Al Lenkaitis
Four Ways Realty
(618) 297-8563
78 Total Sales
1 in Sparta
$151,500 Price
715 W Broadway St Sparta, IL 62286
Sparta Area
5
Beds
3
Baths
--
Sq Ft
0.96
Acre Lot
Highlights
- 0.96 Acre Lot
- Attached Garage
- Forced Air Heating and Cooling System
- Deck
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 #471.018522 Listed on: 12/20/2024
Last Buyer's Agent
Prime Real Estate and Property Management License #471.018522 Listed on: 12/20/2024
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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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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
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
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,352
Avg. Annual Appreciation
8.90%
Original Mortgage
$160,047
Outstanding Balance
$159,382
Interest Rate
6.99%
Mortgage Type
FHA
Estimated Equity
$12,756
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4%
Mortgage Type
Credit Line Revolving
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Sparta, IL
-
Al Lenkaitis
-
Robin Bert
Robin Bert
Worth Clark Realty
(573) 250-8011
203 Total Sales
13 in Sparta
$40K - $260K Price Range
-
Jayci Hilt
Jayci Hilt
Property Peddler, Inc
(618) 361-5251
27 Total Sales
1 in Sparta
$190,000 Price
-
Nona Shaw
Nona Shaw
Tri County Realty, Inc
(618) 300-5563
66 Total Sales
17 in Sparta
$9K - $232K Price Range
-
Angela Judd Uram
Angela Judd Uram
Coldwell Banker Brown Realtors
(618) 216-6720
303 Total Sales
1 in Sparta
$350,000 Price
-
Connie Stellhorn-Schanter
Connie Stellhorn-Schanter
Responds QuicklyStellhorn Realty, Inc.
(618) 496-6436
48 Total Sales
2 in Sparta
$40K - $103K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $160,047 | FHA | |
| Previous Owner | $125,681 | FHA | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $25,000 | Unknown |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,848 | $55,475 | $11,005 | $44,470 |
| 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
Seller's Agent in 2026
James Syed
Prime Real Estate and Property Management
(314) 732-5634
11 Total Sales
-
Bonnie Ripperda
Seller's Agent in 2019
Bonnie Ripperda
Golden Key Realty
(618) 298-8432
58 Total Sales
-
SB
Buyer's Agent in 2019
Sharon Blackwell
Welcome Home Real Estate Llc
Map
Source: MARIS MLS
MLS Number: MIS24076948
APN: 06-001-011-00
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.
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.
Listings courtesy of MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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