715 W Broadway
Sparta, IL 62288
- – beds
- – baths
- – sqft
- ~1 acre lot
- 1978 build
- – on site
$25,000 Price Drop! 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!
Last checked:
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Last updated May 8, 2025
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MLS# 24076948 —
The Building
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Year Built:1978
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Construction Materials:Aluminum Siding, Brick
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Unit Count:4
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Number Of Units Total:4
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Patio And Porch Features:Deck
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Basement:false
Interior
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Fireplace:false
Financial & Terms
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Possession:Close Of Escrow
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Ownership Type:Private
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Listing Terms:Cash, Conventional, FHA, Other, VA Loan
Location
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Longitude:-89.667418
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Latitude:38.007402
The Property
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Property Sub Type:2-4 Units
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Property Type:Residential Income
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Parcel Number:06-001-011-00
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Lot Size Acres:0.96
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Lot Size Area:0.96
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Lot Size Units:Acres
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Lot Size Square Feet:41,818 Sqft
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Lot Size Dimensions:120X146.5
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Lot Size Source:Public Records
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Waterfront:false
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Road Surface Type:Concrete, Gravel
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Structure Type:Duplex
Listing Agent
- Contact info:
- Agent phone:
- (618) 406-9775
- Office phone:
- (618) 406-9775
Taxes
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Tax Year:2023
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Tax Annual Amount:$2,716
Heating & Cooling
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Cooling:Wall/Window Unit(s), Central Air, Electric
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Heating:Forced Air, Electric, Natural Gas
Utilities
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Sewer:Septic Tank
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Utilities:Propane Owned
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Water Source:Community
Appliances
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Appliances:Other, Gas Water Heater, Propane Water Heater
Schools
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Elementary School:Sparta Dist 140
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Middle School:Sparta Dist 140
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High School:Sparta
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High School District:Sparta Dist 140
The Community
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Subdivision Name:Not In A Subdivision
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Association Fee Frequency:None
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Pool:No
Parking
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Parking Features:Attached, Garage, Additional Parking, Covered
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Garage:false
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Attached Garage:true
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Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/2/25
May 2, 2025
|
Listed / Active | MARIS | $225,000 |