824 E Ridgely Ave Springfield, IL 62702
North End Association Take Two NeighborhoodEstimated payment $2,730/month
Highlights
- Forced Air Heating and Cooling System
- Level Lot
- Wood Siding
About This Home
This 4,500 Square Foot, Six unit apartment building offers an outstanding investment opportunity with a variety of recent upgrades. The building itself, has undergone significant updating, including a new roof and all new siding in 2021. All six units have been renovated. With updates like multiple new HVAC systems and water heaters. the sale also includes an additional parcel to the west, with the potential to rebuild another six-unit structure on the site where a previous building stood. Prospective buyers should explore grant programs that may support this rebuilding opportunity, adding further value to the property. This is an ideal opportunity for investors looking for a property with minimal initial maintenance and significant growth potential. "Professional photography was taken prior to units being occupied"
Listing Agent
The Real Estate Group, Inc. Brokerage Phone: 217-741-4040 License #475109198 Listed on: 05/01/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,159
Year Built
- Built in 1993
Lot Details
- Lot Dimensions are 150 x 61
- Level Lot
Home Design
- Shingle Roof
- Wood Siding
Interior Spaces
- 8 Bedrooms
- 2,752 Sq Ft Home
- Crawl Space
Parking
- 6 Parking Spaces
- Assigned Parking
Schools
- Springfield District #186 High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- Trash Expense $1,680
Listing and Financial Details
- Assessor Parcel Number 14-22.0-401-019
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,927 | $82,470 | $7,232 | $75,238 |
| 2023 | $5,867 | $66,363 | $6,606 | $59,757 |
| 2022 | $5,446 | $60,770 | $6,266 | $54,504 |
| 2021 | $5,265 | $58,494 | $6,031 | $52,463 |
| 2020 | $5,160 | $58,582 | $6,040 | $52,542 |
| 2019 | $5,065 | $58,378 | $6,019 | $52,359 |
| 2018 | $5,487 | $64,944 | $6,000 | $58,944 |
| 2017 | $5,374 | $64,104 | $5,922 | $58,182 |
| 2016 | $5,268 | $63,169 | $5,836 | $57,333 |
| 2015 | $5,217 | $62,414 | $5,766 | $56,648 |
| 2014 | $5,139 | $62,011 | $5,729 | $56,282 |
| 2013 | $5,024 | $62,011 | $5,729 | $56,282 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/01/2026 05/01/26 | For Sale | $399,900 | +10.2% | $145 / Sq Ft | |
| 12/20/2024 12/20/24 | Sold | $363,000 | -1.9% | $81 / Sq Ft | View Prior Sale |
| 10/08/2024 10/08/24 | Pending | -- | -- | -- | |
| 10/04/2024 10/04/24 | Price Changed | $370,000 | +80.5% | $82 / Sq Ft | |
| 10/04/2024 10/04/24 | For Sale | $205,000 | 0.0% | $46 / Sq Ft | |
| 03/18/2021 03/18/21 | Sold | $205,000 | 0.0% | $74 / Sq Ft | View Prior Sale |
| 01/28/2021 01/28/21 | Pending | -- | -- | -- | |
| 01/28/2021 01/28/21 | For Sale | $205,000 | -- | $74 / Sq Ft |
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 | $363,000 | None Listed On Document | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $205,000 | Cornerstone Title | |
| Warranty Deed | $205,000 | Cornerstone Title | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $293,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | $210,000 | New Conventional | |
| Previous Owner | $171,833 | No Value Available | |
| Previous Owner | $212,000 | New Conventional |
Source: RMLS Alliance
MLS Number: CA1043403
APN: 14-22.0-401-019
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Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.