Calling all investors! This super conveniently located rental property sits just blocks from Memorial Medical Center and SIU School of Medicine, and offers the perfect spot to house medical students and traveling nurses. Currently fully leased, so income will be immediately generated. This single family home was duplexed in the 1990's, and has seen replaced siding, windows, some updated HVAC, & the electric and gas meters have been separated. Shared washer & dryer available in basement. One unit has 1 bedroom, 1 Bath, living room and kitchen. Second unit has 4 bedrooms, 1.5 baths, living room, kitchen and closets for storage. Shared basement offers even more usable storage. Off street, ally side parking easily accommodates 4 cars, with even more parking at the street. This is a super affordable duplex that will increase your portfolio earnings!
Sold for $150,000
$150,000
1038 N 1st St, Springfield, IL 62702
5beds
3baths
2,743sqft
Multi Family, Duplex
Built in 1913
-- sqft lot
$145,500 Zestimate®
$55/sqft
$947 Estimated rent
Home value
$145,500
$138,000 - $153,000
$947/mo
Zestimate® history
Owner options
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$947/mo
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$947/mo
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$1,113/mo
Est. payment
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Est. payment
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List your homeWhat's special
Updated hvacReplaced siding
Zillow last checked:
Listing updated:
Listed by:
Joshua F Kruse Offc:217-787-7000,
The Real Estate Group, Inc.
Bought with:
Xuna Hu, 475189041
The Real Estate Group, Inc.
Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1042419
Originating MLS: Capital Area Association of Realtors
Originating MLS: Capital Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Range, Refrigerator, Water Heater
- Laundry: Units Hook-Ups
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,743
- Total interior livable area: 2,743 sqft
Property
Parking
- Total spaces: 2
- Parking features: On Street, Parking Pad
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Level
Lot
- Size: 6,956 Square Feet
- Dimensions: 47 x 148
- Features: Level
Details
- Parcel number: 1428.0230033
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
- Foundation: Block, Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $55/sqft
- Tax assessed value: $139,278
- Annual tax amount: $3,899
- Date on market: 3/18/2026
- Cumulative days on market: 40 days
- Lease term: Variable
- Tenant pays: Trash Collection, Snow Removal
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Sold | $150,000$55/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #CA1042419 Report a problem | ||
| 5/11/2026 | Pending sale | $150,000$55/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1042419 Report a problem | ||
| 4/3/2026 | Listed for sale | $150,000$55/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1042419 Report a problem | ||
| 3/23/2026 | Contingent | $150,000$55/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1042419 Report a problem | ||
| 3/18/2026 | Listed for sale | $150,000+23.5%$55/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1042419 Report a problem | ||
| 3/28/2025 | Listing removed | $700 |
Source: RMLS Alliance as distributed by MLS GRID #CA1034828 Report a problem | ||
| 3/6/2025 | Listed for rent | $700 |
Source: RMLS Alliance as distributed by MLS GRID #CA1034828 Report a problem | ||
| 7/16/2024 | Listing removed | -- |
Source: RMLS Alliance as distributed by MLS GRID #CA1030321 Report a problem | ||
| 7/9/2024 | Listed for rent | $700 |
Source: RMLS Alliance as distributed by MLS GRID #CA1030321 Report a problem | ||
| 6/9/2023 | Sold | $121,500+5.7%$44/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1021908 Report a problem | ||
| 5/4/2023 | Pending sale | $114,900$42/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1021908 Report a problem | ||
| 5/1/2023 | Listed for sale | $114,900+18.5%$42/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1021908 Report a problem | ||
| 9/30/2019 | Sold | $97,000-2.9%$35/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA870 Report a problem | ||
| 7/18/2019 | Listed for sale | $99,900$36/sqft |
Source: The Real Estate Group Inc. #CA870 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,900 +4% | $46,426 +9.5% |
| 2023 | $3,749 +29.3% | $42,406 +31.1% |
| 2022 | $2,899 +3.4% | $32,357 +3.9% |
| 2021 | $2,803 +2% | $31,145 -0.2% |
| 2020 | $2,748 +49.1% | $31,192 +42.3% |
| 2019 | $1,843 | $21,919 +0.5% |
| 2018 | $1,843 +2.1% | $21,812 +1.3% |
| 2017 | $1,805 +2% | $21,530 +1.5% |
| 2016 | $1,769 +1% | $21,216 +1.2% |
| 2015 | $1,752 +1.5% | $20,963 +0.6% |
| 2014 | $1,726 +2.3% | $20,828 |
| 2013 | $1,688 +2% | $20,828 |
| 2012 | $1,655 +2.5% | $20,828 |
| 2011 | $1,615 +2.6% | $20,828 +1% |
| 2010 | $1,574 +3% | $20,628 +1.4% |
| 2009 | $1,528 +6% | $20,335 +4.2% |
| 2008 | $1,441 -0.2% | $19,515 +3.3% |
| 2007 | $1,444 +1.6% | $18,891 +3.8% |
| 2006 | $1,421 | $18,197 |
Find assessor info on the county website
Neighborhood: Oak Ridge
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Nearby schools
GreatSchools rating
- 4/10Mcclernand Elementary SchoolGrades: K-5Distance: 0.4 mi
- 2/10U S Grant Middle SchoolGrades: 6-8Distance: 1.8 mi
- 1/10Lanphier High SchoolGrades: 9-12Distance: 0.8 mi
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- Illinois
- Sangamon County
- Springfield
- 62702
- Oak Ridge
- 1038 N 1st St
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