new - 3 days on rocket

541 E Black Ave, Springfield, IL, 61702

$499,000

Home List Price

$5,926*

Closing Credit

0 Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

541 E Black Ave, Springfield$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingDetached, Guest Parking, Parking Pad
Year Built1900
HeatingForced Air, Central, None
BasementYes
MLS #CA1033618
Lot Size1.80 Acres
StatusActive

About 541 E Black Ave

Imagine the possibilities!! This approx 15,000 sqft historic building is the birthplace of Marjorie Merriweather Post and was formerly used for over 100 years by The Kings Daughters Organization as a ladies dormitory. The building has 26 studio units (approx 538 sqft each) with full baths, a common area, a communal commercial kitchen, partial basement and elevator. 1.8 acre lot overlooks the Lincoln Park area neighborhood.Great proximity to downtown, the hospitals, the Brinkerhoff and Benedictine/Ursuline complex. New roof in 2022/23. Zoned R-3B.

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Elevator, Recreation Room

Exterior Features

Exterior Information:

  • Exterior: Rec Area

Parking Information:

  • Attached Garage: No
  • Parking: Detached, Guest Parking, Parking Pad

Lot Features

Lot Information:

  • Lot: Level, Sloped
  • Lot Size: 1.80 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Central, None

Other

Directions Information:

  • Directions: Black Avenue between North 5th Street and North 7th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Springfield, IL

City

Med. Sold Price

$169.9K

Med. Price/SqFt

$103

Avg. Days On Market

16

# of Sold Homes

128

541 E Black Ave vs Springfield

3 DAYS ON ROCKET

-13 Days

$499,000

+$329K More

KEY TAKEAWAY

This property is $329K 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: #CA1033618

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: 12/21/2024, 8:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - -

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

Powered By

Rocket Mortgage

Advertisement

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-777399
2
/10

  • Ridgely Elementary School

  • 2040 N 8th St

  • 0.47 miles

  • Public District Grades PK-5

school-card-donut-777400
5
/10

  • McClernand Elementary School

  • 801 N 6th St

  • 0.87 miles

  • Public District Grades KG-5

school-card-donut-777401
6
/10

  • Enos Elementary School

  • 524 W Elliott Ave

  • 0.95 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 $49,890. The most common annual income of people living in Springfield, IL is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Sangamon County›Springfield›61702›541 E Black Ave

This home is located at 541 E Black Ave in Springfield, IL and zip code 61702. This home, which was built in 1900, sits on a 1.80 acre lot. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $499,000.

In November 2024 more than 42 listings in Springfield, IL were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 61 were sold below. The inventory of homes for sale in Springfield, IL between October 2024 and November 2024 decreased by 6%. The median list price of listings available in November 2024 was $169,915, while the average time on the real estate market was 16 days.

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

More Resources