1501 & 1505 S 5TH Street, Springfield, IL 62730

• 5,083 sqft

Property Description

So much potential and so many possibilities accompany this property! This unique piece of ground is location on South 5th St, just outside of historic downtown Springfield. This property is so conveniently close to I-55 and I-72, an abundance of shopping, restaurants, grocery, and living conveniences, that you will not have to go far to get what you need. Built between 1915 and 1937, there are two independent duplex buildings that offer a range of uses, once marketed as commercial office space, but now as separate duplex rental units. Easily converted back to office space if one might desire. 1501 offers a 2 bedroom unit on the main level with 1 bath, office, kitchen, dining and living room. The upper level unit has 2 bedrooms, living room, kitchen, bathroom, and private balcony. The basement holds a workshop, ample storage area and laundry. 1505 has a 1 bedroom unit on the main floor with living room, dining room, kitchen, and full bath. The upper unit is a 1 bedroom with living room, kitchen, also offering good storage in the basement. There is an oversized detached garage on the grounds measuring 24x39, plus an additional 30x47 heated garage!

Listing Status:

Pending

Data Last Updated:

May 25, 2026 at 2:18AM

Listing Office:

The Real Estate Group, Inc. : 217-787-7000

Listing Agent:

Joshua F Kruse : 217-816-9405

MLS ID:

CA1043646

Interior

• Basement: FullUnfinished
• A/C: Central Air
• Heating: Forced AirNatural Gas

Exterior

• Parking: DetachedGuestOversizedParking spaces: 8

Construction

• Roofing: RubberShingle
• General: BlockBrick/MortarConcrete PerimeterPoured ConcreteSlab

Location

• Road/Access: Paved
• Originating MLS: rmlsa
• County: Sangamon

Lot

• Zoning: GEO. CARPENTERS SUB PT E1/2 NE L 1 N 60' B 3 4-15-522-04.0-234-009

Utilities

• Water: Public SewerPublic

Financial

• Source: rmlsa