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Sold on 02/10/2021

948 S 2nd St, Springfield, IL 62704

$187,000

Last sold 02/10/2021 for $127K

  • —

    bed

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    bath

Multi-family not for sale
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About 948 S 2nd St

Property type Multi-family
Neighborhood
Year built 1935
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Income producing property ready for new owners to manage it! All brick duplex with 2 car detached garage. Many updates over the past 5 years including windows, tuckpointing, electrical work, and some appliances. Washer & Dryer are just 5 years old and included (shared by tenants, owned & maintained by landlord). A central location in the middle of Springfield makes these units easy to rent at aggressive rates. Well maintained units ready to generate income with little effort!
Listed by
Listing Office - The Real Estate Group Inc.
Source: RMLS Alliance mls logo
MLS#CA1003626 • last updated 7 months ago
Movoto checked RMLS Alliance for data 13 hours ago
Overview
Heating Forced Air, Natural Gas
Levels/Style Two Or More Story, Duplex
MLS # CA1003626
Status Sold
SubType Residential Income
Property Tax 1561.5
Year Built 1935
Interior
Laundry Common Area
Exterior
Roof Shingle
Construction Brick
Parking Detached
# of Parking Spaces 2
Lot Features Corner Lot
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Springfield District #186
APN 14340309017
Directions South Grand To North On 2nd. Just Down From The Corner Of Scarritt And 2nd
Multifamily Details
Total # of Units 2
Net Operating Income 16166
Expense: Water/Sewer 730
Expense: Operating 2434
Expense: Trash 195
Gross Income 18600
Gross Scheduled Income 18600
$187K
Range: $134K-$239K
Last 30 days 
Rental est.: $912/month
Gross rent multiplier: 11.6
  • Feb 2021
    Public Records
  • Feb 16, 2021 Sold
    $127,000 (+81.4%)
  • Jan 2015
    Public Records
  • Jan 13, 2015 Sold
    $70,000
  • Year Property taxes Tax assessment
  • 2024
    $3,323 +5.5%
    $45,560 +9.48%
  • 2023
    $3,149 +5.0%
    $41,615 +5.42%
  • 2022
    $3,000 +2.1%
    $39,475 +3.89%
  • 2021
    $2,938 +37.1%
    $37,997 +56.17%
  • 2020
    $2,143 +37.6%
    $24,331 +1.38%
  • 2019
    $1,558
    $23,999 -1.79%
  • 2018
    $1,558 -23.0%
    $24,436 +1.31%
  • 2017
    $2,022 +36.4%
    $24,120 +1.48%
  • 2016
    $1,482 +0.6%
    $23,769 +1.21%
  • 2015
    $1,472 -56.0%
    $23,485
  • 2014
    $3,345 +2.3%
    —
  • 2013
    $3,271
    —
  • 948 S 2nd St
    $127K
  • Old Aristocracy Hill
    $85K -43% y/y
  • 62704
    $184K 0% y/y
  • Springfield
    $189K +3% y/y
No chart available
Statistics calculated by Movoto

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5/10
Springfield High School
public Grades 9-12
Springfield School District 186
Source: GreatSchools.org © 2026. All rights reserved.

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