7 months on rocket

1125 S Spring St, Springfield, IL, 62704

$224,900

Home List Price

$2,671*

Closing Credit

0 Baths
Multi

Location

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1125 S Spring St, Springfield$224,900

Buyer Closing Credits

$2,671*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOther
HeatingNatural Gas, Central
BasementYes
MLS #CA1029308
StatusActive

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. Unit A: Currently rented at $850/month Unit B: Currently rented at $850/month Unit C: Currently rented at $1050/month All tenants are reliable cash tenants, providing a stable income stream. Showings require 24-hour notice.

Property Details

Property Features

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Other

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Natural Gas, Central

Other

Directions Information:

  • Directions: FROM SOUTH GRAND, HEAD NORTH ONTO SPRING, PROPERTY ON LEFT.

Price Information

Listing Price Info

Price Summary:

  • List Price: $224,900

Tax Information:

  • Annual Amount: $1,236
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Springfield, IL.

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Springfield, IL

City

Med. Sold Price

$169.9K

Med. Price/SqFt

$103

Avg. Days On Market

16

# of Sold Homes

128

1125 S Spring St vs Springfield

210 DAYS ON ROCKET

+194 Days

$224,900

+$54.9K More

KEY TAKEAWAY

This property is $54.9K more than the Median Sold Price in Springfield, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #CA1029308

Listing Office:

  • 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.

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 © 2024 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: 12/18/2024, 12:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 04, 2013Home Sold
$20,000
May 20, 2009Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,236$14,030
2019$605$13,981
2018$605$7,161
2017$593$7,069

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4524208
3
/10

  • Elizabeth Graham Elementary School

  • 900 W Edwards St

  • 0.74 miles

  • Public District Grades KG-5

school-card-donut-4524209
6
/10

  • Butler Elementary School

  • 1701 S MacArthur Blvd

  • 0.82 miles

  • Public District Grades KG-5

school-card-donut-4524210
1
/10

  • Feitshans Elementary School

  • 1101 S 15th St

  • 1.07 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Sangamon County›Springfield›62704›1125 S Spring St

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

In November 2024 more than 42 listings in Springfield, IL were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 61 were sold below. The inventory of homes for sale in Springfield, IL between October 2024 and November 2024 decreased by 6%. In November 2024, listings were on the market for 16 days. During the same period, the median list price in this real estate market was $169,915.

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

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