507 Washington Street

Pawnee, IL 62558

$399,900
Price
Beds
5,600 Sq. Ft.
$71 / Sq. Ft.
5,600
Sq. Ft.
$71
per Sq. Ft.

Description

Great investment property! This all brick townhouse style 4 plex and side by side duplex sit on one lot! Both buildings feature 2 bed 1 bath units and are fully rented. Most windows have been replaced in recent years. Owner pays for water and trash, tenants pay for electric.Great investment property! This all brick townhouse style 4 plex and side by side duplex sit on one lot! Both buildings feature 2 bed 1 bath units and are fully rented. Most windows have been replaced in recent years. Owner pays for water and trash, tenants pay for electric.
  1. Listed by Dominic Campo • Campo Realty, Inc. • Office: 217-625-4663

Property Details for 507 Washington Street

Parking Total
12.0
Subdivision Name
None
LISTING UPDATED: 10/01/2024 03:01 PM

Property Details for 507 Washington Street

StatusActive
MLS #CA1024909
Days on Market430
Taxes$7,190 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built-
Lot Size0.36 AC / 15,755 SF
CountySangamon County

Building Information for 507 Washington Street

Stories-Residences6Year Built-Building Size-Lot Size0.36 AC / 15,755 SF

Property Information for 507 Washington Street

Summary
Location and General Information
  • City: Pawnee
  • County Or Parish: Sangamon
  • Directions: Rt 104 to S. on 8th St to E on Washington St.
  • Latitude: 39.589901
  • Longitude: -89.579821
  • MLSArea Minor: Divernon, Glenarm, Pawnee, Etc
  • Postal Code: 62558
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 36-07.0-263-011
  • Tax Annual Amount: $7,190
  • Tax Legal Description: E 116' L 46 W. R. Lockridge Addn To Sub Pt 7-13-4
  • Tax Year: 2022
School Information
  • High School: Pawnee District #11
Parking
  • Parking Features: Other
Property
Lot Information
  • Structure Type: Apartment Building
  • Building Area Total: 5600.0
  • Lot Features: Level
  • Lot Size Dimensions: 115 X 137
  • Number Of Units Total: 6
  • 100 Year Plain: No
  • Road Surface Type: Gravel
Property and Assessments
  • Documents Available: Tenant Lease(s)
  • Foundation Details: Block
  • New Construction: No
  • Year Built: 0
  • Year Built Source: Unable to Verify Actual Age
Utilities
  • Number Of Electric Meters: 6
  • Number Of Gas Meters: 1
  • Numberof Water Meters: 1
  • Water Sewer Expense: $5,254
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Brick
Interior Features
  • Basement: Crawl Space, Full
  • Heating: Electric, Forced Air, Heat Pump, Central Air, Electric Water Heater
  • Laundry Features: Units Hook-Ups
  • Number Of Central Air Units: 6
  • Number Of Dishwashers: 0
  • Number Of Dryers: 0
  • Number Of Heating Units: 6
  • Number Of Ranges: 6
  • Numberof Refrigerators: 6
  • Number Of Washers: 0
  • Number Of Water Heaters: 6
  • Number Of Window Units: 0
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $56,700
  • Gross Scheduled Income: $56,700
  • Insurance Expense: $2,146
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $41,630
  • Operating Expense: $7,880
  • Advertising Expense: 0
  • Gas Expense: 480
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Lease Term: Variable
  • Tenant Pays: Electricity

Property History for 507 Washington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 507 Washington Street

Taxable ValueLand$7,585Additions$94,694Total$102,279
Tax Record2023$7,424 ($619 / month)
Home Facts
Lot Size15,754 SqFtStyleMiscellaneous CommercialCountySANGAMONAPN36-07.0-263-011

Schools near 507 Washington Street

This home is within Pawnee Community Unit School District 11.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Pawnee Grade School
PublicPK to 6

Pawnee Jr/Sr High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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507 Washington Street is a multi-family home for sale in Pawnee, IL 62558. This property was listed for sale on September 21, 2023 by Campo Realty, Inc., it's currently listed at $399,900. It has been on the market for a total of 430 days and was last sold on May 2, 2022. This listing's school district is Pawnee Community Unit School District 11. Nearby schools include Pawnee Grade School and Pawnee Jr/Sr High School. 507 Washington Street is a 0-bed, 0-bath, 5,600 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Campo Realty, Inc.

Based on information from one of the following Multiple Listing Services: RMLS Alliance. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by RMLS Alliance is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.