SOLD APR 17, 2026

Sold on Apr 2026

$965,000

•

14,000

sq ft

1025 S 5th St, Springfield, IL 62703

About this home

Flats On Fifth is a 19-unit multifamily asset in the heart of Springfield offering 19 renovated 1 bed 1 bath units across 2 levels & approx. 14,000 SF, allpositioned next to major demand drivers including Springfield Clinic Main Campus. Units were updated in 2022–2023 with flooring, paint, cabinets/counters as needed& appliances as needed, plus most HVAC has been refurbished or replaced in the last 18 months. Owner is currently replacing the entire roof on the north building.Value-add remains with an approx. 800 SF office space that’s currently vacant, includes 2 bathrooms & can be renovated & leased for additional income. Central,commuter-friendly location surrounded by well-kept commercial properties supports strong tenant demand including mid-term stays like traveling nurses & students.

Multi-familyProperty Type

1958Year Built

0.35 acresLot Size

$69Price/Sq.Ft.

30 spacesParking

Listed by Kyle Killebrew • The Real Estate Group, Inc.

Contact: Mobl: 217-741-4040

Bought with Jami Winchester • The Real Estate Group, Inc.

Redfin checked: 2 minutes ago

•Source:RMLSA as Distributed by MLS Grid #CA1041899

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 62703, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.4%

+1.4% MoM

Median sale price

$135K

$4K MoM

Avg. days on market

0 days MoM

Recently sold homes

1 MoM

New listings for sale

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3 beds2.5 baths2,283 sq ft
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NEW 14 HRS AGO
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3 beds1.5 baths1,833 sq ft
3606 Sheffield Rd, Springfield, IL 62703
NEW 17 HRS AGO
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1 bed1 bath760 sq ft
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3 beds2 baths1,510 sq ft
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FOR SALE BY OWNER
$199,999
2 beds2 baths— sq ft
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NEW 33 HRS AGO
$199,000
3 beds1.5 baths1,232 sq ft
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COMING SOON
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Sale and tax history for 1025 S 5th St

Sale History
Tax History

Date

Event

Price

RMLSA as Distributed by MLS Grid #CA1041899

Apr 17, 2026

Sold

$965,000

$69/sq ft

Mar 5, 2026

Pending

—

Feb 23, 2026

Listed

$965,000

$69/sq ft

APPFOLIO #7

Nov 18, 2025

Rental Removed

$750

$0/sq ft

Oct 29, 2025

Listed for Rent

$750

$0/sq ft

APPFOLIO #6

Oct 18, 2025

Rental Removed

$750

$0/sq ft

May 17, 2025

Listed for Rent

$750

$0/sq ft

APPFOLIO #5

May 15, 2025

Rental Removed

$750

$0/sq ft

Jan 10, 2025

Listed for Rent

$750

$0/sq ft

APPFOLIO #4

Dec 28, 2024

Rental Removed

$750

$0/sq ft

Sep 4, 2024

Listed for Rent

$750

$0/sq ft

Aug 3, 2024

Rental Removed

$750

$0/sq ft

Jul 6, 2024

Listed for Rent

$750

$0/sq ft

APPFOLIO #3

Jun 9, 2024

Rental Removed

$750

$0/sq ft

May 29, 2024

Price Changed

$750

$0/sq ft

May 17, 2024

Listed for Rent

$800

$0/sq ft

APPFOLIO #1

Mar 14, 2024

Rental Removed

$700

$0/sq ft

Jan 29, 2024

Listed for Rent

$700

$0/sq ft

Dec 8, 2023

Rental Removed

$700

$0/sq ft

Nov 15, 2023

Listed for Rent

$700

$0/sq ft

APPFOLIO #2

Jan 29, 2024

Rental Removed

$700

$0/sq ft

Dec 8, 2023

Listed for Rent

$700

$0/sq ft

RMLSA as Distributed by MLS Grid #CA997157

Aug 6, 2021

Listing Removed

—

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Sangamon County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Feb 11, 2022.

R-5(B)

General Residence and Office District

These districts are designed to provide for all the facilities permitted in the R-3 general residence districts plus administrative, professional, and business offices. The districts are mapped in relation to areas that are developing into office centers with emphasis on accessibility to major streets and related functions, such as major business areas, hospitals, clinics, and apartments utilized by office employees and administrative personnel.

Permitted uses

Include but are not limited to:

Bank
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Office
Medical office
Library
Museum / gallery

Property details

Parking

Parking Information
Parking Total: 30
Parking Features: Other

Interior

Heating & Cooling
Cooling: Central Air
Heating: Forced Air

Room Information
Basement: None

Interior Features
Cable Available
Laundry Features: Common Area

Multi-Unit Information
Units: 19

Unit 1 Information
Unit 1 Full Bathrooms: 1
Unit 1 Half Bathrooms: 0
Unit 1 Covered Parking Spaces: 0
Unit 1 Parking Spaces: 1
Unit 1 Uncovered Parking Spaces: 1
Unit 1 Actual Rent: 700
Unit 1 Type: Unit 1
Unit 1 Bedrooms: 1

Unit 2 Information
Unit 2 Full Bathrooms: 1
Unit 2 Half Bathrooms: 0
Unit 2 Covered Parking Spaces: 0
Unit 2 Parking Spaces: 1
Unit 2 Uncovered Parking Spaces: 1
Unit 2 Actual Rent: 700
Unit 2 Type: Unit 2
Unit 2 Bedrooms: 1

Unit 3 Information
Unit 3 Full Bathrooms: 1
Unit 3 Half Bathrooms: 0
Unit 3 Covered Parking Spaces: 0
Unit 3 Parking Spaces: 1
Unit 3 Uncovered Parking Spaces: 1
Unit 3 Actual Rent: 700
Unit 3 Type: Unit 3
Unit 3 Bedrooms: 1

Unit 4 Information
Unit 4 Full Bathrooms: 1
Unit 4 Half Bathrooms: 0
Unit 4 Covered Parking Spaces: 0
Unit 4 Parking Spaces: 1
Unit 4 Uncovered Parking Spaces: 1
Unit 4 Actual Rent: 700
Unit 4 Type: Unit 4
Unit 4 Bedrooms: 1

Exterior

Property Type
Property Sub Type: Residential Income

Exterior Features
Roof: Other

Property Information
Property Sub Type: Residential Income
Zoning: R5-B

Lot Information
Lot Features: Level
Lot Size Dimensions: 130 X 118
Zoning: R5-B

Building Information
Is New Construction: No
Building Area Total: 14000

Financial

Tax Information
Tax Year: 2024
Tax Annual Amount: 22954.58
Tax Legal Description: N 10' LOT 16 & ALL LOTS 17,18 & 19 BLOCK 15 W HALLENS ADDN (130X152

Utilities

Utility Information
Water Source: Public Sewer, Public

Location

School Information
High School: Springfield District #186

Location Information
Directions: Located on South 5th Street between Scarritt and Allen Streets.
Subdivision Name: None
MLS Area Minor: Springfield

Community Information
Laundry Features: Common Area
Units: 19

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Sangamon County
APN: —

Home facts updated by county records on Feb 11, 2022

Other

Listing Information
MLS Area Minor: Springfield
Standard Status: Closed

Home Information
Building Area Total: 14000
Structure Type: Apartment Building
Year Built: 1958

Around this home

Schools

Elizabeth Graham Elementary School

Public K-5 • Assigned • 1.0mi

3/10

Benjamin Franklin Middle School

Public 6-8 • Assigned • 1.6mi

4/10

Springfield High School

Public 9-12 • Assigned • 1.0mi

5/10

Provided by GreatSchools

Historical weather

Springfield, IL • 62703

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

80/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.4 hrs

6.5 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 62703

COMING SOON

$273,500

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FOR SALE BY OWNER

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NEW 33 HRS AGO

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Home values near 1025 S 5th St

Data from public records.

Address	Redfin Estimate
1109 South 5th St, Springfield, IL - Beds \| - Baths \| - Sq. Ft.	—
1009 South 5th St, Springfield, IL - Beds \| - Baths \| - Sq. Ft.	$30,673

Address	Redfin Estimate
1000 South 5th St, Springfield, IL - Beds \| - Baths \| - Sq. Ft.	—
938 South 5th St, Springfield, IL - Beds \| - Baths \| - Sq. Ft.	$33,400

Address	Redfin Estimate
933 South 5th St, Springfield, IL - Beds \| - Baths \| - Sq. Ft.	$218,518
1025 South 5th St Apt 1025, Springfield, IL - Beds \| - Baths \| - Sq. Ft.	—

Property information provided by RMLSA as Distributed by MLS Grid when last listed in 2026. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 62703, IL

Homeowner tools

Sale and tax history for 1025 S 5th St

Public record

Property details

Around this home

Schools

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 62703

Home values near 1025 S 5th St

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