$150,000

1038 N 1ST Street, Springfield, IL 62702

  • 2,743 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1913
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $55/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

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!

Listing Status:
Active
Data Last Updated:
April 5, 2026 at 2:17PM
Listing Office:
The Real Estate Group, Inc. : 217-787-7000
Listing Agent:
Joshua F Kruse : 217-816-9405
MLS ID:
CA1042419
  • General: Cable Available
  • Laundry: Units Hook-Ups
  • Basement: FullUnfinished
  • A/C: Central Air
  • Heating: Forced AirNatural GasGas Water HeaterWindow Unit(s)
  • Parking: GuestOn StreetParking PadParking spaces: 2
  • Roofing: Shingle
  • General: BlockConcrete Perimeter
  • Road/Access: Paved
  • Originating MLS: rmlsa
  • County: Sangamon
  • Zoning: N 47' S 90' LOT 10 JAYNE WEBER & HELMLE ADDN & S 47'N 210' LOT 3 ANDREW ELLIOTTS SUB 47 X 148.8014-28.0-230-033
  • Water: Public SewerPublic
  • Source: rmlsa

This listing courtesy of Joshua F Kruse , The Real Estate Group, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Enos Elementary School

524 W Elliott Ave, Springfield, IL, 62702

Grades KG-5

0.38 miles away

D

Douglas School

444 W Reynolds St, Springfield, IL, 62702

Grades 6-12

0.65 miles away

D

Douglas School

444 W Reynolds St, Springfield, IL, 62702

Grades 6-12

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.