Available
$20,000(ARV: $120,000)17% of ARV

Sangamon County, Springfield, IL 62702

3 bd2 ba1,436 sfBuilt 1911

1 day ago

Gross spread$100,000

Description

Looking for your next investment opportunity in Springfield, Illinois? Here's a property worth adding to your list! This 3-bedroom, 2-bathroom property offers a versatile layout with potential for investors looking to renovate, build equity, and explore multiple exit strategies. THE INVESTMENT POTENTIAL Whether you're an experienced flipper looking for your next project or a landlord searching for a property to add to your portfolio, this property offers an opportunity to explore different investment strategies. Investors can evaluate the potential to modernize the interior, improve the property's overall appeal, and maximize its value through a well-planned renovation. The 3-bedroom, 2-bathroom configuration also provides flexibility when assessing potential resale or rental demand.

$/sqft vs market

This deal$14/sqft
Market median$75/sqft
Difference−81% below

Median of 10 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,436
Lot size6,490 sf
Year built1911
ConditionMajor Repair
OccupancyVacant
ParkingAssigned

Systems & condition

Roof age11-20 yrs
HeatingFurnace · 11-20 yrs
Air conditioningCentral AC
FoundationFull basement
Foundation conditionGood

Self-reported by the seller. Not inspected.

Property information

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