Seller's Agent in 2022
Todd Smith
Todd P Smith Real Estate
(217) 441-8000
8 in this area
66 Total Sales
401 E Washington St Springfield, IL 62701
Downtown Springfield Neighborhood
Studio
--
Bath
24,000
Sq Ft
9,496
Sq Ft Lot
About This Home
As of November 2022FOR SALE or LEASE - Own a piece of History! Investment/Redevelopment Opportunity! Get in on the revitalization of Downtown Springfield, IL. In the last few years: 30 new businesses & nearly 200 new residential units have been/are being developed (source: DSI), Kidzeum of Health & Science Museum, Farmer's market, new parks and gathering spaces, & much more. Within 1 block; Farmer's Market, mass transit, Old State Capitol. Opportunity for a mixed-use project! See attached documents for potential residential redevelopment. Currently finished as office space throughout. Located in a TIF District. First floor is being offered at $9.50/sf Second floor is available for lease at $9.00/sf Tenant is responsible for telephone/wifi, internal janitorial
Last Agent to Sell the Property
Todd P Smith Real Estate License #471004523 Listed on: 03/01/2019
Property Details
Property Type
- Other
Est. Annual Taxes
- $15,813
Lot Details
- 9,496
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2019
Closed on
Nov 18, 2022
Sold by
Illinois Sheriffs Association
Bought by
University/Il Community Cu
Seller's Agent
Todd Smith
Todd P Smith Real Estate
Buyer's Agent
Todd Smith
Todd P Smith Real Estate
List Price
$1,200,000
Sold Price
$950,000
Premium/Discount to List
-$250,000
-20.83%
Purchase Details
Closed on
Apr 17, 2007
Purchase Details
Closed on
May 3, 2005
Purchase Details
Closed on
Feb 2, 2003
Purchase Details
Closed on
Feb 17, 1998
Purchase Details
Closed on
Feb 12, 1998
Purchase Details
Closed on
Dec 13, 1995
Purchase Details
Closed on
Dec 5, 1995
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| University/Il Community Cu | -- | None Listed On Document | |
| -- | -- | -- | |
| -- | -- | -- | |
| -- | $3,400,000 | -- | |
| -- | -- | -- | |
| -- | $250,000 | -- | |
| -- | -- | -- | |
| -- | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/18/2022 11/18/22 | Sold | $950,000 | 0.0% | $40 / Sq Ft | View Prior Sale |
| 11/18/2022 11/18/22 | Sold | $950,000 | -4.5% | $40 / Sq Ft | |
| 06/17/2021 06/17/21 | Price Changed | $995,000 | 0.0% | $41 / Sq Ft | |
| 06/17/2021 06/17/21 | Price Changed | $995,000 | -17.1% | $41 / Sq Ft | |
| 03/01/2019 03/01/19 | For Sale | $1,200,000 | -20.0% | $50 / Sq Ft | |
| 05/01/2018 05/01/18 | For Sale | $1,500,000 | -- | $63 / Sq Ft |
Source: RMLS Alliance
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 | -- | $0 | $0 | $0 |
| 2023 | -- | $0 | $0 | $0 |
| 2022 | $16,688 | $186,228 | $63,700 | $122,528 |
| 2021 | $16,135 | $179,255 | $61,315 | $117,940 |
| 2020 | $15,814 | $179,524 | $61,407 | $118,117 |
| 2019 | $22,328 | $257,369 | $61,193 | $196,176 |
| 2018 | $14,439 | $170,890 | $60,901 | $109,989 |
| 2017 | $14,140 | $168,681 | $60,114 | $108,567 |
| 2016 | $58,633 | $703,064 | $59,237 | $643,827 |
| 2015 | $58,064 | $694,659 | $58,529 | $636,130 |
| 2014 | $57,195 | $690,173 | $58,151 | $632,022 |
| 2013 | $55,919 | $690,173 | $58,151 | $632,022 |
Source: Public Records
Agents Affiliated with this Home
-
Todd Smith
Map
Source: RMLS Alliance
MLS Number: RMACA191279
APN: 14-27.0-360-029
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