2001 S Spring St Springfield, IL 62704
Estimated payment $797/month
About This Home
Investors take a look at this property that has great cash flow. Currently rented for $1,580 and lease is good through 10/31/2026. Landlord pays for trash and utilities paid by the tenant. Recent improvements include a kitchen update including a recently added dishwasher, new counter tops and sink. Several light fixtures replaced. Flooring on stairway. 4bedrooms and 2 baths make at this price makes this home an incredible value. Don't miss this opportunity!
Listing Agent
The Real Estate Group, Inc. Brokerage Phone: 217-306-1000 License #475109074 Listed on: 02/13/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,575
Year Built
- Built in 1925
Lot Details
- Lot Dimensions are 47 x 150
- Corner Lot
Home Design
- 1,282 Sq Ft Home
- Shingle Roof
- Steel Siding
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Springfield District #186 High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Unfinished Basement
Community Details
- Trash Expense $52
Listing and Financial Details
- Assessor Parcel Number 22040403016
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,575 | $30,661 | $6,205 | $24,456 |
| 2023 | $2,476 | $28,006 | $5,668 | $22,338 |
| 2022 | $1,843 | $26,567 | $5,377 | $21,190 |
| 2021 | $1,865 | $25,573 | $5,176 | $20,397 |
| 2020 | $2,256 | $25,612 | $5,184 | $20,428 |
| 2019 | $2,214 | $25,523 | $5,166 | $20,357 |
| 2018 | $1,475 | $17,454 | $5,141 | $12,313 |
| 2017 | $1,444 | $17,229 | $5,075 | $12,154 |
| 2016 | $1,416 | $16,978 | $5,001 | $11,977 |
| 2015 | $1,770 | $21,172 | $4,941 | $16,231 |
| 2014 | $1,783 | $21,035 | $4,909 | $16,126 |
| 2013 | $2,121 | $26,176 | $4,909 | $21,267 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/18/2026 03/18/26 | Pending | -- | -- | -- | |
| 03/18/2026 03/18/26 | Pending | -- | -- | -- | |
| 02/13/2026 02/13/26 | For Sale | $109,000 | -0.8% | $85 / Sq Ft | |
| 02/06/2026 02/06/26 | Price Changed | $109,900 | -4.4% | $86 / Sq Ft | |
| 01/17/2026 01/17/26 | For Sale | $115,000 | +37.7% | $90 / Sq Ft | |
| 10/10/2025 10/10/25 | Sold | $83,500 | -15.7% | $65 / Sq Ft | View Prior Sale |
| 09/25/2025 09/25/25 | Pending | -- | -- | -- | |
| 09/02/2025 09/02/25 | Price Changed | $99,000 | -9.2% | $77 / Sq Ft | |
| 08/24/2025 08/24/25 | Price Changed | $109,000 | -8.4% | $85 / Sq Ft | |
| 08/19/2025 08/19/25 | For Sale | $119,000 | -- | $93 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $83,500 | Illinois Real Estate Title | |
| Quit Claim Deed | -- | Zelle Law Offices Pc | |
| Deed | $46,400 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | New Conventional | |
| Closed | $100,000 | No Value Available |
Source: RMLS Alliance
MLS Number: CA1041749
APN: 22-04.0-403-016
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.