1307 Ledlie Ave

—
Baths
1,299 Sq. Ft.
$62 / Sq. Ft.
1,299
Sq. Ft.
$62
per Sq. Ft.

Description

Looking for a great investment property in Springfield, Illinois? Look no further than this fantastic duplex at 1307 Ledlie. This property offers two units, each with one bedroom and one bathroom, making it an ideal investment for anyone looking to grow their portfolio. The upper level unit currently rents for $663 per month, while the lower level unit rents for $642 per month, providing a total monthly rental income of $1,305. Both units are currently occupied by Section 8 tenants, providing the...Looking for a great investment property in Springfield, Illinois? Look no further than this fantastic duplex at 1307 Ledlie. This property offers two units, each with one bedroom and one bathroom, making it an ideal investment for anyone looking to grow their portfolio. The upper level unit currently rents for $663 per month, while the lower level unit rents for $642 per month, providing a total monthly rental income of $1,305. Both units are currently occupied by Section 8 tenants, providing the added benefit of guaranteed rental income and reduced vacancy risk. As the owner, you will be responsible for paying for water, garbage, and mowing, making it a hassle-free investment opportunity. This property is also located in a desirable area of Springfield, close to local ammonites and transportation options. Overall, this duplex at 1307 Ledlie is a great investment property that offers steady rental income and minimal upkeep. Don't miss out on this opportunity to add a valuable asset to your investment portfolio.
  1. Listed by Jerry George • The Real Estate Group, Inc.
    P: (217)-638-1360 C: (217)-638-1360 jgeorge@thegroup.com

Property Details for 1307 Ledlie Avenue

Parking Total
2.0
Subdivision Name
None
LISTING CLOSED: 07/31/2023 12:00 AM

Property Details for 1307 Ledlie Avenue

StatusSold
MLS #CA1021037
Days on Market54
Taxes$1,963 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1905
Lot Size0.16 AC / 6,880 SF
CountySangamon County

Location

Listing Courtesy of The Real Estate Group, Inc.

Sold By The Real Estate Group, Inc.

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Building Information for 1307 Ledlie Avenue

Stories-Residences2Year Built1905Building Size-Lot Size0.16 AC / 6,880 SF

Payment Calculator

$562 per month

30 year fixed, 6.36% Interest

Principal and Interest

$399

Property Taxes

$164

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1307 Ledlie Avenue

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: North Grand to Ledlie
  • Latitude: 39.818386
  • Longitude: -89.65605
  • MLSArea Minor: Springfield
  • Postal Code: 62702
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 14-21.0-477-023
  • Tax Annual Amount: $1,963
  • Tax Legal Description: S 40' L 3 B 4 B.F. Fox Sub Se Se 21-16-5
  • Tax Year: 2021
School Information
  • High School: Lanphier High School
Parking
  • Parking Features: Detached
Property
Lot Information
  • Structure Type: Two or More Story
  • Building Area Total: 1299.0
  • Lot Features: Level
  • Lot Size Dimensions: 172x40
  • Number Of Units Total: 2
  • 100 Year Plain: No
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: Legal Description
  • Foundation Details: Brick
  • New Construction: No
  • Year Built: 1905
Utilities
  • Number Of Electric Meters: 1
  • Number Of Gas Meters: 2
  • Numberof Water Meters: 1
  • Water Sewer Expense: $60
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: Full, Unfinished
  • Heating: Forced Air, Gas
  • Laundry Features: Units Hook-Ups
  • Number Of Central Air Units: 1
  • Number Of Dishwashers: 0
  • Number Of Dryers: 0
  • Number Of Heating Units: 1
  • Number Of Ranges: 2
  • Numberof Refrigerators: 2
  • Number Of Washers: 0
  • Number Of Water Heaters: 1
  • Number Of Window Units: 1
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $0
  • Insurance Expense: $76
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $-2,123
  • Operating Expense: $160
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $24
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Lease Term: Month To Month
  • Tenant Pays: Trash Collection

Property History for 1307 Ledlie Avenue

DateEvent & SourcePriceAppreciation
Jul 31, 2023

Sold

RMLS ALLIANCE #CA1021037

$80,000—
Jul 28, 2023

Sold (Public Record)

Public Record #1516848819

$80,000

+48.8% / yr

Jun 30, 2023

Pending

RMLS ALLIANCE #CA1021037

—
DateEvent & SourcePrice
07/31/2023

Sold

RMLS ALLIANCE #CA1021037

$80,000
07/28/2023

Sold (Public Record)

Public Record #1516848819

$80,000

+48.8% / yr

06/30/2023

Pending

RMLS ALLIANCE #CA1021037

—

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

Public Records for 1307 Ledlie Avenue

Taxable ValueLand$3,363Additions$24,105Total$27,468
Tax Record2025$2,224 ($185 / month)
Home Facts
Beds0Lot Size6,919 SqFtStyleSingle Family ResidenceCountySANGAMONAPN14-21.0-477-023

Schools near 1307 Ledlie Avenue

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 - 6 to 12
Rating
School
Distance
Enos Elementary School
PublicK to 5

U S Grant Middle School
Public6 to 8

Lanphier High School
Public9 to 12

Douglas 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 The Real Estate Group, Inc.

Based on information submitted to the MLS GRID as of 08/04/2023 03:35 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.