2 months on rocket

619 S Walnut St, Springfield, IL, 62704

$640,000

Home List Price

$7,600*

Closing Credit

0 Baths
Multi

Location

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619 S Walnut St, Springfield$640,000

Buyer Closing Credits

$7,600*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingParking Pad
Year Built1940
HeatingElectric, Forced Air, Natural Gas, Central
BasementYes
MLS #CA1032150
StatusActive

About 619 S Walnut St

Investor ALERT!! This 12 unit complex has seen substantial updates to many of the units, but there is still time to put your personal touch on it! 11 Two bedroom units, and 1 One bedroom unit make up this centrally located mature Charmer. Currently just three units vacant, yet they are in the process of cleanup before placing the next lucky tenant. Most units have seen upgrades, some with full kitchen replacements, bathrooms replacements, Luxury Vinyl Plank span most of the units, and you will find updated fixtures spread throughout as well. The Full, unfinished basement offers a great opportunity to produce additional monthly income after the revitalization an existing laundry room, or even with the addition of private tenant storage! This property has a great amount of value to be added and offers the potential to produce thousands of dollars more each month. Don't miss your chance to build additional equity!

Property Details

Property Features

Property Information:

  • Year Built: 1940

Listing Office:

  • Office Name: The Real Estate Group, Inc.
  • Office Phone: (217) 787-7000
  • Listing Agent: Joshua Kruse

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Cable Available

Exterior Features

Parking Information:

  • Parking: Parking Pad

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Natural Gas, Central

Other

Directions Information:

  • Directions: West side of Walnut between Edwards & Lawrence

Price Information

Listing Price Info

Price Summary:

  • List Price: $640,000

Tax Information:

  • Annual Amount: $7,932
  • Tax Year: 2020
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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

$169.9K

Med. Price/SqFt

$103

Avg. Days On Market

16

# of Sold Homes

128

619 S Walnut St vs Springfield

86 DAYS ON ROCKET

+70 Days

$640,000

+$470K More

KEY TAKEAWAY

This property is $470K 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: #CA1032150

Listing Office:

  • Office Name: The Real Estate Group, Inc.
  • Office Phone: (217) 787-7000
  • Listing Agent: Joshua Kruse

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: 12/22/2024, 4:21:01 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$7,932$90,047
2019$8,398$89,733
2018$8,398$99,397
2017$8,224$98,112

History based on county public records data.

Payment Calculator

$3,262

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,985

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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-1017830
6
/10

  • Enos Elementary School

  • 524 W Elliott Ave

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-1017831
3
/10

  • Dubois Elementary School

  • 120 S Lincoln Ave

  • 0.72 miles

  • Public District Grades KG-5

school-card-donut-1017832
5
/10

  • McClernand Elementary School

  • 801 N 6th St

  • 0.84 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 $51,103. The majority of Springfield, IL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Sangamon County›Springfield›62704›619 S Walnut St

This home is located at 619 S Walnut St in Springfield, IL and zip code 62704 in the Oak Ridge neighborhood. This home was built in 1940. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $640,000.

While more than 42 listings in Springfield, IL in November 2024 were sold above asking price, there were more than 25 listings sold at asking price, and more than 61 were sold below. In November 2024 in Springfield, IL there were 6% less homes for sale than in October 2024. In November 2024, listings were on the market for 16 days. During the same period, the median list price in this real estate market was $169,915.

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

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