541 E Black Ave

—
Baths
15,054 Sq. Ft.
$22 / Sq. Ft.
15,054
Sq. Ft.
$22
per Sq. Ft.

Description

Imagine the possibilities! This approx 15,000 sqft historic building is the birthplace of Marjorie Merriweather Post and was formerly used for over 100 years by The Kings Daughters Organization as a ladies dormitory. The building has 26 studio units (approx 538 sqft each) with full baths, a common area, a communal commercial kitchen, partial basement and elevator. 1.8 acre lot overlooks the Lincoln Park area neighborhood. Great proximity to downtown, the hospitals, the Brinkerhoff and Benedictine/Ursuline...Imagine the possibilities! This approx 15,000 sqft historic building is the birthplace of Marjorie Merriweather Post and was formerly used for over 100 years by The Kings Daughters Organization as a ladies dormitory. The building has 26 studio units (approx 538 sqft each) with full baths, a common area, a communal commercial kitchen, partial basement and elevator. 1.8 acre lot overlooks the Lincoln Park area neighborhood. Great proximity to downtown, the hospitals, the Brinkerhoff and Benedictine/Ursuline complex. New roof in 2022/23. Zoned R-3B.
  1. Listed by Roni Mohan • RE/MAX Professionals

Property Details for 541 East Black Avenue

Parking Total
10.0
Subdivision Name
None
LISTING UPDATED: 01/29/2026 01:27 PM

Property Details for 541 East Black Avenue

StatusSold
MLS #CA1033618
Days on Market147
Taxes$13,218 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1900
Lot Size1.80 AC / 78,408 SF
CountySangamon County

Location

Listing Courtesy of RE/MAX Professionals

Sold By RE/MAX Professionals

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Building Information for 541 East Black Avenue

Stories-Residences26Year Built1900Building Size-Lot Size1.80 AC / 78,408 SF

Payment Calculator

$2,747 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,646

Property Taxes

$1,102

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 541 East Black Avenue

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: Black Avenue between North 5th Street and North 7th Street
  • Latitude: 39.822603
  • Longitude: -89.647708
  • MLSArea Minor: Springfield
  • Postal Code: 61702
  • State Or Province: IL
  • Zoning: R-3B
Taxes and HOA Information
  • Parcel Number: 14-22.0-326-065
  • Tax Annual Amount: $13,218
  • Tax Legal Description: See title records
  • Tax Year: 2023
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Detached, Guest, Parking Pad
Property
Lot Information
  • Structure Type: Two or More Story
  • Accessibility Features: Wide Doorways, Wide Hallways
  • Building Area Total: 15054.0
  • Lot Features: Level, Sloped
  • Lot Size Acres: 1.8
  • Lot Size Dimensions: irregular
  • Number Of Units Total: 26
  • 100 Year Plain: Unknown
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: Aerial Photos,Other
  • Foundation Details: Block, Brick/Mortar
  • New Construction: No
  • Year Built: 1900
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 1
  • Number Of Gas Meters: 1
  • Numberof Water Meters: 1
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Rec Area
  • Roof: Composition, Other, Shingle
  • Construction Materials: Wood Siding
Interior Features
  • Basement: Partial
  • Cooling: Central Air
  • Heating: Forced Air, None
  • Interior Features: Elevator, Recreation Room
  • Laundry Features: Common Area
  • Number Of Central Air Units: 0
  • Number Of Heating Units: 0
  • Number Of Water Heaters: 0
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $0
  • Insurance Expense: $1
  • Maintenance Expense: $0
  • Manager Expense: $1
  • Net Operating Income: $-13,220
  • Operating Expense: $2
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 26
  • Half Baths: 1
  • Number Covered: 0
  • Number Parking: 10
  • Number Uncovered: 10
  • Unit Type Beds Total: 26
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 0
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2

Property History for 541 East Black Avenue

DateEvent & SourcePriceAppreciation
Jan 29, 2026

Sold

RMLS ALLIANCE #CA1033618

$337,700—
Jan 22, 2026

Sold (Public Record)

Public Record #1928076570

$338,000

+5.4% / yr

Dec 18, 2025

Temporarily Off Market

MRED #1033618

—
Dec 17, 2025

Price Change

MRED #1033618

$399,000—
Aug 26, 2025

Pending

RMLS ALLIANCE #CA1033618

—
Aug 26, 2025

Pending

MRED #1033618

—
Aug 25, 2025

Price Change

RMLS ALLIANCE #CA1033618

$399,000—
Dec 18, 2024

Listed (Active)

RMLS ALLIANCE #CA1033618

$499,000—
Dec 18, 2024

Listed (Active)

MRED #1033618

$499,000—
Jun 16, 2021

Sold (Public Record)

Public Record #1492978673

$265,000—
DateEvent & SourcePrice
01/29/2026

Sold

RMLS ALLIANCE #CA1033618

$337,700
01/22/2026

Sold (Public Record)

Public Record #1928076570

$338,000

+5.4% / yr

12/18/2025

Temporarily Off Market

MRED #1033618

—
12/17/2025

Price Change

MRED #1033618

$399,000
08/26/2025

Pending

RMLS ALLIANCE #CA1033618

—
08/26/2025

Pending

MRED #1033618

—
08/25/2025

Price Change

RMLS ALLIANCE #CA1033618

$399,000
12/18/2024

Listed (Active)

RMLS ALLIANCE #CA1033618

$499,000
12/18/2024

Listed (Active)

MRED #1033618

$499,000
06/16/2021

Sold (Public Record)

Public Record #1492978673

$265,000

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

Public Records for 541 East Black Avenue

Taxable ValueLand$37,610Additions$126,065Total$163,675
Tax Record2024$13,748 ($1,146 / month)
Home Facts
Lot Size77,912 SqFtStyleMiscellaneous CommercialCountySANGAMONAPN14-22.0-326-065

Schools near 541 East Black Avenue

This home is within Springfield School District 186.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Ridgely Elementary School
PublicPK to 5

Washington 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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. 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 01/29/2026 01:27 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.