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Sold on 02/25/2020

1117 S 8th St, Springfield, IL 62703

  • $239,000

    Last sold 02/25/2020 after 36 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 1117 S 8th St

Property type Multi-family
Neighborhood
HOA fee $0/month
Rental estimate
Property description
Convenient location near Springfield Clinic & Blood Bank. Additional 2+ car garage rented for extra $200/month. 8 unit rent averages $683 per month. Property has 4 one bed units and 4 2 bed units. Gross operating income average $4,095 per month. Currently 2 units are vacant. Low maintenance building that is well maintained & professionally managed since 2011 for $395 per month. Good, clean, & updated 8-plex w/good rental history and curb appeal
Listed by
Listing Office - RE/MAX Professionals
Source: RMLS Alliance mls logo
MLS#CA997566 • last updated 4 years ago
Movoto checked RMLS Alliance for data 34 minutes ago
Overview
Heating Electric, Forced Air, Central
Levels/Style Two Or More Story
MLS # CA997566
Status Sold
SubType Residential Income
Property Tax 6778.72
Interior
Laundry None
Exterior
Construction Brick, Vinyl Siding
Parking Assigned
# of Parking Spaces 12
Lot Features Level
Amenities / Utilities
Water Source Community Water, Public Sewer
Location
Subdivision None
High School Springfield
APN 14340378024
Directions 8th Between Scarritt & Allen.
Multifamily Details
Total # of Units 8
Net Operating Income 15197
Expense: Operating 2395
Expense: Manager 395
Expense: Maintenance 2000
Gross Income 17592
Gross Scheduled Income 16392
Lot/ Land Details
Road Surface Paved
Rental est.: $945/month
Gross rent multiplier: 21.1
  • 1117 S 8th St
    $239K
  • Old Aristocracy Hill
    $120K -26% y/y
  • 62703
    $94.9K -12% y/y
  • Springfield
    $195K +1% y/y
No chart available
Statistics calculated by Movoto

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3/10
Elizabeth Graham Elementary School
public Grades K-5
Springfield School District 186
3/10
Benjamin Franklin Middle School
public Grades 6-8
Springfield School District 186
5/10
Springfield High School
public Grades 9-12
Springfield School District 186
Source: GreatSchools.org © 2026. All rights reserved.

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