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Updated Duplex
For Sale
$174,500

1515-1517 MARYLAND Avenue, Springfield, IL 62702

Residential Income, Springfield, IL

Property SizeContact for details
Days on Market130

Property Features for 1515-1517 MARYLAND Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 4
Parking 4
Parking features Assigned
Interior features Cable Available, High Speed Internet
Basement Crawl Space
Lot features Level
High school Springfield
Directions North on 11th to Converse to Maryland
Standard status Active
APN 14220435013

Taxes and HOA fees

Tax Year 2025
Tax Description L 64 Reservoir Park Place
Tax Annual Amount 1624
Legal Description L 64 Reservoir Park Place

Utilities

Heating system Electric (Heating), Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1977
Number of units 2
Building materials Vinyl Siding
Roof type Shingle
Listing Agency: Keller Williams Capital · Keller Williams Realty
Listed By: Lisa Haggerty
Added: Jun 3 Changed: Oct 8 Last Checked: Oct 10 at 2:06PM
MLS# CA1044197

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.

Investment Insights

Based on property information with market context.

Built in 1977, this duplex has two bedrooms and one full bath in each residence. Interior updates include fresh paint, newer flooring, refreshed kitchen finishes, and bathroom improvements. The included appliances comprise a refrigerator, stove, washer, and dryer.

The north-side roof has been replaced, and the property also has a new water heater and two new toilets. Vinyl siding, shingle roofing, central air, and electric forced-air heat are among the building features. Public water service and assigned parking are also provided.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 full bath
  • Fresh paint, newer flooring, and updated kitchen finishes
  • Refrigerator, stove, washer, and dryer included

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Bakery Electrical Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

381
Businesses Nearby

Demographics for 62702, IL

33,712
Population
17,083
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
15.4 sq mi
ZIP Area
2,189
Density / Sq Mi
$52,748
Median Household Income
$38,160
Median Earnings
$858
Median Rent
$102,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences provide a two-bedroom, one-bath layout on each side.
Where is this duplex located?
The property is located at 1515-1517 MARYLAND Avenue Springfield, IL.
What is the asking price?
The asking price for this property is $174,500.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bath; Fresh paint, newer flooring, and updated kitchen finishes; Refrigerator, stove, washer, and dryer included
More about this property
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