202 N Springfield Street
Newark, IL 60541
- 2 beds
- 2 baths
- – sqft
- ~1/2 acre lot
- – on site
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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!
Listing courtesy of MRED / Coldwell Banker Real Estate Group as distributed by MLS GRID
Last checked:
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Last updated Nov 10, 2024
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MLS# 11693075 —
The Building
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Rebuilt:No
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New Construction:false
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Roof:Asphalt
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Basement:None
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Other Equipment:Water-Softener Owned, Ceiling Fan(s), Water Heater-Electric
Interior
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Rooms Total:6
Location
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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
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Location:22588
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Location:79998
The Property
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Parcel Number:0830151011
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Property Type:Residential Income
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Lot Features:Corner Lot, Fenced Yard
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Lot Size Dimensions:132X132
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Lot Size Acres:0.4
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Lot Size Source:County Records
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (630) 244-1114
- Office phone:
- (630) 553-9000
Taxes
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Tax Year:2022
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Tax Annual Amount:1560.86
Beds
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Bedrooms Total:2
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Bedrooms Possible:2
Baths
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Baths:2
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Full Baths:2
The Listing
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Short Sale:Not Applicable
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Special Listing Conditions:List Broker Must Accompany
Heating & Cooling
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Heating:Natural Gas, Forced Air
Utilities
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Sewer:Other
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Water Source:Private Well
Schools
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Elementary School:Lisbon Grade School
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Elementary School District:90
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Middle Or Junior School:Lisbon Grade School
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Middle Or Junior School District:90
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High School:Lisbon Grade School
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High School District:90
The Community
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Community Features:Park, Street Paved
Parking
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Parking Total:4
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Parking Features:Unassigned, Off Street
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Parking Onsite:Yes
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Parking Ownership:Owned
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/6/23
Sep 6, 2023
|
Sold | MRED | $200,000 | -27.3% |
7/12/23
Jul 12, 2023
|
Sold Subject To Contingencies | MRED | $275,000 | |
12/30/22
Dec 30, 2022
|
Listed / Active | MRED | $275,000 |