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Sold for $505,000 on 08/02/23
  • $505,000

    862 Loraine Ave #1-8, Springfield, IL 62704

    4beds
    4baths
    6,000sqft
    Multi Family, Apartment
    Built in 1929
    -- sqft lot
    $556,700 Zestimate®
    $84/sqft
    $1,346 Estimated rent

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    $1,346/mo

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    $1,346/mo

    Rent Zestimate®

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    $3,409/mo

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    $3,409/mo

    Est. payment

    What's special

    Washington Park rentals - 8 (1bd-1ba) units in 2 buildings walking distance to the park. Long time tenants - teachers, residents, and nurses. All units have been updated as tenants have transitioned; kitchen, bath, appliances, flooring, etc.. 6 carports and 2 parking spots for residents. The original character of the property and units have been preserved; crown molding, hardwood floors, trim, window and door trim, etc.. Each unit has a separate dining room and screened in sunroom which makes these units very desirable for location and size. Laundry is provided in lower level of one of the buildings.

    Zillow last checked: 7 hours ago

    Listing updated: August 02, 2023 at 01:01pm

    Listed by:

    Jerry George Pref:217-638-1360,

    The Real Estate Group, Inc.

    Bought with:

    Megan M Pressnall, 475162500

    The Real Estate Group, Inc.

    Source: RMLS Alliance,MLS#: CA1022981MLS LogoOriginating MLS: Capital Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater, Dryer, Range, Refrigerator, Washer, Water Heater
    • Laundry: Common Area
    Features
    • Storage, High Speed Internet
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 6,000
    • Total interior livable area: 6,000 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport, Detached, On Street, Parking Pad
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Lot
    • Size: 0.51 Acres
    • Dimensions: 280 x 80
    • Features: Level
    Details
    • Additional parcels included: 14320427017
    • Parcel number: 14320427016

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Aluminum Siding
    • Foundation: Brick/Mortar, Concrete Perimeter
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1929

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Springfield
    • Subdivision: Washington Park

    Other

    Other facts
    • Road surface type: Paved