$5,047

closing credit¹

541 E Black Ave Springfield, IL 61702

$425,000
1.8 acres
Multi-Family

Property details

About 541 E Black Ave

Imagine the possibilities!! This approx 15,000 sqft historic building is the birthplace of Marjorie Merriweather Post and was formerly used for over 100 years by The Kings Daughters Organization as a ladies dormitory. The building has 26 studio units (approx 538 sqft each) with full baths, a common area, a communal commercial kitchen, partial basement and elevator. 1.8 acre lot overlooks the Lincoln Park area neighborhood.Great proximity to downtown, the hospitals, the Brinkerhoff and Benedictine/Ursuline complex. New roof in 2022/23. Zoned R-3B.

Highlights

Home typeMulti Family
HeatingForced Air, Central, None
StatusActive
BasementYes
Lot size1.8 Acres
Year built1900
ParkingDetached, Guest Parking, Parking Pad
MLS #CA1033618

Summary

  • MLS Number: CA1033618
  • MLS Name: RMLSA
  • Office Name: RE/MAX Professionals
  • Listing Agent: Roni Mohan

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

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. Properties displayed may be listed or sold by various participants in the MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/19/2025, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring a front yard

$425,000

541 E Black Ave

$5,047

closing credit¹

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Price information

Property sales

DateEventPrice
Jun 24, 2022
Home Sold
$265,000

Tax history

YearAssessmentProperty Tax
2023$149,502$13,217
2022$87,201$7,814

History based on county public records data.

Nearby schools

2

Ridgely Elementary School

Public District PK-5

0.5 mi

2040 N 8th St

5

McClernand Elementary School

Public District KG-5

0.9 mi

801 N 6th St

6

Enos Elementary School

Public District KG-5

0.9 mi

524 W Elliott Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,890. The majority of Springfield, IL residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

35%
<35k
48%
35k-100k
17%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

61%
Single, No Kids
13%
Single, with Kids
18%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
39%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • Horse RacesHorse Races
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • DillardsDillards
  • Stein MartStein Mart
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • LongHorn SteakhouseLongHorn Steakhouse
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • HyundaiHyundai
  • BuickBuick
  • ToyotaToyota

What do the neighbors listen to?

  • RockRock
  • Contemporary InspirationalContemporary Inspirational
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 541 E Black Ave in Springfield, IL and zip code 62702. Features: 0 bathroom. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $425,000.

While more than 22 listings in Springfield, IL in January 2025 were sold above asking price, there were more than 22 listings sold at asking price, and more than 46 were sold below. The inventory of homes for sale in Springfield, IL between December and January 2025 decreased by 14.8%. While the average time on the market in January 2025 was 23 days, the median list price was $169,090.

From Rocket Homes Real Estate and based on county public records data.

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