Sold
Last Sold Price
18,036 sqft

430 W Hay St, Springfield, IL 62702

Multi FamilyProperty Type
1980Year Built
$24/sq ftPrice per sq ft

Description

Net income (NOI)= $62,500 w/ CAP Rate of 14. Very nicely cared for property in Medical District. All central air replaced 2014, 8 carport parking spots, retaining walls replaced, many newer appliances, 3 newer furnaces. 2 buildings w/ pride of ownership. Inspections welcome prior to making offer.Net income (NOI)= $62,500 w/ CAP Rate of 14. Very nicely cared for property in Medical District. All central air replaced 2014, 8 carport parking spots, retaining walls replaced, many newer appliances, 3 newer furnaces. 2 buildings w/ pride of ownership. Inspections welcome prior to making offer.
  • Listed by: Jim Fulgenzi 217.787.7215 jim@yourhome101.com • RE/MAX Professionals
Listing closed: 02/23/2017 12:00 AM • Source: RMLS ALLIANCE, MLS#: CA165113
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Location

Listing Courtesy of RE/MAX Professionals

Sold By RE/MAX Professionals

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$3,514 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,312

Property Taxes

$1,202

HOA Dues

$0

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Property Information for 430 West Hay Street

Property Details

  • Taxes: $14,427 / year
  • MLS Type: Residential Income / Residential Income
  • Parking Total: 25.0

Building Information

  • Year Built: 1980

Summary

Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: N on Walnut past Carpenter to R (east) on Hay St to 422 (It is marked as 43
  • Latitude: 39.811048
  • Longitude: -89.660093
  • MLSArea Minor: Springfield
  • Postal Code: 62702
  • State Or Province: IL
  • Zoning: COMMERCIAL
Taxes and HOA Information
  • Parcel Number: 14280254023
  • Tax Annual Amount: $14,427
  • Tax Legal Description: THE N 123.3' OF LOT 8, LOT 7 EX THE S 45' OF THE W8' & LOT 6 OF J R TYSONS ADDN
  • Tax Year: 2015
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Carport, On Street

Property

Lot Information
  • Structure Type: Apartment Building
  • Building Area Total: 18036.0
  • Lot Size Dimensions: 48x123.03x72x168.30
Property and Assessments
  • Year Built: 1980
Utilities
  • Water Sewer Expense: $3,200
  • Water Source: Public Sewer, Public

Interior and Exterior Features

Exterior Features
  • Lawn Snow Removal: 0
  • Construction Materials: Brick, Vinyl Siding
Interior Features
  • Basement: Block, Concrete, None
  • Heating: Electric, Forced Air, Central, Window Unit(s)
  • Interior Features: Cable Available
  • Number Of Central Air Units: 7
  • Number Of Dryers: 2
  • Number Of Ranges: 19
  • Numberof Refrigerators: 19
  • Number Of Washers: 1
  • Number Of Window Units: 6
  • Unit Entry Level: ***

Multi Family

Income & Expenses
  • Electric Expense: $3,580
  • Gross Income: $96,480
  • Insurance Expense: $4,000
  • Maintenance Expense: $8,700
  • Manager Expense: $0
  • Net Operating Income: $62,573
  • Operating Expense: $33,907
  • Gas Expense: 0
  • Trash Expense: $0
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 430 West Hay Street

DateEvent & SourcePriceAppreciation
Feb 23, 2017

Sold

RMLS ALLIANCE #CA165113

$433,000—
Jan 18, 2017

Pending

RMLS ALLIANCE #CA165113

—
Aug 11, 2016

Listed (Active)

RMLS ALLIANCE #CA165113

$454,000—
DateEvent & SourcePrice
02/23/2017

Sold

RMLS ALLIANCE #CA165113

$433,000
01/18/2017

Pending

RMLS ALLIANCE #CA165113

—
08/11/2016

Listed (Active)

RMLS ALLIANCE #CA165113

$454,000

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

Schools near 430 West Hay Street

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
Enos Elementary School
PublicK to 5

U S Grant Middle School
Public6 to 8

Lanphier 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 RE/MAX Professionals

Based on information submitted to the MLS GRID as of 10/05/2022 10:44 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.