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Sold for $433,000 on 09/04/24
  • $433,000

    2851 Taylor Ave, Springfield, IL 62703

    11beds
    4baths
    8,500sqft
    Multi Family
    Built in 1978
    -- sqft lot
    $-- Zestimate®
    $51/sqft
    $1,059 Estimated rent

    What's special

    Here is a great opportunity to grab a well maintained 6 unit complex with SO MUCH VALUE TO ADD! Conveniently located to I55, south 6th street and Dirksen. This building has a full basement that could easily be finished into leasable storage space, or add two efficiency apartments with plumbing already in place! Bonus vacant land included, and this ~1.5 acre ground is the perfect space to expand the investment footprint. Build multiple additional complexes, or add storage units and maximize the possibilities! The current structure was completely updated in 2015 with all new wiring, plumbing, windows, roof and HVAC. Multiple units have seen cosmetic upgrades even since then, with fresh paint, fixtures, Luxury Vinyl Plank, etc. 4 of the 6 units are leased with extended commitments, one unit Month to month, and the 6th is primed for its next occupant who is actively being sought out. Don't miss the chance to add this property to your investment portfolio!

    Zillow last checked: 7 hours ago

    Listing updated: September 06, 2024 at 01:01pm

    Listed by:

    Joshua F Kruse Offc: 217-787-7000,

    The Real Estate Group, Inc.

    Bought with:

    Lisa A Haggerty

    Keller Williams Capital

    Source: RMLS Alliance,MLS#: CA1030068MLS LogoOriginating MLS: Capital Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 4
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater, Dishwasher, Range, Refrigerator, Water Heater
    • Laundry: Units Hook-Ups
    Features
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 8,500
    • Total interior livable area: 8,500 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Guest
    Accessibility
    • Accessibility features: Handicap Access, Main Level Entry
    Lot
    • Size: 2.10 Acres
    • Dimensions: 30,056 sq ft
    • Features: Extra Lot, Level
    Details
    • Additional parcels included: 2211.0251004 & 2211.0251003
    • Parcel number: 2211.0251005

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Wood Siding
    • Roof: Rubber,Shingle
    Condition
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Springfield
    • Subdivision: None

    Other

    Other facts
    • Road surface type: Paved
    Services availability
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    An equal housing lender. NMLS #10287.