Movoto Real Estate
Sold on 02/23/2026

430 E Keys Ave, Springfield, IL 62702

  • $390,000

    Last sold 02/23/2026 after 146 Days

  • bed

  • bath

Multi-family not for sale
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About 430 E Keys Ave

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Rental estimate
Property description
Endless Potential – 8-Unit Property! Well-maintained and fully functional, this property offers a strong mix of unit types and updated interiors. The first floor features four 1-bed/1-bath units (all electric, with both front and rear entrances), while the second floor includes four 2-bed/1-bath units. Tenant Utilities: • First-floor tenants pay their own electric. • Second-floor tenants pay their own gas and electric. Owner Expenses: Gas for two water heaters serving the first-floor units, plus water, sewer, trash, and landscaping. The parking lot is spacious, in excellent condition, and unassigned for tenant convenience. Current ownership has completed updates throughout, making this a turnkey opportunity. Additional Info: A 3D tour and current Rent roll available upon request. Please do not disturb tenants—walking the exterior is welcome, but interior tours will only be arranged following an accepted contingent offer.
Listed by
Listing Office - Real Broker, LLC
Source: RMLS Alliance mls logo
MLS#CA1039538 • last updated 3 months ago
Movoto checked RMLS Alliance for data 7 minutes ago
Overview
Cooling/AC Zoned
Heating Baseboard, Electric, Forced Air, Natural Gas, Window Unit(s)
Levels/Style Apartment Building
MLS # CA1039538
Status Sold
SubType Residential Income
Property Tax 11527.32
Year Built 1960
Interior
Laundry None
Interior Features Cable Available, High Speed Internet
Exterior
Roof Shingle
Construction Aluminum Siding, Wood Siding
Parking On Street, Parking Pad, Oversized
# of Parking Spaces 14
Lot Features Corner Lot
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision Springfield
High School Springfield District #186
APN 14-22.0-308-016
Directions Traveling South On N 5th Street The Property Is Located Directly Across From The Old Benedictine Campus
Multifamily Details
Total # of Units 8
Net Operating Income 54173
Expense: Water/Sewer 2300
Expense: Operating 11100
Expense: Trash 1232
Gross Income 76800
Expense: Electricity 1100
Gross Scheduled Income 76800
Lot/ Land Details
Road Surface Paved
Rental est.: $1,120/month
Gross rent multiplier: 31.2
  • Feb 2026
    mls logo MLS # CA1039538
  • Feb 23, 2026 Sold
    $390,000 (-6.9%)
  • Dec 15, 2025 Pending
  • Oct 29, 2025 Price Change
    $419,000 (-4.6%)
  • Oct 20, 2025 Price Change
    $439,000 (-2.2%)
  • Oct 11, 2025 Price Change
    $449,000 (-1.3%)
  • Sep 30, 2025 Listed
    $454,995
  • 430 E Keys Ave
    $390K
  • Lincoln Park
    $149K 0% y/y
  • 62702
    $130K +8% y/y
  • Springfield
    $222K +23% y/y
No chart available
Statistics calculated by Movoto

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5/10
2/10
2/10
Source: GreatSchools.org © 2026. All rights reserved.

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  • 430 E Keys Ave
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