Sold
Last Sold Price
4 beds48,470 sqft$99/sqft
909 Chatham Rd, Springfield, IL 62704
Multi FamilyProperty Type
1949Year Built
$99/sq ftPrice per sq ft

Description

Multiple apartment buildings. 62 units total. 8 are one bedroom units and the rest are 2 bedrooms. All tenants pay their own utilities.Multiple apartment buildings. 62 units total. 8 are one bedroom units and the rest are 2 bedrooms. All tenants pay their own utilities.
  • Listed by: Kyle Killebrew 217.741.4040 kyle@kylesells.com • The Real Estate Group
Listing closed: 12/17/2021 12:00 AM • Source: RMLS ALLIANCE, MLS#: CA1010522

Location

Listing Courtesy of The Real Estate Group

Sold By The Real Estate Group

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Payment Calculator

$29,252 per month

30 year fixed, 6.55% Interest

Principal and Interest

$24,398

Property Taxes

$4,854

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 909 Chatham Road

Property Details
  • Taxes: $58,245 / year
  • MLS Type: Residential Income / Residential Income
  • Parking Total: 62.0
  • Subdivision Name: None
Building Information
  • Residences: 62
  • Year Built: 1949
Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: West Side of Chatham Rd Between Lawrence and Parkview
  • Latitude: 39.792132
  • Longitude: -89.687787
  • MLSArea Minor: Springfield
  • Postal Code: 62704
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 14-32.0-304-028
  • Tax Exemptions: None
  • Tax Annual Amount: $58,245
  • Tax Legal Description: E Pt Nw Sw 32-16-5
  • Tax Year: 2020
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Attached, Detached
Property
Lot Information
  • Structure Type: Apartment Building
  • Building Area Total: 48470.0
  • Lot Features: Level
  • Lot Size Dimensions: Irreg.
  • Number Of Units Total: 62
  • 100 Year Plain: Unknown
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: Legal Description
  • New Construction: No
  • Year Built: 1949
  • Year Built Source: Unable to Verify Actual Age
Utilities
  • Number Of Electric Meters: 62
  • Number Of Gas Meters: 62
  • Numberof Water Meters: 62
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Brick
Interior Features
  • Basement: None
  • Heating: Forced Air, Gas, Central
  • Interior Features: Cable Available
  • Laundry Features: Owned Equipment
  • Number Of Central Air Units: 62
  • Number Of Dishwashers: 0
  • Number Of Dryers: 56
  • Number Of Heating Units: 62
  • Number Of Ranges: 62
  • Numberof Refrigerators: 62
  • Number Of Washers: 56
  • Number Of Water Heaters: 62
  • Number Of Window Units: 0
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $14,496
  • Gross Income: $582,903
  • Insurance Expense: $26,722
  • Maintenance Expense: $50,000
  • Manager Expense: $30,000
  • Net Operating Income: $419,685
  • Operating Expense: $163,218
  • Advertising Expense: 0
  • Gas Expense: 42000
  • Misc Annual Income: 582903
  • Trash Expense: $0
Unit 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Tenant Pays: All Utilities

Property History for 909 Chatham Road

DateEvent & SourcePriceAppreciation
Dec 17, 2021

Sold (Public Record)

Public Record #1480288702

$4,800,000
Dec 17, 2021

Sold

RMLS ALLIANCE #CA1010522

$4,800,000
Oct 11, 2021

Pending

RMLS ALLIANCE #CA1010522

DateEvent & SourcePrice
12/17/2021

Sold (Public Record)

Public Record #1480288702

$4,800,000
12/17/2021

Sold

RMLS ALLIANCE #CA1010522

$4,800,000
10/11/2021

Pending

RMLS ALLIANCE #CA1010522

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

Public Records for 909 Chatham Road

Taxable ValueLand$208,989Additions$1,114,660Total$1,323,649
Tax Record2025$107,168 ($8,931 / month)
Home Facts
Lot Size224,877 SqFtStyleMiscellaneous CommercialCountySANGAMONAPN14-32.0-304-028

Schools near 909 Chatham Road

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
Owen Marsh 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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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

Based on information submitted to the MLS GRID as of 12/18/2021 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.