$390,000

206 S Walnut St Springfield, IL 62704

Vinegar Hill Neighborhood

Estimated payment $2,534/month

Total Views 126
6 Beds
-- Bath
3,584 Sq Ft
$109 Price per Sq Ft

Highlights

  • Very Popular Property
  • Forced Air Heating and Cooling System
  • Level Lot
  • Springfield High School Rated A-

About This Home

Renovated 6-unit building featuring a mix of 2-bedroom & studio apartments. Extensive updates throughout including new windows, siding, gutters, soffit & fascia. Interior upgrades include new flooring, trim, doors, kitchen cabinets, counters, appliances & fully updated bathrooms. All units freshly painted with updated finishes throughout. Garden-level units have been professionally waterproofed. Coin-operated laundry onsite. Strong unit mix, updated mechanicals & minimal deferred maintenance make this a solid, turn-key investment with long-term income stability.

Listing Agent

Kyle Killebrew

The Real Estate Group, Inc. Brokerage Phone: 217-741-4040 License #475109198 Listed on: 09/23/2025

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,693

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 126 x 50
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6 Bedrooms
  • 3,584 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Springfield District #186 High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 14330201016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,693

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1973
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Apartment Building
  • PricePerSqFt: 108.82
  • Attribution Contact: Mobl: 217-741-4040
  • Special Features: VirtualTour

Interior Features

  • Basement: Full, Unfinished
  • Total Bedrooms: 6

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Gas Water Heater
  • Laundry Features: Common Area
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 6
  • NumberOfCentralAirUnits: 6
  • NumberOfGasMeters: 6
  • NumberOfElectricMeters: 7
  • NumberofWaterMeters: 1
  • NumberOfRanges: 6
  • NumberofRefrigerators: 6
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0
  • OtherExp1Description: Comb. Util
  • OtherExp2Description: Lwn/Trash

Schools

  • High School: Springfield District #186

Lot Info

  • Development Status: Completed
  • Lot Size: 126 x 50
  • Parcel #: 14330201016

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5693
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 57785
  • Resident Manager Expense: 2864
  • Annual Operating Expense: 18528

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $5,693 $67,778 $11,484 $56,294
2023 $5,473 $61,909 $10,490 $51,419
2022 $5,094 $56,851 $9,952 $46,899
2021 $4,925 $54,722 $9,579 $45,143
2020 $4,828 $54,804 $9,593 $45,211
2019 $4,738 $54,613 $9,560 $45,053
2018 $5,088 $60,224 $9,505 $50,719
2017 $4,983 $59,445 $9,382 $50,063
2016 $4,885 $58,578 $9,245 $49,333
2015 $4,838 $57,877 $9,134 $48,743
2014 $4,765 $57,503 $9,075 $48,428
2013 $4,659 $57,503 $9,075 $48,428
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2025 09/23/25 For Sale $390,000 +116.7% $109 / Sq Ft
09/16/2015 09/16/15 Sold $180,000 -7.2% $36 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $194,000 -- $39 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed $77,500 None Listed On Document
Deed $180,000 --
Deed $130,000 --
Source: Public Records

Source: RMLS Alliance

MLS Number: CA1039416

RMLS Alliance

APN: 14-33.0-201-016

Illinois Sangamon County Springfield 62704 Vinegar Hill

206 S Walnut St, Springfield, IL

This home is located at 206 S Walnut St, Springfield, IL 62704 and is currently priced at $390,000, approximately $108 per square foot. This property was built in 1973. 206 S Walnut St is a home located in Sangamon County with nearby schools including Elizabeth Graham Elementary School, U.S. Grant Middle School, and Springfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Kyle Killebrew
Listing Agent
Kyle Killebrew
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The Real Estate Group, Inc.
(217) 807-8444