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Sold for $100,000
    • $100,000

    716 Black Ave, Springfield, IL 62702

    4beds
    4baths
    2,760sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $106,900 Zestimate®
    $36/sqft
    $1,257 Estimated rent

    Home value

    $106,900

    $96,000 - $119,000

    $1,257/mo

    Zestimate® history
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    $1,257/mo

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    $588/mo

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    $588/mo

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    What's special

    This 4 unit property offers a lot of potential for an investor. Each unit has 1 bedroom and 1 full bathroom. Each unit also has a range/oven and refrigerator. 3/4 units are currently rented and the 4th should be soon. Tenants pay their own electric bill and the owner currently pays water/sewer bill from CWLP. The property is ran by a property management company that charges 10% of total rent. They have ran this property for many years and would continue to do so if the new owner would like. For additional information please contact Anthony Buscher.

    Zillow last checked:

    Listing updated:

    Listed by:

    Krystal K Buscher Mobl:217-553-9280,

    The Real Estate Group, Inc.

    Bought with:

    Edward Bowen, 475130058

    Keller Williams Capital

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1034896MLS LogoOriginating MLS: Capital Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Forced Air
    Appliances
    • Included: Range, Refrigerator, Water Heater
    • Laundry: None
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 2,760
    • Total interior livable area: 2,760 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 9,009 Square Feet
    • Dimensions: 135.83 x 66.33
    • Features: Level
    Details
    • Parcel number: 1422.0331006

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Wood Siding
    • Foundation: Brick/Mortar
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Springfield

    Financial & listing details

    • Price per square foot: $36/sqft
    • Tax assessed value: $65,949
    • Annual tax amount: $1,775
    • Date on market: 3/8/2025
    • Cumulative days on market: 14 days
    • Tenant pays: Electricity

    Price history

    DateEventPrice
    5/20/2025Sold$100,000$36/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1034896 Report a problem
    4/11/2025Pending sale$100,000$36/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1034896 Report a problem
    4/3/2025Price change$100,000-13%$36/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1034896 Report a problem
    3/14/2025Pending sale$115,000$42/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1034896 Report a problem
    3/8/2025Listed for sale$115,000+94.9%$42/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1034896 Report a problem
    6/11/2015Sold$59,000$21/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA140972 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,846 +4%$21,983 +9.5%
    2023$1,775 +4%$20,080 +5.4%
    2022$1,707 +3.4%$19,047 +3.9%
    2021$1,650 +2%$18,334 -0.1%
    2020$1,617 -4.6%$18,361 +0.3%
    2019$1,695 $18,297 -8.8%
    2018$1,695 +2.1%$20,055 +1.3%
    2017$1,659 +2%$19,795 +1.5%
    2016$1,627 +1%$19,506 +1.2%
    2015$1,611 +1.5%$19,273 +0.6%
    2014$1,587 +2.3%$19,149
    2013$1,551 +2%$19,149
    2012$1,522 +2.5%$19,149
    2011$1,484 +2.6%$19,149 +1%
    2010$1,447 +3%$18,965 +1.4%
    2009$1,405 +6%$18,696 +4.2%
    2008$1,325 -1%$17,942 +2.4%
    2007$1,339 +1.6%$17,515 +3.8%
    2006$1,318 $16,872
    Find assessor info on the county website

    Neighborhood: Lincoln Park

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Lanphier High School

    Source: RMLS Alliance as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $106,900
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    +$2,138
    With Zillow Showcase(estimated)
    $109,038
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $106,900
    2% more
    +$2,138
    With Zillow Showcase(estimated)
    $109,038

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