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1546 E Cornell Ave, Springfield, IL, 62703

4beds
4baths
3,420sqft
$160,000
$47price/sqft
$1,527/moest. monthly cost
$61,080/yrincome needed

About This Home

All brick 6 unit 1 story apartment building. Individual electric meters. All units occupied and being sold As Is. Tenants pay electric and gas. House meter for water and sewer pay by landlord.

Getting Around

45
WalkingCar-Dependent
35
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

2/10
2/10
Jefferson Middle SchoolGrades 6-81.1 mi

Construction

Condition

  • Year built: 1968

Materials

  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range,Refrigerator,Water Heater

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Heating

  • Heating features: Baseboard

Interior Area

  • Total structure area: 3,420
  • Total interior livable area: 3,420 sqft

Property

Details

  • Parcel number: 22030430055

Lot

  • Lot size: 9,750 sqft
  • Features: Level
  • Lot size dimensions: 75 x 130

Parking

  • Total spaces: 6
  • Parking features: Parking Pad
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Earthquake
Hail
Heat Wave
Lightning
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $809$9,708
Home Insurance *$203$2,436
Property Taxes $252$3,024
Electricity $263$3,156
Total$1,527$18,324
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,354/yr
40% on housing$45,810/yr
45% on housing$40,720/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$47This listing

vs Other Active Listings

Avg $/sqft

ZIP 62703$70
Sangamon County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 62703$88
Sangamon County$110

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-31Listed for sale$160,000

For Sale by Agent

AgentBen Call
BrokerageThe Real Estate Group, Inc.

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