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Sold on 04/03/2017

414 E Black Ave, Springfield, IL 62702

  • $65,000

    Last sold 04/03/2017 after 71 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 414 E Black Ave

Property type Multi-family
Neighborhood
HOA fee $0/month
Rental estimate
Property description
Opportunity awaits! This historic home across from Lincoln Park has been converted to a vacation/short term rental, dba "The Purple Awning." Fully furnished 2-bedroom home sleeps four adults on the main floor. The upstairs 1-BR unit has always been used for overflow, but could be used for long-term rental income. Avg nightly rate is $94, with limited vacancies. New radiators. Newer wood flooring/ceramic tile. Newer dishwasher, H2O heater, and washer/dryer.
Listed by
Listing Office - The Real Estate Group Inc.
Source: RMLS Alliance mls logo
MLS#CA170386 • last updated 3 years ago
Movoto checked RMLS Alliance for data 7 minutes ago
Overview
Heating Gas, Window Unit(s), Other
Levels/Style Duplex
Virtual Tour N/A
MLS # CA170386
Status Sold
SubType Residential Income
Property Tax 1725
Exterior
Construction Aluminum Siding, Brick
Parking Other
# of Parking Spaces 3
Exterior Features Fence, Rec Area
Amenities / Utilities
Water Source Public Sewer, Public
Location
High School Springfield District #186
APN 14220306008
Directions From N. 5th Street, Turn On Black Avenue Between Benedictine University And
Multifamily Details
Total # of Units 2
Net Operating Income 4917
Expense: Operating 15073
Expense: Manager 2752
Expense: Maintenance 2929
Expense: Trash 150
Gross Income 19990
Expense: Electricity 3966
We are not permitted to show value estimates for this property.
  • 414 E Black Ave
    $65K
  • Lincoln Park
    $149K +17% y/y
  • 62702
    $130K +13% y/y
  • Springfield
    $222K +17% y/y
No chart available
Statistics calculated by Movoto

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5/10
Mcclernand Elementary School
public Grades K-5
Springfield School District 186
2/10
Washington Middle School
public Grades 6-8
Springfield School District 186
2/10
Lanphier High School
public Grades 9-12
Springfield School District 186
Source: GreatSchools.org © 2026. All rights reserved.

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  • IL
  • Sangamon County
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  • 414 E Black Ave
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