new - 3 days on rocket

2305 Cherry Hill Dr, Springfield, IL, 62704

$1,900,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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2305 Cherry Hill Dr, Springfield$1,900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAlley Access, On Street, Parking Pad
Year Built1976
HeatingForced Air, Central
BasementYes
MLS #CA1033102
StatusActive

About 2305 Cherry Hill Dr

This investment property includes two buildings, total 24 units, each with 12 fully remodeled units as of 2019. Located next to Hy-Vee and close to shopping, schools, and more, this is a highly desirable area for tenants. Each unit was updated with new HVAC, flooring, kitchens, bathrooms, paint, and more, making it an ideal addition to your portfolio. Square footage is deemed accurate but not warranted. Broker holds a share in this property. Don’t miss this opportunity—Schedule a viewing today!

Property Details

Property Features

Property Information:

  • Year Built: 1976

Listing Office:

  • Office Name: The Real Estate Group, Inc.
  • Office Phone: (847) 420-6588
  • Listing Agent: Xuna Hu

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Alley Access, On Street, Parking Pad

Lot Features

Lot Information:

  • Lot: Other

Utilities

Utilities Information:

  • Heating: Forced Air, Central

Other

Directions Information:

  • Directions: Outer park turn right to cherry hills rd, property is on the right side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,900,000
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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

$167.2K

Med. Price/SqFt

$104

Avg. Days On Market

21

# of Sold Homes

156

2305 Cherry Hill Dr vs Springfield

3 DAYS ON ROCKET

-18 Days

$1,900,000

+$1.7M More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price in Springfield, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #CA1033102

Listing Office:

  • Office Name: The Real Estate Group, Inc.
  • Office Phone: (847) 420-6588
  • Listing Agent: Xuna Hu

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: 11/17/2024, 12:20:52 PM 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

$9,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

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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.

Nearby Schools

school-card-donut-430943
6
/10

  • Butler Elementary School

  • 1701 S MacArthur Blvd

  • 0.59 miles

  • Public District Grades KG-5

school-card-donut-430944
4
/10

  • Black Hawk Elementary School

  • 2500 S College St

  • 0.91 miles

  • Public District Grades KG-5

school-card-donut-430945
6
/10

  • Sandburg Elementary School

  • 2051 Wabash Ave

  • 1.17 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,538. The most common annual income of people living in Springfield, IL is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Sangamon County›Springfield›62704›2305 Cherry Hill Dr

This home is located at 2305 Cherry Hill Dr in Springfield, IL and zip code 62704. This home was built in 1976. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $1,900,000.

While more than 46 listings in Springfield, IL in October 2024 were sold above asking price, there were more than 35 listings sold at asking price, and more than 75 were sold below. In October 2024 in Springfield, IL there were 6% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $167,290, while the average time on the real estate market was 21 days.

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

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