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Sold on 09/11/2023

821 S 5th St, Springfield, IL 62703

  • $188,000

    Last sold 09/11/2023 for $250K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 821 S 5th St

Property type Multi-family
Neighborhood
Year built 1930
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Fantastic opportunity! All uinits have been updated in last 3 years. All units are 1076 SF. 2 are 2 bed and 2 are 1 bed with a seperate dining room. Each unit has own stove, fridge, washer/dryer. 2 units have new minisplit hvac systems. Several new appliances and other a/c units. Added insulation in last year. Updated windows throughout. Very desireable apartments and easy to rent. Unit 1 is rented furnished with utilities inlcuded. Other 3 units rented unfurnished. All units in 12 month leases. Owner has gone to great lengths to make the units energy efficient. Other updates include new hybrid hot water heater, energy effieciant wall heaters, and updated electrical & plumbing. Do not disturb tenants.
Listed by
Listing Agent Contact: Mobl: 217-414-0373
Listing Office - Springfield Real Estate, LLC
Source: RMLS Alliance mls logo
MLS#CA1023067 • last updated 2 years ago
Movoto checked RMLS Alliance for data 2 minutes ago
Overview
Heating Baseboard, Electric, Cooling Systems - 2+, Other, Electric Water Heater, Gas Water Heater, Wall Unit(s), Window Unit(s)
Levels/Style Apartment Building, Quadruplex
MLS # CA1023067
Status Sold
SubType Residential Income
Property Tax 5223
Year Built 1930
Interior
Laundry Owned Equipment, Private, Units Hook-Ups
Exterior
Roof Shingle
Construction Brick
Parking Alley Access
# of Parking Spaces 4
Lot Features Other
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Springfield District #186
APN 14340307023
Directions South On 5th, On Right Just After Lawrence St.
Multifamily Details
Total # of Units 4
Net Operating Income 29687
Expense: Operating 11530
Expense: Manager 3800
Expense: Trash 1600
Gross Income 46440
Expense: Electricity 2140
Gross Scheduled Income 46440
Lot/ Land Details
Add'l Parcel(s) 14340307022

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Nearby homes for sale in Springfield, IL

  • Real Estate
  • IL
  • Sangamon County
  • Springfield
  • 62703
  • Old Aristocracy Hill
  • 821 S 5th St
$188K
Range: $137K-$238K
Last 30 days 
Rental est.: $947/month
Gross rent multiplier: 22.0

Nearby recently sold homes in Springfield, IL

  • 821 S 5th St
    $250K
  • Old Aristocracy Hill
    $64K -2% y/y
  • 62703
    $98.7K -1% y/y
  • Springfield
    $207K +15% y/y
No chart available
Statistics calculated by Movoto
5/10
Springfield High School
public Grades 9-12
Springfield School District 186
Source: GreatSchools.org © 2026. All rights reserved.
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