Beds8
On Site19 days
Year1978
Killebrew Team
(217) 546-1234
Status:
Active
Property Type:Residential Income
MLS #:CA1022276
On Site:19 Days
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.
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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
Legal Description: Lake Victoria Pud Project G-1 Except Lot G-1-4 11-15-5
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3100 Butler St Springfield, IL 62703
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Listing Information Last Updated 6/5/2023
Listing provided courtesy of Kyle Killebrew, The Real Estate Group, Inc. (217-741-4040).
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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.