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    318 S State St Springfield, IL 62704

    Sponsored
    For Sale
    $150,000

    MULTI_FAMILY - Springfield, IL

    Days on Market:
    9
    Last Refresh:
    Jan 6 at 2:06 pm

    Property Features for 318 S State St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    14330130007
    Interior features
    Cable Available
    Basement
    Full

    Utilities

    Heating system
    Natural Gas, Baseboard, Electric (Heating), Forced Air
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Shingle

    Keller Williams Capital (217) 553-4368 [email protected]

    Listing agent Edward Bowen

    Listing date Dec 29, 2025

    MLS# CA1041072 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 Duplex with Recent Renovations

    This is a duplex located in Springfield, Illinois. The property features a new 50-year roof, as well as updated plumbing, electrical systems, siding, insulation, gutters, and downspouts. The interior has been renovated with new flooring and drywall installed after the plaster was removed to the studs. Unit 2 includes new kitchen cabinets and appliances. The third level benefits from a new HVAC system. The property is being sold in as-is condition. Square footage is believed to be accurate but is not warranted. Two additional properties, located at 1129 S SPRING Street & 830 W JEFFERSON Street, are available for purchase as a package with this property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -89.666235
    Latitude
    39.799063

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    FAQs

    What type of property is this?
    Duplex - Renovated duplex with new roof, plumbing, electrical, and HVAC.
    Where is this duplex located?
    The property is located at 318 S State St Springfield, IL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Like-new duplex with significant cash flow potential.; - Comprehensive renovation including new 50-year roof, plumbing, electrical, siding, insulation, gutters, downspouts, and flooring.; - New kitchen cabinets and appliances in unit 2.
    (217) 414-3509
    Request Owner's contact information
    318 S State St Springfield, IL 62704
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    Springfield, IL 62704
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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
    318 S State St Springfield, IL 62704
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