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Sold on 08/08/2023

1940 E Jackson St, Springfield, IL 62703

  • $91,000

    Last sold 08/08/2023 for $45K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 1940 E Jackson St

Property type Multi-family
Neighborhood
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Check out this fixer-upper-investor special with the potential to cash flow. It was a non-for-profit home for many years. The owner has decided to sell and now it is your chance to have this property at a price that reflects the condition. The right buyer can turn this once successful non-for-profit home and turn it into something wonderful. There are two with the possibility of making it three units that are efficiency units. This is a must come and see for yourself property.
Listed by
Listing Agent Contact: Mobl: 217-971-6775
Listing Office - Keller Williams Capital
Source: RMLS Alliance mls logo
MLS#CA1022812 • last updated 2 years ago
Movoto checked RMLS Alliance for data 5 minutes ago
Overview
Heating Forced Air, Gas, Window Unit(s)
Levels/Style Two Or More Story
MLS # CA1022812
Status Sold
SubType Residential Income
Interior
Laundry None
Exterior
Foundation Block
Roof Shingle
Construction Aluminum Siding, Stone
Parking Detached, On Street
# of Parking Spaces 3
Exterior Features Fence
Lot Features Creek, Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Springfield District #186
APN 14350178015
Directions E On Cook To Jackson
Multifamily Details
Total # of Units 2
Net Operating Income -7244
Expense: Water/Sewer 900
Expense: Operating 7244
Expense: Maintenance 3000
Expense: Trash 164
Expense: Electricity 900
Lot/ Land Details
Road Surface Gravel
$91K
Range: $68.2K-$113K
Last 30 days 
Rental est.: $984/month
Gross rent multiplier: 4.7 - Great
  • 1940 E Jackson St
    $45K
  • Springfield
    —
  • 62703
    $98.7K -10% y/y
  • Springfield
    $222K +17% y/y
No chart available
Statistics calculated by Movoto

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4/10
Fairview 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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