Independently appraised at current listing price which is firm. This is an incredible opportunity to take over a fully remodeled building that brings in $6200 income monthly through a single lessee. This 8 unit building includes 8 1 bed 1 bath apartments that all have matching finishes and fixtures! The exterior features updated windows, roof and siding, and stairs. The Main heating source is a rebuilt gravity furnace in basement along with 2 updated water heaters.
Sold for $395,000 on 08/28/24
$395,000
422 S Lincoln Ave, Springfield, IL 62704
4beds
4baths
4,200sqft
Multi Family, Apartment
Built in 1920
-- sqft lot
$418,000 Zestimate®
$94/sqft
$991 Estimated rent
Home value
$418,000
$380,000 - $460,000
$991/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 29, 2024 at 01:03pm
Listed by:
Jay Myers Pref:217-960-8605,
Real Broker, LLC
Bought with:
Julie Davis, 471011887
The Real Estate Group, Inc.
Source: RMLS Alliance,MLS#: CA1030612
Originating MLS: Capital Area Association of Realtors
Originating MLS: Capital Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Gravity
Appliances
- Included: Range, Refrigerator, Water Heater
- Laundry: None
Features
- Basement: Full
Interior area
- Total structure area: 4,200
- Total interior livable area: 4,200 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 3,750 sqft
- Dimensions: 50 x 75
- Features: Level
Details
- Parcel number: 1433.0105010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick Partial, Vinyl Siding
- Foundation: Block, Brick/Mortar
- Roof: Rubber,Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Springfield
- Subdivision: Springfield
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2024 | Sold | $395,000$94/sqft |
Source:  RMLS Alliance #CA1030612 | ||
| 7/22/2024 | Pending sale | $395,000$94/sqft |
Source: RMLS Alliance #CA1030612 | ||
| 7/21/2024 | Listed for sale | $395,000$94/sqft |
Source: RMLS Alliance #CA1030612 | ||
| 7/15/2024 | Listing removed | -- |
Source: RMLS Alliance #CA1029287 | ||
| 6/14/2024 | Price change | $395,000-9.2%$94/sqft |
Source: RMLS Alliance #CA1029287 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Historic West Side
Nearby schools
GreatSchools rating
- 3/10Dubois Elementary SchoolGrades: K-5Distance: 0.2 mi
- 2/10U S Grant Middle SchoolGrades: 6-8Distance: 0.6 mi
- 7/10Springfield High SchoolGrades: 9-12Distance: 0.6 mi
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