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Sold on 05/20/2025
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23052309 Cherry Hill Dr, Springfield, IL 62704

  • $1,900,000

    Last sold 05/20/2025

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 23052309 Cherry Hill Dr

Property type Multi-family
Neighborhood
Year built 1976
HOA fee $0/month
Rental estimate
Property description
This multi-family property is located at 23052309 Cherry Hill Dr, Springfield, IL, 62704, in the Downtown Springfield neighborhood in Sangamon County and was built in 1976. It is served by municipal water. It last sold for $1,900,000 on 2025-05-20.
Overview
Cooling/AC Central Air
Heating Forced Air
Levels/Style Apartment Building
MLS # CA1033102
Status Sold
SubType Residential Income
Property Tax 31578
Year Built 1976
Exterior
Roof Shingle
Construction Brick Partial, Vinyl Siding
Parking Alley Access, On Street, Parking Pad
# of Parking Spaces 24
Lot Features Other
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Springfield District #186
APN 22-05.0-455-010
Directions Outer Park Turn Right To Cherry Hills Rd, Property Is On The Right Side.
Multifamily Details
Total # of Units 24
Net Operating Income 184357
Expense: Water/Sewer 8600
Expense: Operating 41961
Expense: Maintenance 15000
Expense: Trash 2000
Gross Income 257896
Expense: Electricity 3500
Gross Scheduled Income 255396
Lot/ Land Details
Add'l Parcel(s) 22-05.0-455-011 22-05.0-455-012
Rental est.: $924/month
Gross rent multiplier: 171.4
  • May 2025
  • May 22, 2025 Delisted
    $1,900,000
  • May 20, 2025 Sold
    $1,900,000
  • Dec 2, 2024 Pending
    —
  • Nov 13, 2024 Listed
    $1,900,000
  • 23052309 Cherry Hill Dr
    $1.9M
  • Downtown Springfield
    $199K
  • 62704
    $207K +9% y/y
  • Springfield
    $187K +1% 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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