2301 W Lawrence Ave

Baths
3,600 Sq. Ft.
$78 / Sq. Ft.
3,600
Sq. Ft.
$78
per Sq. Ft.

Description

Opportunity knocks with this mostly leased income property featuring four well-maintained 2-bedroom, 1-bath units—each offering a designated parking space & shared laundry access. Two of the four units have been recently renovated with quality, newer finishes & details making this a great mix of current cash flow & future upside. With strong rental appeal & practical updates already in place, this 4-unit property is a smart addition to any income driven rental portfolio. Tenant disturbance & walkthrough...Opportunity knocks with this mostly leased income property featuring four well-maintained 2-bedroom, 1-bath units—each offering a designated parking space & shared laundry access. Two of the four units have been recently renovated with quality, newer finishes & details making this a great mix of current cash flow & future upside. With strong rental appeal & practical updates already in place, this 4-unit property is a smart addition to any income driven rental portfolio. Tenant disturbance & walkthrough of occupied units will only be allowed with accepted offer.
  1. Listed by Kyle Killebrew • The Real Estate Group, Inc.
    P: (217)-741-4040 C: (217)-741-4040 kyle@kylesells.com

Property Details for 2301 West Lawrence Avenue

Parking Total
5.0
Subdivision Name
None
LISTING UPDATED: 07/21/2025 03:01 PM

Property Details for 2301 West Lawrence Avenue

StatusSold
MLS #CA1035886
Days on Market13
Taxes$6,626 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1961
Lot Size0.24 AC / 10,350 SF
CountySangamon County

Location

Listing Courtesy of The Real Estate Group, Inc.

Sold By Non-MLS

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Building Information for 2301 West Lawrence Avenue

Stories-Residences4Year Built1961Building Size-Lot Size0.24 AC / 10,350 SF

Payment Calculator

$1,957 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,405

Property Taxes

$552

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2301 West Lawrence Avenue

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: Corner of Lawrence & Witherspoon, just south of Monroe.
  • Latitude: 39.794759
  • Longitude: -89.693664
  • MLSArea Minor: Springfield
  • Postal Code: 62704
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 14-31.0-280-005
  • Tax Annual Amount: $6,626
  • Tax Legal Description: Chas S Wanless Knox Knolls Subdn L 43
  • Tax Year: 2023
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Assigned
Property
Lot Information
  • Structure Type: Apartment Building
  • Building Area Total: 3600.0
  • Lot Features: Level
  • Lot Size Dimensions: 115 x 90
  • Number Of Units Total: 4
  • 100 Year Plain: Unknown
  • Certificate Of Zoning: No
Property and Assessments
  • Documents Available: Tenant Lease(s)
  • Foundation Details: Block
  • New Construction: No
  • Year Built: 1961
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 4
  • 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: Shingle
  • Construction Materials: Brick
Interior Features
  • Basement: Full, Unfinished
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Common Area
  • Number Of Central Air Units: 4
  • Number Of Dishwashers: 4
  • Number Of Dryers: 2
  • Number Of Heating Units: 4
  • Number Of Ranges: 4
  • Numberof Refrigerators: 4
  • Number Of Washers: 2
  • Number Of Water Heaters: 4
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $33,480
  • Gross Scheduled Income: $33,480
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $26,854
  • Operating Expense: $0
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • 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
Unit 3
  • 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 3
Unit 4
  • 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 4
Rental
Rent Information
  • Lease Term: Variable
  • Tenant Pays: Electricity

Property History for 2301 West Lawrence Avenue

DateEvent & SourcePriceAppreciation
Jul 18, 2025

Sold

RMLS ALLIANCE #CA1035886

$279,000
Jul 17, 2025

Sold (Public Record)

Public Record #1908636899

$279,000

+6.3% / yr

May 29, 2025

Pending

RMLS ALLIANCE #CA1035886

Apr 22, 2025

Listed (Active)

RMLS ALLIANCE #CA1035886

$279,900
Jun 23, 2023

Sold (Public Record)

Public Record #1514560883

$246,000

+4.9% / yr

Jun 23, 2023

Sold

RMLS ALLIANCE #CA1022282

$246,000
May 18, 2023

Pending

RMLS ALLIANCE #CA1022282

May 18, 2023

Listed (Active)

RMLS ALLIANCE #CA1022282

$245,000
Feb 8, 2019

Sold (Public Record)

Public Record #1309534105

$200,000

+40.3% / yr

Aug 6, 2014

Expired

RMLS ALLIANCE #CA135021

$189,900
Dec 6, 2013

Temporarily Off Market

RMLS ALLIANCE #CA202382

$138,000
Sep 9, 2013

Listed (Active)

RMLS ALLIANCE #CA135021

$215,000
Feb 24, 2008

Expired

RMLS ALLIANCE #CA276655

$174,900
Sep 17, 2007

Listed (Active)

RMLS ALLIANCE #CA276655

$174,900
Feb 27, 2006

Sold (Public Record)

Public Record #1112116461

$2,500
Feb 28, 2001

Sold

RMLS ALLIANCE #CA202382

$128,000
Jan 19, 2001

Pending

RMLS ALLIANCE #CA202382

May 10, 2000

Listed (Active)

RMLS ALLIANCE #CA202382

$138,000
DateEvent & SourcePrice
07/18/2025

Sold

RMLS ALLIANCE #CA1035886

$279,000
07/17/2025

Sold (Public Record)

Public Record #1908636899

$279,000

+6.3% / yr

05/29/2025

Pending

RMLS ALLIANCE #CA1035886

04/22/2025

Listed (Active)

RMLS ALLIANCE #CA1035886

$279,900
06/23/2023

Sold (Public Record)

Public Record #1514560883

$246,000

+4.9% / yr

06/23/2023

Sold

RMLS ALLIANCE #CA1022282

$246,000
05/18/2023

Pending

RMLS ALLIANCE #CA1022282

05/18/2023

Listed (Active)

RMLS ALLIANCE #CA1022282

$245,000
02/08/2019

Sold (Public Record)

Public Record #1309534105

$200,000

+40.3% / yr

08/06/2014

Expired

RMLS ALLIANCE #CA135021

$189,900
12/06/2013

Temporarily Off Market

RMLS ALLIANCE #CA202382

$138,000
09/09/2013

Listed (Active)

RMLS ALLIANCE #CA135021

$215,000
02/24/2008

Expired

RMLS ALLIANCE #CA276655

$174,900
09/17/2007

Listed (Active)

RMLS ALLIANCE #CA276655

$174,900
02/27/2006

Sold (Public Record)

Public Record #1112116461

$2,500
02/28/2001

Sold

RMLS ALLIANCE #CA202382

$128,000
01/19/2001

Pending

RMLS ALLIANCE #CA202382

05/10/2000

Listed (Active)

RMLS ALLIANCE #CA202382

$138,000

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

Public Records for 2301 West Lawrence Avenue

Taxable ValueLand$9,331Additions$72,722Total$82,053
Tax Record2024$6,892 ($574 / month)
Home Facts
Beds0Lot Size10,145 SqFtStyleSingle Family ResidenceCountySANGAMONAPN14-31.0-280-005

Schools near 2301 West Lawrence 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
Owen Marsh Elementary School
PublicK to 5

U S Grant Middle School
Public6 to 8

Springfield 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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. 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 07/21/2025 03:01 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.