Springfield IL Multi Family for Sale

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Type:
Cluster
Sq.Ft.:
15,054
Status:
Active
Beds:
n/a
Lot size:
2 Acres
Year built:
1900
Baths:
MLS#:
CA1033618

ADDITIONAL INFORMATION

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.

Type:
Cluster
Sq.Ft.:
3,200
Status:
Active
Beds:
n/a
Year built:
1898
Baths:
MLS#:
CA1033011

ADDITIONAL INFORMATION

Exceptional investment opportunity! This fully renovated 2-unit property generates high income monthly, with the front unit as a high-demand short-term rental and the back unit occupied by a reliable long-term tenant. Recent upgrades in 2024 include a brand-new kitchen, new roof, modern LVP flooring, fresh walls, new windows, and a new HVAC system, ensuring low maintenance for years to come. With immediate cash flow, this property is a rare find. Don’t miss out—schedule your viewing today!Home is sold as-is but inspections are welcome for buyers peace of mind!

Type:
Cluster
Sq.Ft.:
1,676
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
CA1032850

ADDITIONAL INFORMATION

Check out this a charming duplex built in 1900, offering spacious and comfortable living just minutes from downtown amenities. Each unit features a well-designed 1-bedroom, 1-bath layout with large rooms and abundant storage, creating a warm and inviting atmosphere for tenants. The upstairs unit is occupied by a long-term tenant, providing stable income, while the downstairs unit is vacant and ready for a new occupant, making this property an excellent investment for steady rental income. A shared carport adds convenience and protection for tenants, a rare perk in the area. With its prime location, classic architecture, and potential for immediate rental, 935 W Washington St is a fantastic opportunity for investors or owner-occupants alike. Don’t miss your chance to add this Springfield property to your portfolio!

Type:
Cluster
Sq.Ft.:
2,867
Status:
Active
Beds:
n/a
Baths:
MLS#:
CA1031384

ADDITIONAL INFORMATION

Don't miss out on this 4 unit complex with great cash flow. New exterior paint August 2024, newer roof, units 1-3 have new furnaces, new clean out installed for any future sewer problems, lots of original hardwood and a coin operated dryer. New sound insulated drop ceiling apartments 1 & 2, exterior paint, new stove in apt 3 Selling AS-IS Square feet believed to be accurate but not warranted. Buy 155 N MacArthur with 7 others as a package deal. Selling AS-IS Property back on market, was under contract part of a package sale untill buyer terminated due to personal issues. Can be purchased as a package with 1129 S Spring Street, 830 W Jefferson Street, 102 S Glenwood, 514 W Allen Street, 317 S State Street, 318 S State, 110 W VINE Street & 155 MacArthur Blvd. Selling AS-IS.

Type:
Cluster
Sq.Ft.:
1,846
Status:
Active
Beds:
n/a
Year built:
1880
Baths:
MLS#:
CA1031378

ADDITIONAL INFORMATION

Don't miss out on this maintenance free exterior duplex with great cash flow. Roof 2017, units #1 has new Kitchen & bathroom. Unit #2 has new LVP flooring in kitchen and there is lots of original HWD throughout both units. New water line from main (potential lead removed by city), 2 New Furnaces & 2 New Water Heaters. Square feet believed to be accurate but not warranted. Selling AS-IS. Property back on market, was under contract part of a package sale untill buyer terminated due to personal issues. Can be purchased as a package with 1129 S Spring Street, 830 W Jefferson Street, 102 S Glenwood, 514 W Allen Street, 317 S State Street, 318 S State, 110 W VINE Street & 155 MacArthur Blvd

Type:
Cluster
Sq.Ft.:
6,000
Status:
Active
Beds:
n/a
Year built:
1983
Baths:
MLS#:
CA1030828

ADDITIONAL INFORMATION

Great opportunity to own a 6 units just a couple blocks away from Lincoln Park. All fully occupied with a total gross monthly income of $3,550. New roof layover just installed in August 2024. Tenant pays for all utilities. Owner pays for garbage expense.

Type:
Cluster
Sq.Ft.:
9,000
Status:
Active
Beds:
n/a
Baths:
MLS#:
CA1027577

ADDITIONAL INFORMATION

Welcome to 1300 North Grand Avenue, West Springfield, IL 62702, a charming ten-unit apartment complex offering spacious living in a convenient location. Current gross rent $7775/month. This all-brick building boasts ten meticulously designed units, each offering two bedrooms and one bath, ideal for both individuals and small families seeking comfort and convenience. Step inside any of these units, and you'll be greeted by modern interiors featuring sleek finishes and contemporary amenities. With an all-electric setup with central air and no natural gas service, residents enjoy energy-efficient living while minimizing environmental impact. Renovated to perfection, almost all units showcase updated fixtures, flooring, and appliances, ensuring a fresh and inviting atmosphere for every resident.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

Listings courtesy of RMLS Alliance as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. 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. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 RMLS Alliance. All rights reserved.





Springfield Real Estate

The median home value in Springfield, IL is $133,300. This is lower than the county median home value of $145,900. The national median home value is $338,100. The average price of homes sold in Springfield, IL is $133,300. Approximately 55.91% of Springfield homes are owned, compared to 33.95% rented, while 10.14% are vacant. Springfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Springfield real estate agent to arrange a tour today!

Springfield, Illinois 62702 has a population of 114,672. Springfield 62702 is less family-centric than the surrounding county with 20.68% of the households containing married families with children. The county average for households married with children is 25.59%.

The median household income in Springfield, Illinois 62702 is $57,596. The median household income for the surrounding county is $66,149 compared to the national median of $69,021. The median age of people living in Springfield 62702 is 39.7 years.

Springfield Weather

The average high temperature in July is 85.4 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 38.4 inches per year, with 17.7 inches of snow per year.

Springfield Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    108
    30-day change

Springfield Schools and Demographics

Education near Springfield, IL

Metric City County
High School Graduates 91.33 92.77
College Degree - 2 year 8.24 8.63
College Degree - 4 year 34.37 33.98
Graduate Degree 9.61 9.56
Expenditures per Student 15,574 15,574
Students per Teacher 14 14

Elementary Schools near Springfield, IL

School Grades Students P/T Ratio ZIP
Black Hawk Elementary School KG - 05 271 14.9 62704
Butler Elementary School PK - 05 367 16.4 62704
Dubois Elementary School KG - 05 441 15.1 62704
Early Learning Center PK - PK 661 25.4 62704
Edwin A Lee Elementary School PK - 05 252 9.7 62703
Elizabeth Graham Elementary School PK - 05 289 13.6 62704
Enos Elementary School KG - 05 337 14.7 62702
Fairview Elementary School KG - 05 295 15.3 62702
Feitshans Elementary School KG - 05 471 12.8 62703
Harvard Park Elementary School PK - 05 433 15.1 62703
Iles Elementary School 01 - 08 448 17.1 62703
Jane Addams Elementary School KG - 05 347 15 62702
Lindsay School KG - 05 483 15.6 62711
Matheny-Withrow Elementary School KG - 05 266 14.4 62703
McClernand Elementary School PK - 05 266 13.4 62702
Owen Marsh Elementary School KG - 05 332 16.7 62704
Ridgely Elementary School PK - 05 356 15.1 62702
Sandburg Elementary School KG - 05 309 19.4 62704
Springfield Ball Charter School PK - 08 378 15.3 62703
Wilcox Elementary School KG - 05 306 17 62702

Middle Schools near Springfield, IL

School Grades Students P/T Ratio ZIP
Benjamin Franklin Middle School 06 - 08 786 16.7 62704
Jefferson Middle School 06 - 08 559 12.8 62703
Lincoln Magnet School 06 - 08 315 13.8 62703
U S Grant Middle School 06 - 08 616 14 62704
Washington Middle School 06 - 08 709 11.8 62703

High Schools near Springfield, IL

School Grades Students P/T Ratio ZIP
Lanphier High School 09 - 12 1,274 16.4 62702
Lawrence Education Center 09 - 12 0 0 62704
Springfield High School 09 - 12 1,349 16.6 62704
Springfield Learning Academy 09 - 12 116 13.8 62704
Springfield Southeast High School 09 - 12 1,336 16.2 62703

Ungraded Schools near Springfield, IL

School Grades Students P/T Ratio ZIP
Douglas School 06 - 12 18 1 62702

Demographics near Springfield, IL 62702

Metric Zip Code City
Neighborhood Type Suburban
Population 114,672 196,759
Population Density 1,881 227
Median Age 39.7 40.5
People per Household 2.2 2.3
Median Household Income 57,596 66,149
Average Income per Capita 35,851 37,892