3 months on rocket

718 S 7th St # 703, Springfield, IL, 62703

$54,900

Home List Price

$652*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
881 SqFt
$62/SqFt
Condo

Location

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718 S 7th St # 703, Springfield$54,900

Buyer Closing Credits

$652*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGuest Parking, On Street, Other
Year Built1958
HeatingForced Air, Central
CoolingCeiling Fan(s)
MLS #CA1031748
StatusActive

About 718 S 7th St # 703

BACK ON THE MARKET THROUGH NO FAULT OF THE SELLER! Experience effortless and affordable living at one of Springfield’s premier addresses: The Town House Condominiums. As you enter through the meticulously renovated Mid-century modern lobby, you'll be greeted by a stunning marble staircase leading to your 2 bedroom 1.5 bathroom condo. One of the first things you notice as you enter your condo is the abundance of natural light as the opposite wall is almost completely filled with windows. The primary bedroom offers a panoramic view of Springfield. The HOA fee inclusions are simply unbeatable as they cover a range of services including utilities (water, sewer, gas, electric, trash), 24-hour security, basic cable, grounds maintenance, snow removal, on-site laundry, and secured access. Not only is there a beautiful common area, there is also a serene garden area, complete with seating, trees, fountains, and periodic musical events hosted by the HOA. Underground parking availability subject to current demand (extra fee). We can't forget to mention that this condo is conveniently located near hospitals, state offices, the Capitol, restaurants, nightlife, grocery stores, and transit. Springfield's Town House Condominium embodiment of style and convenience is so significant that it’s listed on the National Register of Architectural Significance. The seller is also selling the condo mostly furnished. Buyer must pass background check and have a credit score no lower than 700.

Property Details

Property Features

Property Information:

  • Year Built: 1958
  • Living Area: 881 SqFt

Listing Office:

  • Office Name: Campo Realty, Inc.
  • Office Phone: (217) 625-4663
  • Listing Agent: Nicholas Campo

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Oven, Refrigerator
  • Basement: No
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Guest Parking, On Street, Other

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Forced Air, Central
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: S on S 7th St., Building on corner of E Lawrence Ave. and S 7th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $54,900
  • Price Per SqFt: $62/SqFt

HOA Fees:

  • Amount: $738
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$169.9K

Med. Price/SqFt

$103

Avg. Days On Market

16

# of Sold Homes

128

718 S 7th St # 703 vs Springfield

92 DAYS ON ROCKET

+76 Days

$54,900

-$115K Less

$62/SqFt

-$42 Less

KEY TAKEAWAY

This property is $115K less than the Median Sold Price and $42/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: #CA1031748

Listing Office:

  • Office Name: Campo Realty, Inc.
  • Office Phone: (217) 625-4663
  • Listing Agent: Nicholas Campo

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: 12/11/2024, 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

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

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$231

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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-1727401
1
/10
  • Feitshans Elementary School

  • 1101 S 15th St

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-1727402
3
/10
  • Elizabeth Graham Elementary School

  • 900 W Edwards St

  • 1.10 miles

  • Public District Grades KG-5

school-card-donut-1727403
5
/10
  • McClernand Elementary School

  • 801 N 6th St

  • 1.12 miles

  • Public District Grades KG-5

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. Residents typically live in single, no kids family. 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 # 703

What is the listing price of this property?

The listing price of 718 S 7th St # 703 property is $54,900.

What type of property is this?

The property 718 S 7th St # 703 is a condo located in Springfield, Illinois, 62703.

Is this property for sale now?

Active Listing: 718 S 7th St # 703 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 718 S 7th St # 703 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 718 S 7th St # 703 is 881 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 718 S 7th St # 703 is 1958.

Rocket HomesIllinoisSangamon CountySpringfield62703718 S 7th St # 703

This home is located at 718 S 7th St # 703 in Springfield, IL and zip code 62703 in the Old Aristocracy Hill neighborhood. This 881 square foot home was built in 1958. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $54,900.

In November 2024, from all listings sold in Springfield, IL there were more than 42 sold above asking price, over 61 sold below and more than 25 were sold right at the asked price. 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.

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