Movoto Real Estate
Sold on 09/05/2023

1225 Monument Ave, Springfield, IL 62702

  • $87,000

    Last sold 09/05/2023 for $75K

  • bed

  • bath

Multi-family not for sale
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About 1225 Monument Ave

Property type Multi-family
Neighborhood
Year built 1910
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
This one and a half story house sits on quiet, historic Monument Avenue just minutes from downtown, block from Oak Ridge Cemetery and located in the medical district. It can be converted into a 1.5 Story home with 3 baths, 2 kitchens, and 4 to 5 bedrooms. Or, in the alternative, a 2 rental property (perfect for med students - just minutes from the hospitals). Would be a great Airbnb, with Lincoln sites nearby. Each floor has its own kitchen and bath. Second floor has spacious rooms with hardwood flooring, large eat-in kitchen and small balcony off kitchen. Many newer vinyl windows throughout house. Whether coffee in the morning or winding down in the evening, you can enjoy the large covered front porch. Backyard offers plenty of room for entertaining, garden, children, pets etc. There is off-street parking and paved parking on side of house.
Listed by
Listing Agent Contact: Mobl: 217-836-6733
Listing Office - Keller Williams Capital
Source: RMLS Alliance mls logo
MLS#CA1023128 • last updated 2 years ago
Movoto checked RMLS Alliance for data 12 minutes ago
Overview
Heating Electric, Gas, Electric Water Heater, Window Unit(s)
Levels/Style Other
MLS # CA1023128
Status Sold
SubType Residential Income
Property Tax 1980.82
Year Built 1910
Exterior
Roof Shingle
Construction Vinyl Siding
Parking On Street, Parking Pad
# of Parking Spaces 2
Lot Features Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Springfield District #186
APN 14-21.0-481-021
Directions West On North Grand, Right On Monument - House On Left
Multifamily Details
Total # of Units 2
Net Operating Income -1981
$87K
Range: $67.8K-$106K
Last 30 days 
Rental est.: $1,613/month
Gross rent multiplier: 3.9 - Excellent
  • 1225 Monument Ave
    $75K
  • Oak Ridge
    $106K +67% y/y
  • 62702
    $129K +3% y/y
  • Springfield
    $204K +6% y/y
No chart available
Statistics calculated by Movoto

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6/10
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Source: GreatSchools.org © 2026. All rights reserved.

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