NOT LISTED FOR SALE

1133 E Reservoir St Springfield, IL 62702

Pillsbury Neighborhood

Estimated Value: $46,000 - $71,602

-- Bed
-- Bath
1,632 Sq Ft
$33/Sq Ft Est. Value

Last Sold October 24, 2024

Last sale price $25,000 $15 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $380/month

118 Days on Market

About This Home

As of October 2024

Discover this affordable duplex nestled on a north end tree-lined street, boasting a high rent-to-purchase price ratio. Each unit is equipped with separate utilities, providing convenience and flexibility for tenants. The property offers significant potential with a modest investment in TLC, making it an ideal opportunity for savvy investors. Updated mechanical systems ensure operational efficiency and lower maintenance expenses, further enhancing its appeal as a solid investment in a desirable location. Selling As-Is

Last Agent to Sell the Property

GREG ZESSIN

Springfield Real Estate, LLC Brokerage Phone: 217-414-0373 License #471021583 Listed on: 06/21/2024

Last Buyer's Agent

Logan Frazier

The Real Estate Group, Inc. License #475192592

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,119

Year Built

  • Built in 1867

Lot Details

  • Lot Dimensions are 40x155
  • Level Lot

Home Design

  • 1,632 Sq Ft Home
  • Shingle Roof
  • Aluminum Siding

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Springfield District #186 High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • Trash Expense $180

Listing and Financial Details

  • Assessor Parcel Number 14-27.0-226-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,119

Year Built

Built in 1867

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1867
  • New Construction: No
  • Structure Type: Two or More Story, Duplex, Other
  • Attribution Contact: Mobl: 217-414-0373
  • Special Features: None

Interior Features

  • Basement: Unfinished

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: On Street
  • Total Parking Spaces: 2

Utilities

  • Heating: Forced Air, Gas, No Cooling, Electric Water Heater, Gas Water Heater
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 180
  • AdvertisingExpense: 0

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 40x155
  • Parcel #: 14-27.0-226-011

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1119
  • TaxExemptions: None

Multi Family

  • Resident Manager Expense: 1440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2025
Sold by
Ridgeway-Williams Dalton
Bought by
Franklin George S
Current Estimated Value
$53,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Outstanding Balance
$65,000
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
-$11,099

Purchase Details

Listed on
Jun 21, 2024
Closed on
Oct 24, 2024
Sold by
Marsh Philip G and Marsh Kayla M
Bought by
Ridgeway-Williams Dalton
Seller's Agent
GREG ZESSIN
Springfield Real Estate, LLC
Buyer's Agent
Logan Frazier
The Real Estate Group, Inc.
List Price
$37,000
Sold Price
$25,000
Premium/Discount to List
-$12,000
-32.43%
Views
153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Franklin George S $50,000 None Listed On Document
Ridgeway-Williams Dalton $25,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin George S $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold $25,000 -32.4% $15 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $37,000 0.0% $23 / Sq Ft
09/23/2024 09/23/24 Price Changed $37,000 -5.1% $23 / Sq Ft
09/09/2024 09/09/24 Price Changed $39,000 -8.2% $24 / Sq Ft
08/14/2024 08/14/24 Price Changed $42,500 -19.0% $26 / Sq Ft
07/23/2024 07/23/24 For Sale $52,500 0.0% $32 / Sq Ft
07/23/2024 07/23/24 Price Changed $52,500 +110.0% $32 / Sq Ft
07/23/2024 07/23/24 Off Market $25,000 -- --
07/08/2024 07/08/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $59,500 -- $36 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,164 $13,857 $1,891 $11,966
2023 $1,119 $12,657 $1,727 $10,930
2022 $1,076 $12,006 $1,638 $10,368
2021 $1,040 $11,557 $1,577 $9,980
2020 $1,020 $11,574 $1,579 $9,995
2019 $1,001 $11,533 $1,573 $9,960
2018 $1,080 $12,778 $1,565 $11,213
2017 $1,057 $12,613 $1,545 $11,068
2016 $1,037 $12,429 $1,522 $10,907
2015 $1,027 $12,281 $1,504 $10,777
2014 $1,011 $12,201 $1,494 $10,707
2013 $989 $12,201 $1,494 $10,707
Source: Public Records

Agents Affiliated with this Home

  • GREG ZESSIN

    Seller's Agent in 2024

    GREG ZESSIN

    Springfield Real Estate, LLC

    (217) 414-0373

    1 in this area

    58 Total Sales

    GREG ZESSIN
    Section Image
  • Logan Frazier

    Buyer's Agent in 2024

    Logan Frazier

    The Real Estate Group, Inc.

    (217) 416-3401

    1 in this area

    301 Total Sales

    Logan Frazier
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1029942

RMLS Alliance

APN: 14-27.0-226-011

Illinois Sangamon County Springfield 62702 Pillsbury

1133 E Reservoir St, Springfield, IL

Not Listed for Sale

MultiFamily

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