509 W Washington St

—
Baths
3,360 Sq. Ft.
$85 / Sq. Ft.
3,360
Sq. Ft.
$85
per Sq. Ft.

Description

Investor Alert Property consists of 2 duplexes (4 units). All units are 2 bed/1 bath each. 509: 1560 SF, 780 SF bsmt. 525: 1800SF, 900 SF bsmt. Property has excellent access to downtown and amenities. Units have been updated and are NICE! Extra lots too! Great views of State Capital Building & Downtown Springfield makes AirBNB a great option here too! Amazing investment!Investor Alert Property consists of 2 duplexes (4 units). All units are 2 bed/1 bath each. 509: 1560 SF, 780 SF bsmt. 525: 1800SF, 900 SF bsmt. Property has excellent access to downtown and amenities. Units have been updated and are NICE! Extra lots too! Great views of State Capital Building & Downtown Springfield makes AirBNB a great option here too! Amazing investment!
  1. Listed by Joseph Tetzlaff • RE/MAX Professionals
    P: (217)-416-3481 C: (217)-416-3481 joe@talktojoe.com

Property Details for 509 West Washington Street

Parking Total
20.0
Subdivision Name
None
LISTING CLOSED: 01/10/2024 12:00 AM

Property Details for 509 West Washington Street

StatusSold
MLS #CA1023571
Days on Market42
Taxes$7,668 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1957
Lot Size0.52 AC / 22,781 SF
CountySangamon County

Location

Listing Courtesy of RE/MAX Professionals

Sold By OUT OF AREA FIRM

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Building Information for 509 West Washington Street

Stories-Residences4Year Built1957Building Size-Lot Size0.52 AC / 22,781 SF

Payment Calculator

$2,059 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,420

Property Taxes

$639

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 509 West Washington Street

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: north side of Springfield High School
  • Latitude: 39.801886
  • Longitude: -89.660603
  • MLSArea Minor: Springfield
  • Postal Code: 62704
  • State Or Province: IL
Taxes and HOA Information
  • Additional Parcels Description: 14280456039, 14280456044, 14280456045, 142804560456
  • Parcel Number: 14280456051
  • Tax Annual Amount: $7,668
  • Tax Legal Description: As Recorded
  • Tax Year: 2022
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Assigned, Guest Parking, Oversized
Property
Lot Information
  • Structure Type: Duplex
  • Building Area Total: 3360.0
  • Lot Features: Corner Lot, Extra Lot, Other
  • Lot Size Acres: 0.523
  • Lot Size Dimensions: irregular
  • Number Of Units Total: 4
  • 100 Year Plain: Unknown
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: Aerial Photos
  • Foundation Details: Block, Brick
  • New Construction: No
  • Year Built: 1957
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 4
  • Number Of Gas Meters: 2
  • Numberof Water Meters: 2
  • Water Sewer Expense: $1,080
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: Crawl Space, Full
  • Heating: Forced Air, Gas, Central Air
  • Laundry Features: Common Area
  • Number Of Central Air Units: 2
  • Number Of Dishwashers: 0
  • Number Of Dryers: 0
  • Number Of Heating Units: 4
  • Number Of Ranges: 4
  • Numberof Refrigerators: 4
  • Number Of Washers: 0
  • Number Of Water Heaters: 4
  • Number Of Window Units: 0
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $45,600
  • Gross Scheduled Income: $45,600
  • Insurance Expense: $2,076
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $34,356
  • Operating Expense: $3,576
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $420
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 4
  • Number Uncovered: 4
  • 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: 4
  • Number Uncovered: 4
  • 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: 4
  • Number Uncovered: 4
  • 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: 4
  • Number Uncovered: 4
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Lease Term: Variable

Property History for 509 West Washington Street

DateEvent & SourcePriceAppreciation
Jan 10, 2024

Sold

RMLS ALLIANCE #CA1023571

$285,000—
Nov 8, 2023

Pending

RMLS ALLIANCE #CA1023571

—
Jul 20, 2023

Listed (Active)

RMLS ALLIANCE #CA1023571

$300,000—
DateEvent & SourcePrice
01/10/2024

Sold

RMLS ALLIANCE #CA1023571

$285,000
11/08/2023

Pending

RMLS ALLIANCE #CA1023571

—
07/20/2023

Listed (Active)

RMLS ALLIANCE #CA1023571

$300,000

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

Public Records for 509 West Washington Street

Taxable ValueLand-Additions-Total-
Home Facts
Lot Size5,924 SqFtStyleGovernmental / Public UseCountySANGAMONAPN14-28.0-456-039

Schools near 509 West Washington 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
Elizabeth Graham 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.

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AddressSold priceBedsBathsSqftLot AC
$235,000
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$100,000
–
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0.16
$200,000
–
–
–
0.41
–
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–
–
–
0.25

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 01/12/2024 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.