3100 Butler St, Unit 1833

Baths
36,828 Sq. Ft.
$52 / Sq. Ft.
36,828
Sq. Ft.
$52
per Sq. Ft.

Description

Don’t miss this rare opportunity to own a turnkey 36-unit multifamily property located in Springfield’s desirable south end. This well-maintained complex offers a strong rental history with 95% occupancy of two bed 1 bath units making it ideal for long-term stability and consistent income. Recent capital improvements, on-site parking, and professional management in place provide ease of ownership for investors. The property sits in a high-demand rental corridor, close to major employers, shopping,...Don’t miss this rare opportunity to own a turnkey 36-unit multifamily property located in Springfield’s desirable south end. This well-maintained complex offers a strong rental history with 95% occupancy of two bed 1 bath units making it ideal for long-term stability and consistent income. Recent capital improvements, on-site parking, and professional management in place provide ease of ownership for investors. The property sits in a high-demand rental corridor, close to major employers, shopping, dining, and transportation routes. With market rents and low vacancy, this asset is positioned for immediate returns and future upside potential. Showings require 24 hour notice and the listing agent present.
  1. Listed by Richard Wiese • Wiese Properties Powered By Keller Williams
    P: (217)-415-5445 C: (217)-415-5445 rwiese3@wiesepropertiesinc.com

Property Details for 3100 Butler Street, Unit 1833

Parking Total
50.0
Subdivision Name
Springfield
LISTING UPDATED: 09/17/2025 03:01 PM

Property Details for 3100 Butler Street, Unit 1833

StatusPending ( No Showings )
MLS #CA1037328
Days on Market87
Taxes$38,000 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1978
Lot Size2.00 AC / 87,120 SF
CountySangamon County

Location

Listing Courtesy of Wiese Properties Powered By Keller Williams
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Building Information for 3100 Butler Street, Unit 1833

Stories-Residences36Year Built1978Building Size-Lot Size2.00 AC / 87,120 SF

Payment Calculator

$12,824 per month

30 year fixed, 6.55% Interest

Principal and Interest

$9,657

Property Taxes

$3,167

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3100 Butler Street, Unit 1833

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: Take Stevenson dr. to Butler and head north
  • 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: $38,000
  • Tax Legal Description: Butler Place Apartments
  • Tax Year: 2025
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Guest
Property
Lot Information
  • Structure Type: Apartment Building
  • Building Area Total: 36828.0
  • Lot Features: Level
  • Lot Size Acres: 2.0
  • Lot Size Dimensions: 78,271
  • Number Of Units Total: 36
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: None Available
  • 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
  • Roof: Rubber
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: None
  • Cooling: Central Air
  • Heating: Forced Air, Electric Water Heater
  • Number Of Central Air Units: 36
  • Number Of Heating Units: 36
  • Number Of Water Heaters: 36
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $298,000
  • Gross Scheduled Income: $298,000
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $260,000
  • 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: Y
  • 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

Property History for 3100 Butler Street, Unit 1833

DateEvent & SourcePriceAppreciation
Sep 15, 2025

Pending

RMLS ALLIANCE #CA1037328

Sep 14, 2025

Price Change

RMLS ALLIANCE #CA1037328

$1,900,000
Jun 20, 2025

Listed (Active)

RMLS ALLIANCE #CA1037328

$2,340,000
DateEvent & SourcePrice
09/15/2025

Pending

RMLS ALLIANCE #CA1037328

09/14/2025

Price Change

RMLS ALLIANCE #CA1037328

$1,900,000
06/20/2025

Listed (Active)

RMLS ALLIANCE #CA1037328

$2,340,000

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

Schools near 3100 Butler Street, Unit 1833

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.

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Listing Courtesy of Wiese Properties Powered By Keller Williams

Based on information submitted to the MLS GRID as of 09/17/2025 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.