Springfield Multifamily Investment Opportunity

629 W WASHINGTON Street, Springfield, IL 62702

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Pending

$385,000

MULTI_FAMILY - Springfield, IL

HighLights

Centrally located 6‑unit complex with 4 two‑bedroom/1‑bath units and 2 one‑bedroom/1‑bath units
2019 updates include new flooring, fixtures, kitchens, and bathrooms
Coin‑operated laundry in the common area
Heating: natural gas; cooling: central air; roof: shingle; construction materials: wood siding
Water is public; tenants pay unit utilities while owner pays for water and garbage disposal service
Three units currently vacant and undergoing turnover rehab

We can help!

Contact an agent

Joshua Kruse

Pending

$385,000

MULTI_FAMILY - Springfield, IL

Added:: May 11, 2026
Days on Market:: 48
Last Refresh:: Jun 27 at 11:06 am

Property Features for 629 W WASHINGTON Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 8
Bathrooms: 4
Rooms: Bathroom 3, Bedroom 8, Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 6, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 1
Parking: 6
Basement: Finished
Standard status: Pending
APN: 14-28.0-455-022

Taxes and HOA fees

Tax Year: 2023
Tax Description: S 74'6'' N 18' S 92' 6'' W14' L 16 COWGILLS ADDN
Tax Annual Amount: 9836

Utilities

Heating system: Natural Gas
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1967
Number of units: 6
Building materials: Wood Siding
Roof type: Shingle

We can help!

Contact an agent

Joshua Kruse

Listing agent Joshua Kruse License #475144896

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

Listing date May 11, 2026

MLS# CA1043632 Listing URL

HighLights

Centrally located 6‑unit complex with 4 two‑bedroom/1‑bath units and 2 one‑bedroom/1‑bath units
2019 updates include new flooring, fixtures, kitchens, and bathrooms
Coin‑operated laundry in the common area
Heating: natural gas; cooling: central air; roof: shingle; construction materials: wood siding
Water is public; tenants pay unit utilities while owner pays for water and garbage disposal service
Three units currently vacant and undergoing turnover rehab

Overview

This centrally located six-unit complex in Springfield, Illinois, is situated in a high-traffic area and maintains a high occupancy rate. The property features four two-bedroom, one-bath units and two one-bedroom, one-bath units, offering diverse options for prospective tenants. In 2019, the property underwent substantial updates, including new flooring, fixtures, kitchens, and bathrooms. Tenants are responsible for their unit utilities, while the owner covers water and garbage disposal services. A coin-operated laundry facility in the common area provides an additional amenity. Currently, three units are vacant and undergoing turnover rehabilitation following tenant clean up.

Property Profile Location Intelligence

Current Use by Public Records

Springfield Clock Shop (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Springfield
County: Sangamon
State: Illinois
Longitude: -89.662536
Latitude: 39.801757

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For sale
Apartment buildings
IL
Springfield
62702
629 W WASHINGTON Street

What type of property is this?

Apartment building - Six-unit complex with high occupancy and recent renovations.

Where is this apartment building located?

The property is located at 629 W WASHINGTON Street Springfield, IL.

What is the asking price?

The asking price for this property is $385,000.

What are key features of this property?

This property features: Centrally located 6‑unit complex with 4 two‑bedroom/1‑bath units and 2 one‑bedroom/1‑bath units; 2019 updates include new flooring, fixtures, kitchens, and bathrooms; Coin‑operated laundry in the common area

629 W WASHINGTON Street, Springfield, IL 62702

MULTI_FAMILY - Springfield, IL

Property Features for 629 W WASHINGTON Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Versatile Commercial Property, Springfield, IL

Spacious Office Building, Springfield, IL

Multi-Purpose Building with Basketball Court

Warehouse & Flex Distribution Facility

Versatile Commercial Property in Springfield

Springfield Industrial Park Warehouse Building

Springfield Strip Mall For Sale

Indoor Trampoline Entertainment Facility

Well-Maintained Office Building

Class A Office Building with Elevator Access

Warehouse with Multiple Overhead Doors

Multi-Unit Office and Retail Building

FAQs