3100 Butler St Unit 1833 Springfield, IL 62703
Estimated payment $13,151/month
Highlights
- Guest Parking
- Level Lot
- 4-minute walk to Kiwanis Park
- Forced Air Heating and Cooling System
About This Home
Don’t miss this rare opportunity to own a turnkey 36-unit multifamily property located in Springfield’s desirable south end. This well-maintained complex offers a strong rental history with 95% occupancy of two bed 1 bath units making it ideal for long-term stability and consistent income. Recent capital improvements, on-site parking, and professional management in place provide ease of ownership for investors. The property sits in a high-demand rental corridor, close to major employers, shopping, dining, and transportation routes. With market rents and low vacancy, this asset is positioned for immediate returns and future upside potential. Showings require 24 hour notice and the listing agent present.
Listing Agent
Wiese Properties Powered By Keller Williams License #475199673 Listed on: 06/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $38,000
Year Built
- Built in 1978
Lot Details
- 2 Acre Lot
- Level Lot
Home Design
- 36,828 Sq Ft Home
- Rubber Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- 50 Parking Spaces
- Guest Parking
Schools
- Springfield District #186 High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- Springfield Subdivision
Listing and Financial Details
- Assessor Parcel Number 22-11.0-329-020
Map
Home Values in the Area
Average Home Value in this Area
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 | $38,213 | $454,940 | $42,267 | $412,673 |
| 2023 | $28,144 | $318,336 | $38,607 | $279,729 |
| 2022 | $14,784 | $164,986 | $36,622 | $128,364 |
| 2021 | $14,294 | $158,809 | $35,251 | $123,558 |
| 2020 | $14,010 | $159,048 | $35,304 | $123,744 |
| 2019 | $13,886 | $160,059 | $35,181 | $124,878 |
| 2018 | $28,167 | $333,366 | $35,110 | $298,256 |
| 2017 | $27,583 | $329,055 | $34,656 | $294,399 |
| 2016 | $27,042 | $324,256 | $34,151 | $290,105 |
| 2015 | $26,780 | $320,380 | $33,743 | $286,637 |
| 2014 | $26,378 | $318,311 | $33,525 | $284,786 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/15/2025 09/15/25 | Pending | -- | -- | -- |
| 07/17/2025 07/17/25 | Price Changed | $1,900,000 | -18.8% | $52 / Sq Ft |
| 06/20/2025 06/20/25 | For Sale | $2,340,000 | -- | $64 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,550,000 | None Listed On Document | |
| Warranty Deed | $675,000 | Prairie Land Title | |
| Warranty Deed | $675,000 | Prairie Land Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,111,000 | New Conventional | |
| Previous Owner | $752,985 | New Conventional | |
| Previous Owner | $752,985 | New Conventional |
Source: RMLS Alliance
MLS Number: CA1037328
APN: 22-11.0-329-020
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