Great location!

2 investment properties, 7 b ed 5 bath, minutes away from Memorial Hospital in the medical district in downtown Springfield. 419 N 1st was built 1889, is an occupied triplex, 1 bed 1 bath each unit has generated income.

421 N 1st was built in 1879, is a duplex with 2 bed 1 bath in each unit. Selling as a package deal. Selling as-is.

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on 419 and 421 N 1st St
in Springfield, IL
Presented by Inar Kattom at
The Real Estate Group Inc.


Property MLS #CA1027790 from RMLSAlliance

+ Reveal additional info including schools and tax history

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+ Interior Features

Cable Available

+ Appliances

Laundry Features: Units Hook-Ups

+ Other Rooms

Basement Features: Full, Unfinished

+ Bathrooms

Full Bathrooms: 4

+ Heating and Cooling

Heating Features: Baseboard, Forced Air, Gas, Gas Water Heater, Window Unit(s)

+ Exterior and Lot Features

Fence
Road Surface Type: Paved

+ Land Info

Additional Parcels Description: 14-28.0-440-010
Lot Description: Level
Lot Size Acres: 0.174472
Lot Size Dimensions: 40x190
Lot Size Square Feet: 7600

+ Garage and Parking

Parking Features: Parking Pad
Parking Total: 2

+ Rental Info

Gross Income: 12600
Gross Scheduled Income: 12600
Lease Term: Month To Month
Tenant Pays: No Utilities

+ Multi-Unit Info

Number of Units: 5
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit 1 Total Actual Rent: 525
Unit 2 Total Actual Rent: 525

+ School Information

High School: Springfield District #186
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Springfield High School is a public high school located approximately 0.5 miles away.
Map directions

Enos Elementary School is a public elementary school located approximately 0.6 miles away.
Map directions

U S Grant Middle School is a public middle school located approximately 1.6 miles away.
Map directions

The Keystone School is a private middle and high school located approximately 0.3 miles away.
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K12 International Academy is a private elementary, middle and high school located approximately 0.3 miles away.
Map directions

+ Other Property Info

Annual Tax Amount: 2005.28
Source Listing Status: Active
County: Sangamon
Directions: CARPENTER N ON 1ST
Tax Year: 2022
Source Property Type: Residential Income
Insurance Expense: 700
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 2
Parcel Number: 14-28.0-440-011
Trash Expense: 180
Property Subtype: Residential Income
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2021	$7,878 + $1,340 $9,218	$829
2020	$7,890 + $1,342 $9,232	$813
2019	$7,862 + $1,337 $9,199	$798
2018	$8,851 + $1,329 $10,180	$860
2017	$8,737 + $1,312 $10,049	$842
2016	$8,610 + $1,293 $9,903	$825
2015	$8,507 + $1,278 $9,785	$817
2014	$8,452 + $1,270 $9,722	$805
2013	$8,452 + $1,270 $9,722	$787
2012	$8,452 + $1,270 $9,722	$772
2010	$8,371 + $1,258 $9,629	$734
2009	$8,252 + $1,240 $9,492	$713
2007	$7,919 + $1,190 $9,109	$672
2006	$7,824 + $1,176 $9,000	$692
2005	$7,756 + $970 $8,726	$681

+ Reveal Property Sale History

Listed 2024-03-11
$112,000
RMLSAlliance

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Sold 2014-08-07
$45,000
Public Record

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Sold 1995-02-28
$53,333
Public Record

+ Commercial Info

Net Operating Income: 6387
Operating Expense: 4208

+ Building and Construction

Year Built: 1889
Building Area Total: 2563
Construction Materials: Vinyl Siding
Foundation Details: Block, Brick
Property Age: 135
Roof: Shingle
Structure Type: Triplex
Year Built Source: Public Records

+ Utilities

Electric Expense: 2224
Water Source: Public Sewer, Septic System