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    1025 S 5Th St Springfield, IL 62703

    Picture of Apartment buildings at S 5Th St 1025, Springfield, IL
    Pending
    For Sale
    $1,000,000

    Commercial - Springfield, IL

    Property size:
    12,408 SF
    Days on Market:
    39
    Last Refresh:
    Dec 8 at 8:06 am

    Property Features for 1025 S 5Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    R5-B
    APN
    14340353025
    Parking
    30
    Size
    12,408 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1958
    Number of units
    19
    Flooring type
    Carpet, Tile
    Building materials
    Brick
    Roof type
    Rolled/Hot Mop
    Architectural style
    Other

    The Real Estate Group, Inc. (217) 787-7000 [email protected]

    Listing agent Kyle Killebrew (217) 787-7000 License #475109198

    Listing date Oct 31, 2025

    MLS# CA1039852 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Springfield Multifamily Investment Opportunity

    Located in downtown Springfield, this property features two buildings comprising nineteen 1-bedroom, 1-bathroom units and one office. The property, zoned R5-B, has been recently improved and is income-generating. The total property size is 12408 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Core 3 Property Management Company Springfield Clinic West Medical Clinic

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.65005
    Latitude
    39.79017

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    FAQs

    What type of property is this?
    Apartment building - Two buildings with nineteen 1BR units and one office.
    Where is this apartment building located?
    The property is located at 1025 S 5Th St Springfield, IL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Nineteen 1BR/1BA units offer significant income-generating potential.; - Prime downtown Springfield location.; - Recently improved units.
    (217) 787-7000
    Request Owner's contact information
    1025 S 5Th St Springfield, IL 62703
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    Springfield, IL 62703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1025 S 5Th St Springfield, IL 62703
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