$2,671

closing credit¹

1125 S Spring St Springfield, IL 62704

$224,900
Multi-Family

Property details

About 1125 S Spring St

INVESTMENT OPPORTUNITY: Updated Triplex with Solid Cash Flow! An exceptional investment property located in Springfield, this triplex offers three one-bedroom, one-bathroom units. Each unit has undergone extensive updates from 2023 to 2024, ensuring modern amenities and increases rental appeal. Gross rent $2800/month Unit A: Currently rented at $975/month Unit B: Currently rented at $975/month Unit C: Currently rented at $850/month All tenants are reliable cash tenants, providing a stable income stream. Showings require 24-hour notice.

Highlights

Home typeMulti Family
HeatingNatural Gas, Central
StatusActive
BasementYes
Year built
ParkingOther
MLS #CA1029308

Summary

  • MLS Number: CA1029308
  • MLS Name: RMLSA
  • Office Name: The Real Estate Group, Inc.
  • Office Phone: (217) 971-3383
  • Listing Agent: Daniel Nika

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/9/2025, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bungalow-style home with covered porch

$224,900

1125 S Spring St

$2,671

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 06, 2022
Home Sold
$97,000
Jan 04, 2013
Home Sold
$20,000
May 20, 2009
Home Sold
$80,000

Tax history

YearAssessmentProperty Tax
2023$30,630$2,708
2022$14,554$1,304
2021$14,009$1,260
2020$14,030$1,235
2019$13,981$605
2018$7,161$605
2017$7,069$592

History based on county public records data.

Nearby schools

3

Elizabeth Graham Elementary School

Public District KG-5

0.7 mi

900 W Edwards St

6

Butler Elementary School

Public District KG-5

0.8 mi

1701 S MacArthur Blvd

1

Feitshans Elementary School

Public District PK-5

1.1 mi

1101 S 15th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $24,209. Residents of Springfield, IL typically earn less than $<35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

65%
<35k
23%
35k-100k
11%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

69%
Single, No Kids
18%
Single, with Kids
8%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
6%
12-17 yrs old
36%
18-34 yrs old
38%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • UFCUFC
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Cicis PizzaCicis Pizza
  • Burger KingBurger King
  • StarbucksStarbucks

What do the neighbors drive?

  • PontiacPontiac
  • BuickBuick
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1125 S Spring St in Springfield, IL and zip code 62704 in the Vinegar Hill neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $224,900.

In January 2025, from all listings sold in Springfield, IL there were more than 22 sold above asking price, over 46 sold below and more than 22 were sold right at the asked price. The inventory of homes for sale in Springfield, IL between December and January 2025 decreased by 14.8%. While the average time on the market in January 2025 was 23 days, the median list price was $169,090.

From Rocket Homes Real Estate and based on county public records data.

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