3100 Butler St

Springfield, IL 62703 View Map $1,950,000 Schedule a Tour
Beds8
On Site19 days
Year1978

Killebrew Team

(217) 546-1234

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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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$000 Monthly Payment
Loan and interest only.

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Community Information

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

School Information

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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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).
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.