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Side-by-Side Duplex
New
For Sale
$259,900

4001 & 4003 HAZELCREST Road, Springfield, IL 62703

Residential Income, Springfield, IL

Property SizeContact for details
Days on Market3

Property Features for 4001 & 4003 HAZELCREST Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 5, Bedroom 7, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 6
Parking 4
Parking features Alley, On Street
Basement Partially Finished, Finished
Subdivision Franklin Park Estates
Lot features Corner Lot
High school Springfield District #186
Directions E Hazel Dell Rd turn right onto Hazelcrest Rd
Standard status Active
APN 22-23.0-101-002

Taxes and HOA fees

Tax Year 5141
Tax Description FRANKLIN PARK ESTATES L 2
Tax Annual Amount 2026
Legal Description FRANKLIN PARK ESTATES L 2

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1970
Number of units 2
Building materials Brick, Vinyl Siding
Roof type Shingle
Listing Agency: The Real Estate Group, Inc.
Listed By: Xuna Hu
Added: Sep 7 Changed: Sep 8 Last Checked: Sep 9 at 3:06AM
MLS# CA1046326

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 1970, this side-by-side duplex includes two separate residences with distinct layouts. The left unit has 3 bedrooms, 2 full bathrooms, and a 2-car garage, along with a remodeled bathroom featuring a tiled shower. The right unit contains 4 bedrooms and 1.5 bathrooms, with updated LVP flooring in the kitchen and a separate rear driveway. Both units are served by forced-air heating and central air, with public water, shingle roofing, and brick and vinyl siding. Parking is also available through the alley and on-street spaces.

The property is located at 4001 & 4003 Hazelcrest Road in Springfield, near schools, Walmart, shopping, restaurants, and other everyday amenities. Major roads are readily accessible. One residence has a long-term tenant who has lived there for approximately 18 years and would like to remain, while the two-unit configuration also supports owner-occupancy or continued rental use.

Key Highlights

  • Side‑by‑side duplex with 2 separate residences
  • Left unit: 3 bedrooms, 2 full bathrooms, and a 2‑car garage
  • Right unit: 4 bedrooms, 1.5 bathrooms, and a separate rear driveway

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store

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

86
Businesses Nearby

Demographics for 62703, IL

28,344
Population
14,320
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
85%
High-School Grad
14.9 sq mi
ZIP Area
1,902
Density / Sq Mi
$44,580
Median Household Income
$36,345
Median Earnings
$971
Median Rent
$93,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two distinct residences offer different bedroom and bath layouts, with one side including a remodeled tiled-shower bathroom.
Where is this duplex located?
The property is located at 4001 & 4003 HAZELCREST Road Springfield, IL.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Side‑by‑side duplex with 2 separate residences; Left unit: 3 bedrooms, 2 full bathrooms, and a 2‑car garage; Right unit: 4 bedrooms, 1.5 bathrooms, and a separate rear driveway
More about this property
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