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Sold for $175,500 on 09/29/25
  • $175,500

    700 & 702 W Fayette Ave, Springfield, IL 62704

    6beds
    2baths
    2,688sqft
    Multi Family
    Built in ----
    -- sqft lot
    $176,100 Zestimate®
    $65/sqft
    $-- Estimated rent

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    What's special

    Classic, well-built duplex located on Springfield's desirable west side, just one block from beautiful Washington Park. This property showcases timeless old-world craftsmanship, featuring tall ceilings, hardwood floors, detailed moldings, and abundant natural light throughout. Each spacious unit offers 3 bedrooms, 1 full bath, a comfortable living room, formal dining room, and functional kitchen, plus a full basement and walk-up attic providing excellent storage or potential expansion space. Currently rented at $900 per side with six months remaining on the leases, tenants are responsible for all utilities, including gas, electric, water, sewer, and trash (forced air heat and centrial air). with its prime location and strong rental demand, the property has potential to command higher rents in the $1,000-$1,1000 per month range. A great opportunity for investors seeking reliable cash flow, long term-appreciation, or even an owner-occupant looking to offset housing costs. Selling AS-IS. Neighboring duplex is also for sale and is identical to this one. Garage has no value and is of little use. Photos are of unit #704, all other units are similar. Each apartment is 1344 sqft and 686 in an unfinished basement, plus added attic storage.

    Zillow last checked: 8 hours ago

    Listing updated: September 29, 2025 at 12:55pm

    Listed by:

    Jim Fulgenzi Mobl:217-341-5393,

    RE/MAX Professionals

    Bought with:

    Kyle T Killebrew, 475109198

    The Real Estate Group, Inc.

    Source: RMLS Alliance,MLS#: CA1038544MLS LogoOriginating MLS: Capital Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Water Heater
    Features
    • Basement: Full
    Interior area
    • Total structure area: 2,688
    • Total interior livable area: 2,688 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 5,280 sqft
    • Dimensions: 40 x 132
    • Features: Level
    Details
    • Parcel number: 1433.0332021

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Brick/Mortar
    • Roof: 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