Listing Courtesy of: Daniel Ellington - Infiniti Properties, Inc. 708-206-3000
$14,900 affordable loan icon Calculate Payment

619 W Hay Street Springfield, IL 62702

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Single Family Residence
2 Beds
1 Baths
750 Sq. Ft.
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Last updated on 9/23/2024 1:07 AM

Listing Details

Attention seasoned investors: A prime opportunity awaits at 619 W Hay St in Springfield, Illinois. This 1940-built property, strategically located near Springfield Memorial Hospital and the Lincoln Monument, is ripe for a full gut rehab. Priced at just $19,750, it offers exceptional potential for su...bstantial returns. Key investment highlights: 2 bed, 1 bath single-family home 750 sq ft on a generous 6,691 sq ft lot Solid slab foundation Vacant and ready for immediate renovation Prime location near major medical facility and historic landmark Tax-assessed value of $14,240 This property requires comprehensive updates, including roof replacement, HVAC system, electrical and plumbing upgrades, window replacements, and full interior renovation. For experienced investors, this presents an ideal canvas to maximize value through strategic improvements. The proximity to Springfield Memorial Hospital, a 500-bed teaching facility, offers unique potential for medical professional rentals or short-term housing. Additionally, its location near the Lincoln Monument adds appeal for history enthusiasts and tourists. With the right vision and execution, this property could yield significant returns through increased post-renovation value or as a high-demand rental. Its low entry price and prime location make it an excellent addition to any seasoned investor's portfolio. Remember to conduct thorough due diligence, including verifying all property details and measurements. Continue reading
MLS#
12121240
Property Type
Single Family
Bedrooms
2
Bathrooms
1 Full
Year Built
1940
Square Feet
750 sq. ft
Sewer
Public Sewer
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Listing Courtesy of: Daniel Ellington - Infiniti Properties, Inc. 708-206-3000
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


© 2024 Midwest Real Estate Data LLC. All rights reserved. Listings courtesy of MRED MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of 9/23/2024.. 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. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected]. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
This content last refreshed on 9/23/2024 1:07 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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