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Springfield 62704 Historic West-Side
1300 S Walnut Street
$55,000
● House - Off Market

1300 S Walnut Street

Springfield, IL 62704
bedrooms
1 Bed
bathrooms
1 Bath, 1 Half Bath
square feet
915 Ft²
$509
Est. Monthly
33.42%
Cap Rate

About This Property

Here is your chance, first-time buyers, empty nesters, or investors, to own this home with great potential. Property is being sold in "as-is" condition.
Unit Size
915 Ft²
Days on Market
-
Land Size
-
Price per sqft
$71
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,954
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GEHLMAN & TURNER SUB
  • Land Acres: 0000000067
  • Standard Land Use Code: 1999
  • County Land Use Code: 40
  • Legal Description 1: W 73.83' L 1 B 1 GEHLMAN & TURNER SUB

Neighborhood

  • School District Name: Springfield School District 186
  • Census Tract: 001200

Geography

  • Account Number: 22040105001 (CHECK DIGIT = 9)
  • District: 01
  • Parcel: 22-04.0-105-001
  • Municipality: CAPITAL
  • Latitude: 39.7868
  • Longitude: -89.664

    Address

  • Full Address: 1300 S Walnut St
  • Address - House Number: 1300
  • Street Direction: S
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Springfield
  • Carrier Code: C081
  • 4-Digit Zip Code: 3633
  • Zip Code: 62704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $210,456
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 77
  • Final Value: 89,111
  • High Value: 104,840
  • Low Value: 73,383

    Market Valuation

  • Market Total Value: $70,458
  • Market Land Value: $10,914
  • Market Improvement Value: $59,544

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,486
  • Assessed Land Value: $3,638
  • Assessed Improvements Value: $19,848

    Sales

  • Current Sale Contract Date: Sep 14, 2001
  • Current Sale Recording Date: Sep 17, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Historic West-Side

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

36

Average Home Size

0 ft²

Average Home Age

86 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Jorge Romero, Realty One Group Inc.
Data Source: MRED, MLS# MRD12452375
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1300 South Walnut Street built and last sold?
The property at 1300 South Walnut Street was built in and last sold on Sep 14, 2001 for $49,900.
How much is this home worth?
The estimated value of the home located at 1300 South Walnut Street is $0.
What are some comparable homes to 1300 South Walnut Street?
There are currently no comparable homes to 1300 South Walnut Street.
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