Seller's Agent in 2026
James Syed
Prime Real Estate and Property Management
(314) 732-5634
1 in this area
12 Total Sales
715 W Broadway St Sparta, IL 62286
5
Beds
3
Baths
--
Sq Ft
41,818
Sq Ft Lot
Highlights
- 0.96 Acre Lot
- Attached Garage
- Forced Air Heating and Cooling System
- Deck
- Cooling System Mounted To A Wall/Window
About This Home
As of January 2026HUGE Price Drop! Cash flow opportunity! This fully updated 4-unit property is located on a large parcel with two separate buildings. The property features:
Two 2-bedroom, 1-bath units rented at $900/month (tenant pays gas & electric)
One 1-bedroom, 1-bath unit rented at $900/month (all utilities included)
One studio unit rented at $750/month (all utilities included)
Landlord covers water, trash, and lawn care. With a total monthly income of $3,450, this property offers excellent potential for steady returns. Well-maintained and low-maintenance, it’s the perfect addition to your investment portfolio!
Last Agent to Sell the Property
Prime Real Estate and Property Management License #2024040387 Listed on: 12/20/2024
Last Buyer's Agent
Prime Real Estate and Property Management License #2024040387 Listed on: 12/20/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,716
Year Built
- Built in 1978
Lot Details
- 41,818 Sq Ft Lot
- Lot Dimensions are 120x146.5
Home Design
- Duplex
- Brick Exterior Construction
- Aluminum Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- Attached Garage
- Additional Parking
Outdoor Features
- Deck
Schools
- Sparta Dist 140 Elementary And Middle School
- Sparta High School
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heating System Powered By Owned Propane
- Propane Water Heater
- Septic Tank
Community Details
- 4 Units
- Net Operating Income $27,444
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Assessor Parcel Number 06-001-011-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2024
Closed on
Jan 14, 2026
Sold by
Lawless Dennis L
Bought by
Ross Jacob
Seller's Agent
James Syed
Prime Real Estate and Property Management
Buyer's Agent
James Syed
Prime Real Estate and Property Management
List Price
$249,900
Sold Price
$163,000
Premium/Discount to List
-$86,900
-34.77%
Views
197
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
267.68%
Original Mortgage
$160,047
Outstanding Balance
$159,916
Interest Rate
6.99%
Mortgage Type
FHA
Estimated Equity
$43,468
Purchase Details
Listed on
Sep 10, 2019
Closed on
Dec 23, 2019
Sold by
Reynolds Michael T and Reynolds Tamara L
Bought by
Lawless Dennis L
Seller's Agent
Bonnie Ripperda
Golden Key Realty
Buyer's Agent
Sharon Blackwell
Welcome Home Real Estate Llc
List Price
$132,000
Sold Price
$128,000
Premium/Discount to List
-$4,000
-3.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$125,681
Interest Rate
3.63%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 12, 2012
Sold by
Reynolds Michael T and Reynolds Tamara L
Bought by
Reynolds Michael T and Reynolds Tamara L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $163,000 | None Listed On Document | |
| Warranty Deed | $128,000 | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $160,047 | FHA | |
| Previous Owner | $125,681 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/14/2026 01/14/26 | Sold | $163,000 | -14.2% | -- | |
| 12/21/2025 12/21/25 | Pending | -- | -- | -- | |
| 08/10/2025 08/10/25 | Price Changed | $189,900 | -2.6% | -- | |
| 08/10/2025 08/10/25 | Price Changed | $194,900 | -4.9% | -- | |
| 06/17/2025 06/17/25 | Price Changed | $204,900 | -8.9% | -- | |
| 03/12/2025 03/12/25 | Price Changed | $225,000 | -6.2% | -- | |
| 02/28/2025 02/28/25 | Price Changed | $239,990 | -4.0% | -- | |
| 12/20/2024 12/20/24 | For Sale | $249,900 | +53.3% | -- | |
| 12/20/2024 12/20/24 | Off Market | $163,000 | -- | -- | |
| 12/23/2019 12/23/19 | Sold | $128,000 | -3.0% | $72 / Sq Ft | View Prior Sale |
| 10/31/2019 10/31/19 | For Sale | $132,000 | +3.1% | $75 / Sq Ft | |
| 10/18/2019 10/18/19 | Off Market | $128,000 | -- | -- | |
| 09/10/2019 09/10/19 | For Sale | $132,000 | -- | $75 / Sq Ft |
Source: MARIS MLS
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 | $3,848 | $51,925 | $10,300 | $41,625 |
| 2023 | $3,131 | $48,245 | $9,570 | $38,675 |
| 2022 | $2,858 | $44,560 | $2,885 | $41,675 |
| 2021 | $2,671 | $42,045 | $2,720 | $39,325 |
| 2020 | $2,500 | $43,059 | $2,788 | $40,271 |
| 2019 | $3,309 | $44,500 | $1,130 | $43,370 |
| 2018 | $3,322 | $49,061 | $1,246 | $47,815 |
| 2017 | $2,788 | $44,900 | $1,140 | $43,760 |
| 2016 | $3,038 | $43,270 | $1,100 | $42,170 |
| 2015 | $3,073 | $43,270 | $1,100 | $42,170 |
| 2014 | $3,073 | $44,115 | $1,120 | $42,995 |
| 2013 | $2,942 | $44,675 | $1,135 | $43,540 |
Source: Public Records
Agents Affiliated with this Home
-
James Syed
-
Bonnie Ripperda
Seller's Agent in 2019
Bonnie Ripperda
Golden Key Realty
(618) 298-8432
29 in this area
54 Total Sales
-
S
Buyer's Agent in 2019
Sharon Blackwell
Welcome Home Real Estate Llc
Map
Source: MARIS MLS
MLS Number: MIS24076948
APN: 06-001-011-00
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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