Sold321d on marketHistoric · 126 yrs
716 Black Ave
Springfield, IL, 62702 • Lincoln Park • Sangamon County
$100,000
$36/sqft
4Beds
4Baths
2,760Sqft
0.21 acLot
1900Built
Property DNA
Character Home
Built 1900 · 126 years of history
None
Lincoln Park
This home is in high demand
Listed 321 days ago · 2 views · 1 saves · Top 10% likely to sell soon
Market activity
Demand and pricing signals for this listing
2 views
People checking out this listing
1 saves
Buyers have saved this home
321 days on market
Established listing
$36/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 10% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1900 · Historic
This 4 unit property offers a lot of potential for an investor. Each unit has 1 bedroom and 1 full bathroom. Each unit also has a range/oven and refrigerator. 3/4 units are currently rented and the 4th should be soon. Tenants pay their own electric bill and the owner currently pays water/sewer bill from CWLP. The property is ran by a property management company that charges 10% of total rent. They have ran this property for many years and would continue to do so if the new owner would like. For additional information please contact Anthony Buscher.
Estimated monthly payment
Based on current rates
$652/month
Principal & Interest$519
Property Tax$100
Insurance$33
Down payment20% ($20,000)
3%50%
Est. 6.75% rate · 30yr fixed · $80,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1900
HeatingForced Air
Parking4 Open Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1900
Systems
HeatingForced Air
RoofShingle
ConstructionAluminum Siding, Wood Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Street
BasementUnfinished
Lot9,009 sqft
Location & Tax
NeighborhoodLincoln Park
Annual tax$1,775
Parcel14220331006
Features & details
6 categories of property features
Interior Features
Appliances
Range
Refrigerator
Water Heater
Heating
Forced Air
Laundry
None
Exterior Features
Parking
On Street
Construction
Aluminum Siding
Wood Siding
Lot Features
Level
Listing insights
Market data and value estimates
StatusSold
Days on market321
Est. value$103,200
Est. rent$1,234/mo
Tax rate1.98%
Price/sqft$36
On marketMar 8, 2025
PostedMar 8, 2025
Last sold$100,000
MLS updatedMay 22, 2025
Tour days6
Views2
Favorites1
How are the schools in Springfield?
3 schools rated nearby
Location
Springfield, IL, 62702
Price history
6 events
DateEventPrice$/sqftSource
May 20, 2025Sold$100,000$36RMLS Alliance as distributed by MLS GRID
Apr 11, 2025Pending Sale$100,000$36RMLS Alliance as distributed by MLS GRID
Apr 3, 2025Price Change$100,000$36RMLS Alliance as distributed by MLS GRID
Mar 14, 2025Pending Sale$115,000$42RMLS Alliance as distributed by MLS GRID
Mar 8, 2025Listed For Sale$115,000$42RMLS Alliance as distributed by MLS GRID
Jun 11, 2015Sold$59,000$21RMLS Alliance as distributed by MLS GRID
Sold$100,000
May 20, 2025•$36/sqft•RMLS Alliance as distributed by MLS GRID
Pending Sale$100,000
Apr 11, 2025•$36/sqft•RMLS Alliance as distributed by MLS GRID
Price Change$100,000
Apr 3, 2025•$36/sqft•RMLS Alliance as distributed by MLS GRID
Pending Sale$115,000
Mar 14, 2025•$42/sqft•RMLS Alliance as distributed by MLS GRID
Listed For Sale$115,000
Mar 8, 2025•$42/sqft•RMLS Alliance as distributed by MLS GRID
Sold$59,000
Jun 11, 2015•$21/sqft•RMLS Alliance as distributed by MLS GRID
Tax history
19 years of records
YearTax paidAssessed value
Apr 7, 2024$1,846$21,983
Apr 7, 2023$1,775$20,080
Apr 7, 2022$1,707$19,047
Apr 7, 2021$1,650$18,334
Apr 7, 2020$1,617$18,361
Apr 7, 2019$1,695$18,297
Apr 7, 2018$1,695$20,055
Apr 7, 2017$1,659$19,795
Apr 7, 2016$1,627$19,506
Apr 7, 2015$1,611$19,273
Apr 7, 2014$1,587$19,149
Apr 7, 2013$1,551$19,149
Apr 7, 2012$1,522$19,149
Apr 7, 2011$1,484$19,149
Apr 7, 2010$1,447$18,965
Apr 7, 2009$1,405$18,696
Apr 7, 2008$1,325$17,942
Apr 7, 2007$1,339$17,515
Apr 7, 2006$1,318$16,872
Nearby homes
Neighborhood details
Local context around this listing
Springfield, IL • Sangamon County
Nearby neighborhoods
DowntownEnos ParkHarvard ParkHistoric West SideIrisdaleKoke Mill EastOak RidgePillsburyVinegar HillWestchester
Nearby cities
AuburnChathamDivernonPawneePleasant PlainsRivertonRochesterSherman
Nearby zip codes
62701627026270362704627076271162712627136275662766
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Based on information submitted to the MLS GRID as of 2026-04-07 16:22:44 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#564)
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