Multi-Family for Sale: 715 W Broadway, Sparta, IL 62288

$249,900
$249,900
715 W Broadway, Sparta, IL 62288
$249,900
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Price:
$249,900
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Lot Size 0.96 acres
Year Built 1978
Assoc Fee Paid None
Taxes Paid $2,716
City Sparta
County Randolph-IL
School District SPARTA DIST 140
Subdivision NOT IN A SUBDIVISION
MLS 24076948
Status Active
DOM 2 days
Fantastic cash flow opportunity! This fully updated 4-unit property is located on a large parcel with two separate buildings. The property features: Two 2-bedroom, 1-bath units rented at $900/month (tenant pays gas & electric) One 1-bedroom, 1-bath unit rented at $900/month (all utilities included) One studio unit rented at $750/month (all utilities included) Landlord covers water, trash, and lawn care. With a total monthly income of $3,450, this property offers excellent potential for steady returns. Well-maintained and low-maintenance, it’s the perfect addition to your investment portfolio!

Room Features

Misc Description Deck

Lot & Building Features

Appliances Some Insulated Window(s), Some Window Treatment(s), Some Smoke Alarm(s), Some Shower Bath(s), Some Refrigerator(s), Some Range Oven(s), Some Microwave(s)
Assoc Fee Paid None
Construction Aluminum Siding, Brick
Cooling Electric, Wall/Window Unit(s)
Heat Source Electric, Gas
Heating Forced Air, Other
Parking Description Additional Parking, Covered, Attached Garage - 1-2 Car
Sewer Septic Tank
Tax Year 2023
Water Community
Lot Dimensions 120X146.5 ft

Community and Schools

Elementary School SPARTA DIST 140
Junior High School SPARTA DIST 140
Senior High School Sparta

Price History of 715 W Broadway, Sparta, IL

Date Name Price Difference
12/20/2024 Listing Price $249,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Stephanie Smith
Direct: 314-402-6661
Office
107 W Lockwood Ave
Webster Groves, MO 63119
314-962-1100
Listed by Prime Real Estate and Property, Jamshed Syed
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1.0868347338936%
6.75%
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715 W Broadway (MLS #24076948) is a multi-family listing located in Sparta, IL. This multi-family listing is on a lot of 41,818 sqft (or 0.96 acres) and is 46 years old. This property was listed on 12/20/2024 and has been priced for sale at $249,900.

Nearby zip codes are 62233, 62238 and 62272. This property neighbors other cities such as Chester, Cutler, Percy and Steeleville.

Maris

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Listing information courtesy of: Prime Real Estate and Property

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