So much potential and so many possibilities accompany this property! This unique piece of ground is location on South 5th St, just outside of historic downtown Springfield. This property is so conveniently close to I-55 and I-72, an abundance of shopping, restaurants, grocery, and living conveniences, that you will not have to go far to get what you need. Built between 1915 and 1937, there are two independent duplex buildings that offer a range of uses, once marketed as commercial office space, but now as separate duplex rental units. Easily converted back to office space if one might desire. 1501 offers a 2 bedroom unit on the main level with 1 bath, office, kitchen, dining and living room. The upper level unit has 2 bedrooms, living room, kitchen, bathroom, and private balcony. The basement holds a workshop, ample storage area and laundry. 1505 has a 1 bedroom unit on the main floor with living room, dining room, kitchen, and full bath. The upper unit is a 1 bedroom with living room, kitchen, also offering good storage in the basement. There is an oversized detached garage on the grounds measuring 24x39, plus an additional 30x47 heated garage!
Multi-familyProperty Type
1915Year Built
1.54 acresLot Size
$59Price/Sq.Ft.
8 spacesParking
Listed by Joshua Kruse• The Real Estate Group, Inc.
Formerly used as the headquarters for America Ambulance(they have relocated to Apple Orchard Road). Two separate duplex buildings that have been used as office space, sleeping quarters & storage. 1501 (built in 1915) building contains a 2 bedrooms, office, kitchen, dining area, living room (w/ FP). bathroom, 2nd floor has 2 bedrooms, living room, kitchen, bathroom, balcony area. Lower level has a rec room, workshop, storage area and laundry room. It also features a 47.10 x 30.9 oversized heated garage. 1505 (built in 1937) building contains on the first floor a bedroom, living room, dining room, kitchen, full bath, 2nd floor contains 1 bedroom, living room, kitchen. There is a full basement for storage and a 24.0 x 39.11 oversized garage. High daily traffic count, easy access to I-55 or I-72, desirable location to downtown, Iles Park, restaurants, shopping, grocery stores and more!
RMLSA as Distributed by MLS Grid #CA1017662
Feb 1, 2023
Listing Removed
—
Nov 9, 2022
Price Changed
*
Oct 10, 2022
Price Changed
*
Sep 8, 2022
Price Changed
*
Aug 30, 2022
Listed
*
Year
Property tax
Land + Additions
Assessment*
2025
$203 (+3.3%)
$2,509
2024
$197 (+4.0%)
$2,340
2023
$189 (+18.1%)
$2,137
2017
$160 (+1.9%)
$1,913
2016
$157 (+5.4%)
$1,885
2013
$149
$1,850
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
3,043 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Sangamon County
APN
22040234010
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 18, 2026.
R-2
Single-Family and Duplex Residence District
The R-2 single-family and duplex residence district provides for single-family and two-family residential development on normal sized lots.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Single unit
Housing-Multiple units
Educational/school
Golf related
Sports arena / stadium
Agriculture-Cropland
Park & open space
Property details
Parking
Parking Information
Parking Total: 8
Parking Features: Detached, Oversized
Interior
Heating & Cooling
Cooling: Central Air
Heating: Forced Air
Room Information
Basement: Full, Unfinished
Exterior
Property Type
Property Sub Type: Residential Income
Exterior Features
Roof: Rubber, Shingle
Property Information
Property Sub Type: Residential Income
Lot Information
Lot Features: Extra Lot
Lot Size Dimensions: 220 x 304
Road Surface Type: Paved
Building Information
Is New Construction: No
Building Area Total: 5083
Financial
Tax Information
Tax Year: 2025
Tax Annual Amount: 8963.12
Tax Legal Description: GEO. CARPENTERS SUB PT E1/2 NE L 1 N 60' B 3 4-15-5
Utilities
Utility Information
Water Source: Public Sewer, Public
Location
Multi-Unit Information
Units: 4
Unit 1 Information
Unit 1 Has Fireplace: Y
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: 0
Unit 1 Type: Unit 1
Unit 1 Bedrooms: 2
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: 0
Unit 2 Type: Unit 2
Unit 2 Bedrooms: 2
Unit 3 Information
Unit 3 Full Bathrooms: 1
Unit 3 Half Bathrooms: 0
Unit 3 Covered Parking Spaces: 0
Unit 3 Parking Spaces: 2
Unit 3 Uncovered Parking Spaces: 2
Unit 3 Actual Rent: 750
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: 2
Unit 4 Uncovered Parking Spaces: 2
Unit 4 Actual Rent: 0
Unit 4 Type: Unit 4
Unit 4 Bedrooms: 1
School Information
High School: Springfield District #186
Location Information
Directions: Heading south on 5th St, the property is at the corner of 5th and Cedar.
Subdivision Name: None
MLS Area Minor: Springfield
Community Information
Units: 4
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 3,043 square feet
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Sangamon County
APN: 22040234010
Home facts updated by county records on Aug 18, 2026
Other
Listing Information
MLS Area Minor: Springfield
Standard Status: Closed
Home Information
Building Area Total: 5083
Structure Type: Two or More Story
Year Built: 1915
Around this home
Schools
Edwin A Lee Elementary School
Public K-12 • Assigned • 3.2mi
2/10
Jefferson Middle School
Public 6-8 • Assigned • 1.9mi
2/10
Springfield Southeast High School
Public 9-12 • Assigned • 1.6mi
2/10
Provided by GreatSchools
Historical weather
Springfield, IL • 62730
Average low and high temperatures (°F)
33
17
42
25
62
38
69
49
75
55
84
67
88
71
84
66
82
59
72
49
53
38
41
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$297,000 – $359,000
Sell confidently with a local market expert in Springfield.