7 months on rocket

1251 N 2nd St, Springfield, IL, 62702

$115,000

Home List Price

$1,366*

Closing Credit

0 Baths
Multi

Location

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1251 N 2nd St, Springfield$115,000

Buyer Closing Credits

$1,366*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOther
HeatingElectric, Natural Gas, Other
BasementYes
MLS #CA1029306
StatusActive

About 1251 N 2nd St

Unique Investment Opportunity! This property features two separate homes on one parcel, making it a fantastic investment opportunity. Home 1: A two-bedroom, one-bathroom currently rented to a cash tenant for $850/month. Home 2: A one-bedroom, one-bathroom house, completely remodeled in late 2023, rented through Section 8 for $773/month. Both homes offer a great return on investment with stable tenants in place. 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: Electric, Natural Gas, Other

Other

Directions Information:

  • Directions: FROM N GRAND AVE WEST, HEAD NORTH ON N 2ND ST, PROPERTY ON LEFT

Price Information

Listing Price Info

Price Summary:

  • List Price: $115,000

Tax Information:

  • Annual Amount: $1,337
  • 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

1251 N 2nd St vs Springfield

210 DAYS ON ROCKET

+194 Days

$115,000

-$54.9K Less

KEY TAKEAWAY

This property is $54.9K less 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: #CA1029306

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

Tax History

YEARPROP. TAXASSESSMENT
2020$1,337$15,182
2019$1,340$15,129
2018$1,340$15,855
2017$1,312$15,650

History based on county public records data.

Payment Calculator

$641

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$411

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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-4533439
6
/10

  • Enos Elementary School

  • 524 W Elliott Ave

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-4533440
5
/10

  • McClernand Elementary School

  • 801 N 6th St

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-4533441
2
/10

  • Ridgely Elementary School

  • 2040 N 8th St

  • 0.92 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 $32,308. The most common annual income of people living in Springfield, IL is less than $35k. Typical family type 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›62702›1251 N 2nd St

This home is located at 1251 N 2nd St in Springfield, IL and zip code 62702 in the Oak Ridge neighborhood. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $115,000.

Over 42 listings were sold over their listed price in November 2024 in Springfield, IL. In the same period over 61 listings were sold below the listed price and 25 listings were sold for the listed price. The number of homes for sale in Springfield, IL decreased by 6% between October 2024 and November 2024. While the average time on the market in November 2024 was 16 days, the median list price was $169,915.

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

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