Sold
Last Sold Price
3,920 sqft

417 W Capitol Ave, Springfield, IL 62704

Multi FamilyProperty Type
0.15 acresLot Size
1930Year Built
$46/sq ftPrice per sq ft

Description

Awesome opportunity to own this income property! The building is fully occupied. Tenants in Apt 2 and 4 are long term tenants for over 10 years. New roof in 2020 and new AC in unit 1 in 2020. Owner pays water/sewer and trash. Units layout make it easy to convert into 2 bed 1 bath units. Owner paid common area electric, and water/sewer- total for 2021 was $1,320.Awesome opportunity to own this income property! The building is fully occupied. Tenants in Apt 2 and 4 are long term tenants for over 10 years. New roof in 2020 and new AC in unit 1 in 2020. Owner pays water/sewer and trash. Units layout make it easy to convert into 2 bed 1 bath units. Owner paid common area electric, and water/sewer- total for 2021 was $1,320.
  • Listed by: KC Sullivan 217.416.3681 kcsullivan@thegroup.com • The Real Estate Group, Inc.
Listing closed: 12/08/2022 12:00 AM • Source: RMLS ALLIANCE, MLS#: CA1017575
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Location

Listing Courtesy of The Real Estate Group, Inc.

Sold By Coldwell Banker Springfield

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Payment Calculator

$1,260 per month

30 year fixed, 7.03% Interest

Principal and Interest

$961

Property Taxes

$299

HOA Dues

$0

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Property Information for 417 West Capitol Avenue

Property Details

  • Taxes: $3,584 / year
  • MLS Type: Residential Income / Residential Income
  • Parking Total: 6.0
  • Subdivision Name: None

Building Information

  • Residences: 4
  • Year Built: 1930
  • Lot Size: 0.15 AC / 6,333 SF

Summary

Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: S Walnut, right on Capitol.
  • Latitude: 39.798767
  • Longitude: -89.659272
  • MLSArea Minor: Springfield
  • Postal Code: 62704
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 14-33.0-207-014
  • Tax Annual Amount: $3,584
  • Tax Legal Description: L 12 B 3 THOS LEWIS 3RD ADDN
  • Tax Year: 2021
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Parking Pad
Virtual Tour

Property

Lot Information
  • Structure Type: Two or More Story
  • Building Area Total: 3920.0
  • Lot Features: Level
  • Lot Size Dimensions: 40x158.33
  • Number Of Units Total: 4
  • 100 Year Plain: Unknown
Property and Assessments
  • Documents Available: None Available
  • New Construction: No
  • Year Built: 1930
Utilities
  • Number Of Electric Meters: 5
  • Number Of Gas Meters: 4
  • Numberof Water Meters: 1
  • Water Sewer Expense: $1,320
  • Water Source: Public Sewer, Public

Interior and Exterior Features

Exterior Features
  • Lawn Snow Removal: 500
  • Roof: Shingle
  • Construction Materials: Brick
Interior Features
  • Basement: Full
  • Heating: Forced Air, Central
  • Laundry Features: Private
  • Number Of Central Air Units: 4
  • Number Of Heating Units: 4
  • Number Of Water Heaters: 4
  • Operating Recording Device: None

Multi Family

Income & Expenses
  • Electric Expense: $0
  • Gross Income: $29,100
  • Gross Scheduled Income: $29,100
  • Insurance Expense: $937
  • Maintenance Expense: $1,400
  • Manager Expense: $2,182
  • Net Operating Income: $18,097
  • Operating Expense: $7,419
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $1,080
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: 1
  • 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: 1
  • Unit Type Type: Unit 4

Property History for 417 West Capitol Avenue

DateEvent & SourcePriceAppreciation
Dec 8, 2022

Sold (Public Record)

Public Record #1503165908

$180,000

+67.2% / yr

Dec 8, 2022

Sold

RMLS ALLIANCE #CA1017575

$180,000—
Nov 4, 2022

Pending

RMLS ALLIANCE #CA1017575

—
DateEvent & SourcePrice
12/08/2022

Sold (Public Record)

Public Record #1503165908

$180,000

+67.2% / yr

12/08/2022

Sold

RMLS ALLIANCE #CA1017575

$180,000
11/04/2022

Pending

RMLS ALLIANCE #CA1017575

—

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

Public records

417 West Capitol Avenue

Beds

0

Lot Size

6,392 SqFt

Style

Single Family Residence

County

SANGAMON

APN

14-33.0-207-014

Schools near 417 West Capitol 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
Elizabeth Graham Elementary School
PublicK to 5

Benjamin Franklin 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 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 01/12/2023 03:08 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.