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2601 S Glenwood Avenue

Springfield, IL 62704
  • $600,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: CA1028690
UPDATED: 222 min ago
$600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Information

Description

Very unique property just off of the busy MacArthur Blvd, near by Wabash. Property offers 30 units including 2 houses, all utilities are separated, have very goof rental history. You have to see it to be able to appreciate it all. Some units currently rented and others need TLC. Perfect for someone looking to build sweat equity! Selling AS-IS, don't miss this great opportunity.

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© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2024-05-23T23:45:03.483.
www.kathygarst.com/homes/149824957
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2601 S Glenwood Avenue Springfield, IL 62704

  • Price: $600,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 222 min ago
  • ID#: CA1028690
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1950
Built
Neighborhood:
None
County:
Sangamon
Area:
Springfield
High School:
Springfield District #186
Property Description
Very unique property just off of the busy MacArthur Blvd, near by Wabash. Property offers 30 units including 2 houses, all utilities are separated, have very goof rental history. You have to see it to be able to appreciate it all. Some units currently rented and others need TLC. Perfect for someone looking to build sweat equity! Selling AS-IS, don't miss this great opportunity.
Exterior Features

Construction Materials StuccoVinyl SidingWood Siding Parking Features Parking Garage Parking Total 32 Road Surface Type OtherPavedPrivate Road Roof Shingle

Interior Features

Basement PartialUnfinished Building Area Total 32000 Heating ElectricForced AirGasHot WaterCentral AirGas Water HeaterWindow Unit(s) Interior Features Storage Laundry Features Other Number Of Central Air Units 0 Number Of Electric Meters 30 Number Of Gas Meters 30 Number Of Heating Units 30 Number Of Water Heaters 30

Property Features

100 Year Plain Unknown Additional Parcels Description 22-09.0-102-021 Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventionalOther Gross Income 254820 Gross Scheduled Income 254820 Insurance Expense 0 Lease Term Month To Month Lot Features LevelOther Lot Size Dimensions IRREGULAR Manager On Site YN No Net Operating Income 248569 New Construction YN No Number Of Water Meters 30 Operating Expense 0 Repossessed No Structure Type Two or More StoryApartment Building Tax Annual Amount 6251.4 Tax Legal Description Lots 121122123 & 124 Belmont Sub (22000 Sq Ft) 9-15-5 Tax Year 2022 Tenant Pays Gas & ElectricSewerWater Trash Expense 0 Type Residential Income Virtually Stage YN No Water Source Public SewerPublic

Listing provided courtesy of David Zhang of The Real Estate Group, Inc.: Pref: 217-836-8586.
© 2024 RMLS Alliance, LLC. All Rights Reserved.


© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2024-05-23T23:45:03.483.
 
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Kathy Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711