Last Sold Price
3,544 sqft$11/sqft
117 E Springfield St, Virginia, IL 62691

Description

Great opportunity to own an investment property with good income potential. Upstairs unit has been nicely finished, and is currently rented. Downstairs unit needs to be finished, but once complete, this building should provide a good income stream with both units rented. There is a spacious storage area in the back which would provide additional possibilities once repaired. Great location on the Virginia square, close to all town amenities! This is your chance to create a passive income stream for...Great opportunity to own an investment property with good income potential. Upstairs unit has been nicely finished, and is currently rented. Downstairs unit needs to be finished, but once complete, this building should provide a good income stream with both units rented. There is a spacious storage area in the back which would provide additional possibilities once repaired. Great location on the Virginia square, close to all town amenities! This is your chance to create a passive income stream for retirement, or live in one unit and rent the other for extra income. Lots of potential with this property! Come see for yourself!
LISTING CLOSED: 02/23/2023 12:00 AM

  1. Listed by Kennith Lowery • Coldwell Banker Springfield
    P: (217) 341-7716 C: (217) 341-7716 Ken.lowery@comcast.net

Property Details for 117 East Springfield Street

Status
MLS #
CA1019533
Days on Market
52
Taxes
$551 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Residential Income
Year Built
1886
Lot Size
0.06 AC / 2,400 SF
Parking Total
2.0
Subdivision Name
None

Recent comparable sales

Median sold price

$113,000

Avg days on market

88

Sale-to-list ratio

90.3%

Virginia, IL

9 comparable properties found

$120,000 | 707 South 5th Avenue, Virginia, MN 55792
1

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Unavailable
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Bathrooms
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Square Feet
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Acres
$119,900 | 218 2nd Street North, Virginia, MN 55792
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Acres
$167,000 | 207 5th Street South, Virginia, MN 55792
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Square Feet
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$57,000 | 21 Waasa Twp Mn 55732, Virginia, MN 55792
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$118,000 | Oo North Gumtown Road, Virginia, IL 62691
1/28
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Bedrooms
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Bathrooms
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Square Feet
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Acres
$113,000 | 7199 Clover Road, Virginia, MN 55792
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Bedrooms
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Bathrooms
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Acres

Location

Listing Courtesy of Coldwell Banker Springfield

Sold By Coldwell Banker Springfield

Add your commute

Building Information for 117 East Springfield Street

Stories-Residences2Year Built1886Building Size-Lot Size0.06 AC / 2,400 SF

Payment Calculator

$249 per month

30 year fixed, 6.55% Interest

Principal and Interest

$203

Property Taxes

$46

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 117 East Springfield Street

Summary
Location and General Information
  • City: Virginia
  • County Or Parish: Cass
  • Directions: From Sfield-Go west on Rte 97. Continue going west past the 97 Junction, through Pl Plains, Ashland, Philadelphia, to Virginia. Left at stoplight. Right on Springfield St. Apt Building on right. From Jville-go North on 78-left on Springfield St.
  • Latitude: 39.951169
  • Longitude: -90.210257
  • MLSArea Minor: Virginia
  • Postal Code: 62691
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 11-038-012-00
  • Tax Annual Amount: $551
  • Tax Legal Description: E 20' LOT 51 ORIGINAL TOWN (20' X 120')
  • Tax Year: 2021
School Information
  • Elementary School: Virginia
  • High School: Virginia
  • Middle Or Junior School: Virginia CUSD
Parking
  • Parking Features: On Street
Property
Lot Information
  • Structure Type: Apartment Building
  • Building Area Total: 3544.0
  • Lot Features: Level
  • Lot Size Dimensions: 20' X 120'
  • Number Of Units Total: 2
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: None Available
  • New Construction: No
  • Year Built: 1886
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 1
  • Number Of Gas Meters: 1
  • Numberof Water Meters: 1
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Rubber
  • Construction Materials: Brick
Interior Features
  • Basement: Unfinished
  • Heating: Forced Air, Central
  • Number Of Central Air Units: 1
  • Number Of Heating Units: 2
  • Number Of Water Heaters: 2
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $13,200
  • Gross Scheduled Income: $6,600
  • Insurance Expense: $100
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $12,449
  • Operating Expense: $200
  • Advertising Expense: 0
  • Gas Expense: 100
  • Misc Annual Income: 6600
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2

Property History for 117 East Springfield Street

DateEvent & SourcePriceAppreciation
Feb 23, 2023

Sold

RMLS ALLIANCE #CA1019533

$40,000
Jan 28, 2023

Price Change

RMLS ALLIANCE #CA1019533

$47,900
Jan 28, 2023

Pending

RMLS ALLIANCE #CA1019533

DateEvent & SourcePrice
02/23/2023

Sold

RMLS ALLIANCE #CA1019533

$40,000
01/28/2023

Price Change

RMLS ALLIANCE #CA1019533

$47,900
01/28/2023

Pending

RMLS ALLIANCE #CA1019533

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

Public Records for 117 East Springfield Street

Taxable ValueLand$1,465Additions$16,555Total$18,020
Tax Record2025$1,633 ($136 / month)
Home Facts
Total Finished SqFt6,040 SqFtAbove Grade Finished SqFt6,040 SqFtStories2Lot Size2,400 SqFtStyleMiscellaneous CommercialYear Built1886Year Renovated1886CountyCASSAPN11-038-012-00

Schools near 117 East Springfield Street

This home is within Virginia Community Unit School District 64.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Rating
School
Distance
Virginia Elementary School
PublicPK to 5

Virginia Sr High School
Public6 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 Coldwell Banker Springfield

Based on information submitted to the MLS GRID as of 02/23/2023 10:25 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.