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    1219 W Lawrence Ave Springfield, IL 62704

    For Sale
    $130,000

    Two-unit duplex near Washington Park with potential for rental income.

    Property Features for 1219 W Lawrence Ave

    General Information

    Interior features
    Interior Feature 1, : "Baseboard", "Interior Feature 2": "Electric", "Interior Feature 3": "Forced Air", "Interior Feature 4": "Natural Gas", "Interior Feature 5": "Window Unit(s)", "Interior Feature 6": "Fridge", "Interior Feature 7": "Ranges"
    Exterior features
    exterior_features, : ["Shingle"]

    Building Details

    Year built
    1910

    Source: Keller Williams CapitalKeller Williams CapitalKeller Williams Capital Agent Tracy ShawTracy ShawTracy Shaw

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Duplex Near Washington Park

    This two-unit duplex is located near Washington Park and downtown Springfield. Both units will be vacant, allowing a new owner to establish new leases and rents. Each unit features one bedroom; however, the upper unit's living room has a door and could function as a second bedroom by utilizing the space off the kitchen as a living area. The upper unit was renovated two years ago with neutral tones and luxury vinyl flooring. The lower unit features hardwood floors and elevated ceilings. Both units are equipped with new appliances. Plumbing for a stackable washer and dryer has been added to the upper unit. The lower unit includes access to a full basement for storage, shelter, and a washer and dryer (new in 2025). All windows in the front of the home and the entire lower level were replaced two years ago. A 30-year architectural roof was installed in 2025, and a new upper-level water heater was installed in 2025. The asphalt off-street parking area was repaved in 2023. This property offers possibilities for growing a real estate portfolio or for a homeowner looking to offset rent.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -89.67376
    Latitude
    39.794365

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    FAQs

    What type of property is this?
    Duplex - Two-unit duplex near Washington Park with potential for rental income.
    Where is this duplex located?
    The property is located at 1219 W Lawrence Ave Springfield, IL.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - Vacant 2-unit duplex allows for setting new leases and rents.; - Upper unit completely renovated 2 years ago with luxury vinyl flooring and neutral tones.; - Newer roof (2025), repaved parking (2023), and replaced windows (2 years ago) indicate recent upgrades.
    Request Owner's contact information
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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
    1219 W Lawrence Ave Springfield, IL 62704
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