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Sold for $440,000 on 09/27/24
    • $440,000

    1425 S Macarthur Blvd, Springfield, IL 62704

    8beds
    4baths
    5,700sqft
    Multi Family
    Built in ----
    -- sqft lot
    $463,100 Zestimate®
    $77/sqft
    $1,009 Estimated rent

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    What's special

    Mixed use commercial/residential consisting of 3 buildings/1 dental office & 6 residential units with 1 additional room & 1/2 bath rented for storage by current tenant. 4th parcel is the parking lot with 21 spaces used by all tenants. Dental office has handicap accessible ramp for main level only. Total Gross receivables $72,000/year current expenses $16,846 for net of $55,153 income. See attached update/info sheet. Owner pays water/sewer for 1425 MacArthur & garbage service. Tenants pay electric/gas/water/sewer for all units (except water/sewer for 1425)

    Zillow last checked: 7 hours ago

    Listing updated: September 28, 2024 at 01:01pm

    Listed by:

    Nancy L Long Pref:217-306-2365,

    The Real Estate Group, Inc.

    Bought with:

    Mary Jo Welch, 475124977

    RE/MAX Professionals

    Source: RMLS Alliance,MLS#: CA1031110MLS LogoOriginating MLS: Capital Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Refrigerator, Water Heater
    • Laundry: None
    Features
    • High Speed Internet
    • Basement: Full
    Interior area
    • Total structure area: 5,700
    • Total interior livable area: 5,700 sqft

    Property

    Parking
    • Total spaces: 29
    Accessibility
    • Accessibility features: Handicap Access
    Lot
    • Features: Corner Lot, Level
    Details
    • Additional parcels included: 22050229033,034,035
    • Parcel number: 22050229036
    • Zoning description: mixed

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Vinyl Siding
    • Foundation: Brick/Mortar, Concrete Perimeter
    • Roof: Composition,Shingle
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Springfield
    • Subdivision: None

    Other

    Other facts
    • Road surface type: Paved

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