Grasp this opportunity to purchase 9 apartments and 4 commercial spaces with a massive parking lot! This building comes with plans and permits for removing balcony on front and sides as well as replacing rear balcony and stairs. Tons of updates both cosmetically and mechanically throughout! video tour available Each of the 4 commercial spaces is approximately 975 sqft on ground level! Seven of the apartments are approximately 590 sqft Six are located on top floor One is in lower level with egress. Two 2 bedroom apartments are approximately 902 sqft on lower level with egress. 8 apartments have in unit laundry hookups. The lot connecting to myrtle is also included.
Sold for $372,000 on 04/14/25
$372,000
118 W Laurel St, Springfield, IL 62704
3beds
2baths
7,800sqft
Multi Family, Apartment
Built in 1962
-- sqft lot
$385,200 Zestimate®
$48/sqft
$-- Estimated rent
Home value
$385,200
$362,000 - $408,000
Not available
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 25, 2025 at 01:02pm
Listed by:
Jay Myers Pref:217-502-9339,
Real Broker, LLC
Bought with:
Jerry George, 475159363
The Real Estate Group, Inc.
Source: RMLS Alliance,MLS#: CA1033043
Originating MLS: Capital Area Association of Realtors
Originating MLS: Capital Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Baseboard, Electric, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Range, Refrigerator, Water Heater
- Laundry: Units Hook-Ups
Features
- Storage
- Basement: Daylight,Egress Window(s),Partially Finished
Interior area
- Total structure area: 7,800
- Total interior livable area: 7,800 sqft
Property
Parking
- Total spaces: 34
- Parking features: Alley Access, Oversized, Parking Pad
- Has uncovered spaces: Yes
Lot
- Size: 0.33 Acres
- Dimensions: 87 x 167
- Features: Level
Details
- Additional parcels included: 2204.0254011
- Parcel number: 2204.0254010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
- Foundation: Block
- Roof: Rubber
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Springfield
- Subdivision: Springfield
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2025 | Sold | $372,000-5.6%$48/sqft |
Source:  RMLS Alliance #CA1033043 | ||
| 4/4/2025 | Pending sale | $394,000$51/sqft |
Source: RMLS Alliance #CA1033043 | ||
| 3/13/2025 | Price change | $394,000-1.3%$51/sqft |
Source: RMLS Alliance #CA1033043 | ||
| 1/28/2025 | Price change | $399,000-2.7%$51/sqft |
Source: RMLS Alliance #CA1033043 | ||
| 11/11/2024 | Listed for sale | $410,000$53/sqft |
Source: RMLS Alliance #CA1033043 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 62704
Nearby schools
GreatSchools rating
- 3/10Black Hawk Elementary SchoolGrades: K-5Distance: 0.7 mi
- 2/10Jefferson Middle SchoolGrades: 6-8Distance: 1.9 mi
- 2/10Springfield Southeast High SchoolGrades: 9-12Distance: 1.9 mi
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