14 days on rocket

1801 S 1st St, Springfield, IL, 62704

$79,900

Home List Price

$949*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1801 S 1st St, Springfield$79,900

Buyer Closing Credits

$949*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAlley Access
Year Built1970
HeatingElectric, Central, Other
BasementYes
MLS #CA1028495
StatusActive

About 1801 S 1st St

Attention investors! This home is located in a centrally convenient location and comprises two units. The first-floor unit has 2 bedrooms and 1 bathroom, with long-term tenants of 6 years generating a rental income of $600 per month. The second unit offers 1 bedroom and 1 bathroom, with a rental income of $500 per month from tenants who have been there for over a year. With a high cap rate, this property is worth considering! Take a look!

Property Details

Property Features

Property Information:

  • Year Built: 1970

Listing Office:

  • Office Name: The Real Estate Group, Inc.
  • Office Phone: (847) 420-6588
  • Listing Agent: Xuna Hu

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Alley Access

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Electric, Central, Other

School Info

Assigned Schools Information:

  • Springfield Southeast High School, Public District Grades 9-12
  • Jefferson Middle School, Public District Grades 6-8
  • Black Hawk Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: W Laurel St turn right onto S 1st St, house is on the right corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $79,900

Tax Information:

  • Annual Amount: $1,199
  • 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

$155.7K

Med. Price/SqFt

$100

Avg. Days On Market

22

# of Sold Homes

143

1801 S 1st St vs Springfield

14 DAYS ON ROCKET

-8 Days

$79,900

-$75.8K Less

KEY TAKEAWAY

This property is $75.8K 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: #CA1028495

Listing Office:

  • Office Name: The Real Estate Group, Inc.
  • Office Phone: (847) 420-6588
  • Listing Agent: Xuna Hu

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: 4/29/2024, 3:20:20 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

Feb 05, 2009Home Sold
$31,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,199$13,607
2019$938$13,559
2018$938$11,099
2017$918$10,955

History based on county public records data.

Payment Calculator

$466

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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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.

Elementary School

school-card-donut-3182581
6
/10

  • Black Hawk Elementary School

  • 2500 S College St

  • 0.63 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3182582
1
/10

  • Jefferson Middle School

  • 3001 S Allis St

  • 1.80 miles

  • Public District Grades 6-8

High School

school-card-donut-3182583
2
/10

  • Springfield Southeast High School

  • 2350 E Ash St

  • 1.82 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,705. The majority of Springfield, IL residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Sangamon County›Springfield›62704›1801 S 1st St

This home is located at 1801 S 1st St in Springfield, IL and zip code 62704 in the Grand Central neighborhood. This home was built in 1970. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $79,900.

Springfield, IL housing market in March 2024 saw over 45 listings sold above listed price, more than 27 sold at listed price and over 71 sold below. The number of homes for sale in Springfield, IL increased by 18.9% between February 2024 and March 2024. Listings spent 22 days on the market in March 2024, and had a median list price of $155,769 during the same period.

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

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