Movoto Real Estate
Sold on 05/27/2021
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700 Williams Blvd, Springfield, IL 62704

  • $310,000

    Last sold 05/27/2021 for $250K

  • bed

  • bath

Multi-family not for sale
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About 700 Williams Blvd

Property type Multi-family
Neighborhood
Year built 1941
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
A very rare opportunity to own income property on Williams Blvd., a block from Washington Park on the beautifully landscaped boulevard. Well-maintained with NUMEROUS updates to mechanicals, roof, etc. Furnace and AC (upper unit), plumbing upgrades, H2O htr, roof, furnace and AC (main floor) within the past 10 years. Bathroom remodel (upper), most windows replaced, Illini waterproofing, new sump pump, and most recently, bathroom remodel (main floor). Also, new microwave and range/oven. History of medical student tenants in 3-year leases (currently leased to 6/2021). Ample parking - 2-car garage with bumpout, extended driveway, and 2 spaces in front. Private backyard features a poured patio and stone wall for privacy. Sleeping porch on upper level is great space for entertaining.
Listed by
Listing Office - The Real Estate Group Inc.
Source: RMLS Alliance mls logo
MLS#CA1004477 • last updated 2 months ago
Movoto checked RMLS Alliance for data 16 minutes ago
Overview
Cooling/AC Central Air
Heating Electric, Forced Air, Natural Gas
Levels/Style Duplex
MLS # CA1004477
Status Sold
SubType Residential Income
Property Tax 9131
Year Built 1941
Interior
Laundry Common Area, Owned Equipment
Interior Features Cable Available
Exterior
Roof Shingle
Construction Brick
Parking Attached, On Street
# of Parking Spaces 5
Lot Features Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Springfield District #186
APN 14330376011
Directions Williams Blvd Between Walnut And MacArthur On South Side Of Boulevard.
Multifamily Details
Total # of Units 2
Net Operating Income 30185
Expense: Water/Sewer 1404
Expense: Operating 2935
Expense: Maintenance 165
Expense: Trash 183
Gross Income 33120
Gross Scheduled Income 33120
$310K
Range: $248K-$372K
Last 30 days 
Rental est.: $930/month
Gross rent multiplier: 22.4
  • Jun 2021
    Public Records
  • Jun 1, 2021 Sold
    $250,000 (-16.7%)
  • May 2007
    Public Records
  • May 2, 2007 Sold
    $300,000
  • 700 Williams Blvd
    $250K
  • Historic West-Side
    $162K +10% y/y
  • 62704
    $207K +9% y/y
  • Springfield
    $189K +2% y/y
No chart available
Statistics calculated by Movoto

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

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