For sale

$240,000

821 S Pasfield St, Springfield, IL 62704

4beds

4baths

3,000sqft

Est.:

Multi Family, Quadruplex

Built in 1969

-- sqft lot

$-- Zestimate^®

$80/sqft

$-- HOA

What's special

Newer windowsNewer flooring

Fully occupied 4-plex with separate meters for gas, electric & water This investment comes with strong expense control in an efficient management scenario where all utilities are paid by tenants & the owner covers trash & on-site upkeep. 2 units are recently renovated with newer flooring, fixtures, appliances & more; 1 unit has newer windows. Evident general maintenance & practical improvements such as the option to install basement laundry services, have already been completed & will support long-term performance in a desirable location central to Springfield. All units are in active leases, the property is improved & the overall management system is stable, providing a reliable addition to any investment portfolio & immediate cash flow.

1 day

738

25

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Range, Refrigerator, Water Heater
Laundry: Private, Units Hook-Ups

Features

Basement: Full

Interior area

Total structure area: 3,000
Total interior livable area: 3,000 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 8

Lot

Dimensions: 40 x 120 x 41 x 120
Features: Corner Lot, Level

Details

Parcel number: 1433.0404016
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Quadruplex

Materials

Brick Partial
Foundation: Block
Roof: Shingle

Condition

New construction: No
Year built: 1969

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: $80/sqft
Tax assessed value: $155,904
Annual tax amount: $4,365
Date on market: 3/26/2026
Lease term: Variable
Tenant pays: All Utilities
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/26/2026	Listed for sale	$240,000+45.5%$80/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA1042588 Report a problem
2/5/2026	Sold	$165,000+22.2%$55/sqft
Source: Public Record Report a problem
12/16/2022	Sold	$135,000$45/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA1019238 Report a problem
11/17/2022	Pending sale	$135,000$45/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA1019238 Report a problem
11/15/2022	Listed for sale	$135,000+6.3%$45/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA1019238 Report a problem
5/15/2003	Sold	$127,000$42/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,365 +4%	$51,968 +9.5%
2023	$4,197 +4%	$47,468 +5.4%
2022	$4,035 +3.4%	$45,028 +3.9%
2021	$3,901 +2%	$43,342 -0.1%
2020	$3,824 -4.5%	$43,407 +0.3%
2019	$4,004	$43,256 -8.7%
2018	$4,004 +2.1%	$47,392 +1.3%
2017	$3,921 +2%	$46,779 +1.5%
2016	$3,844 +1%	$46,097 +1.2%
2015	$3,807 +1.5%	$45,546 +0.6%
2014	$3,750 +2.3%	$45,252
2013	$3,666 +2%	$45,252
2012	$3,596 +925.2%	$45,252
2011	$351 -89.7%	$45,252 +1%
2010	$3,420 +3%	$44,818 +1.4%
2009	$3,319 +6%	$44,181 +4.2%
2008	$3,131 -1.8%	$42,399 +1.6%
2007	$3,188 +1.6%	$41,711 +3.8%
2006	$3,138	$40,180