Washington Park rentals - 8 (1bd-1ba) units in 2 buildings walking distance to the park. Long time tenants - teachers, residents, and nurses. All units have been updated as tenants have transitioned; kitchen, bath, appliances, flooring, etc.. 6 carports and 2 parking spots for residents. The original character of the property and units have been preserved; crown molding, hardwood floors, trim, window and door trim, etc.. Each unit has a separate dining room and screened in sunroom which makes these units very desirable for location and size. Laundry is provided in lower level of one of the buildings.
Sold for $505,000 on 08/02/23
$505,000
862 Loraine Ave #1-8, Springfield, IL 62704
4beds
4baths
6,000sqft
Multi Family, Apartment
Built in 1929
-- sqft lot
$557,400 Zestimate®
$84/sqft
$1,346 Estimated rent
Home value
$557,400
$513,000 - $608,000
$1,346/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 02, 2023 at 01:01pm
Listed by:
Jerry George Pref:217-638-1360,
The Real Estate Group, Inc.
Bought with:
Megan M Pressnall, 475162500
The Real Estate Group, Inc.
Source: RMLS Alliance,MLS#: CA1022981
Originating MLS: Capital Area Association of Realtors
Originating MLS: Capital Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Dryer, Range, Refrigerator, Washer, Water Heater
- Laundry: Common Area
Features
- Storage, High Speed Internet
- Basement: Full,Unfinished
Interior area
- Total structure area: 6,000
- Total interior livable area: 6,000 sqft
Property
Parking
- Total spaces: 8
- Parking features: Carport, Detached, On Street, Parking Pad
- Has carport: Yes
- Has uncovered spaces: Yes
Lot
- Size: 0.51 Acres
- Dimensions: 280 x 80
- Features: Level
Details
- Additional parcels included: 14320427017
- Parcel number: 14320427016
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Aluminum Siding
- Foundation: Brick/Mortar, Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Springfield
- Subdivision: Washington Park
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/2/2023 | Sold | $505,000+1.2%$84/sqft |
Source:  RMLS Alliance #CA1022981 | ||
| 6/28/2023 | Contingent | $499,000$83/sqft |
Source: RMLS Alliance #CA1022981 | ||
| 6/21/2023 | Listed for sale | $499,000$83/sqft |
Source: RMLS Alliance #CA1022981 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Historic West Side
Nearby schools
GreatSchools rating
- 2/10Elizabeth Graham Elementary SchoolGrades: K-5Distance: 0.6 mi
- 3/10Benjamin Franklin Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10Springfield High SchoolGrades: 9-12Distance: 1 mi
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