$150,000

545 S LINCOLN, Springfield, IL 62704

  • 2,268 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $66/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Solid income producing 4 plex, close to Washington Park and Downtown. There is plenty of room to pave a parking lot in the rear of the building. Owner pays utilities. Monthly rental income is $2,950, with monthly expenses of $1,015, or annual income of $34,500 with annual expenses of 12,180. Priced at a 14.01 capitalization rate.

Listing Status:
Active
Listing Office:
The Real Estate Group, Inc. : 217-787-7000
Listing Agent:
Jay Clark : 217-725-3402
MLS ID:
CA1039242
  • Basement: Partial
  • Heating: Heating Systems - 2+
  • Parking: On StreetParking spaces: 2
  • Roofing: Shingle
  • Originating MLS: rmlsa
  • County: Sangamon
  • Zoning: R-2L 1 S.J. WORKMANS SUB S1/2 L 9 &S1/2 E 80' L8 B1 BAKER & SMITH N1/2 E NE 32-16-514320277041
  • Water: Public SewerPublic
  • Source: rmlsa

This listing courtesy of Jay Clark, The Real Estate Group, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dubois Elementary School

120 S Lincoln Ave, Springfield, IL, 62704

Grades KG-5

0.30 miles away

U

U S Grant Middle School

1800 W Monroe St, Springfield, IL, 62704

Grades 6-8

0.59 miles away

S

Springfield High School

101 S Lewis St, Springfield, IL, 62704

Grades 9-12

0.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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#CA1040687 - The Real Estate Group, Inc.