1038 N 1ST Street, Springfield, IL 62702 (MLS # CA1042419)

Price $150,000
Status Active
Beds 0
Baths 0 Bath
Home size 2,743 sqft
Lot Size n/a
Days on Market 45
Calling all investors! This super conveniently located rental property sits just blocks from Memorial Medical Center and SIU School of Medicine, and offers the perfect spot to house medical students and traveling nurses. Currently fully leased, so income will be immediately generated. This single family home was duplexed in the 1990's, and has seen replaced siding, windows, some updated HVAC, & the electric and gas meters have been separated. Shared washer & dryer available in basement. One unit has 1 bedroom, 1 Bath, living room and kitchen. Second unit has 4 bedrooms, 1.5 baths, living room, kitchen and closets for storage. Shared basement offers even more usable storage. Off street, ally side parking easily accommodates 4 cars, with even more parking at the street. This is a super affordable duplex that will increase your portfolio earnings!
Property Type(s): Residential Income
Last Updated 4/3/2026 Tract None
Year Built 1913 Community Springfield
County Sangamon

SCHOOLS

High School Springfield District #186

Additional Details

AIR Central Air, Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Gas Water Heater, Range, Refrigerator, Water Heater
AREA Springfield
BASEMENT Full, Unfinished, Yes
CONSTRUCTION Vinyl Siding
HEAT Forced Air, Natural Gas
HOA DUES Monthly
LOT DESCRIPTION Level
LOT DIMENSIONS 47x148
PARKING Guest, On Street, Parking Pad
SEWER Public Sewer
SUBDIVISION None
TAXES 3899.56
UTILITIES Cable Available
WATER Public
Listing provided by Joshua F Kruse, The Real Estate Group, Inc., Offc: 217-787-7000

RMLS Alliance

Listings courtesy of RMLS Alliance as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/2/26 12:48 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS.

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