3100 Butler St

Springfield, IL 62703 View Map $1,550,000 Ask a Question
Beds8
Sold On12/14/2023
Year1978
Move-in ready multi-family listing in Springfield, IL - $1,550,000 Photo 1
Move-in ready multi-family listing in Springfield, IL - $1,550,000 Map

Killebrew Team

(217) 546-1234

Ask a Question
Status: Sold
Property Type:Residential Income
MLS #:CA1022276
Date Sold:12/14/2023
County:Sangamon
Stabilized Class C property generating a $25,000 monthly GPR with room to grow! Located in Southeast region of Springfield, Lakeside Village is an established complex operating three 12 unit apartment buildings. Total of 36 2BR/1BA units large parking lot & well maintained privacy fenced grounds. Individually metered all electric units with shared water meters (owner pays) & common coin laundry (income). Owner provides 2022 Profit/Loss totals, Q1 P/L, April 2023 Rent Roll, 2023 P/L projection, and says bring your offer.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
6/12/2023$1,950,000$1,850,000-5.1%
12/14/2023$1,850,000$1,550,000-16.2%

Community Information

Address:3100 Butler St, Springfield, IL 62703
Area:Springfield
County:Sangamon
City:Springfield
Zip Code:62703

School Information

High School:Springfield District #186

Architecture

Bedrooms: 8
Year Built:1978
Construction Materials: Brick, Wood Siding
Roof: Cement, Shingle
Foundation: Block
Basement: Unfinished
Parking Features: Guest Parking
Parking Total: 50

Features / Amenities

Interior Features: Cable Available
Laundry: Common Area, Owned Equipment
Exterior Features: Fence
Heating: Electric, Forced Air, Central Air

Property Features

Lot Dimensions:Irregular
Lot Features: Corner Lot, Level
Water: Public Sewer, Public
Road Surface: Paved
Directions:CORNER OF BUTLER & LAKE VICORIA DR, 1 BLOCK FROM STEVENSON

Tax and Financial Info

Tax Year: 2022
Tax Annual Amount: $14,784
Lease Terms: Variable
Gross Income: $305,484
Net Income: $290,700
Tenant Pays: Electricity
Legal Description: Lake Victoria Pud Project G-1 Except Lot G-1-4 11-15-5

Schools

WALKING AND TRANSPORTATION

0
Wait...
Walk Score ®
0
Wait...
Transit Score ®
0
Wait...
Bike Score ®
Please wait while loading...

Listing Information Last Updated 3/1/2024
Listing provided courtesy of Kyle Killebrew, The Real Estate Group, Inc. (217-741-4040).
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than The Real Estate Group are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.