Sold
Last Sold Price
1,611 sqft$61/sqft
514 W Allen St, Springfield, IL 62704
Multi FamilyProperty Type
6,800 sq ftLot Size
1910Year Built
$61/sq ftPrice per sq ft

Description

Don't miss out on this maintenance free exterior triplex with great cash flow. Some roofing is newer, original hardwood has been refinished and has 1 long term tenant. Apt 1 newly painted and new ceiling fans. Square feet believed to be accurate but not warranted. Buy 514 W Allen with others as a package deal. Selling AS-IS Property back on market, was under contract part of a package sale untill buyer terminated due to personal issues. Can be purchased as a package with 1129 S Spring Street, 830...Don't miss out on this maintenance free exterior triplex with great cash flow. Some roofing is newer, original hardwood has been refinished and has 1 long term tenant. Apt 1 newly painted and new ceiling fans. Square feet believed to be accurate but not warranted. Buy 514 W Allen with others as a package deal. Selling AS-IS Property back on market, was under contract part of a package sale untill buyer terminated due to personal issues. Can be purchased as a package with 1129 S Spring Street, 830 W Jefferson Street, 317 S State Street, 318 S State & 155 MacArthur Blvd Selling AS-IS.
  • Listed by: Edward Bowen 217.414.3509 ed@edshouses.com • Keller Williams Capital
Listing closed: 05/16/2025 12:00 AM • Source: RMLS ALLIANCE, MLS#: CA1031380

Recent comparable sales

Median sold price

$82,500

Avg days on market

37

Sale-to-list ratio

88.7%

Springfield, IL

9 comparable properties found

$105,000 | 1901 South Spring Street, Springfield, IL 62704
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1

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Unavailable
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Square Feet
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$110,000 | 935 West Washington Street, Springfield, IL 62702
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$78,000 | 830 West Jefferson Street, Springfield, IL 62702
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Sold 02/25/26

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$94,900 | 2700 South State Street, Springfield, IL 62704
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$82,000 | 526 South Grand Avenue West, Springfield, IL 62704
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Unavailable
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Square Feet
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Acres
$70,000 | 822 West Washington Street, Springfield, IL 62704
1/24
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Unavailable
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Unavailable
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Square Feet
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Acres
$82,500 | 1453 North 3rd Street, Springfield, IL 62702
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$82,500

Sold 01/13/26

Unavailable
Bedrooms
Unavailable
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Square Feet
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Acres
$68,000 | 1801 South 1st Street, Springfield, IL 62704
1/12
8

$68,000

Sold 04/10/26

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
0.12
Acres
$115,000 | 312 West Ash Street, Springfield, IL 62704
1/31
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Sold 01/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,288
Square Feet
0.05
Acres

Location

Listing Courtesy of Keller Williams Capital

Sold By Non-MLS

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$696 per month

30 year fixed, 6.55% Interest

Principal and Interest

$498

Property Taxes

$198

HOA Dues

$0

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Property Information for 514 West Allen Street

Property Details
  • Taxes: $2,373 / year
  • MLS Type: Residential Income / Residential Income
  • Parking Total: 2.0
  • Subdivision Name: None
Building Information
  • Residences: 3
  • Year Built: 1910
  • Lot Size: 0.16 AC / 6,800 SF
Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: From South Grand go north on Walnut, right on Allen, home on right
  • Latitude: 39.789303
  • Longitude: -89.661945
  • MLSArea Minor: Springfield
  • Postal Code: 62704
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 14330453015
  • Tax Annual Amount: $2,373
  • Tax Legal Description: See county records
  • Tax Year: 2023
School Information
  • High School: Springfield
Parking
  • Parking Features: Alley Access
Property
Lot Information
  • Structure Type: Triplex
  • Building Area Total: 1611.0
  • Lot Features: Level
  • Lot Size Dimensions: 40 X 170
  • Number Of Units Total: 3
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Brick/Mortar
  • New Construction: No
  • Year Built: 1910
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 4
  • Number Of Gas Meters: 3
  • Numberof Water Meters: 1
  • Water Sewer Expense: $705
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Lawn Snow Removal: 900
  • Roof: Shingle
  • Construction Materials: Aluminum Siding
Interior Features
  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Interior Features: Cable Available
  • Number Of Central Air Units: 0
  • Number Of Dryers: 1
  • Number Of Heating Units: 3
  • Number Of Ranges: 3
  • Numberof Refrigerators: 3
  • Number Of Washers: 1
  • Number Of Water Heaters: 3
  • Number Of Window Units: 3
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $1,007
  • Gross Income: $23,280
  • Gross Scheduled Income: $23,280
  • Insurance Expense: $687
  • Maintenance Expense: $545
  • Manager Expense: $0
  • Net Operating Income: $16,703
  • Operating Expense: $4,204
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $360
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Parking: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3

Property History for 514 West Allen Street

DateEvent & SourcePriceAppreciation
May 16, 2025

Sold

RMLS ALLIANCE #CA1031380

$98,000
Apr 25, 2025

Sold (Public Record)

Public Record #1558525865

$98,000

+4.9% / yr

Apr 10, 2025

Pending

RMLS ALLIANCE #CA1031380

DateEvent & SourcePrice
05/16/2025

Sold

RMLS ALLIANCE #CA1031380

$98,000
04/25/2025

Sold (Public Record)

Public Record #1558525865

$98,000

+4.9% / yr

04/10/2025

Pending

RMLS ALLIANCE #CA1031380

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

Public Records for 514 West Allen Street

Taxable ValueLand$5,881Additions$25,622Total$31,503
Tax Record2025$2,551 ($213 / month)
Home Facts
Beds0Lot Size6,905 SqFtStyleSingle Family ResidenceCountySANGAMONAPN14-33.0-453-015

Schools near 514 West Allen 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 - 9 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

Lawrence Education Center
Public9 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 Keller Williams Capital

Based on information submitted to the MLS GRID as of 05/19/2025 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.