OFF MARKET

Off market apr 2025 for $372K

—

•

7,800

sq ft

118 W Laurel St, Springfield, IL 62704

About this home

Grasp this opportunity to purchase 9 apartments and 4 commercial spaces with a massive parking lot! This building comes with plans and permits for removing balcony on front and sides as well as replacing rear balcony and stairs. Tons of updates both cosmetically and mechanically throughout! video tour available Each of the 4 commercial spaces is approximately 975 sqft on ground level! Seven of the apartments are approximately 590 sqft Six are located on top floor One is in lower level with egress. Two 2 bedroom apartments are approximately 902 sqft on lower level with egress. 8 apartments have in unit laundry hookups. The lot connecting to myrtle is also included.

Multi-familyProperty Type

1962Year Built

0.33 acresLot Size

$48Price/Sq.Ft.

34 spacesParking

Listed by Jay Myers • Real Broker, LLC

Contact: Pref: 217-502-9339

Bought with Jerry George • The Real Estate Group, Inc.

Redfin checked: a minute ago

•Source:RMLSA as Distributed by MLS Grid #CA1033043

Redfin Estimate

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

Market trends in 62704, IL

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

101.3%

0.5% MoM

Median sale price

$193K

$3K MoM

Avg. days on market

1 days MoM

Recently sold homes

185

11 MoM

New listings for sale

NEW 1 HR AGO
$149,900
2 beds1 bath854 sq ft
12 Oakbend Ct, Springfield, IL 62704
NEW 19 HRS AGO
$230,000
3 beds2 baths1,882 sq ft
200 Nottingham Rd, Springfield, IL 62704
NEW 24 HRS AGO
$189,900
3 beds1.5 baths1,440 sq ft
2313 S Walnut St, Springfield, IL 62704
COMING SOON
$224,900
3 beds2 baths2,315 sq ft
2112 S Walnut St, Springfield, IL 62704
3D WALKTHROUGH
$175,000
4 beds2 baths2,106 sq ft
1211 W Governor St, Springfield, IL 62704
FOR SALE BY OWNER
$129,000
3 beds3 baths— sq ft
160 S Durkin Dr, Springfield, IL 62704
$135,000
3 beds1.5 baths1,464 sq ft
715 W Canedy St, Springfield, IL 61704
$65,000
3 beds2 baths1,545 sq ft
222 E Canedy St, Springfield, IL 62704
$72,000
2 beds1 bath1,478 sq ft
216 E Canedy St, Springfield, IL 62704
$82,000
3 beds1 bath1,216 sq ft
2645 S Whittier Ave, Springfield, IL 62704
See all

Provided by Redfin

Sale history for 118 W Laurel St

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

22-04.0-254-010

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Nov 11, 2024.

S-2

Community Shopping And Office District

This district is designed to accommodate the city's secondary shopping centers which provide for occasional shopping and service needs and for recreational facilities which serve a wide area, and are therefore located in areas easily accessible to a large number of persons. The regulations are designed to promote convenient shopping and business services. The district also permits a few high value custom manufacturing establishments which are generally associated with the predominant retail activities, and which depend on personal contacts with persons living all over the region.

Permitted uses

Include but are not limited to:

Bank
General retail
Retail-Grocery
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Hotel / motel
Office
Medical office

Property details

Parking

Parking Information
Parking Total: 34
Parking Features: Alley Access, Guest Parking, Oversized, Parking Pad

Interior

Heating & Cooling
Heating: Baseboard, Electric, Heat Pump, Central Air, Wall Unit(s)

Room Information
Basement: Daylight, Egress Window(s), Partially Finished

Interior Features
Storage
Laundry Features: Units Hook-Ups

Multi-Unit Information
Units: 13

Unit 1 Information
Unit 1 Full Bathrooms: 1
Unit 1 Half Bathrooms: 0
Unit 1 Covered Parking Spaces: 0
Unit 1 Parking Spaces: 2
Unit 1 Uncovered Parking Spaces: 2
Unit 1 Actual Rent: 750
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: 2
Unit 2 Uncovered Parking Spaces: 2
Unit 2 Actual Rent: 750
Unit 2 Type: Unit 2
Unit 2 Bedrooms: 2

Exterior

Property Type
Property Sub Type: Residential Income

Exterior Features
Roof: Rubber

Property Information
Property Sub Type: Residential Income

Lot Information
Lot Features: Level
Lot Size Dimensions: 87x167

Building Information
Is New Construction: No
Building Area Total: 7800

Financial

Tax Information
Tax Year: 2023
Tax Annual Amount: 9243.44
Tax Legal Description: SAXERS S. SIDE ADDN L28-29 N 80' L 30 & S 87.50' L30

Utilities

Utility Information
Water Source: Public Sewer, Public

Location

School Information
High School: Springfield District #186

Location Information
Directions: traveling north on south 6th turn left onto west Laurel
Subdivision Name: Springfield
MLS Area Minor: Springfield

Community Information
Laundry Features: Units Hook-Ups
Units: 13

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Sangamon County
APN: 22-04.0-254-010

Home facts updated by county records on Nov 11, 2024

Other

Listing Information
MLS Area Minor: Springfield
Standard Status: Closed

Home Information
Building Area Total: 7800
Structure Type: Apartment Building, Other
Year Built: 1962

Around this home

Schools

Black Hawk Elementary School

Public K-5 • Assigned • 0.7mi

3/10

Jefferson Middle School

Public 6-8 • Assigned • 1.9mi

2/10

Springfield Southeast High School

Public 9-12 • Assigned • 1.9mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Springfield, IL • 62704

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 4 hours in December, which is comparable to the U.S. average for solar exposure.

10.2 hrs

4 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

$250,000

4 beds2 baths1,152 sq ft

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Mixed use zoned • New roof • Storage building

New listings for sale in 62704

NEW 1 HR AGO

$149,900

2 beds1 bath854 sq ft

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Community room • Fabulous pool • Custom wood blinds

NEW 19 HRS AGO

$230,000

3 beds2 baths1,882 sq ft

200 Nottingham Rd, Springfield, IL 62704

Spacious living room • Dining area • Abundant cabinetry

NEW 24 HRS AGO

$189,900

3 beds1.5 baths1,440 sq ft

2313 S Walnut St, Springfield, IL 62704

Updated roof • Fenced-in backyard • Backup generator

COMING SOON

$224,900

3 beds2 baths2,315 sq ft

2112 S Walnut St, Springfield, IL 62704

Brick bungalow • Hardwood floors • Updated kitchen

3D WALKTHROUGH

$175,000

4 beds2 baths2,106 sq ft

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Large front porch • Fenced backyard • Historic district

FOR SALE BY OWNER

$129,000

3 beds3 baths— sq ft

160 S Durkin Dr, Springfield, IL 62704

Private garage • Two-story condo • Primary suite

$135,000

3 beds1.5 baths1,464 sq ft

715 W Canedy St, Springfield, IL 61704

Built-ins • Updated bathroom • Walk-in shower

$65,000

3 beds2 baths1,545 sq ft

222 E Canedy St, Springfield, IL 62704

Antique fireplace • Oversized trim • All-new kitchen

$72,000

2 beds1 bath1,478 sq ft

216 E Canedy St, Springfield, IL 62704

Variety of amenities • 4,000 sq ft lot • Parking

Home values near 118 W Laurel St

Data from public records.

Address	Redfin Estimate
105 West Laurel St, Springfield, IL 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$64,523
1720 South Spring St, Springfield, IL 2 Beds \| 2 Baths \| 1644 Sq. Ft.	$141,679

Address	Redfin Estimate
1725 South 1st St, Springfield, IL 2 Beds \| 1 Baths \| 970 Sq. Ft.	$74,226
1701 South 1st St, Springfield, IL - Beds \| - Baths \| - Sq. Ft.	$106,328

Address	Redfin Estimate
1705 South Spring St, Springfield, IL - Beds \| - Baths \| - Sq. Ft.	$155,366
129 West Myrtle St, Springfield, IL - Beds \| - Baths \| - Sq. Ft.	$51,547

Property information provided by RMLSA as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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