Sold
Last Sold Price
5,600 sqft$36/sqft
305 Bruns Ln, Springfield, IL 62702
Multi FamilyProperty Type
0.27 acresLot Size
$36/sq ftPrice per sq ft

Description

Great potential in these buildings. 2 - fourplex buildings with strong rental history. Great proximity to downtown and local shopping. Six of the units have two bedrooms/1 bath and two have 1 bedroom/1 bath. Great property for the price!Great potential in these buildings. 2 - fourplex buildings with strong rental history. Great proximity to downtown and local shopping. Six of the units have two bedrooms/1 bath and two have 1 bedroom/1 bath. Great property for the price!
  • Listed by: Rachel Pate 217.787.7000 rachelpaterealestate@gmail.com • The Real Estate Group Inc.
Listing closed: 12/17/2018 12:00 AM • Source: RMLS ALLIANCE, MLS#: CA185708

Recent comparable sales

Median sold price

$200,000

Avg days on market

10

Sale-to-list ratio

97.2%

Springfield, IL

9 comparable properties found

$235,000 | 1901 South 1st Street, Springfield, IL 62704
1/8
1

$235,000

Sold 04/30/26

Unavailable
Bedrooms
Unavailable
Bathrooms
5,390
Square Feet
0.28
Acres
$222,500 | 2333 Gillespie Street, Springfield, IL 62704
1/36
2

$222,500

Sold 01/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,807
Square Feet
0.13
Acres
$200,000 | 334 Norwalk Road, Springfield, IL 62704
1/40
3

$200,000

Sold 02/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,483
Square Feet
0.26
Acres
$185,000 | 141 North Douglas Avenue, Springfield, IL 62702
1/16
4

$185,000

Sold 09/01/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,832
Square Feet
0.16
Acres
$186,500 | 1137 North Park Avenue, Springfield, IL 62702
1/2
5

$186,500

Sold 06/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,984
Square Feet
0.28
Acres
$200,000 | 413 Avondale Drive, Springfield, IL 62704
1/6
6

$200,000

Sold 02/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,936
Square Feet
0.22
Acres
$385,000 | 500 South Douglas Avenue, Springfield, IL 62704
1/39
7

$385,000

Sold 10/23/24

Unavailable
Bedrooms
Unavailable
Bathrooms
5,712
Square Feet
0.29
Acres
$200,000 | 543 South Douglas Avenue, Springfield, IL 62704
1/39
8

$200,000

Sold 04/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,584
Square Feet
0.14
Acres
$205,000 | 2401-2403 Lynnhaven Drive, Springfield, IL 62704
1/12
9

$205,000

Sold 10/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,974
Square Feet
0.24
Acres

Location

Listing Courtesy of The Real Estate Group Inc.

Sold By RE/MAX Professionals

Add your commute

Payment Calculator

$1,404 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,017

Property Taxes

$387

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 305 Bruns Lane

Property Details
  • Taxes: $4,649 / year
  • MLS Type: Residential Income / Residential Income
  • Parking Total: 6.0
Building Information
  • Residences: 8
  • Lot Size: 0.27 AC / 11,970 SF
Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: North on Chatham road past Washington St and on the left.
  • Latitude: 39.805263
  • Longitude: -89.687594
  • MLSArea Minor: Springfield
  • Postal Code: 62704
  • State Or Province: IL
  • Zoning: Residential
Taxes and HOA Information
  • Parcel Number: 14290351045
  • Tax Annual Amount: $4,649
  • Tax Legal Description: NE PT N5A L6 TEMPLE HILL SUB
  • Tax Year: 2017
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Parking Pad
Property
Lot Information
  • Structure Type: Apartment Building
  • Building Area Total: 5600.0
  • Lot Size Dimensions: 171 x 70
  • Number Of Units Total: 8
Utilities
  • Water Sewer Expense: $3,360
  • Water Source: Public Sewer
Interior and Exterior Features
Exterior Features
  • Lawn Snow Removal: 800
  • Construction Materials: Aluminum Siding
Interior Features
  • Basement: Block, None
  • Heating: Electric, Forced Air, Other
  • Number Of Dishwashers: 0
  • Number Of Dryers: 2
  • Number Of Ranges: 4
  • Numberof Refrigerators: 4
  • Number Of Washers: 2
  • Number Of Window Units: 4
  • Unit Entry Level: ***
Multi Family
Income & Expenses
  • Electric Expense: $600
  • Gross Income: $49,200
  • Insurance Expense: $8,900
  • Maintenance Expense: $2,400
  • Manager Expense: $4,680
  • Net Operating Income: $22,411
  • Operating Expense: $26,789
  • Gas Expense: 0
  • Trash Expense: $1,200
Unit 1
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Type: Unit 4

Property History for 305 Bruns Lane

DateEvent & SourcePriceAppreciation
Dec 17, 2018

Sold

RMLS ALLIANCE #CA185708

$200,000
Nov 12, 2018

Pending

RMLS ALLIANCE #CA185708

Aug 29, 2018

Listed (Active)

RMLS ALLIANCE #CA185708

$244,000
DateEvent & SourcePrice
12/17/2018

Sold

RMLS ALLIANCE #CA185708

$200,000
11/12/2018

Pending

RMLS ALLIANCE #CA185708

08/29/2018

Listed (Active)

RMLS ALLIANCE #CA185708

$244,000

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

Schools near 305 Bruns Lane

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
Jane Addams 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.

Similar Homes

New listings in 62702

$159,900 | 1037 North 8th Street, Springfield, IL 62702
1/33
New

$159,900

3
Bedrooms
1,600
Square Feet
0.17
Acres
a front view of a house with garden

$55,753

2
Bedrooms
696
Square Feet
0.12
Acres
a view of a house with a yard
1/11

$42,000

2
Bedrooms
700
Square Feet
0.11
Acres
$31,900 | 1129 East Reservoir Street, Springfield, IL 62702
1/7

$31,900

3
Bedrooms
2,080
Square Feet
0.14
Acres
$27,000 | 1515 North Lincoln Avenue, Unit 14, Springfield, IL 62702
1/8

$27,000

2
Bedrooms
Unavailable
Square Feet
Unavailable
Acres
$139,900 | 1215 North 5th Street, Springfield, IL 62702
1/29

$139,900

4
Bedrooms
1,530
Square Feet
0.20
Acres
$93,900 | 1624 North 28th Street, Springfield, IL 62702
1/11

$93,900

2
Bedrooms
704
Square Feet
Unavailable
Acres
$67,000 | 1617 East Matheny Avenue, Springfield, IL 62702
1/11

$67,000

2
Bedrooms
831
Square Feet
0.16
Acres
$75,000 | 820 North 8th Street, Springfield, IL 62702

$75,000

3
Bedrooms
1,400
Square Feet
0.14
Acres

Nearby home values

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 10/05/2022 11:04 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. 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.