Springfield, IL 62704,545 S LINCOLN
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Listed by Jay Clark • The Real Estate Group, Inc.
$ 150,000
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Active

545 S LINCOLN Springfield, IL 62704

2,268 SqFt


UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 2,268 sqft

Price per Sqft $66

MLS Listing ID CA1039242

Maintenance Fees $1,440

Year Built 1900

Annual Tax Amount $4,479

Tax Year 2024

Lot Dimensions 47X105

Property Sub-Type Residential Income

Source rmlsa

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.

Location

State IL

County Sangamon

Area Springfield

Zoning R-2

Direction just north of Edwards on Lincoln

Rooms

Basement Partial

Interior

Heating Heating Systems - 2+

Fireplace N

Exterior

View true

Roof Type Shingle

Total Parking Spaces 2

Garage 1

Building

Lot Description Level

Faces just north of Edwards on Lincoln

Unit Features [{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":750,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1400293Group_1\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":800,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1400293Group_2\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":700,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1400293Group_3\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":700,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1400293Group_4\"}]

Water Public Sewer, Public

Structure Type Masonite,Wood Siding

New Construction false

Schools

High Schools Springfield District #186

Others

Tax ID 14320277041


Mhisho Vuong-Lynch

Mhisho Vuong-Lynch

Agent

+1(563) 370-1735

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545 S LINCOLN