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202 N Springfield Street, Newark, IL 60541
$200,000
202 N Springfield Street, Newark, IL 60541View this property at 202 N Springfield Street, Newark, IL 60541
202 N Springfield StreetNewarkIL60541
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Property Description
Originally built as the Lisbon Academy (circa 1845), this very unique 2-story building has been re-zoned R-2 (2-unit apartment building)~Once the upper unit has been completed per the blueprints, each unit to have a living room/dining room, eat-in kitchen, 2-bedrooms & a full bathroom~Great potential here, perfect as an investment property, reside in one unit & rent the other unit out for addt' income or reside in one unit & use the other unit for a home based business! Many recent upgrades/improvements have been made to this building including new windows, a 30-year architectural shingle roof (w/complete tear-off & new 5/8" plywood decking/16" on center), aluminum soffit, vinyl siding, exterior doors/storm doors & exterior lighting~Interior upgrades/improvements to the 1st floor unit include new high efficiency (96% AFUE) Trane furnace, new 3-ton Trane central A/C unit, new hot water heater (electric), water softener, insulation, drywall, paint, interior lighting/ceiling fans, electric (200-amp service) panel, plumbing (w/3-pipe system for hot/cold & recirculating water), reverse osmosis system & sealed sub-flooring~The 1st floor unit is almost ready for occupancy, offering a living room/dining room, a spacious eat-in kitchen w/breakfast bar, 2-bedrooms & a full bath~This 1st floor unit promotes brand new kitchen cabinetry (drawers w/soft-close feature), counter tops, breakfast bar, water filtration system at kitchen sink & a new dishwasher~The 1st floor also features a beautiful new bathroom w/luxury vinyl plank flooring (LVP), a new vanity, new mirror, toilet & shower/tub~This bathroom is also plumbed for a stacked washer & dryer (electric dryer)~Some interior trim/molding work needs to be finished, some window frames need to be completed (the wood is already on-site) & new flooring will need to be installed in LR/DR, kitchen & bedrooms in this unit~The 2nd floor unit has blueprints for a floor plan that is very similar to 1st floor unit & does have some framing done w/a sealed sub-flooring throughout & a new 200-amp electric panel~Some plumbing has also been brought to this upper unit including a new bathtub~This 2nd floor unit features an 11' ceiling & lots of windows for great natural light~This unit could also be finished as a 'loft-style' apartment~This property has a 200' well w/newer well pump (set at 125') & water system (including a newer hydro pneumatic tank)~Each unit has a separate entrance & is set up for separate utilities (gas & electric)~Located on a premium 0.40 acre lot w/ample parking space for residents & guests~Conveniently close to park & Lisbon elementary school!
Full Property Details
Full Property Details for 202 N Springfield St
General
- Sold For: $200,000
- Taxes: $1,560 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 11693075
- Added to Site: 489 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Equipment: Water Softener (Owned), Ceiling Fan(s), Water Heater-Electric
Parking
- Number of Cars: 4
- Total Spaces: 4
- Parking Features: Unassigned, Off-Street
- Parking Type: Space(s)
- Parking On-Site: Yes
Location
- Area: Newark
- County: Kendall
- Driving Directions: Rt 47 to Rt 52 (Lisbon Rd) west to Canal St to Woodman St east to Springfield St~Property is located on the corner of Springfield St/Woodman St
School Information
- School District: 90
- Midd School District: 90
- Elementary School: Lisbon Grade School
- Middle School: Lisbon Grade School
- High School: Lisbon Grade School
- Private School: Lisbon Grade School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Private Well
Structural Information
- Exterior Const.: Vinyl Siding, Stucco
- Basement Desc.: None
- Roof: Asphalt
- Built Before 1978: Yes
- Remodeled/Updated: 2022
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.4
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 132 x 132
- Lot Features: Corner Lot, Fenced Yard
Financial Considerations
- Parking Included: Yes
- Tax Amount: $1,560.86
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 830151011
Listed by Coldwell Banker Real Estate Group
Sold by Coldwell Banker Real Estate Group
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Schools
Schools serving 202 N Springfield St
School Districts:Lisbon Community Consolidated School District 90, Newark Community High School District 18
Rating | Name | Grades | Distance |
---|---|---|---|
127 S Canal St, Newark, IL 60541 | K-8 | 0.2 mi | |
413 Chicago Rd, Newark, IL 60541 | 9-12 | 6.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 202 N Springfield St
Date
Details
Price
Change
Source
9/06/2023
Sold
$200,000
-27.27%
MLS
12/30/2022
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
202 N Springfield Street, Newark, IL 60541 (MLS# 11693075) is a Multi-Family property that was sold at $200,000 on September 06, 2023. Want to learn more about 202 N Springfield Street? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.