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Sold on 05/21/2025

716 E Black Ave, Springfield, IL 62702

  • $100,000

    Last sold 05/21/2025 after 75 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 716 E Black Ave

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Rental estimate
Property description
This 4 unit property offers a lot of potential for an investor. Each unit has 1 bedroom and 1 full bathroom. Each unit also has a range/oven and refrigerator. 3/4 units are currently rented and the 4th should be soon. Tenants pay their own electric bill and the owner currently pays water/sewer bill from CWLP. The property is ran by a property management company that charges 10% of total rent. They have ran this property for many years and would continue to do so if the new owner would like. For additional information please contact Anthony Buscher.
Listed by
Listing Office - The Real Estate Group, Inc.
Source: RMLS Alliance mls logo
MLS#CA1034896 • last updated 1 year ago
Movoto checked RMLS Alliance for data 8 minutes ago
Overview
Heating Forced Air, Window Unit(s)
Levels/Style Conversion
MLS # CA1034896
Status Sold
SubType Residential Income
Property Tax 1775.3
Year Built 1900
Interior
Laundry None
Exterior
Foundation Brick/Mortar
Roof Shingle
Construction Aluminum Siding, Wood Siding
Parking On Street
# of Parking Spaces 4
Lot Features Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Lanphier High School
APN 14-22.0-331-006
Directions Take N Ninth St. To E Black Ave. And Turn East On To E Black Ave. Property Is On The Left.
Multifamily Details
Total # of Units 4
Net Operating Income -7456
Expense: Water/Sewer 3300
Expense: Operating 7781
Expense: Manager 2520
Expense: Maintenance 125
Expense: Trash 636
Gross Income 2100
We are not permitted to show value estimates for this property.
  • May 2025
    mls logo MLS # CA1034896
  • May 21, 2025 Sold
    $100,000
  • Apr 10, 2025 Pending
    —
  • Apr 3, 2025 Listed
    $100,000 (-13.0%)
  • Mar 14, 2025 Pending
    —
  • Mar 7, 2025 Listed
    $115,000
  • 716 E Black Ave
    $100K
  • 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
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  • 716 E Black Ave
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