$200,000
SOLD APR 1, 2025

543 S Douglas Ave Springfield, IL 62704

Historic West Side Neighborhood
6 Beds
-- Bath
2,584 Sq Ft
6,055 Sq Ft Lot

Recently Sold

$77 Per Sq Ft

5% Below List Price

3 Days on Market

Highlights

  • Forced Air Heating System
  • Springfield High School Rated A-
  • Level Lot

About This Home

As of April 2025

Exceptional Investment Opportunity – Fully Rented All-Brick Duplex Seize this prime investment opportunity with a fully rented, all-brick duplex offering strong cash flow and long-term value. Each unit features three bedrooms, one bathroom, and a full basement, providing ample space and functionality for tenants. Key updates include a newer roof (2015), beautifully refurbished hardwood floors, and modernized appliances, ensuring low maintenance and tenant satisfaction. This two-story property is an excellent addition to any investment portfolio, offering consistent rental income and strong appreciation potential. Don’t miss out on this turnkey investment—secure your next income-generating property today!

Last Agent to Sell the Property

Mike McGee

Sangamon Property Group, LLC Brokerage Email: mikemcgeehomes@gmail.com License #475155998 Listed on: 03/06/2025

Last Buyer's Agent

Edward Bowen

Keller Williams Capital License #475130058

Keller Williams Capital

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,311

Year Built

  • Built in 1931

Lot Details

  • Lot Dimensions are 48.75 x 124.38
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 6 Bedrooms
  • 2,584 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • On-Street Parking
  • Assigned Parking

Schools

  • Dubois Elementary School
  • Grant/Lincoln Middle School
  • Springfield High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Gas

Community Details

  • Trash Expense $335

Listing and Financial Details

  • Assessor Parcel Number 14-33.0-152-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,311

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: Two or More Story, Duplex
  • Attribution Contact: mikemcgeehomes@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Full, Unfinished
  • Total Bedrooms: 6

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Brick
  • Foundation Details: Brick
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Assigned, On Street
  • Total Parking Spaces: 1

Utilities

  • Heating: Forced Air, Gas, Window Unit(s)
  • Laundry Features: Common Area
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfDishwashers: 1
  • NumberOfWindowUnits: 6

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 335
  • AdvertisingExpense: 0

Schools

  • Elementary School: Dubois
  • High School: Springfield
  • Middle Or Junior School: Grant/Lincoln

Lot Info

  • Lot Size: 48.75 x 124.38
  • Parcel #: 14-33.0-152-018

Rental Info

  • Lease Term: One Year or Less

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3311
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
Apr 1, 2025
Sold by
Langdon Patrick J
Bought by
Cvh Holdings Llc
Seller's Agent
Mike McGee
Sangamon Property Group, LLC
Buyer's Agent
Edward Bowen
Keller Williams Capital
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%
Views
45
Current Estimated Value
$205,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,113
Avg. Annual Appreciation
3.38%
Original Mortgage
$160,000
Outstanding Balance
$143,720
Interest Rate
6.04%
Mortgage Type
New Conventional
Estimated Equity
$61,393

Purchase Details

Listed on
Oct 21, 2014
Closed on
Apr 9, 2015
Seller's Agent
Ronald Duff
RE/MAX Professionals
Buyer's Agent
ANTHONY BUSCHER
The Real Estate Group, Inc.
List Price
$120,000
Sold Price
$109,000
Premium/Discount to List
-$11,000
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
May 31, 2006

Purchase Details

Closed on
Mar 4, 2003
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $200,000 None Listed On Document
Deed $109,000 --
Deed $75,000 --
Deed $82,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2025 04/01/25 Sold $200,000 -4.8% $77 / Sq Ft
03/09/2025 03/09/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $210,000 +92.7% $81 / Sq Ft
04/09/2015 04/09/15 Sold $109,000 -9.2% $43 / Sq Ft View Prior Sale
02/23/2015 02/23/15 Pending -- -- --
10/21/2014 10/21/14 For Sale $120,000 -- $48 / 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 $3,444 $41,001 $5,769 $35,232
2023 $3,311 $37,450 $5,269 $32,181
2022 $3,183 $35,524 $4,998 $30,526
2021 $3,078 $34,194 $4,811 $29,383
2020 $2,488 $34,245 $4,818 $29,427
2019 $2,440 $34,125 $4,801 $29,324
2018 $2,362 $33,959 $4,778 $29,181
2017 $2,688 $34,453 $4,716 $29,737
2016 $2,831 $33,950 $4,647 $29,303
2015 $2,302 $33,544 $4,591 $28,953
2014 $2,265 $33,327 $4,561 $28,766
2013 $2,214 $33,327 $4,561 $28,766
Source: Public Records

Agents Affiliated with this Home

  • Mike McGee

    Seller's Agent in 2025

    Mike McGee

    Sangamon Property Group, LLC

    (217) 553-6954

    14 in this area

    144 Total Sales

    Mike McGee
    Section Image
  • Edward Bowen

    Buyer's Agent in 2025

    Edward Bowen

    Keller Williams Capital

    (217) 414-3509

    10 in this area

    87 Total Sales

    Edward Bowen
    Section Image
  • Ronald Duff

    Seller's Agent in 2015

    Ronald Duff

    RE/MAX Professionals

    (217) 652-6025

    2 in this area

    71 Total Sales

    Ronald Duff
    Section Image
  • ANTHONY BUSCHER

    Buyer's Agent in 2015

    ANTHONY BUSCHER

    The Real Estate Group, Inc.

    (217) 801-0740

    1 Total Sale

    ANTHONY BUSCHER
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1034824

RMLS Alliance

APN: 14-33.0-152-018

Illinois Sangamon County Springfield 62704 Historic West Side

543 S Douglas Ave, Springfield, IL

Sold

MultiFamily

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