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Sold on 11/14/2025

206 S Walnut St, Springfield, IL 62704

  • $330,000

    Last sold 11/14/2025 after 52 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 206 S Walnut St

Property type Multi-family
Neighborhood
Year built 1973
HOA fee $0/month
Rental estimate
Property description
Renovated 6-unit building featuring a mix of 2-bedroom & studio apartments. Extensive updates throughout including new windows, siding, gutters, soffit & fascia. Interior upgrades include new flooring, trim, doors, kitchen cabinets, counters, appliances & fully updated bathrooms. All units freshly painted with updated finishes throughout. Garden-level units have been professionally waterproofed. Coin-operated laundry onsite. Strong unit mix, updated mechanicals & minimal deferred maintenance make this a solid, turn-key investment with long-term income stability.
Listed by
Listing Office - The Real Estate Group, Inc.
Source: RMLS Alliance mls logo
MLS#CA1039416 • last updated 8 months ago
Movoto checked RMLS Alliance for data 15 minutes ago
Overview
Cooling/AC Central Air
Heating Forced Air, Natural Gas, Gas Water Heater
Levels/Style Apartment Building
Virtual Tour N/A
MLS # CA1039416
Status Sold
SubType Residential Income
Property Tax 5693
Year Built 1973
Interior
Laundry Common Area
Exterior
Foundation Concrete Perimeter
Roof Shingle
Construction Vinyl Siding
Parking Other
# of Parking Spaces 6
Lot Features Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Springfield District #186
APN 14330201016
Directions Located Between Monroe And Washington Streets On Walnut
Multifamily Details
Total # of Units 6
Net Operating Income 33564
Expense: Operating 18528
Expense: Manager 2864
Expense: Maintenance 4221
Gross Income 57785
Gross Scheduled Income 57285
Lot/ Land Details
Development Status Completed
Road Surface Paved
Rental est.: $935/month
Gross rent multiplier: 29.4
  • Nov 2025
    Public Records
  • Nov 17, 2025 Sold
    $330,000
  • Nov 2025
    mls logo MLS # CA1039416
  • Nov 14, 2025 Sold
    $330,000 (-8.3%)
  • Oct 20, 2025 Pending
    —
  • Oct 10, 2025 Price Change
    $360,000 (-7.7%)
  • Sep 23, 2025 Listed
    $390,000
  • 206 S Walnut St
    $330K
  • Vinegar Hill
    $159K +33% y/y
  • 62704
    $210K +11% y/y
  • Springfield
    $189K +2% y/y
No chart available
Statistics calculated by Movoto

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2/10
U S Grant 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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