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Sold on 10/10/2025
  • Exterior
  • Other
  • Bedroom
  • Living
  • Kitchen
  • Entry Way
  • Bath

826 S Walnut St, Springfield, IL 62704

  • $165,000

    Last sold 10/10/2025 after 23 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 826 S Walnut St

Property type Multi-family
Neighborhood
Year built 1905
HOA fee $0/month
Rental estimate
Property description
Fully occupied 4-unit property on large corner lot in prime central location with each individual utility meters & private entries for each. All 4 units are 1-BR 1-BA layouts. The building has undergone practical updates including new outlets, switches, light fixtures, exterior door hardware plus fresh paint & patching throughout. Two kitchens have new countertops and all bathrooms have updated plumbing. Tenants pay their own utilities & have private in-unit laundry hookups which were all recently added. Obvious exterior upkeep, off-street parking in back & shared green space add convenience & tenant appeal. Zoned appropriately and positioned near downtown with strong rental history, this turn-key investment checks all the right boxes for steady cash flow with little to no startup efforts & costs.
Listed by
Listing Office - The Real Estate Group, Inc.
Source: RMLS Alliance mls logo
MLS#CA1039269 • last updated 7 months ago
Movoto checked RMLS Alliance for data 12 minutes ago
Overview
Heating Baseboard, Radiant, Window Unit(s)
Levels/Style Quadruplex
Virtual Tour N/A
MLS # CA1039269
Status Sold
SubType Residential Income
Property Tax 3735
Year Built 1905
Interior
Laundry Units Hook-Ups
Interior Features Cable Available, High Speed Internet
Exterior
Roof Shingle
Construction Vinyl Siding
Parking Other
# of Parking Spaces 3
Lot Features Corner Lot, Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Springfield District #186
APN 14330403001
Directions Corner Of South Walnut And Chenery
Multifamily Details
Total # of Units 4
Net Operating Income 14336
Expense: Water/Sewer 372
Expense: Operating 6828
Expense: Maintenance 4946
Expense: Trash 1413
Gross Income 24899
Expense: Electricity 97
Gross Scheduled Income 24549
Lot/ Land Details
Development Status Completed
  • Oct 2025
    mls logo MLS # CA1039269
  • Oct 10, 2025 Sold
    $165,000 (-2.9%)
  • Sep 19, 2025 Pending
    —
  • Sep 17, 2025 Listed
    $169,900

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Nearby homes for sale in Springfield, IL

  • Real Estate
  • IL
  • Sangamon County
  • Springfield
  • 62704
  • Vinegar Hill
  • 826 S Walnut St
Rental est.: $935/month
Gross rent multiplier: 15.1

Nearby recently sold homes in Springfield, IL

  • 826 S Walnut St
    $165K
  • Vinegar Hill
    $140K +1% y/y
  • 62704
    $205K +14% y/y
  • Springfield
    $218K +21% 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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