$610,000
SOLD MAR 3, 2022

2309 W Lawrence Ave Springfield, IL 62704

8 Beds
4 Baths
10,800 Sq Ft
1.07 Acres

Recently Sold

$56 Per Sq Ft

About This Home

As of March 2022

Nice apartment complex on westside of town close to restaurants, offices, and shopping. All brick structure and long time tenants. Property well-maintained over the year and updated as needed. Tenant pays for electric and gas, owner pays for water and trash.

Last Agent to Sell the Property

Jerry George

The Real Estate Group, Inc. License #475159363 Listed on: 02/11/2022

The Real Estate Group, Inc.

Last Buyer's Agent

Xuna Hu

The Real Estate Group, Inc. License #475189041

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,066

Schools

  • Springfield District #186 High School

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,066

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story | Apartment Building
  • Legal Description: Charles S Wanless Kno Knolls Sub Lots 41 & 40 & Lot 45 Ex E 120'
  • Lvt Date: 02/11/2022
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available, Hi-Speed Internet Availbl
  • Number Dish Washers: 12
  • Number Dryers: 4
  • Number of Ranges: 12
  • Number Refrigerators: 12
  • Number Washers: 4
  • Basement: Unfinished
  • Price Per Sq Ft: 56.48
  • Total Sq Ft: 10800

Exterior Features

  • Exterior: Brick
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Guest Parking, Parking Slab, Assigned
  • Number Parking Spaces: 12

Utilities

  • Heating Cooling: Forced Air, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 2000
  • Laundry Facilities: Common

Schools

  • High School: Springfield District #186
  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: irregular
  • Estimated Number of Acres: 1.07
  • Lot Description: Corner, Level
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Lease Information: Various Terms
  • Management Expense: 7800

Tax Info

  • Annual Taxes: 13065.56
  • Parcel Id Number Tax Id: 14-31.0-280-018
  • Tax Year: 2020

Multi Family

  • Total Number Units: 12
  • Gross Annual Income: 93600
  • Total Number Central Air Units: 12
  • Total Number Electric Meters: 12
  • Total Number Gas Meters: 12
  • Total Number Heating Units: 12
  • Total Number Water Heaters: 12
  • Total Number Water Meters: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 3, 2022
Sold by
D Gray Properties Llc
Bought by
Ni A Wong Corporation
Seller's Agent
Jerry George
The Real Estate Group, Inc.
Buyer's Agent
Xuna Hu
The Real Estate Group, Inc.
List Price
$610,000
Sold Price
$610,000
Total Days on Market
0

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$488,000
Outstanding Balance
$352,436
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$334,808

Purchase Details

Closed on
Sep 12, 2018
Sold by
Gray Jr Don J and Gray Katy M
Bought by
D Gray Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2011

Purchase Details

Closed on
Jul 29, 2011

Purchase Details

Closed on
Sep 21, 2010

Purchase Details

Closed on
Sep 14, 2001

Purchase Details

Closed on
Jul 30, 2001
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $610,000 None Listed On Document
Quit Claim Deed -- Mays Walden & Anastas Pc
Deed $405,000 --
Deed -- --
Deed -- --
Deed $320,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $488,000 New Conventional
Previous Owner $404,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $950,000 +55.7% $88 / Sq Ft
03/03/2022 03/03/22 Sold $610,000 0.0% $56 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $610,000 -- $56 / 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 $17,672 $210,397 $30,664 $179,733
2023 $16,991 $192,179 $28,009 $164,170
2022 $16,336 $182,298 $26,569 $155,729
2021 $13,331 $148,102 $25,574 $122,528
2020 $13,066 $148,324 $25,612 $122,712
2019 $12,823 $147,807 $25,523 $122,284
2018 $12,091 $143,108 $25,428 $117,680
2017 $11,841 $141,257 $25,099 $116,158
2016 $11,608 $139,197 $24,733 $114,464
2015 $11,496 $137,533 $24,437 $113,096
2014 $11,324 $136,645 $24,279 $112,366
2013 $11,071 $136,645 $24,279 $112,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1012393

RMLS Alliance

APN: 14-31.0-280-018