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Sold on 10/25/2024

1133 E Reservoir St, Springfield, IL 62702

  • $49,000

    Last sold 10/25/2024 for $25K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 1133 E Reservoir St

Property type Multi-family
Neighborhood
Year built 1867
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Discover this affordable duplex nestled on a north end tree-lined street, boasting a high rent-to-purchase price ratio. Each unit is equipped with separate utilities, providing convenience and flexibility for tenants. The property offers significant potential with a modest investment in TLC, making it an ideal opportunity for savvy investors. Updated mechanical systems ensure operational efficiency and lower maintenance expenses, further enhancing its appeal as a solid investment in a desirable location. Selling As-Is
Listed by
Listing Agent Contact: Mobl: 217-414-0373
Listing Office - Springfield Real Estate, LLC
Source: RMLS Alliance mls logo
MLS#CA1029942 • last updated 1 year ago
Movoto checked RMLS Alliance for data 16 minutes ago
Overview
Heating Forced Air, Gas, No Cooling, Electric Water Heater, Gas Water Heater
Levels/Style Two Or More Story, Duplex, Other
MLS # CA1029942
Status Sold
SubType Residential Income
Property Tax 1119
Year Built 1867
Interior
Laundry Units Hook-Ups
Exterior
Roof Shingle
Construction Aluminum Siding
Parking On Street
# of Parking Spaces 2
Lot Features Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Springfield District #186
APN 14-27.0-226-011
Directions From North Grand, South On 11th, East Onto Reservoir, On Left
Multifamily Details
Total # of Units 2
Net Operating Income 13261
Expense: Operating 3620
Expense: Manager 1440
Expense: Maintenance 1200
Expense: Trash 180
Gross Income 18000
Gross Scheduled Income 18000
$49K
Range: $43.6K-$54.3K
Last 30 days 
Rental est.: $1,613/month
Gross rent multiplier: 1.9 - Excellent
  • Sep 2024
    mls logo MLS # CA1029942
  • Sep 23, 2024 Price Change
    $37,000 (-5.1%)
  • Sep 9, 2024 Price Change
    $39,000 (-8.2%)
  • Aug 14, 2024 Price Change
    $42,500 (-19.0%)
  • Jul 23, 2024 Listed
    $52,500 (-11.8%)
  • Jul 8, 2024 Pending
    —
  • Jun 21, 2024 Listed
    $59,500
  • 1133 E Reservoir St
    $25K
  • Pillsbury
    $67K +16% y/y
  • 62702
    $129K +12% y/y
  • Springfield
    $204K +7% y/y
No chart available
Statistics calculated by Movoto

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6/10
Enos Elementary School
public Grades K-5
Springfield School District 186
2/10
Washington Middle School
public Grades 6-8
Springfield School District 186
2/10
Lanphier High School
public Grades 9-12
Springfield School District 186
Source: GreatSchools.org © 2026. All rights reserved.

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