Last Sold Price
2 beds3,200 sqft$63/sqft
202 Springfield St, Newark, IL 60541

Description

Originally built as the Lisbon Academy (circa 1845), this very unique 2-story building has been re-zoned R-2 (2-unit apartment building)~Once the upper unit has been completed per the blueprints, each unit to have a living room/dining room, eat-in kitchen, 2-bedrooms & a full bathroom~Great potential here, perfect as an investment property, reside in one unit & rent the other unit out for addt' income or reside in one unit & use the other unit for a home based business! Many recent upgrades/improvements...Originally built as the Lisbon Academy (circa 1845), this very unique 2-story building has been re-zoned R-2 (2-unit apartment building)~Once the upper unit has been completed per the blueprints, each unit to have a living room/dining room, eat-in kitchen, 2-bedrooms & a full bathroom~Great potential here, perfect as an investment property, reside in one unit & rent the other unit out for addt' income or reside in one unit & use the other unit for a home based business! Many recent upgrades/improvements have been made to this building including new windows, a 30-year architectural shingle roof (w/complete tear-off & new 5/8" plywood decking/16" on center), aluminum soffit, vinyl siding, exterior doors/storm doors & exterior lighting~Interior upgrades/improvements to the 1st floor unit include new high efficiency (96% AFUE) Trane furnace, new 3-ton Trane central A/C unit, new hot water heater (electric), water softener, insulation, drywall, paint, interior lighting/ceiling fans, electric (200-amp service) panel, plumbing (w/3-pipe system for hot/cold & recirculating water), reverse osmosis system & sealed sub-flooring~The 1st floor unit is almost ready for occupancy, offering a living room/dining room, a spacious eat-in kitchen w/breakfast bar, 2-bedrooms & a full bath~This 1st floor unit promotes brand new kitchen cabinetry (drawers w/soft-close feature), counter tops, breakfast bar, water filtration system at kitchen sink & a new dishwasher~The 1st floor also features a beautiful new bathroom w/luxury vinyl plank flooring (LVP), a new vanity, new mirror, toilet & shower/tub~This bathroom is also plumbed for a stacked washer & dryer (electric dryer)~Some interior trim/molding work needs to be finished, some window frames need to be completed (the wood is already on-site) & new flooring will need to be installed in LR/DR, kitchen & bedrooms in this unit~The 2nd floor unit has blueprints for a floor plan that is very similar to 1st floor unit & does have some framing done w/a sealed sub-flooring throughout & a new 200-amp electric panel~Some plumbing has also been brought to this upper unit including a new bathtub~This 2nd floor unit features an 11' ceiling & lots of windows for great natural light~This unit could also be finished as a 'loft-style' apartment~This property has a 200' well w/newer well pump (set at 125') & water system (including a newer hydro pneumatic tank)~Each unit has a separate entrance & is set up for separate utilities (gas & electric)~Located on a premium 0.40 acre lot w/ample parking space for residents & guests~Conveniently close to park & Lisbon elementary school!
LISTING CLOSED: 09/06/2023 12:00 AM

  1. Listed by Robin Freiman • Coldwell Banker Real Estate Group
    P: (630)-244-1114 C: (630)-244-1114 rfreiman@coldwellhomes.com

Sold By Coldwell Banker Real Estate Group

Property Details for 202 Springfield Street

Status
MLS #
11693075
Days on Market
195
Taxes
$1,561 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Two to Four Units / 2 Story Unit/S
Year Built
-
Lot Size
0.40 AC / 17,424 SF
Area
Newark
Township
Lisbon
Ownership
Fee Simple
Num Of Parking Spaces
4.0
Num Of Cars
4.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air

Location

Add your commute

Building Information for 202 Springfield Street

Stories-Residences2Year Built-Building Size-Lot Size0.40 AC / 17,424 SF

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$1,147 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,017

Property Taxes

$130

HOA Dues

$0

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Property Information for 202 Springfield Street

General Information
School Information
  • Elementary School District: 90
  • Elementary School: Lisbon Grade School
  • Jr High Middle School: Lisbon Grade School
  • High School District: 90
  • High School: Lisbon Grade School
  • Middle Or Junior School District: 90
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Unassigned, Off Street
  • Parking On Site: true
  • Parking Ownership: Owned
Property Information
Interior Features
  • Num Of Rooms: 6
  • Bedrooms Total: 2
  • Bedrooms (Below Grade): 0
  • Community Features: Park, Street Paved
  • Basement Type: None
  • Bedrooms Possible: 2
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Other
  • Water: Private Well
  • Other Equipment: Water-Softener Owned, Ceiling Fan(s), Water Heater-Electric
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2022
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Corner Lot, Fenced Yard
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 132X132
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding, Stucco
  • Roof Type: Asphalt
  • General Information: None
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 2
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 01-05-2023
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0

Property History for 202 Springfield Street

DateEvent & SourcePriceAppreciation
Sep 6, 2023

Sold (Public Record)

Public Record #1520198359

$200,000

+13.6% / yr

Sep 6, 2023

Sold

MRED #11693075

$200,000
Jul 12, 2023

Pending

MRED #11693075

DateEvent & SourcePrice
09/06/2023

Sold (Public Record)

Public Record #1520198359

$200,000

+13.6% / yr

09/06/2023

Sold

MRED #11693075

$200,000
07/12/2023

Pending

MRED #11693075

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

Public Records for 202 Springfield Street

Taxable ValueLand$13,650Additions$57,944Total$71,594
Tax Record2025$4,801 ($400 / month)
Home Facts
Beds2Total Finished SqFt3,264 SqFtAbove Grade Finished SqFt3,264 SqFtStories2Lot Size17,418 SqFtStyleSingle Family ResidenceYear Built1900CountyKENDALLAPN08-30-151-011

Schools near 202 Springfield Street

This home is within Newark Chsd 18 School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Lisbon Grade School
PublicK to 8

Newark Community 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 202 Springfield Street, Newark, IL 60541
$200,000
2
3,200
17,424
$220,000
4
2,265
17,424
3
2
1,378
11,605
$38,000
35,044

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 Real Estate Group

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/09/2023 03:00 AM. 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.