3100 Butler St

—
Baths
36,828 Sq. Ft.
$42 / Sq. Ft.
36,828
Sq. Ft.
$42
per Sq. Ft.

Description

Stabilized Class C property generating a $25,000 monthly GPR with room to grow! Located in Southeast region of Springfield, Lakeside Village is an established complex operating three 12 unit apartment buildings. Total of 36 2BR/1BA units large parking lot & well maintained privacy fenced grounds. Individually metered all electric units with shared water meters (owner pays) & common coin laundry (income). Owner provides 2022 Profit/Loss totals, Q1 P/L, April 2023 Rent Roll, 2023 P/L projection, and...Stabilized Class C property generating a $25,000 monthly GPR with room to grow! Located in Southeast region of Springfield, Lakeside Village is an established complex operating three 12 unit apartment buildings. Total of 36 2BR/1BA units large parking lot & well maintained privacy fenced grounds. Individually metered all electric units with shared water meters (owner pays) & common coin laundry (income). Owner provides 2022 Profit/Loss totals, Q1 P/L, April 2023 Rent Roll, 2023 P/L projection, and says bring your 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 3100 Butler Street

Parking Total
50.0
Subdivision Name
None
LISTING CLOSED: 12/14/2023 12:00 AM

Property Details for 3100 Butler Street

StatusSold
MLS #CA1022276
Days on Market54
Taxes$14,784 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1978
Lot Size-
CountySangamon County

Location

Listing Courtesy of The Real Estate Group, Inc.

Sold By The Real Estate Group, Inc.

Add your commute

Building Information for 3100 Butler Street

Stories-Residences36Year Built1978Building Size-Lot Size-

Payment Calculator

$9,110 per month

30 year fixed, 6.55% Interest

Principal and Interest

$7,878

Property Taxes

$1,232

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 3100 Butler Street

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: CORNER OF BUTLER & LAKE VICORIA DR, 1 BLOCK FROM STEVENSON
  • Latitude: 39.759299
  • Longitude: -89.62334
  • MLSArea Minor: Springfield
  • Postal Code: 62703
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 22-11.0-329-020
  • Tax Annual Amount: $14,784
  • Tax Legal Description: Lake Victoria Pud Project G-1 Except Lot G-1-4 11-15-5
  • Tax Year: 2022
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Guest Parking
Property
Lot Information
  • Structure Type: Apartment Building
  • Building Area Total: 36828.0
  • Lot Features: Corner Lot, Level
  • Lot Size Dimensions: Irregular
  • Number Of Units Total: 36
  • 100 Year Plain: Unknown
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: Other
  • Foundation Details: Block
  • New Construction: No
  • Year Built: 1978
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 36
  • Number Of Gas Meters: 0
  • Numberof Water Meters: 3
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fence
  • Roof: Cement, Shingle
  • Construction Materials: Brick, Wood Siding
Interior Features
  • Basement: Unfinished
  • Heating: Electric, Forced Air, Central Air
  • Interior Features: Cable Available
  • Laundry Features: Common Area, Owned Equipment
  • Number Of Central Air Units: 36
  • Number Of Dishwashers: 36
  • Number Of Dryers: 3
  • Number Of Heating Units: 36
  • Number Of Ranges: 36
  • Numberof Refrigerators: 36
  • Number Of Washers: 3
  • Number Of Water Heaters: 36
  • Number Of Window Units: 0
  • Operating Recording Device: Audio & Video
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $305,484
  • Gross Scheduled Income: $302,448
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $290,700
  • Operating Expense: $0
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 3036
  • 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
  • Annual Vacancy Factor: 0

Property History for 3100 Butler Street

DateEvent & SourcePriceAppreciation
Dec 14, 2023

Sold

RMLS ALLIANCE #CA1022276

$1,550,000—
Jul 11, 2023

Pending

RMLS ALLIANCE #CA1022276

—
Jul 10, 2023

Price Change

RMLS ALLIANCE #CA1022276

$1,850,000—
DateEvent & SourcePrice
12/14/2023

Sold

RMLS ALLIANCE #CA1022276

$1,550,000
07/11/2023

Pending

RMLS ALLIANCE #CA1022276

—
07/10/2023

Price Change

RMLS ALLIANCE #CA1022276

$1,850,000

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

Public Records for 3100 Butler Street

Taxable ValueLand$45,319Additions$442,468Total$487,787
Tax Record2025$39,493 ($3,291 / month)
Home Facts
Lot Size74,488 SqFtStyleMiscellaneous CommercialCountySANGAMONAPN22-11.0-329-020

Schools near 3100 Butler Street

This home is within Springfield School District 186.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Edwin A Lee Elementary School
PublicK to 12

Jefferson Middle School
Public6 to 8

Springfield Southeast High School
Public9 to 12

Springfield Ball Charter School
CharterK to 8

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

Nearby off-market homes

AddressSold priceBedsBathsSqftLot AC
–
–
–
–
0.44
$600,000
–
–
–
1.37
–
–
–
–
0.32
$25,850
–
–
5,760
0.28
$4,200,000
–
–
–
4.04

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 12/15/2023 02:01 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.