$198,500

400-402 E Laurel Springfield, IL 62704

$2,357
Closing credit¹
Multi-Family

Property details

About 400-402 E Laurel

INVESTMENT OPPORTUNITY! Up and down duplex. Upper unit 5BR 2BA $1300 monthly rent. Lower unit 4BR 2BA $1300 monthly rent. Tenant pays all utilities except trash. Four car garage can be rented for $300 per month.

Highlights

Home typeMulti Family
HeatingOther
StatusActive
CoolingCentral Air
BasementYes
Year built1925
ParkingAlley Access
MLS #CA1036105

Summary

  • Basement: Yes
  • Parking: Alley Access
  • Heating: Other
  • Cooling: Central Air
  • List Price: $198,500
  • Lot: Other
  • Directions: See GPS directions
  • Year Built: 1925
  • MLS Number: CA1036105
  • MLS Name: RMLSA
  • Office Name: The Real Estate Group, Inc.
  • Listing Agent: Debra Sarsany

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: 5/2/2025, 8:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring a front lawn and entry steps

$198,500

400-402 E Laurel

$2,357

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

4

Black Hawk Elementary School

Public District KG-5

0.7 mi

2500 S College St

7

Butler Elementary School

Public District KG-5

0.9 mi

1701 S MacArthur Blvd

1

Feitshans Elementary School

Public District PK-5

1.0 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 $41,121. Most Springfield, IL residents have annual incomes less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

45%
<35k
42%
35k-100k
13%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

53%
Single, No Kids
17%
Single, with Kids
17%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
8%
12-17 yrs old
30%
18-34 yrs old
37%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • DillardsDillards
  • Books-a-MillionBooks-a-Million
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • Church's ChickenChurch's Chicken
  • White CastleWhite Castle

What do the neighbors drive?

  • HyundaiHyundai
  • ToyotaToyota
  • ChevroletChevrolet

What do the neighbors listen to?

  • RockRock
  • Adult HitsAdult Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 400-402 E Laurel in Springfield, IL and zip code 62703 in the Near South neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $198,500.

In April 2025 more than 38 listings in Springfield, IL were sold above the asking price. During the same period more than 32 listings were sold at asking price, while more than 54 were sold below. Between March and April 2025, Springfield, IL real estate market has seen increase in the number of listings by 11.1%. The median list price of listings available in April 2025 was $170,111, while the average time on the real estate market was 23 days.

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

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