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Sold on 12/09/2021

509 W Washington St, Springfield, IL 62704

  • $266,000

    Last sold 12/09/2021 for $235K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 509 W Washington St

Property type Multi-family
Neighborhood
Year built 1957
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
**Investor Alert** Property consists of 2 duplexes (4 units). All units are 2 bed/ 1 bath each. 509: 1560 SF, 780 SF bsmt. 525: 1800 SF, 900 SF bsmt. Property has excellent access to downtown and amenities. Units have been updated and are NICE! Extra lots too. Great views of State Capital Building and Downtown Springfield make AirBNB a great options here too! Amazing investment.
Listed by
Listing Office - RE/MAX Professionals
Source: RMLS Alliance mls logo
MLS#CA1009073 • last updated 4 years ago
Movoto checked RMLS Alliance for data 2 minutes ago
Overview
Heating Forced Air, Gas, Central
Levels/Style Duplex
MLS # CA1009073
Status Sold
SubType Residential Income
Property Tax 6367.65
Year Built 1957
Interior
Laundry Common Area
Exterior
Roof Shingle
Construction Vinyl Siding
Parking Other
# of Parking Spaces 20
Lot Features Corner Lot, Other, Extra Lot
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Springfield District #186
APN 14280456039, 14280456051
Directions Walnut St - Turn East On Washington St
Multifamily Details
Total # of Units 4
Net Operating Income 1144
Expense: Water/Sewer 756
Expense: Operating 2156
Gross Income 3300
Gross Scheduled Income 3300
Lot/ Land Details
Add'l Parcel(s) 142804756046, 14280456044, 14280456045
Road Surface Paved
$266K
Range: $220K-$311K
Last 30 days 
Rental est.: $924/month
Gross rent multiplier: 21.2
  • Jun 2022
    Public Records
  • Jun 16, 2022 Sold
    $251,000
  • 509 W Washington St
    $235K
  • Vinegar Hill
    $142K +18% y/y
  • 62704
    $207K +9% y/y
  • Springfield
    $187K +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
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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  • 509 W Washington St
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