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    1038 N 1ST Street Springfield, IL 62702

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    For Sale
    $150,000

    MULTI_FAMILY - Springfield, IL

    Added:
    Mar 18, 2026
    Days on Market:
    51
    Last Refresh:
    May 7 at 9:06 pm

    Property Features for 1038 N 1ST Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3
    Parking
    2
    Parking features
    Guest, On Street
    Interior features
    Cable Available
    Basement
    Unfinished, Full
    Standard status
    Active
    APN
    14-28.0-230-033

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    N 47' S 90' LOT 10 JAYNE WEBER & HELMLE ADDN & S 47'N 210' LOT 3 ANDREW ELLIOTTS SUB 47 X 148.80
    Tax Annual Amount
    3900

    Utilities

    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1913
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Shingle

    We can help!

    Listing Contact
    Joshua Kruse

    Listing agent Joshua Kruse License #475144896

    Listing office The Real Estate Group, Inc. 3701 West Wabash, Springfield, IL

    Listing date Mar 18, 2026

    MLS# CA1042419 Listing URL

    Copyright © 2026 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.

    HighLights

    • Prime location near Memorial Medical Center and SIU School of Medicine, ideal for medical students and traveling nurses.
    • Currently fully leased, providing immediate income generation.
    • Duplex configuration with a 1‑bedroom unit and a 4‑bedroom unit.
    • Off‑street parking for 4 cars via alley access, plus additional street parking.
    • Updated features include replaced siding, windows, some HVAC updates, and separated electric and gas meters.
    • Shared basement with washer/dryer and additional storage space.

    Overview

    Springfield Duplex Near Medical Center

    This conveniently located rental property is situated blocks from Memorial Medical Center and SIU School of Medicine. The property is currently fully leased, providing immediate income. Originally a single-family home, it was converted into a duplex in the 1990s. Upgrades include replaced siding, windows, some updated HVAC, and separated electric and gas meters. A shared washer and dryer are available in the basement. One unit features 1 bedroom, 1 bath, a living room, and a kitchen. The second unit includes 4 bedrooms, 1.5 baths, a living room, a kitchen, and closets for storage. The shared basement offers additional storage space. Off-street parking on the alley side can accommodate 4 cars, with further parking available on the street. The property is located in Springfield, Illinois, with a postal code of 62702, in Sangamon County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.654291
    Latitude
    39.813512

    FAQs

    What type of property is this?
    Duplex - Income-generating duplex near Memorial Medical Center and SIU School of Medicine.
    Where is this duplex located?
    The property is located at 1038 N 1ST Street 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: Prime location near Memorial Medical Center and SIU School of Medicine, ideal for medical students and traveling nurses.; Currently fully leased, providing immediate income generation.; Duplex configuration with a 1‑bedroom unit and a 4‑bedroom unit.
    More about this property
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