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1300 N Grand Avenue West 1300 N Grand Ave W

10 Unit Apartment Building $650,000 ($65,000/Unit) Springfield, IL 62702

Investment Highlights

  • Updated fixtures, flooring, and appliances
  • Spacious living area
  • Easy access to shopping centers, restaurants, schools, parks

Executive Summary

Welcome to 1300 North Grand Avenue, West Springfield, IL 62702, a charming ten-unit apartment complex offering spacious living in a convenient location. This all-brick building boasts ten meticulously designed units, each offering two bedrooms and one bath, ideal for both individuals and small families seeking comfort and convenience. Step inside any of these units, and you'll be greeted by modern interiors featuring sleek finishes and contemporary amenities. With an all-electric setup with central air and no natural gas service, residents enjoy energy-efficient living while minimizing environmental impact. Renovated to perfection, almost all units showcase updated fixtures, flooring, and appliances, ensuring a fresh and inviting atmosphere for every resident. Whether you're cooking up a storm in the well-appointed kitchen or unwinding in the spacious living area, each unit offers a cozy retreat to call home. This apartment complex offers easy access to a plethora of amenities, including shopping centers, restaurants, schools, and parks.

Property Facts

Price $650,000
Price Per Unit $65,000
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.48 AC
Building Size 8,500 SF
Average Occupancy 50%
No. Stories 2
Year Built/Renovated 1980/2010
Parking Ratio 1.64/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 10 $775.00 700 - 950

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-29.0-227-007
Land Assessment
$6,041
Improvements Assessment
$129,909
Total Assessment
$135,950
  • Listing ID: 31112615

  • Date on Market: 3/4/2024

  • Last Updated:

  • Address: 1300 N Grand Ave W, Springfield, IL 62702

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