404 W Washington St, Springfield, IL 62702

Off Market May 2023 for $120K

$121,919

Est. refi paymentEst. refi $757/mo

•

2,342

sq ft

404 W Washington St, Springfield, IL 62702

About this home

If you're looking for an investment property in downtown Springfield, Illinois, this duplex at 404 West Washington is a great option. This property is in a prime location, with easy access to local shops, restaurants, and other amenities. The upper level of the duplex features four bedrooms and one bathroom, and was previously rented for $1388 per month. Currently, the unit is vacant, which presents a unique opportunity for the new owner to set their own rental rates and find a new tenant. The lower level unit is currently occupied and rents for $475 per month, providing a steady source of rental income. As the owner, you'll be responsible for paying for water, garbage, and mowing, making this property an easy and low-maintenance investment. The property also boasts a charming exterior with a covered porch and plenty of curb appeal. Overall, this duplex at 404 West Washington is a great investment opportunity in a desirable location with strong rental potential. Whether you're a seasoned investor or just starting out, this property is definitely worth considering. Don't miss out on your chance to own a valuable asset in the heart of downtown Springfield.

Multi-familyProperty Type

4,640 sq ftLot Size

$52Est. Price/Sq.Ft.

4 spacesParking

Listed by Jerry George • The Real Estate Group, Inc.

Bought with • The Real Estate Group, Inc.

Redfin checked: 2 minutes ago

•Source:RMLSA as Distributed by MLS Grid #CA1021039

Redfin Estimate

$121,919

$1,919 since sold in May 2023$16K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 20.6% lower than the average sale price ($154K) of 6 comparable homes.

SOLD MAY 4, 2026
$125,000
A
3 beds2 baths1,567 sq ft
631 W Edwards St, Springfield, IL 62704
SOLD FEB 10, 2026
$205,000
B
4 beds2 baths1,932 sq ft
811 W Governor St, Springfield, IL 62704
SOLD JUL 20, 2026
$180,000
C
3 beds2 baths1,938 sq ft
330 S State St, Springfield, IL 62704
SOLD JUN 8, 2026
$158,900
D
3 beds1.5 baths1,420 sq ft
441 Jackson Pkwy, Springfield, IL 62704-0000
SOLD FEB 25, 2026
$78,000
E
4 beds2 baths1,846 sq ft
830 W Jefferson St, Springfield, IL 62702
SOLD JUN 15, 2026
$174,500
F
3 beds1.5 baths2,029 sq ft
433 W Lawrence Ave, Springfield, IL 62704

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Earn from this home

Refinance

Est. cash available

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Market trends in 62702, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.1%

1.3% MoM

Median sale price

$134K

$4K MoM

Avg. days on market

0 days MoM

Recently sold homes

115

4 MoM

New listings for sale

FOR SALE BY OWNER
$235,000
3 beds3 baths2,553 sq ft
2124 Blackhawk Rd, Springfield, IL 62702
$172,900
5 beds2 baths2,044 sq ft
1812 E Converse St, Springfield, IL 62702
$85,000
3 beds1 bath1,022 sq ft
16 Salem Rd, Springfield, IL 62702
$69,900
1 bed1 bath538 sq ft
1925 N 20th St, Springfield, IL 62702
$135,000
2 beds2 baths1,905 sq ft
2036 N 7th St, Springfield, IL 62704
$399,900
4 beds3 baths3,201 sq ft
2450 Old Beardstown Rd, Springfield, IL 62702
COMING SOON
$205,000
3 beds2 baths1,659 sq ft
14 Hackney Ln, Springfield, IL 62702
$114,000
2 beds1 bath1,034 sq ft
1824 N 9th St, Springfield, IL 62702
FOR SALE BY OWNER
$190,000
3 beds2 baths— sq ft
2217 E Sangamon Ave, Springfield, IL 62702
$174,900
4 beds2.5 baths2,200 sq ft
600 E Black Ave, Springfield, IL 62702
See all

Provided by Redfin

Sale history for 404 W Washington St

Date

Event

Price

APPFOLIO #1

Sep 18, 2023

Rental Removed

$1,100

$0/sq ft

Sep 10, 2023

Price Changed

$1,100

$0/sq ft

Aug 29, 2023

Listed for Rent

$1,200

$1/sq ft

RMLSA as Distributed by MLS Grid #CA1021039

May 16, 2023

Sold

$120,000

$51/sq ft

Mar 18, 2023

Pending

—

Mar 17, 2023

Listed

$130,000

$56/sq ft

RMLSA as Distributed by MLS Grid #CA281476

Aug 6, 2021

Listing Removed

—

RMLSA as Distributed by MLS Grid #CA274364

Aug 6, 2021

Listing Removed

—

RMLSA as Distributed by MLS Grid #CA101134

Aug 6, 2021

Listing Removed

—

RMLSA as Distributed by MLS Grid #CA1002944

May 10, 2021

Sold

$85,000

$36/sq ft

Oct 5, 2020

Listed

$88,000

$38/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,781 (+3.4%)

$4,345 + $42,351

$46,696

2024

$3,658 (+4.0%)

$4,052 + $39,499

$43,551

2023

$3,517 (+33.7%)

$3,701 + $36,079

$39,780

2022

$2,631 (+108.6%)

$3,510 + $25,848

$29,358

2021

$1,261 (+11.0%)

$3,379 + $16,630

$20,009

2020

$1,136 (+2.1%)

$3,384 + $15,514

$18,898

2019

$1,113 (−10.7%)

$3,372 + $15,460

$18,832

2018

$1,247 (+2.7%)

$3,356 + $17,405

$20,761

2017

$1,215 (+2.7%)

$3,313 + $17,180

$20,493

2016

$1,183 (+5.6%)

$3,265 + $16,929

$20,194

2013

$1,120

$3,205 + $16,619

$19,824

Tax history for 404 W Washington St

Year

Property tax

Land + Additions

Assessment*

2025

$3,781 (+3.4%)

$4,345 + $42,351

$46,696

2024

$3,658 (+4.0%)

$4,052 + $39,499

$43,551

2023

$3,517 (+33.7%)

$3,701 + $36,079

$39,780

2022

$2,631 (+108.6%)

$3,510 + $25,848

$29,358

2021

$1,261 (+11.0%)

$3,379 + $16,630

$20,009

2020

$1,136 (+2.1%)

$3,384 + $15,514

$18,898

2019

$1,113 (−10.7%)

$3,372 + $15,460

$18,832

2018

$1,247 (+2.7%)

$3,356 + $17,405

$20,761

2017

$1,215 (+2.7%)

$3,313 + $17,180

$20,493

2016

$1,183 (+5.6%)

$3,265 + $16,929

$20,194

2013

$1,120

$3,205 + $16,619

$19,824

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

4,655 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Sangamon County

APN

14330203007

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 12, 2026.

R-3(B)

General Residence District

These districts are designed to provide for all types of residential buildings, in order to permit a broad range of housing types, with appropriate standards on density, open space, and spacing the buildings. These districts are mapped in relation to a desirable future residential density pattern, with emphasis on accessibility to transportation facilities, and to various community facilities, and on the character of the existing development. These districts also include community facilities and public open space uses which serve the residents of the districts or which an open residential environment benefits. The uses permitted in R-3 (a), (b) districts are identical, however, provisions of section 155.056 of this chapter limit the density of residential uses.

Permitted uses

Include but are not limited to:

Community / recreation center
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Educational / school
Library
Museum / gallery
Golf related

Property details

Parking

Parking Information
Parking Total: 4
Parking Features: Other

Interior

Heating & Cooling
Heating: Forced Air, Gas, Central Air, Window Unit(s)

Room Information
Basement: Full, Unfinished

Exterior

Property Type
Property Sub Type: Residential Income

Exterior Features
Roof: Shingle

Property Information
Property Sub Type: Residential Income

Lot Information
Lot Features: Level
Lot Size Dimensions: 116x40
Road Surface Type: Paved

Building Information
Is New Construction: No
Building Area Total: 2342

Financial

Tax Information
Tax Year: 2021
Tax Annual Amount: 1260.94
Tax Legal Description: N 117' L 2 B 1 Thos Lewis 3rd Addn

Utilities

Utility Information
Water Source: Public Sewer, Public

Location

Multi-Unit Information
Units: 2

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

Unit 2 Information
Unit 2 Full Bathrooms: 1
Unit 2 Half Bathrooms: 0
Unit 2 Covered Parking Spaces: 0
Unit 2 Actual Rent: 475
Unit 2 Type: Unit 2
Unit 2 Bedrooms: 1

School Information
High School: Springfield District #186

Location Information
Directions: East on Washington, house is on Right
Subdivision Name: None
MLS Area Minor: Springfield

Community Information
Units: 2

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 4,655 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Sangamon County
APN: 14330203007

Home facts updated by county records on Aug 12, 2026

Other

Listing Information
MLS Area Minor: Springfield
Standard Status: Closed

Home Information
Building Area Total: 2342
Structure Type: Two or More Story
Year Built: 0

Information for Agents
Attribution Contact: Pref: 217-638-1360

Around this home

Schools

Elizabeth Graham Elementary School

Public K-5 • Assigned • 0.6mi

3/10

U S Grant Middle School

Public 6-8 • Assigned • 1.3mi

2/10

Springfield High School

Public 9-12 • Assigned • 0.1mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

3/10 Flood Factor

Estimated 11-17% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 105° expected this year, 21 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Springfield, IL • 62702

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$116,000 – $141,000

Sell confidently with a local market expert in Springfield. 3 minutes to get started.

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New listings for sale in 62702

FOR SALE BY OWNER

$235,000

3 beds3 baths2,553 sq ft

2124 Blackhawk Rd, Springfield, IL 62702

$172,900

5 beds2 baths2,044 sq ft

1812 E Converse St, Springfield, IL 62702

$85,000

3 beds1 bath1,022 sq ft

16 Salem Rd, Springfield, IL 62702

$69,900

1 bed1 bath538 sq ft

1925 N 20th St, Springfield, IL 62702

$135,000

2 beds2 baths1,905 sq ft

2036 N 7th St, Springfield, IL 62704

$399,900

4 beds3 baths3,201 sq ft

2450 Old Beardstown Rd, Springfield, IL 62702

COMING SOON

$205,000

3 beds2 baths1,659 sq ft

14 Hackney Ln, Springfield, IL 62702

$114,000

2 beds1 bath1,034 sq ft

1824 N 9th St, Springfield, IL 62702

FOR SALE BY OWNER

$190,000

3 beds2 baths— sq ft

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Home values near 404 W Washington St

Data from public records.

Address	Redfin Estimate
509 West Washington St, Springfield, IL 8 Beds \| 4 Baths \| 3360 Sq. Ft.	$272,210
218 South Lewis St, Springfield, IL - Beds \| - Baths \| - Sq. Ft.	$94,460

Address	Redfin Estimate
525 West Washington St, Springfield, IL - Beds \| - Baths \| 3600 Sq. Ft.	$105,132
326 West Adams St, Springfield, IL - Beds \| - Baths \| 3098 Sq. Ft.	$126,361

Address	Redfin Estimate
509 West Washington St Apt 525 W Washington St, Springfield, IL 8 Beds \| 4 Baths \| 3360 Sq. Ft.	$297,722
423 West Monroe St, Springfield, IL - Beds \| - Baths \| - Sq. Ft.	—

Property information provided by undefined .

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About this home

Redfin Estimate

Earn from this home

Market trends in 62702, IL

Sale history for 404 W Washington St

Tax history for 404 W Washington St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 62702

Home values near 404 W Washington St

More real estate resources