For sale

$150,000

1038 N 1st St, Springfield, IL 62702

5beds

3baths

2,743sqft

Est.:

Multi Family, Duplex

Built in 1913

-- sqft lot

$147,200 Zestimate^®

$55/sqft

$-- HOA

What's special

Updated hvacReplaced siding

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!

3 days

628

20

Tour with a local agent

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: 4 days
Lease term: Variable
Tenant pays: Trash Collection, Snow Removal
Road surface type: Paved

Estimated market value

$147,200

$140,000 - $155,000

$1,184/mo

Price history

Date	Event	Price
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