$800,000
SOLD APR 30, 2025

520 E South Grand Ave Unit 12 Springfield, IL 62704

12 Beds
-- Bath
7,692 Sq Ft
1931 Built

Recently Sold

$104 Per Sq Ft

6% Below List Price

45 Days on Market

Highlights

  • 12 Car Detached Garage
  • Two Heating Systems
  • Level Lot
  • Springfield High School Rated A-
  • High Speed Internet

About This Home

As of April 2025

There are 12- 1 bedroom furnished apartments in this building. A full basement with laundry machines.All units are furnished including living rooms, kitchens, bedrooms, and they have flat screen tvs too. All units have additional storage in the basement. 11 rent for 1100.00 per month excluding the property managers unit and it rents for 650.00 per month. Sellers expenses are as follows, 450.00 per month to CWLP, 450.00 a month to Ameren, 175.00 for trash removal, 300.00 per month for high speed internet, average 100.00 per month for lawn and snow removal. All units rent month to month. However you could convert to leases. There is a well maintained boiler system to heat and window units to cool. The roof was replaced 3 years ago. Do not know the age of the windows but they have been replaced. The building tends to be occupied by medical professionals and other state employees. Seller has owned the building for years. We have a few vacancies right now so we can show a few units. Call today. WE do need 48 hour notice to show.

Last Agent to Sell the Property

LORI WAGGENER

The Real Estate Group, Inc. Brokerage Phone: 217-341-6787 License #471010674 Listed on: 01/21/2025

The Real Estate Group, Inc.

Last Buyer's Agent

Debra Sarsany

The Real Estate Group, Inc. License #475118739

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • Level Lot

Parking

  • 12 Car Detached Garage

Home Design

  • Rubber Roof

Interior Spaces

  • 12 Bedrooms
  • 7,692 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Springfield District #186 High School

Utilities

  • Two Heating Systems
  • Wall Furnace
  • High Speed Internet

Community Details

  • Trash Expense $1,200

Listing and Financial Details

  • Assessor Parcel Number 22-03.0-101-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1931
  • New Construction: No
  • Structure Type: Apartment Building
  • PricePerSqFt: 104
  • Attribution Contact: Pref: 217-341-6787
  • Special Features: None

Interior Features

  • Basement: Full
  • Accessibility Features: Level
  • Total Bedrooms: 12
  • Interior Amenities: High Speed Internet

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Brick
  • Roof: Rubber
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Detached, Oversized
  • Total Parking Spaces: 12

Utilities

  • Heating: Heating Systems - 2+, Hot Water, Wall Unit(s)
  • Electric Expense: 2500
  • Water Sewer Expenses: 2000
  • Laundry Features: Owned Equipment
  • Water Source: Public Sewer, Public
  • GasExpense: 5000
  • NumberOfWaterHeaters: 3
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 1
  • NumberOfElectricMeters: 12
  • NumberofWaterMeters: 1
  • NumberOfRanges: 12
  • NumberofRefrigerators: 12
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfWindowUnits: 12

Condo/Co-op/Association

  • Senior Community: No
  • LawnSnowRemoval: 0

Fee Information

  • Trash Expense: 1200
  • AdvertisingExpense: 0
  • OtherExp1Description: internet

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 54 x 150 estimated
  • Parcel #: 22-03.0-101-009

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11132
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 13950
  • Annual Operating Expense: 39750

Range of Values:

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Sold Price
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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 Change Sq Ft Price
04/30/2025 04/30/25 Sold $800,000 -5.9% $104 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $849,900 +6.2% $110 / Sq Ft
02/27/2025 02/27/25 Off Market $800,000 -- --
01/21/2025 01/21/25 For Sale $849,900 -- $110 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • LORI WAGGENER

    Seller's Agent in 2025

    LORI WAGGENER

    The Real Estate Group, Inc.

    (217) 341-6787

    273 Total Sales

    Section Image
  • Debra Sarsany

    Buyer's Agent in 2025

    Debra Sarsany

    The Real Estate Group, Inc.

    (217) 313-0580

    684 Total Sales

    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1034003

RMLS Alliance

Illinois Sangamon County Springfield 62704

520 E South Grand Ave Unit 12, Springfield, IL

This home is located at 520 E South Grand Ave Unit 12, Springfield, IL 62704 and is currently priced at $800,000, approximately $104 per square foot. This property was built in 1931. 520 E South Grand Ave Unit 12 is a home located in Sangamon County with nearby schools including Butler Elementary School, Benjamin Franklin Middle School, and Springfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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