NOT LISTED FOR SALE

909 Chatham Rd Springfield, IL 62704

Pasfield Park Place Neighborhood

Estimated Value: $6,141,080

4 Beds
2 Baths
48,470 Sq Ft
$127/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $4,800,000 $99 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $40,912/month

About This Home

As of December 2021

MULTIPLE APARTMENT BUILDINGS. 62 UNITS TOTAL. 8 ARE ONE BEDROOM UNITS AND THE REST ARE 2 BEDROOMS. ALL TENANTS PAY THEIR OWN UTILITIES.

Last Agent to Sell the Property

Kyle Killebrew

The Real Estate Group, Inc. License #475109198 Listed on: 10/11/2021

The Real Estate Group, Inc.

Last Buyer's Agent

Jerry George

The Real Estate Group, Inc. License #475159363

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $58,245

Year Built

  • Built in 1949

Lot Details

  • 5.16

Schools

  • Springfield District #186 High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$58,245

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: E Pt Nw Sw 32-16-5
  • Lvt Date: 10/11/2021
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number Dryers: 56
  • Number of Ranges: 62
  • Number Refrigerators: 62
  • Number Washers: 56
  • Price Per Sq Ft: 99.03
  • Total Sq Ft: 48470

Exterior Features

  • Exterior: Brick
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached, Detached
  • Number Parking Spaces: 62

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Gas Expense: 42000
  • Laundry Facilities: Owned Equipment

Schools

  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: Irreg.
  • Lot Description: Level
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Tenant Pays: All Utilities
  • Lease Information: 1 Year, Various Terms
  • Management Expense: 30000

Tax Info

  • Annual Taxes: 58245
  • Parcel Id Number Tax Id: 14-32.0-304-028
  • Tax Year: 2020

Multi Family

  • Total Number Units: 62
  • Gross Annual Income: 582903
  • Total Number Central Air Units: 62
  • Total Number Electric Meters: 62
  • Total Number Gas Meters: 62
  • Total Number Heating Units: 62
  • Total Number Water Heaters: 62
  • Total Number Water Meters: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Dec 17, 2021
Sold by
Dullenty Maurice B and Dullenty Janice E
Bought by
Red Bird Capital Group Llc Series 1
Seller's Agent
Kyle Killebrew
The Real Estate Group, Inc.
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$5,000,000
Sold Price
$4,800,000
Premium/Discount to List
-$200,000
-4%
Current Estimated Value
$6,141,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,341,080
Avg. Annual Appreciation
6.34%
Original Mortgage
$3,840,000
Outstanding Balance
$3,525,601
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$2,615,479
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 Buyer Sale Price Title Company
Red Bird Capital Group Llc Series 1 $4,800,000 Barber Segatto Hoffee Wilke &
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Red Bird Capital Group Llc Series 1 $3,840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $4,800,000 -4.0% $99 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $5,000,000 -- $103 / 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 $103,693 $1,234,517 $194,916 $1,039,601
2023 $99,694 $1,127,619 $178,038 $949,581
2022 $61,463 $685,905 $168,885 $517,020
2021 $59,426 $660,222 $162,561 $497,661
2020 $58,245 $661,214 $162,805 $498,409
2019 $57,164 $658,908 $162,237 $496,671
2018 $59,901 $708,952 $161,105 $547,847
2017 $58,660 $699,785 $159,022 $540,763
2016 $57,508 $689,579 $156,703 $532,876
2015 $56,951 $681,335 $154,830 $526,505
2014 $56,098 $676,935 $153,830 $523,105
2013 $54,846 $676,935 $153,830 $523,105
Source: Public Records

Agents Affiliated with this Home

  • Kyle Killebrew

    Seller's Agent in 2021

    Kyle Killebrew

    The Real Estate Group, Inc.

    (217) 321-8210

    78 in this area

    1,991 Total Sales

    Kyle Killebrew
    Section Image
  • Jerry George

    Buyer's Agent in 2021

    Jerry George

    The Real Estate Group, Inc.

    (217) 638-1360

    45 in this area

    884 Total Sales

    Jerry George
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1010522

RMLS Alliance

APN: 14-32.0-304-028

Illinois Sangamon County Springfield 62704 Pasfield Park Place

909 Chatham Rd, Springfield, IL

Not Listed for Sale

MultiFamily

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