520 East South Grand Avenue, Unit 12

Springfield, IL 62703

$849,900
Price
—
Beds
—
Baths
7,692 Sq. Ft.
$110 / Sq. Ft.
7,692
Sq. Ft.
$110
per Sq. Ft.

Description

There are 12- 1 bedroom furnished apartments in this building. A full basement with laundry machines. All units are furnished including living rooms, kitchens, bedrooms, and they have flat screen tvs too. All units have additional storage in the basement. 11 rent for 1100.00 per month excluding the property managers unit and it rents for 650.00 per month. Sellers expenses are as follows, 450.00 per month to CWLP, 450.00 a month to Ameren, 175.00 for trash removal, 300.00 per month for high speed...There are 12- 1 bedroom furnished apartments in this building. A full basement with laundry machines. All units are furnished including living rooms, kitchens, bedrooms, and they have flat screen tvs too. All units have additional storage in the basement. 11 rent for 1100.00 per month excluding the property managers unit and it rents for 650.00 per month. Sellers expenses are as follows, 450.00 per month to CWLP, 450.00 a month to Ameren, 175.00 for trash removal, 300.00 per month for high speed internet, average 100.00 per month for lawn and snow removal. All units rent month to month. However you could convert to leases. There is a well maintained boiler system to heat and window units to cool. The roof was replaced 3 years ago. Do not know the age of the windows but they have been replaced. The building tends to be occupied by medical professionals and other state employees. Seller has owned the building for years. We have a few vacancies right now so we can show a few units. Call today. WE do need 48 hour notice to show.
  1. Listed by Lori Waggener • The Real Estate Group, Inc.
  2. Listed by Derek Waggener • The Real Estate Group, Inc.

Property Details for 520 East South Grand Avenue, Unit 12

Parking Total
12.0
Subdivision Name
None
LISTING UPDATED: 03/07/2025 02:01 PM

Property Details for 520 East South Grand Avenue, Unit 12

StatusPending ( No Showings )
MLS #CA1034003
Days on Market37
Taxes$11,132 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1931
Lot Size0.19 AC / 8,100 SF
CountySangamon County

Building Information for 520 East South Grand Avenue, Unit 12

Stories-Residences12Year Built1931Building Size-Lot Size0.19 AC / 8,100 SF

Property Information for 520 East South Grand Avenue, Unit 12

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: South 5th to South Grand
  • Latitude: 39.7866065112157
  • Longitude: -89.644507
  • MLSArea Minor: Springfield
  • Postal Code: 62704
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 22-03.0-101-009
  • Tax Annual Amount: $11,132
  • Tax Legal Description: W 54'L 1 B 1 E.Isles Sub Lands #1
  • Tax Year: 2024
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Detached, Oversized
Property
Lot Information
  • Structure Type: Apartment Building
  • Accessibility Features: Level
  • Building Area Total: 7692.0
  • Lot Features: Level
  • Lot Size Dimensions: 54 x 150 estimated
  • Number Of Units Total: 12
  • 100 Year Plain: No
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: Legal Description,Plat in Office
  • New Construction: No
  • Year Built: 1931
  • Year Built Source: Unable to Verify Actual Age
Utilities
  • Number Of Electric Meters: 12
  • Number Of Gas Meters: 1
  • Numberof Water Meters: 1
  • Water Sewer Expense: $2,000
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Lawn Snow Removal: 0
  • Roof: Rubber
  • Construction Materials: Brick
Interior Features
  • Basement: Full
  • Heating: Heating Systems - 2+, Hot Water, Wall Unit(s)
  • Interior Features: Furnished, High Speed Internet
  • Laundry Features: Owned Equipment
  • Number Of Central Air Units: 0
  • Number Of Dryers: 2
  • Number Of Heating Units: 2
  • Number Of Ranges: 12
  • Numberof Refrigerators: 12
  • Number Of Washers: 2
  • Number Of Water Heaters: 3
  • Number Of Window Units: 12
  • Operating Recording Device: Audio
Multi Family
Income & Expenses
  • Electric Expense: $2,500
  • Gross Income: $13,950
  • Gross Scheduled Income: $12,750
  • Insurance Expense: $6,000
  • Maintenance Expense: $3,000
  • Manager Expense: $0
  • Net Operating Income: $-36,932
  • Operating Expense: $39,750
  • Advertising Expense: 0
  • Gas Expense: 5000
  • Misc Annual Income: 1200
  • Trash Expense: $1,200
Unit 1
  • Fireplace YN: N
  • Full Baths: 12
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 12
  • Number Uncovered: 12
  • Unit Type Beds Total: 12
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 0
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Lease Term: Month To Month

Property History for 520 East South Grand Avenue, Unit 12

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 520 East South Grand Avenue, Unit 12

This home is within Springfield School District 186.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - 6 to 8
Public - 9 to 12
Public - 1 to 8
Rating
School
Distance
Edwin A Lee Elementary School
PublicPK to 12

Jefferson Middle School
Public6 to 8

Springfield Southeast High School
Public9 to 12

Iles Elementary School
Public1 to 8

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.

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Listing Courtesy of The Real Estate Group, 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.