Last Sold Price
4,877 sqft$49/sqft
1117 S 8th St, Springfield, IL 62703

Description

Convenient location near Springfield Clinic & Blood Bank. Additional 2+ car garage rented for extra $200/month. 8 unit rent averages $683 per month. Property has 4 one bed units and 4 2 bed units. Gross operating income average $4,095 per month. Currently 2 units are vacant. Low maintenance building that is well maintained & professionally managed since 2011 for $395 per month. Good, clean, & updated 8-plex w/good rental history and curb appealConvenient location near Springfield Clinic & Blood Bank. Additional 2+ car garage rented for extra $200/month. 8 unit rent averages $683 per month. Property has 4 one bed units and 4 2 bed units. Gross operating income average $4,095 per month. Currently 2 units are vacant. Low maintenance building that is well maintained & professionally managed since 2011 for $395 per month. Good, clean, & updated 8-plex w/good rental history and curb appeal
LISTING CLOSED: 02/24/2020 12:00 AM

  1. Listed by Ken Kingery • RE/MAX Professionals
    P: (217)-787-7215 C: (217)-494-9069 kennethkingery@aol.com

Property Details for 1117 South 8th Street

Status
MLS #
CA997566
Days on Market
2
Taxes
$6,779 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Residential Income
Year Built
-
Lot Size
0.28 AC / 12,200 SF
Parking Total
12.0
Subdivision Name
None

Location

Listing Courtesy of RE/MAX Professionals

Sold By The Real Estate Group Inc.

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Building Information for 1117 South 8th Street

Stories-Residences8Year Built-Building Size-Lot Size0.28 AC / 12,200 SF

Payment Calculator

$1,780 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,215

Property Taxes

$565

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1117 South 8th Street

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: 8th between Scarritt & Allen.
  • Latitude: 39.78991
  • Longitude: -89.645734
  • MLSArea Minor: Springfield
  • Postal Code: 62703
  • State Or Province: IL
  • Zoning: R5
Taxes and HOA Information
  • Parcel Number: 14340378024
  • Tax Exemptions: None
  • Tax Annual Amount: $6,779
  • Tax Legal Description: L 15 & 16 B 10 E Iles 2nd Addn
  • Tax Year: 2019
School Information
  • High School: Springfield
Parking
  • Parking Features: Assigned
Property
Lot Information
  • Structure Type: Two or More Story
  • Building Area Total: 4877.0
  • Lot Features: Level
  • Lot Size Dimensions: 80 x 152.5
  • Number Of Units Total: 8
  • 100 Year Plain: No
  • Road Surface Type: Paved
Property and Assessments
  • New Construction: No
  • Year Built: 0
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 9
  • Number Of Gas Meters: 0
  • Numberof Water Meters: 0
  • Water Sewer Expense: $0
  • Water Source: Community Water, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Vinyl Siding
Interior Features
  • Basement: Partial
  • Heating: Electric, Forced Air, Central
  • Laundry Features: None
  • Number Of Central Air Units: 8
  • Number Of Dishwashers: 0
  • Number Of Dryers: 0
  • Number Of Heating Units: 8
  • Number Of Ranges: 8
  • Numberof Refrigerators: 8
  • Number Of Washers: 0
  • Number Of Water Heaters: 0
  • Operating Recording Device: None
  • Unit Entry Level: ***
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $17,592
  • Gross Scheduled Income: $16,392
  • Insurance Expense: $0
  • Maintenance Expense: $2,000
  • Manager Expense: $395
  • Net Operating Income: $15,197
  • Operating Expense: $2,395
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 1200
  • Trash Expense: $0
Unit 1
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Lease Term: One Year or Less
  • Tenant Pays: Electricity

Property History for 1117 South 8th Street

DateEvent & SourcePriceAppreciation
Feb 24, 2020

Sold

RMLS ALLIANCE #CA997566

$239,000
Feb 12, 2020

Sold (Public Record)

Public Record #1362873525

$239,000
Jan 22, 2020

Pending

RMLS ALLIANCE #CA997566

DateEvent & SourcePrice
02/24/2020

Sold

RMLS ALLIANCE #CA997566

$239,000
02/12/2020

Sold (Public Record)

Public Record #1362873525

$239,000
01/22/2020

Pending

RMLS ALLIANCE #CA997566

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1117 South 8th Street

Taxable ValueLand$19,405Additions$87,181Total$106,586
Tax Record2025$8,630 ($719 / month)
Home Facts
Lot Size12,269 SqFtStyleMiscellaneous CommercialCountySANGAMONAPN14-34.0-378-024

Schools near 1117 South 8th Street

This home is within Springfield School District 186.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Elizabeth Graham Elementary School
PublicK to 5

Benjamin Franklin Middle School
Public6 to 8

Springfield High School
Public9 to 12

Springfield Learning Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Professionals

Based on information submitted to the MLS GRID as of 08/10/2021 04:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.