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Vinegar Hill Multifamily Homes & Duplexes for Sale

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  • /22

    $450,000

    • 6 Beds

    102 W Scarritt St, Springfield, IL 62704

    Investor’s Dream! This well-maintained 6-unit apartment building features a desirable mix of (4) two-bedroom units and (2) one-bedroom units, offering great flexibility and broad tenant appeal. Each unit is equipped with modern updates and central air for year-round comfort. The two-bedroom units currently rent between $825–$900/month, providing steady cash flow. Long-term tenants are in place

    Tiana Burnett Keller Williams Capital

    102 W Scarritt St, Springfield, IL 62704
  • /30

    $450,000

    1001 S 1st St, Springfield, IL 62704

    Calling all investors. This fully occupied multi-family offers an opportunity for its new owner to relax! The work has been done. NEW roof and 2 new hvac systems are in place. All units are occupied with great tenants, with upgrades throughout, rendering this investment automatic income. Schedule your tour today! All showings require pre-approvals for scheduling. Please email LA

    Pamela Brown Baird & Warner

    1001 S 1st St, Springfield, IL 62704
  • /12

    $355,000

    • 8 Beds
    • 3,300 Sq Ft

    629 W Washington St, Springfield, IL 62702

    This centrally located 6 unit complex is currently sitting with 5 of 6 units occupied, and very rarely holds vacant apartments. With Four 2 bedroom/1 bath units, and Two 1 bedroom/1 bath, you will have options to offer tenants. In 2019, the property received some substantial updates to flooring, fixtures, kitchens and bathrooms. Tenants pay unit utilities, and owner pays for water and garbage

    Joshua Kruse The Real Estate Group, Inc.

    629 W Washington St, Springfield, IL 62702

Why Live in Vinegar Hill

Vinegar Hill, located just west of downtown Springfield, is known for its historic charm and old-world atmosphere, featuring many of the city's oldest buildings, such as the State Capitol and Illinois State Museum. The neighborhood's streets are lined with mature trees, original red brick roads, and stately cathedrals, creating a picturesque setting. Homes in Vinegar Hill are primarily classic designs, including bungalows, Cape Cods, and American Foursquares, with prices ranging from the high $10,000s for fixer-uppers to the high $100,000s for well-maintained properties. The area attracts renovators and city living enthusiasts due to its central location and lower real estate prices. Vinegar Hill is home to several attractions, including the Illinois State Museum, which offers free admission and weekly specialty events, and Washington Park, a 150-acre public space with tennis courts, playgrounds, and a band pavilion. The Springfield Art Association, based in the historic Edwards Place, provides public galleries, classes, and cultural events. The neighborhood is conveniently located near Downtown Springfield and St. John’s Hospital, both less than 2 miles away, and is well-served by the Sangamon Mass Transit District. Local dining options include Bernie and Betty’s Pizza, known for its pub food and specialty pizzas. Vinegar Hill Mall, a renovated business park, features an indoor beer garden and local coffee shop. Students in the area attend Springfield High School, which has a high rating and a strong college enrollment rate. The annual Illinois State Fair, held every summer, is a major event, drawing large crowds for its rides, exhibitions, and live music.

Home Trends in Vinegar Hill, IL

Housing Trends

Median Sale Price
$105,000
Median Single Family Sale Price
$105,000
Average Price Per Sq Ft
$79
Number of Homes for Sale
2
Last 12 months Home Sales
19
Months of Supply
1.30
Median List Price
$119,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
30%
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