Springfield, IL 62704,700 & 702 W FAYETTE AVE
Springfield, IL 62704,700 & 702 W FAYETTE AVE
Springfield, IL 62704,700 & 702 W FAYETTE AVE
24
Listed by Jim Fulgenzi • RE/MAX Professionals
$175,500
$175,000
0.3%
Est.Price: ?

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2,688 SqFt

700 & 702 W FAYETTE AVE Springfield, IL 62704

Est. payment /mo
SOLD DATE : 09/29/2025

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Key Details

Sold Price $175,500

Property Type Single Family Home

Sub Type Residential Income

Listing Status Sold

Purchase Type For Sale

Square Footage 2,688 sqft

Price per Sqft $65

MLS Listing ID CA1038544

Sold Date 09/29/25

Annual Tax Amount $3,873

Tax Year 2024

Lot Dimensions 40 x 132

Property Sub-Type Residential Income

Source rmlsa

Property Description

Classic, well-built duplex located on Springfield's desirable west side, just one block from beautiful Washington Park. This property showcases timeless old-world craftsmanship, featuring tall ceilings, hardwood floors, detailed moldings, and abundant natural light throughout. Each spacious unit offers 3 bedrooms, 1 full bath, a comfortable living room, formal dining room, and functional kitchen, plus a full basement and walk-up attic providing excellent storage or potential expansion space. Currently rented at $900 per side with six months remaining on the leases, tenants are responsible for all utilities, including gas, electric, water, sewer, and trash (forced air heat and centrial air). with its prime location and strong rental demand, the property has potential to command higher rents in the $1,000-$1,1000 per month range. A great opportunity for investors seeking reliable cash flow, long term-appreciation, or even an owner-occupant looking to offset housing costs. Selling AS-IS. Neighboring duplex is also for sale and is identical to this one. Garage has no value and is of little use. Photos are of unit #704, all other units are similar. Each apartment is 1344 sqft and 686 in an unfinished basement, plus added attic storage.

Location

State IL

County Sangamon

Area Springfield

Direction Between Walnut and MacArthur

Rooms

Basement Full

Interior

Interior Features Cable Available

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace N

Exterior

View true

Roof Type Shingle

Street Surface Paved

Total Parking Spaces 2

Garage 1

Building

Lot Description Level

Faces Between Walnut and MacArthur

Unit Features [{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1397435Group_1\"},{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1397435Group_2\"},{\"UnitTypeType\":\"Unit 3\",\"RMA_FireplaceYN\":\"N\",\"UnitTypeKey\":\"RMA1397435Group_3\"}]

Foundation Brick/Mortar

Water Public Sewer, Public

Structure Type Vinyl Siding

New Construction false

Schools

High Schools Springfield

Others

Tax ID 14-33.0-332-021

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Bianca Abbott

Bianca Abbott

Agent | License ID: 71303000 / 475.211226

+1(563) 676-5518

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