3 months on rocket

537 N Grand Ave, Springfield, IL, 62702

$99,000

Home List Price

$1,176*

Closing Credit

0 Baths
Multi

Location

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537 N Grand Ave, Springfield$99,000

Buyer Closing Credits

$1,176*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOther
HeatingElectric, Natural Gas, Other
BasementYes
MLS #CA1030989
StatusActive

About 537 N Grand Ave

Great investment opportunity just a couple blocks from the medical district. Both units are 2 bedrooms, 1 bath. New roof in 2023, replacement windows, updated flooring, new paint, new gutters. Both units are occupied - $815 a month leased until 1/5/25; $700 a month - lease expired on 6/15/24 and currently month to month. Owner pays for water, trash and mowing.

Property Details

Property Features

Listing Office:

  • Office Name: The Real Estate Group, Inc.
  • Office Phone: (217) 691-1701
  • Listing Agent: Megan Nika

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Other

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Other

Other

Directions Information:

  • Directions: N Walnut Street, E on North Grand

Price Information

Listing Price Info

Price Summary:

  • List Price: $99,000
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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

537 N Grand Ave vs Springfield

102 DAYS ON ROCKET

+81 Days

$99,000

-$68.2K Less

KEY TAKEAWAY

This property is $68.2K less 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: #CA1030989

Listing Office:

  • Office Name: The Real Estate Group, Inc.
  • Office Phone: (217) 691-1701
  • Listing Agent: Megan Nika

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, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$363

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NMLS#3030

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-498951
6
/10

  • Enos Elementary School

  • 524 W Elliott Ave

  • 0.17 miles

  • Public District Grades KG-5

school-card-donut-498952
5
/10

  • McClernand Elementary School

  • 801 N 6th St

  • 0.78 miles

  • Public District Grades KG-5

school-card-donut-498953
2
/10

  • Ridgely Elementary School

  • 2040 N 8th St

  • 1.24 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,522. The most common annual income of people living in Springfield, IL is between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Sangamon County›Springfield›62702›537 N Grand Ave

This home is located at 537 N Grand Ave in Springfield, IL and zip code 62702 in the Oak Ridge neighborhood. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $99,000.

Over 46 listings were sold over their listed price in October 2024 in Springfield, IL. In the same period over 75 listings were sold below the listed price and 35 listings were sold for the listed price. Between September 2024 and October 2024, Springfield, IL real estate market has seen decrease in the number of listings by 6%. 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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