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Sold for $80,000 on 07/31/23
  • $80,000

    1307 N Ledlie Ave, Springfield, IL 62702

    2beds
    2baths
    1,299sqft
    Multi Family
    Built in 1905
    -- sqft lot
    $-- Zestimate®
    $62/sqft
    $1,082 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,082/mo

    Zestimate® history
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    $1,082/mo

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    $466/mo

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    $466/mo

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    What's special

    Looking for a great investment property in Springfield, Illinois? Look no further than this fantastic duplex at 1307 Ledlie. This property offers two units, each with one bedroom and one bathroom, making it an ideal investment for anyone looking to grow their portfolio. The upper level unit currently rents for $663 per month, while the lower level unit rents for $642 per month, providing a total monthly rental income of $1,305. Both units are currently occupied by Section 8 tenants, providing the added benefit of guaranteed rental income and reduced vacancy risk. As the owner, you will be responsible for paying for water, garbage, and mowing, making it a hassle-free investment opportunity. This property is also located in a desirable area of Springfield, close to local ammonites and transportation options. Overall, this duplex at 1307 Ledlie is a great investment property that offers steady rental income and minimal upkeep. Don't miss out on this opportunity to add a valuable asset to your investment portfolio.

    Zillow last checked: 8 hours ago

    Listing updated: August 04, 2023 at 01:35pm

    Listed by:

    Jerry George Pref:217-638-1360,

    The Real Estate Group, Inc.

    Bought with:

    Jerry George, 475159363

    The Real Estate Group, Inc.

    Source: RMLS Alliance,MLS#: CA1021037MLS LogoOriginating MLS: Capital Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Refrigerator, Water Heater
    • Laundry: Units Hook-Ups
    Features
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 1,299
    • Total interior livable area: 1,299 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    Lot
    • Size: 6,880 sqft
    • Dimensions: 172 x 40
    • Features: Level
    Details
    • Parcel number: 1421.0477023

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Brick/Mortar
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Springfield
    • Subdivision: None

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/31/2023Sold$80,000-18.4%$62/sqft
    Source: RMLS Alliance #CA1021037
    6/5/2023Listed for sale$98,000$75/sqft
    Source: RMLS Alliance #CA1021037
    4/17/2023Pending sale$98,000$75/sqft
    Source: RMLS Alliance #CA1021037
    4/8/2023Price change$98,000-1%$75/sqft
    Source: RMLS Alliance #CA1021037
    3/17/2023Listed for sale$99,000+120%$76/sqft
    Source: RMLS Alliance #CA1021037

    Public tax history

    YearProperty taxesTax assessment
    2015$1,740 +5.9%$20,818 +0.6%
    2014$1,642 +2.3%$20,684 +4.4%
    2013$1,606 +2%$19,819

    Find assessor info on the county website

    Neighborhood: Oak Ridge

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Lanphier High School

    Source: RMLS Alliance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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