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Backup Offers

2112 S 5th St, Springfield, IL, 62703

$182,000

Home List Price

$2,161*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,000 SqFt
$91/SqFt
House

Location

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2112 S 5th St, Springfield$182,000

Buyer Closing Credits

$2,161*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street, Paved
Year Built1945
HeatingElectric, Natural Gas
BasementYes
MLS #CA1032472
StatusAccepting Backup Offers
(Pending Continue to Show)

About 2112 S 5th St

Prime Investment Portfolio: 5 Single-Family Homes with Strong Cash Flow and Recent Upgrades! Attention investors! This is your chance to acquire 5 single-family homes, with 3 currently occupied by long-term tenants, generating immediate income. Property Details: 1507 Pennsylvania Ave – Rented for $1,100/month, featuring new roof (2022), windows, hot water heater, and furnace. 911 N 12th St – Rented for $650/month. 925 S 14th St – Rented for $700/month. 2115 S 5th St – Recent updates include new roof (2024), hot water heater, and furnace. 1530 Melrose Ave – New roof (2023), hot water heater, and furnace. Three properties are already generating $2,450/month in rental income with stable, long-term tenants, offering an immediate return on your investment. The additional properties are primed for leasing or improvements, allowing you to maximize your investment potential. With recent capital improvements, including new roofs, hot water heaters, and furnaces across multiple properties, future maintenance costs are minimized, making this an even more attractive opportunity. Located in sought-after rental areas, this portfolio is ideal for both seasoned investors and those looking to expand their holdings. Don’t miss this chance to acquire a well-maintained portfolio with built-in cash flow and excellent upside potential! All properties being sold- as- is. Inspections are welcome.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1945
  • Living Area: 2,000 SqFt

Listing Office:

  • Office Name: Keller Williams Capital
  • Office Phone: (309) 422-6314
  • Listing Agent: Janaya Ochoa

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: On Street, Paved

Lot Features

Lot Information:

  • Lot: Other

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas

Other

Directions Information:

  • Directions: From South MacArthur, Left on to Ash Ave, Right onto South 5th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $182,000
  • Price Per SqFt: $91/SqFt

Tax Information:

  • Annual Amount: $1,842
  • 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

$167.2K

Med. Price/SqFt

$104

Avg. Days On Market

21

# of Sold Homes

156

2112 S 5th St vs Springfield

38 DAYS ON ROCKET

+17 Days

$182,000

+$14.7K More

$91/SqFt

-$13 Less

KEY TAKEAWAY

This property is $14.7K more than the Median Sold Price and $13/SqFt less than other homes in Springfield, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #CA1032472

Listing Office:

  • Office Name: Keller Williams Capital
  • Office Phone: (309) 422-6314
  • Listing Agent: Janaya Ochoa

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: 11/21/2024, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 16, 2016Home Sold
$26,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,842$20,909
2019$1,942$20,836
2018$1,942$22,982
2017$1,902$22,685

History based on county public records data.

Payment Calculator

$976

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$612

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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-237786
4
/10

  • Black Hawk Elementary School

  • 2500 S College St

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-237787
2
/10

  • Harvard Park Elementary School

  • 2501 S 11th St

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-237788
6
/10

  • Butler Elementary School

  • 1701 S MacArthur Blvd

  • 1.08 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,121. Most Springfield, IL residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2112 S 5th St

What is the listing price of this property?

The listing price of 2112 S 5th St property is $182,000.

What type of property is this?

The property 2112 S 5th St is a house located in Springfield, Illinois, 62703.

Is this property for sale now?

Accepting Backup Offers: 2112 S 5th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,842 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 16, 2016 for $26,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2112 S 5th St has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 2112 S 5th St is 2,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2112 S 5th St is 1945.

Rocket Homes›Illinois›Sangamon County›Springfield›62703›2112 S 5th St

This home is located at 2112 S 5th St in Springfield, IL and zip code 62703 in the Near South neighborhood. This 2,000 square foot home was built in 1945. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 13, 2024 and is currently priced at $182,000.

While more than 46 listings in Springfield, IL in October 2024 were sold above asking price, there were more than 35 listings sold at asking price, and more than 75 were sold below. In October 2024 in Springfield, IL there were 6% less homes for sale than in September 2024. In October 2024 median list price was $167,290 and the average listing age was 21 days.

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

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