1038 N 1ST Street, Springfield, IL 62702
- 2,743 sqft
Multi-Family Home
Built in 1913
—— sqft lot
—— car garage
$55/sqft
Listed 2 months 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:
- Pending
- Data Last Updated:
- May 25, 2026 at 3:18AM
- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $

