Movoto Real Estate
Sold on 11/07/2025

619 S Walnut St, Springfield, IL 62704

$545,000

Last sold 11/07/2025 after 245 Days

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    bed

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    bath

Multi-family not for sale

About 619 S Walnut St

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Rental estimate
Property description
Investor ALERT!! This 12 unit complex has seen substantial updates to many of the units, but there is still time to put your personal touch on it! 11 Two bedroom units, and 1 One bedroom unit make up this centrally located mature Charmer. Currently just three units vacant, yet they are in the process of cleanup before placing the next lucky tenant. Most units have seen upgrades, some with full kitchen replacements, bathrooms replacements, Luxury Vinyl Plank span most of the units, and you will find updated fixtures spread throughout as well. The Full, unfinished basement offers a great opportunity to produce additional monthly income after the revitalization an existing laundry room, or even with the addition of private tenant storage! This property has a great amount of value to be added and offers the potential to produce thousands of dollars more each month. Don't miss your chance to build additional equity!
Listed by
Listing Office - The Real Estate Group, Inc.
Source: RMLS Alliance mls logo
MLS#CA1034858 • last updated 11 months ago
Movoto checked RMLS Alliance for data 20 minutes ago
Overview
Cooling/AC Central Air
Heating Electric, Forced Air, Natural Gas, Gas Water Heater
Levels/Style Apartment Building
MLS # CA1034858
Status Sold
SubType Residential Income
Property Tax 11711.82
Year Built 1940
Interior
Laundry Common Area
Interior Features Cable Available
Exterior
Foundation Block, Brick/Mortar
Roof Shingle
Construction Brick Partial, Vinyl Siding
Parking Parking Pad
# of Parking Spaces 12
Lot Features Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Springfield District #186
APN 14-33.0-182-027
Directions West Side Of Walnut Between Edwards & Lawrence
Multifamily Details
Total # of Units 12
Expense: Water/Sewer 8400
Expense: Operating 32043
Expense: Manager 5400
Expense: Maintenance 10000
Expense: Trash 2400
Gross Income 60000
Expense: Electricity 1000
Gross Scheduled Income 60000
Lot/ Land Details
Road Surface Alley Paved, Paved
Rental est.: $952/month
Gross rent multiplier: 47.7
  • Nov 2025
    mls logo MLS # CA1034858
  • Nov 7, 2025 Sold
    $545,000 (-3.5%)
  • Aug 19, 2025 Active
    —
  • Jul 15, 2025 Price Change
    $565,000 (-1.7%)
  • Jun 12, 2025 Price Change
    $575,000 (-4.2%)
  • Apr 14, 2025 Price Change
    $599,900 (-6.3%)
  • Mar 7, 2025 Listed
    $640,000
  • Sep 2024
    mls logo MLS # CA1032150
  • Sep 27, 2024 Listed
    $640,000
  • Year Property taxes Tax assessment
  • 2025
    $16,632 +12.5%
    $205,426 +16.66%
  • 2024
    $14,790 +26.3%
    $176,085 +32.92%
  • 2023
    $11,712 +39.9%
    $132,470 +41.82%
  • 2022
    $8,370 +3.4%
    $93,408 +3.89%
  • 2021
    $8,093 +2.0%
    $89,911 -0.15%
  • 2020
    $7,932 -5.6%
    $90,047 +0.35%
  • 2018
    $8,398
    $89,733
  • 619 S Walnut St
    $545K
  • Historic West-Side
    $149K -6% y/y
  • 62704
    $174K -10% y/y
  • Springfield
    $193K +10% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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