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Sold on 09/02/2022
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105 Outer Park Dr, Springfield, IL 62704

  • $229,000

    Last sold 09/02/2022 for $420K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 105 Outer Park Dr

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Great opportunity to buy TWO - 2 story 4 plex units on the corner of 1st & Outer Park. Total of 8 units with each unit being 2 bedrooms, 1 bath with living room & kitchen. Each unit has 1 covered carport. Basement has laundry hook ups for each unity and individual storage place for each unit. Great location with easy access downtown, to the medical district, shopping/dining on the Westside. A short walk to HyVee Grocery Store and the bus stop at the corner. Great investment opportunity!
Listed by
Listing Agent Contact: Pref: 217-416-3481
Listing Office - RE/MAX Professionals
Source: RMLS Alliance mls logo
MLS#CA1016126 • last updated 3 years ago
Movoto checked RMLS Alliance for data 3 hours ago
Overview
Heating Electronic Air Filter, Forced Air, Gas
Levels/Style Two Or More Story, Apartment Building, Quadruplex
MLS # CA1016126
Status Sold
SubType Residential Income
Property Tax 9289.48
Year Built 1960
Interior
Laundry Other
Interior Features Cable Available
Exterior
Roof Shingle
Construction Cedar, Vinyl Siding
Parking Alley Access, Assigned, Carport, Detached
# of Parking Spaces 8
Lot Features Corner Lot
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Springfield District #186
APN 22040408024
Directions MacArthur Blvd-east On Outer Park Dr To Corner Of Outer Park & 1st St
Multifamily Details
Total # of Units 8
Net Operating Income 36833
Expense: Water/Sewer 5400
Expense: Operating 19878
Expense: Manager 4620
Expense: Trash 2640
Gross Income 66000
Gross Scheduled Income 66000
Lot/ Land Details
Add'l Parcel(s) 22040408025 - 2241 S 1st St
Road Surface Alley, Paved
$229K
Range: $148K-$309K
Last 30 days 
Rental est.: $924/month
Gross rent multiplier: 37.9
  • Sep 2022
    Public Records
  • Sep 6, 2022 Sold
    $420,000 (+120.5%)
  • Aug 2021
    Public Records
  • Aug 5, 2021 Sold
    $190,500 (-38.6%)
  • Dec 2016
    Public Records
  • Dec 23, 2016 Sold
    $310,500
  • 105 Outer Park Dr
    $420K
  • Springfield
    —
  • 62704
    $207K +9% y/y
  • Springfield
    $187K +1% y/y
No chart available
Statistics calculated by Movoto

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4/10
Black Hawk Elementary School
public Grades K-5
Springfield School District 186
1/10
Jefferson Middle School
public Grades 6-8
Springfield School District 186
Source: GreatSchools.org © 2026. All rights reserved.

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