Sold
Last Sold Price
3,045 sqft
1315 Springfield Rd, East Peoria, IL 61611
Multi FamilyProperty Type
1958Year Built
$49/sq ftPrice per sq ft

Description

A rare opportunity to own an all brick tri-plex in East Peoria. Three well maintained apartments; two on the upper level, one on the lower level. All three units have two bedrooms and one bathroom. Each apartment has their own storage unit and a shared laundry space, all accessible from inside. Owner pays common area utilities and entire water, but each unit does have their own gas & electric meter. A large parking pad has parking for 4 cars, plus space for two more in an auxiliary pad. This is a...A rare opportunity to own an all brick tri-plex in East Peoria. Three well maintained apartments; two on the upper level, one on the lower level. All three units have two bedrooms and one bathroom. Each apartment has their own storage unit and a shared laundry space, all accessible from inside. Owner pays common area utilities and entire water, but each unit does have their own gas & electric meter. A large parking pad has parking for 4 cars, plus space for two more in an auxiliary pad. This is a great investment opportunity to own a multi-family property in a central location. Can be packaged with two other all brick multi-family buildings, call for details. (RMLS IDs for package: PA1211740 & PA1211737)
  • Listed by: Ryan Cannon 309.648.5675 ryancannon@remax.net • RE/MAX Traders Unlimited
Listing closed: 03/03/2020 12:00 AM • Source: RMLS ALLIANCE, MLS#: PA1211736

Recent comparable sales

Median sold price

$180,000

Avg days on market

89

Sale-to-list ratio

89.0%

East Peoria, IL

9 comparable properties found

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$110,000 | 2510 Springfield Road, East Peoria, IL 61611
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$265,000 | 101 Patricia Avenue, East Peoria, IL 61611
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Unavailable
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a view of a town with barn house and large tree
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Location

Listing Courtesy of RE/MAX Traders Unlimited

Sold By RE/MAX Traders Unlimited

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$1,163 per month

30 year fixed, 6.71% Interest

Principal and Interest

$765

Property Taxes

$398

HOA Dues

$0

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Property Information for 1315 Springfield Road

Property Details
  • Taxes: $4,774 / year
  • MLS Type: Residential Income / Residential Income
  • Parking Total: 4.0
  • Subdivision Name: Pierson
Building Information
  • Residences: 3
  • Year Built: 1958
Summary
Location and General Information
  • City: East Peoria
  • County Or Parish: Tazewell
  • Directions: Past Veterans Park on Springfield Rd
  • Latitude: 40.647992
  • Longitude: -89.565741
  • MLSArea Minor: PAAR Area
  • Postal Code: 61611
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 05-05-04-302-002
  • Tax Annual Amount: $4,774
  • Tax Legal Description: SEC 4 T25N R4W M N PIERSONS SUBD (LOT 1 EXC S 42 OF PT OF LOT 17) SW 1/4
  • Tax Year: 2018
School Information
  • High School: East Peoria Comm
Parking
  • Parking Features: Parking Pad
Property
Lot Information
  • Structure Type: Triplex
  • Building Area Total: 3045.0
  • Lot Features: Level
  • Lot Size Dimensions: 122x203x55
  • Number Of Units Total: 3
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: Tenant Lease(s)
  • New Construction: No
  • Year Built: 1958
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 4
  • Number Of Gas Meters: 3
  • Numberof Water Meters: 1
  • Water Sewer Expense: $1,596
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
Interior Features
  • Basement: Egress Window(s), Finished, Full
  • Heating: Forced Air, Gas, Central, Gas Water Heater
  • Interior Features: Storage, Cable Available
  • Laundry Features: Common Area, Owned Equipment
  • Number Of Central Air Units: 3
  • Number Of Dishwashers: 0
  • Number Of Dryers: 2
  • Number Of Heating Units: 3
  • Number Of Ranges: 3
  • Numberof Refrigerators: 3
  • Number Of Washers: 2
  • Number Of Water Heaters: 4
  • Number Of Window Units: 0
  • Operating Recording Device: None
  • Unit Entry Level: ***
Multi Family
Income & Expenses
  • Electric Expense: $376
  • Gross Income: $22,800
  • Gross Scheduled Income: $22,800
  • Insurance Expense: $1,870
  • Maintenance Expense: $2,670
  • Manager Expense: $0
  • Net Operating Income: $15,912
  • Operating Expense: $6,888
  • Advertising Expense: 0
  • Gas Expense: 376
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • 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
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Lease Term: One Year or Less

Property History for 1315 Springfield Road

DateEvent & SourcePriceAppreciation
Mar 3, 2020

Sold

RMLS ALLIANCE #PA1211736

$148,000
Feb 27, 2020

Sold (Public Record)

Public Record #669816698

$148,000

-1.9% / yr

Jan 13, 2020

Pending

RMLS ALLIANCE #PA1211736

DateEvent & SourcePrice
03/03/2020

Sold

RMLS ALLIANCE #PA1211736

$148,000
02/27/2020

Sold (Public Record)

Public Record #669816698

$148,000

-1.9% / yr

01/13/2020

Pending

RMLS ALLIANCE #PA1211736

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

Public Records for 1315 Springfield Road

Taxable ValueLand$9,790Additions$57,680Total$67,470
Tax Record2024$5,732 ($478 / month)
Home Facts
Beds4Baths3Total Finished SqFt6,045 SqFtAbove Grade Finished SqFt4,545 SqFtFinished Basement SqFt1,500 SqFtUnfinished Basement SqFt45 SqFtStories1Lot Size13,872 SqFtStyleSingle Family ResidenceYear Built1958Year Renovated1970CountyTAZEWELLAPN05-05-04-302-002

Schools near 1315 Springfield Road

This home is within East Peoria Chsd 309 School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Don D Shute Elementary School
PublicPK to 2

Lincoln Elementary School
Public3 to 5

Central Jr High School
Public6 to 8

East Peoria High School
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 Traders Unlimited

Based on information submitted to the MLS GRID as of 10/05/2022 06:24 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.