716 West North Grand Avenue

Springfield, IL 62702

$120,000
Price
Beds
3,086 Sq. Ft.
$39 / Sq. Ft.
3,086
Sq. Ft.
$39
per Sq. Ft.

Description

Investment Property! Seller has done most of the work updating! 3-unit building fully leased. 2 main floor units and the 3rd unit is on the 2nd level. Units are a decent size; unit B could be a 2 bedroom. Upstairs tenant pays gas & electric. Main floor units' tenants pay electric and owner pays gas. 2023 Rubber Roof was terminated & possibly has 6 years left. Pictures are from the 2nd floor unit. Videos for the other 2 units are available. Off street parking. Inspections are welcome but selling as-is....Investment Property! Seller has done most of the work updating! 3-unit building fully leased. 2 main floor units and the 3rd unit is on the 2nd level. Units are a decent size; unit B could be a 2 bedroom. Upstairs tenant pays gas & electric. Main floor units' tenants pay electric and owner pays gas. 2023 Rubber Roof was terminated & possibly has 6 years left. Pictures are from the 2nd floor unit. Videos for the other 2 units are available. Off street parking. Inspections are welcome but selling as-is. 716 B - 1/1 - $450; large LR & FR 716 C - 1/1 - $800: New in 2024; Furnace, Electrical panel, AC, Windows, Rehabbed. 716.5 - 2/1 (upstairs unit) - $750: New in 2023; Furnace, Electrical panel, Windows, AC, Rehabbed.
  1. Listed by Ben Call • The Real Estate Group, Inc. • Offc: 217-787-7000
  2. Listed by Stephanie Hurrelbrink-Danna • The Real Estate Group, Inc.

Property Details for 716 West North Grand Avenue

Parking Total
4.0
Subdivision Name
Lincoln park
LISTING UPDATED: 08/28/2024 03:01 PM

Property Details for 716 West North Grand Avenue

StatusActive
MLS #CA1031263
Days on Market76
Taxes$1,253 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1920
Lot Size0.14 AC / 6,232 SF
CountySangamon County

Building Information for 716 West North Grand Avenue

Stories-Residences3Year Built1920Building Size-Lot Size0.14 AC / 6,232 SF

Property Information for 716 West North Grand Avenue

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: North on Bruns Ln, East on North Grand. Property is on the corner of North Grand and Walnut on the right.
  • Latitude: 39.8192
  • Longitude: -89.6446
  • MLSArea Minor: Springfield
  • Postal Code: 62702
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 14-28.0-128-046
  • Tax Annual Amount: $1,253
  • Tax Legal Description: W76' L1 EX PT N SOLD STATE ALSO N2' W76' L2 B 1 FRANK OSBURNS ADDN
  • Tax Year: 2023
School Information
  • Elementary School: Enos
  • High School: Lanphier High School
  • Middle Or Junior School: US Grant
Parking
  • Parking Features: Parking Pad
Property
Lot Information
  • Structure Type: Two or More Story
  • Building Area Total: 3086.0
  • Lot Features: Level
  • Lot Size Dimensions: 76x82
  • Number Of Units Total: 3
  • 100 Year Plain: No
  • Road Surface Type: Curbs & Gutters, Paved
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Brick, Concrete
  • New Construction: No
  • Year Built: 1920
Utilities
  • Number Of Electric Meters: 3
  • Number Of Gas Meters: 2
  • Numberof Water Meters: 1
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Rubber
  • Construction Materials: Brick
Interior Features
  • Basement: None
  • Heating: Electric, Forced Air, Gas, Heat Pump, Central Air
  • Interior Features: Cable Available
  • Laundry Features: None, Units Hook-Ups
  • Number Of Central Air Units: 2
  • Number Of Dishwashers: 0
  • Number Of Dryers: 0
  • Number Of Heating Units: 3
  • Number Of Ranges: 3
  • Numberof Refrigerators: 3
  • Number Of Washers: 0
  • Number Of Water Heaters: 3
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $24,000
  • Insurance Expense: $2,640
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $16,243
  • Operating Expense: $6,504
  • Advertising Expense: 0
  • Gas Expense: 3600
  • Misc Annual Income: 24000
  • Trash Expense: $264
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: Y
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Rental
Rent Information
  • Lease Term: Variable

Property History for 716 West North Grand Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 716 West North Grand Avenue

Taxable ValueLand$10,060Additions$4,107Total$14,167
Tax Record2023$1,253 ($104 / month)
Home Facts
Lot Size5,975 SqFtStyleMiscellaneous CommercialCountySANGAMONAPN14-28.0-128-046

Schools near 716 West North Grand Avenue

This home is within Springfield School District 186.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Mcclernand Elementary School
PublicK to 5

Washington Middle School
Public6 to 8

Lanphier High School
Public9 to 12

Douglas School
Public6 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

716 West North Grand Avenue is a multi-family home for sale in Springfield, IL 62702. This property was listed for sale on August 19, 2024 by The Real Estate Group, Inc., it's currently listed at $120,000. It has been on the market for a total of 76 days and was last sold on September 21, 2022. This listing's school district is Springfield School District 186. Nearby schools include Mcclernand Elementary School, Washington Middle School and Lanphier High School. 716 West North Grand Avenue is a 0-bed, 0-bath, 3,086 sqft multi-family home built in 1920.

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 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.