15 days on rocket

718 S 7th St, Springfield, IL, 62703

$61,000

Home List Price

$724*

Closing Credit

1 Bedroom
1 Full Bath
691 SqFt
$88/SqFt
Condo
Schools Nearby

Location

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718 S 7th St, Springfield$61,000

Buyer Closing Credits

$724*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDetached, Guest Parking, Other, Parking Garage, Shared Access
Garage1 space
Year Built1958
HeatingForced Air, Central, Zoned
MLS #CA1029138
StatusActive

About 718 S 7th St

Absolutely immaculate 1BD 1BA 700 sqft downtown condo, with balcony-in Springfields iconic Town House Condominiums. Not a surface untouched, this unit is perfect in restoration and the details are immediately evident. Monthly $516 HOA fee covers all utilities, maintenance, 24 hr staff, on site parking, laundry, and storage, and basic cable. Valet service and/or underground parking are available for an additional fee-please check for any waitlist. Close to hospitals, the Capitol, tourist sites, dining, transit, and shopping. The Town House Condominiums are on the National Register for architectural signifigance in mid-20th century design. No pets. All residents are subject to credit and background check and board approval.

Property Details

Property Features

Property Information:

  • Year Built: 1958
  • Living Area: 691 SqFt

Listing Office:

  • Office Name: RE/MAX Professionals
  • Office Phone: (217) 899-7899
  • Listing Agent: Roni Mohan

Interior Features

Interior Information:

  • Appliances: Range, Oven, Refrigerator
  • Interior: Cable Available, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Guest Parking, Other, Parking Garage, Shared Access

Lot Features

Lot Information:

  • Lot: Other

Utilities

Utilities Information:

  • Heating: Forced Air, Central, Zoned

School Info

Assigned Schools Information:

  • Springfield High School, Public District Grades 9-12
  • Benjamin Franklin Middle School, Public District Grades 6-8
  • Elizabeth Graham Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: South on 7th to 718.

Price Information

Listing Price Info

Price Summary:

  • List Price: $61,000
  • Price Per SqFt: $88/SqFt

HOA Fees:

  • Amount: $516
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Springfield, IL.

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Springfield, IL

City

Med. Sold Price

$155.9K

Med. Price/SqFt

$100

Avg. Days On Market

12

# of Sold Homes

145

718 S 7th St vs Springfield

15 DAYS ON ROCKET

+3 Days

$61,000

-$94.9K Less

$88/SqFt

-$12 Less

KEY TAKEAWAY

This property is $94.9K less than the Median Sold Price and $12/SqFt less than other homes in Springfield, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #CA1029138

Listing Office:

  • Office Name: RE/MAX Professionals
  • Office Phone: (217) 899-7899
  • Listing Agent: Roni Mohan

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 12:50:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$888

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$249

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4308513
3
/10

  • Elizabeth Graham Elementary School

  • 900 W Edwards St

  • 1.10 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4308514
4
/10

  • Benjamin Franklin Middle School

  • 1200 Outer Park Dr

  • 1.98 miles

  • Public District Grades 6-8

High School

school-card-donut-4308515
5
/10

  • Springfield High School

  • 101 S Lewis St

  • 0.93 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,649. The majority of Springfield, IL residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 718 S 7th St

What is the listing price of this property?

The listing price of 718 S 7th St property is $61,000.

What type of property is this?

The property 718 S 7th St is a condo located in Springfield, Illinois, 62703.

Is this property for sale now?

Active Listing: 718 S 7th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 718 S 7th St are:
Elizabeth Graham Elementary School: GreatSchools Rating 3/10
Benjamin Franklin Middle School: GreatSchools Rating 4/10
Springfield High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 718 S 7th St has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 718 S 7th St is 691 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 718 S 7th St is 1958.

Rocket Homes›Illinois›Sangamon County›Springfield›62703›718 S 7th St

This home is located at 718 S 7th St in Springfield, IL and zip code 62703 in the Old Aristocracy Hill neighborhood. This 691 square foot home was built in 1958. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $61,000.

Over 62 listings were sold over their listed price in April 2024 in Springfield, IL. In the same period over 54 listings were sold below the listed price and 29 listings were sold for the listed price. Between March 2024 and April 2024, Springfield, IL real estate market has seen increase in the number of listings by 10.2%. The median list price of listings available in April 2024 was $155,921, while the average time on the real estate market was 12 days.

From Rocket Homes Real Estate and based on county public records data.

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