Last Sold Price
3,348 sqft$40/sqft
713 N 4th St, Springfield, IL 62702

Description

Conveniently located within walking distance to the medical district is where you will find this triplex with great cash flow. Main floor unit offers 1 bedroom, 1 bath, private laundry and currently rented on a month to month basis for $900 a month. Unit 2 is located on the 2nd floor and is a 2 bedroom, 1 bath and was previously rented for $900. Unit 3 is also on the 2nd floor and is a efficiency unit that previously rented for $750. Unit 2 and 3 share laundry. All these rents are under-rented and...Conveniently located within walking distance to the medical district is where you will find this triplex with great cash flow. Main floor unit offers 1 bedroom, 1 bath, private laundry and currently rented on a month to month basis for $900 a month. Unit 2 is located on the 2nd floor and is a 2 bedroom, 1 bath and was previously rented for $900. Unit 3 is also on the 2nd floor and is a efficiency unit that previously rented for $750. Unit 2 and 3 share laundry. All these rents are under-rented and could easily bring more income monthly. Electric, gas, water, sewer and lawn maintenance is paid for by seller and runs an average $729 a month. Renter is responsible for trash. Roof and gutters new in 2015, several new windows in 2018. Home was rewired and plumbed in 2006. All units also have updated kitchens.
LISTING CLOSED: 06/24/2024 12:00 AM

  1. Listed by Jami Winchester • The Real Estate Group, Inc.
    P: (217)-306-1000 C: (217)-306-1000 jamisellsrealestate@gmail.com

Property Details for 713 North 4th Street

Status
MLS #
CA1028443
Days on Market
40
Taxes
$2,798 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Residential Income
Year Built
1900
Lot Size
0.32 AC / 13,800 SF
Parking Total
4.0
Subdivision Name
None

Location

Listing Courtesy of The Real Estate Group, Inc.

Sold By The Real Estate Group, Inc.

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Building Information for 713 North 4th Street

Stories-Residences3Year Built1900Building Size-Lot Size0.32 AC / 13,800 SF

Payment Calculator

$919 per month

30 year fixed, 6.55% Interest

Principal and Interest

$686

Property Taxes

$233

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 713 North 4th Street

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: Carpenter To 4th Turn N To Home On West Side Of Street
  • Latitude: 39.809283
  • Longitude: -89.65084
  • MLSArea Minor: Springfield
  • Postal Code: 62702
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 14270159013
  • Tax Annual Amount: $2,798
  • Tax Legal Description: See tax records
  • Tax Year: 2022
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Other
Property
Lot Information
  • Structure Type: Two or More Story, Triplex
  • Building Area Total: 3348.0
  • Lot Features: Level
  • Lot Size Dimensions: 60 x 230
  • Number Of Units Total: 3
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Brick
  • 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
  • Roof: Shingle
  • Construction Materials: Brick
Interior Features
  • Basement: Unfinished
  • Heating: Heating Systems - 2+, Forced Air, Window Unit(s)
  • Laundry Features: Common Area, Private
  • Number Of Central Air Units: 0
  • Number Of Dryers: 2
  • Number Of Heating Units: 2
  • Number Of Ranges: 3
  • Numberof Refrigerators: 3
  • Number Of Washers: 2
  • Number Of Water Heaters: 2
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $398
  • Gross Income: $30,600
  • Gross Scheduled Income: $30,600
  • Insurance Expense: $1,500
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $25,573
  • Operating Expense: $2,229
  • Advertising Expense: 0
  • Gas Expense: 331
  • Misc Annual Income: 0
  • Trash Expense: $0
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: 2
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Rental
Rent Information
  • Tenant Pays: Trash Collection

Property History for 713 North 4th Street

DateEvent & SourcePriceAppreciation
Jun 24, 2024

Sold (Public Record)

Public Record #1535409641

$135,000

+3.5% / yr

Jun 24, 2024

Sold

RMLS ALLIANCE #CA1028443

$135,000
May 30, 2024

Pending

RMLS ALLIANCE #CA1028443

DateEvent & SourcePrice
06/24/2024

Sold (Public Record)

Public Record #1535409641

$135,000

+3.5% / yr

06/24/2024

Sold

RMLS ALLIANCE #CA1028443

$135,000
05/30/2024

Pending

RMLS ALLIANCE #CA1028443

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

Public Records for 713 North 4th Street

Taxable ValueLand$3,971Additions$45,801Total$49,772
Tax Record2025$3,544 ($295 / month)
Home Facts
Beds0Lot Size13,330 SqFtStyleSingle Family ResidenceCountySANGAMONAPN14-27.0-159-013

Schools near 713 North 4th 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
Mcclernand 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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Nearby home values

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 06/26/2024 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.