NOT LISTED FOR SALE

1501 & 1505 S 5th St Springfield, IL 62703

Iles Park Neighborhood
6 Beds
4 Baths
6,472 Sq Ft
1915 Built

Sale Details

Date Sold: March 2, 2023

Last sale price $280,000 $43 Per Sq Ft

155 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 2-minute walk to Washington Park
  • 8 Car Detached Garage

About This Home

As of March 2023

Formerly used as the headquarters for America Ambulance(they have relocated to Apple Orchard Road). Two separate duplex buildings that have been used as office space, sleeping quarters & storage. 1501 (built in 1915) building contains a 2 bedrooms, office, kitchen, dining area, living room (w/ FP). bathroom, 2nd floor has 2 bedrooms, living room, kitchen, bathroom, balcony area. Lower level has a rec room, workshop, storage area and laundry room. It also features a 47.10 x 30.9 oversized heated garage. 1505 (built in 1937) building contains on the first floor a bedroom, living room, dining room, kitchen, full bath, 2nd floor contains 1 bedroom, living room, kitchen. There is a full basement for storage and a 24.0 x 39.11 oversized garage. High daily traffic count, easy access to I-55 or I-72, desirable location to downtown, Iles Park, restaurants, shopping, grocery stores and more!

Last Agent to Sell the Property

Cynthia Grady

The Real Estate Group, Inc. License #471010585 Listed on: 08/30/2022

Last Buyer's Agent

Joshua Kruse

The Real Estate Group, Inc. License #475144896

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,822

Year Built

  • Built in 1915

Parking

  • 8 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 6,472 Sq Ft Home
  • Basement Fills Entire Space Under The House

Lot Details

  • Lot Dimensions are 220 x 304
  • Corner Lot
  • Level Lot

Schools

  • Springfield District #186 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 22040234009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,822

Year Built

Built in 1915

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1915
  • New Construction: No
  • Structure Type: Two or More Story, Conversion, Duplex
  • Age55PlusDevelopment: No
  • Special Features: VirtualTour

Interior Features

  • Basement: Full

Exterior Features

  • Lot Features: Corner Lot, Level
  • Road Surface Type: Paved
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Concrete, Poured Concrete
  • Roof: Other
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Detached, Oversized
  • Total Parking Spaces: 8

Utilities

  • Heating: Electric, Forced Air, Gas, Central
  • Laundry Features: Common Area
  • Water Source: Public Sewer, Public
  • GasExpense: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 220 x 304
  • Additional Parcels Description: 22040234010 22040234011
  • Parcel #: 22040234009

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9821.98
  • TaxExemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2023 03/02/23 Sold $280,000 -6.7% $43 / Sq Ft
01/04/2023 01/04/23 Price Changed $300,000 -7.7% $46 / Sq Ft
10/10/2022 10/10/22 Price Changed $324,900 -7.1% $50 / Sq Ft
09/08/2022 09/08/22 Price Changed $349,900 -9.1% $54 / Sq Ft
08/30/2022 08/30/22 For Sale $384,900 -- $59 / Sq Ft
Source: RMLS Alliance

Agents Affiliated with this Home

  • Cynthia Grady

    Seller's Agent in 2023

    Cynthia Grady

    The Real Estate Group, Inc.

    (217) 638-7653

    3 in this area

    379 Total Sales

    Cynthia Grady
    Section Image
  • Joshua Kruse

    Buyer's Agent in 2023

    Joshua Kruse

    The Real Estate Group, Inc.

    (217) 816-9405

    3 in this area

    227 Total Sales

    Joshua Kruse
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1017657

RMLS Alliance
Illinois Sangamon County Springfield 62703 Iles Park

1501 & 1505 S 5th St, Springfield, IL

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Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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