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Sold for $50,000
  • $50,000

    501 W North Grand Ave, Springfield, IL 62702

    2beds
    789sqft
    Single Family Residence, Residential
    Built in 1899
    6,800 Square Feet Lot
    $51,700 Zestimate®
    $63/sqft
    $1,222 Estimated rent

    Home value

    $51,700

    $47,000 - $56,000

    $1,222/mo

    Zestimate® history
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    $1,222/mo

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    $294/mo

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    $294/mo

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    What's special

    Investors, welcome to this charming 2 bedroom, 1 bathroom home. This home comes with 2 lots and many updates from over the years. It is currently occupied with a tenet that has been there for 10 years and would love to stay. See reports to see the updates: Roof and gutters installed December 2018, Furnace 2006, New windows 2010, Water heater 2020, Refrigerator 2022, Kitchen cabinets 2011, Air conditioner #2 2017, Washer 2021, Dryer 2024, All appliances stay. Tub has a crack in it that has been patched and is working fine. 2 lots and zoned R2. Set up showing in Showingtime. All Agents please read agent remarks. Must have 24 hour notice for showing. Inspections are welcome but selling AS-IS. All offers will be presented and looked at. Showings will start at 10am and stop at 7pm to be respectful to the tenant. SQFT is deemed accurate but not guaranteed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Luke Drone Pref:217-502-3504,

    The Real Estate Group, Inc.

    Bought with:

    Jerry George, 475159363

    The Real Estate Group, Inc.

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1039616MLS LogoOriginating MLS: Capital Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom 1
    • Level: Main
    • Dimensions: 14ft 3in x 12ft 0in
    Bedroom 2
    • Level: Main
    • Dimensions: 9ft 1in x 10ft 8in
    Additional room
    • Description: Laundry
    • Level: Main
    • Dimensions: 12ft 0in x 8ft 2in
    Kitchen
    • Level: Main
    • Dimensions: 14ft 9in x 15ft 0in
    Living room
    • Level: Main
    • Dimensions: 15ft 1in x 13ft 1in
    Main level
    • Area: 789
    Heating
    • Forced Air
    Appliances
    • Included: Range, Refrigerator, Washer, Dryer
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 789
    • Total interior livable area: 789 sqft

    Property

    Parking
    • Parking features: Gravel
    Lot
    • Size: 6,800 sqft
    • Dimensions: 40 x 170
    • Features: Level, Extra Lot
    Details
    • Additional parcels included: 14210456020
    • Parcel number: 14210456021
    • Zoning description: R2

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence, Residential
    Materials
    • Brick, Wood Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1899

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Springfield
    • Subdivision: None

    Price history

    DateEventPrice
    10/30/2025Sold$50,000-33.2%$63/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1039616 Report a problem
    10/2/2025Pending sale$74,900$95/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1039616 Report a problem
    9/30/2025Listing removed$74,900$95/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1038804 Report a problem
    8/27/2025Listed for sale$74,900$95/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1038804 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,251 +4%$14,890 +9.5%
    2023$1,202 +4%$13,600 +5.4%
    2022$1,156 +3.4%$12,901 +3.9%
    2021$1,118 +2%$12,418 -0.2%
    2020$1,096 +23.7%$12,437 +0.3%
    2019$886 $12,394 +18.2%
    2018$886 +2.1%$10,486 +1.3%
    2017$868 +2%$10,350 +1.5%
    2016$851 +1%$10,199 +1.2%
    2015$842 +0.2%$10,077 +0.6%
    2014$841 +2.3%$10,012 -1.3%
    2013$822 +1.9%$10,146
    2012$806 +925.2%$10,146
    2011$79 -89.7%$10,146 +1%
    2010$767 +3%$10,048 +1.4%
    2009$744 -12.3%$9,905 -13.8%
    2008$849 -1.2%$11,495 +2.3%
    2007$859 +1.6%$11,237 +3.8%
    2006$845 $10,824

    Find assessor info on the county website

    Neighborhood: Oak Ridge

    Nearby schools

    GreatSchools rating