716 Black Ave, Springfield, IL 62702
Property image
Property image
OFF MARKET

716 Black Ave
Springfield, IL 62702

Lincoln Park
  • 4 Beds
  • 4 Baths
  • 2,760 sqft

$107,000

Trulia Estimate
as of Aug 7, 2026
Est. Refi. Payment $800/mo*

$107,000

Trulia Estimate
as of Aug 7, 2026
Est. Refi. Payment $800/mo*
4 Beds
4 Baths
2,760 sqft

Local Information

  • Map ViewExplore the area around 716 Black Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1900
Living Area
2,760 sqft
Price/Sqft
$39
Parking
Open Parking

About this House

This 4 unit property offers a lot of potential for an investor. Each unit has 1 bedroom and 1 full bathroom. Each unit also has a range/oven and refrigerator. 3/4 units are currently rented and the 4th should be soon. Tenants pay their own electric bill and the owner currently pays water/sewer bill from CWLP. The property is ran by a property management company that charges 10% of total rent. They have ran this property for many years and would continue to do so if the new owner would like. For additional information please contact Anthony Buscher.
716 Black Ave, Springfield, IL 62702 is a 4 bedroom, 4 bathroom, 2,760 sqft multi-family in Lincoln Park, built in 1900. It last sold for the $100,000 asking price on May 20, 2025. It is currently off market. The Trulia Estimate is $107,000, with a rent estimate of $1,126/month.

Home Details for 716 Black Ave

Interior Features

Interior Details
Basement: Unfinished
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4
Dimensions and Layout
Living Area: 2760 Square Feet
Appliances & Utilities
Appliances: Range, Refrigerator, Water HeaterLaundry: NoneRefrigerator
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air

Exterior Features

Exterior Home Features
Roof: ShingleFoundation: Brick/Mortar
Parking & Garage
No CarportNo Attached GarageHas Open ParkingParking Spaces: 4Parking: On Street
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 14

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Aluminum Siding, Wood SidingNot a New Construction
Property Information
Parcel Number: 1422.0331006

Price & Status

Price
List Price: $100,000
Status Change & Dates
Off Market Date: Thu Apr 03 2025

Active Status

MLS Status: Sold

Location

Direction & Address
City: SpringfieldCommunity: None
School Information
High School: Lanphier High School

Building

Building Area
Building Area: 2760 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Capital Area Association of Realtors

Lot Information

Lot Area: 9009.6039 sqft

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Business

Expense
Tenant Pays: Electricity

Miscellaneous

Mls Number: CA1034896Attribution Contact: Mobl: 217-553-9280Showing Advance Notice: 24
Last check for updates: about 3 hours ago
Listed by Krystal K Buscher, (217) 553-9280
The Real Estate Group, Inc.
Bought with: Edward Bowen, (217) 414-3509, Keller Williams Capital
Originating MLS: Capital Area Association of Realtors
Source: RMLS Alliance as distributed by MLS GRID, MLS#CA1034896
Based on information submitted to the MLS GRID as of 2026-08-07 04:22:44 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information

Price History for 716 Black Ave

DatePriceEventSource
05/20/2025$100,000Sold
RMLS Alliance as distributed by MLS GRID #CA1034896
04/11/2025$100,000PendingRMLS Alliance as distributed by MLS GRID #CA1034896
04/03/2025$100,000PriceChange
RMLS Alliance as distributed by MLS GRID #CA1034896
03/14/2025$115,000PendingRMLS Alliance as distributed by MLS GRID #CA1034896
03/08/2025$115,000Listed For SaleRMLS Alliance as distributed by MLS GRID #CA1034896
06/11/2015$59,000Sold
RMLS Alliance as distributed by MLS GRID #CA140972

Market trends in Springfield

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$171K
$4.67K
MoM
Sale-to-List Price
99.7%
0.7%
MoM
Price per sq ft
$112
$2
MoM
Available listings
307
25
MoM
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Property Tax and Assessment

Year2024
Tax$1,846
Assessment$65,949
Home facts updated by county records

Comparable Sales for 716 Black Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.38
Multi-Family Home
$82,500
01/13/26
4
3
1,570
0.49
Multi-Family Home
$120,000
10/15/25
4
3
3,200
0.69
Multi-Family Home
$90,000
02/18/26
3
3
2,023
0.75
Multi-Family Home
$150,000
06/30/26
5
3
2,743
0.76
Multi-Family Home
$75,000
09/02/25
4
2
2,192
0.24
Multi-Family Home
$390,000
02/09/26
12
8
6,448
0.41
Multi-Family Home
$60,000
02/02/26
4
3
1,900
1.63
Multi-Family Home
$186,500
06/15/26
4
4
1,984
1.68
Multi-Family Home
$78,000
02/25/26
4
2
1,846
1.93
Multi-Family Home
$125,000
07/31/26
5
3
2,843

Nearby homes

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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Lincoln Park

At least 8 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 100 % Say it's dog friendly

  • 100 % Say car is needed

  • 92 % Say yards are well-kept

  • 89 % Say there are sidewalks

  • 79 % Say neighbors are friendly

  • 78 % Say kids play outside

  • 78 % Say there's wildlife

  • 69 % Say it's quiet

  • 60 % Say streets are well-lit

  • 57 % Say there's holiday spirit

  • 50 % Say it's walkable to restaurants

  • 45 % Say people would walk alone at night

  • 45 % Say it's walkable to grocery stores

  • 38 % Say there are community events

  • 10 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • A neighbor
    "Once a month meetings; different activities at Lincoln Park; neighborhood watch program; scheduled clean-up days"
  • Kendall05
    "The neighborhood is mainly quiet and the neighbors are very nice. There is a short distance walk to an amazing park and fun amenities."

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 716 Black Ave

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Off Market Homes Near 716 Black Ave

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