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Sold on 06/18/2024

205 S Parker Ave, Springfield, IL 62704

  • $300,000

    Last sold 06/18/2024 after 126 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 205 S Parker Ave

Property type Multi-family
Neighborhood
Year built 1968
HOA fee $0/month
Rental estimate
Property description
Attention Investors! Check out this 6 unit apartment building in the heart of downtown Springfield. This is a great location convenient to the hospitals, all of the state office buildings, shopping, restaurants, and right across from Springfield High! This includes 4 2 bedroom units and 2 1 bedroom units. All units are currently occupied with excellent rental history. Owner pays for water ($225/mo avg), trash ($ /mo avg). Showings are available for pre-approved buyers with a 24 hour notice.
Listed by
Listing Agent Contact: Mobl: 217-416-7995
Listing Office - RE/MAX Professionals
Source: RMLS Alliance mls logo
MLS#CA1027298 • last updated 1 year ago
Movoto checked RMLS Alliance for data 1 hour ago
Overview
Heating Forced Air, Gas, Central Air, Gas Water Heater
Levels/Style Two Or More Story
MLS # CA1027298
Status Sold
SubType Residential Income
Property Tax 5833.28
Year Built 1968
Interior
Laundry Common Area
Exterior
Foundation Block
Roof Shingle
Construction Wood Siding
Parking On Street, Parking Pad
# of Parking Spaces 8
Lot Features Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Springfield District #186
APN 14-33.0-201-023
Directions Veterans Pkwy To Monroe, Left On S Parker
Multifamily Details
Total # of Units 6
Net Operating Income 36712
Expense: Water/Sewer 2833
Expense: Operating 10243
Expense: Maintenance 1000
Expense: Trash 1860
Gross Income 52788
Gross Scheduled Income 50688
Lot/ Land Details
Road Surface Paved
Rental est.: $940/month
Gross rent multiplier: 28.4
  • Jun 2024
    mls logo MLS # CA1027298
  • Jun 18, 2024 Sold
    $300,000 (-6.2%)
  • Mar 30, 2024 Pending
    —
  • Mar 19, 2024 Price Change
    $319,900 (-3.0%)
  • Feb 13, 2024 Listed
    $329,900
  • 205 S Parker Ave
    $300K
  • Vinegar Hill
    $140K +1% y/y
  • 62704
    $199K +10% y/y
  • Springfield
    $220K +22% y/y
No chart available
Statistics calculated by Movoto

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2/10
U S Grant Middle School
public Grades 6-8
Springfield School District 186
5/10
Springfield High School
public Grades 9-12
Springfield School District 186
Source: GreatSchools.org © 2026. All rights reserved.

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  • IL
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  • 205 S Parker Ave
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