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Sold for $400,000
  • $400,000

    2940 Illinois Ave, Colorado Springs, CO 80907

    7beds
    4baths
    3,660sqft
    Duplex
    Built in 1972
    -- sqft lot
    $491,600 Zestimate®
    $109/sqft
    $1,693 Estimated rent

    Home value

    $491,600

    $457,000 - $531,000

    $1,693/mo

    Zestimate® history
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    What's special

    Cozy family roomLarge family roomSpacious laundry room
    Investor's Dream! This duplex, located in a prime spot close to popular restaurants and shopping, offers great potential for renovation and value addition. Unit A features 4 bedrooms, 2 upstairs and 2 bedrooms downstairs, a large family room and a HUGE living room downstairs. The unit also has 2 bathrooms, and a spacious laundry room. Unit B has 3 bedrooms 2 upstairs, 1 bedroom downstairs, and a cozy family room. Both units need some updates, with the laundry room and second bathroom in Unit B requiring repairs. The property needs general cosmetic improvements, making it ideal for someone looking to add their personal touch or generate rental income after upgrading. Don’t miss this opportunity to create value in a fantastic central location!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeremy Wynia SFR GREEN 719-213-0893,

    RE/MAX Properties Inc.

    Bought with:

    Non Member

    Non Member

    Source: elevateMLS,MLS#: 9067777MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Baseboard, Radiant
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Refrigerator, Washer
    • Laundry: Electric Hook-up
    Features
    • Basement: Full
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total interior livable area: 3,660 sqft

    Property

    Parking
    • Total spaces: 5
    Features
    • Fencing: Front Yard
    Lot
    • Size: 5,898 Square Feet
    Details
    • Parcel number: 6332302021

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick, Wood Siding
    • Roof: Composite Shingle
    Condition
    • Year built: 1972

    Utilities & green energy

    • Water: Municipal

    Community & HOA

    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $109/sqft
    • Tax assessed value: $463,948
    • Annual tax amount: $1,477
    • Date on market: 12/6/2024
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    12/4/2024Sold$400,000-11.1%$109/sqft
    Source: elevateMLS #9067777 Report a problem
    11/21/2024Pending sale$449,900$123/sqft
    Source: REcolorado as distributed by MLS GRID #9734884 Report a problem
    10/9/2024Listed for sale$449,900$123/sqft
    Source: elevateMLS #9067777 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,477 +11%$31,080
    2023$1,331 -9.8%$31,080 +30.6%
    2022$1,476 $23,790 -4.9%
    2021-- $25,010 +18.4%
    2020$1,709 +19.8%$21,130
    2019$1,426 +17.8%$21,130 +21.2%
    2018$1,211 -5.3%$17,430
    2017$1,279 +5.6%$17,430 +7.7%
    2016$1,211 +29.1%$16,190
    2015$939 +1.2%$16,190 +5%
    2014$928 $15,420
    2013-- --
    2012-- $16,060
    2011$997 $16,060 -5%
    2010-- $16,900
    2009-- $16,900 +6%
    2008-- $15,950
    2006-- $15,950 +15.4%
    2004-- $13,820
    2003$824 +3.7%$13,820 -4.6%
    2002$794 +2.6%$14,480 +8.5%
    2001$774 $13,340
    Find assessor info on the county website

    Neighborhood: Central Colorado Springs

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Colorado Springs 11

    Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $491,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $491,600