This four bedroom, two bathroom investment property is a fantastic opportunity for investors seeking a stable rental income. Currently rented by a Section 8 tenant for $1,166/mo, this property offers a reliable source of passive income. The property has recently been updated with all new windows and flooring throughout, making it more attractive to potential tenants and increasing it's overall value. The four bedrooms offer plenty of space for families or roommates, while the two bathrooms provide added convenience and privacy. With the tenants currently under lease until December 2023, investors can enjoy the security of a guaranteed income stream. The investment property is in the medical district, which is a highly sought-after area for renters. Being near medical facilities and healthcare providers makes this property an attractive option for healthcare professionals and their families, increasing the potential pool of renters and further solidifying its investment value.
Single-familyProperty Type
5,200 sq ftLot Size
$85Est. Price/Sq.Ft.
1 spaceParking
Listed by Jerry George• The Real Estate Group, Inc.
*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
5,171 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Sangamon County
APN
14270153018
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
Garage Spaces: 0
Parking Features: Gravel
Interior
Bedroom Information
Bedrooms (Total): 4
Bathroom Information
Bathrooms (Full): 2
Bathrooms (Half): 0
Room 1 Information
Room 1 Full Bathrooms: 2
Room 1 Half Bathrooms: 0
Room 1 Area: 1122
Room 1 Area Units: Feet.Inches
Room 1 Type: Main Level
Room 2 Information
Room 2 Full Bathrooms: 0
Room 2 Half Bathrooms: 0
Room 2 Type: Upper Level
Room 3 Information
Room 3 Full Bathrooms: 0
Room 3 Half Bathrooms: 0
Room 3 Area Units: Feet.Inches
Room 3 Type: Lower Level
Room 4 Information
Room 4 Full Bathrooms: 0
Room 4 Half Bathrooms: 0
Room 4 Area Units: Feet.Inches
Room 4 Type: Basement Level
Room 5 Information
Room 5 Full Bathrooms: 0
Room 5 Half Bathrooms: 0
Room 5 Area Units: Feet.Inches
Room 5 Type: Additional Level
Room 6 Information
Room 6 Type: Bedroom 1
Room 7 Information
Room 7 Type: Bedroom 2
Room 8 Information
Room 8 Type: Bedroom 3
Room 9 Information
Room 9 Type: Bedroom 4
Room 10 Information
Room 10 Type: Living Room
Room 11 Information
Room 11 Type: Kitchen
Room 12 Information
Room 12 Type: Additional Room
Room 13 Information
Room 13 Full Bathrooms: 0
Room 13 Half Bathrooms: 0
Room 13 Type: Third Floor
Heating & Cooling
Heating: Gas, Forced Air, Other
Room Information
Basement: Full, Unfinished
Interior Features
Appliances: Range/Oven, Refrigerator
Fireplaces Total: 0
Exterior
Property Type
Property Sub Type: Single Family Residence
Exterior Features
Roof: Shingle
Property Information
Property Sub Type: Single Family Residence
Lot Information
Lot Features: Level
Lot Size Dimensions: 130x40
Road Surface Type: Gravel
Building Information
Is New Construction: No
Building Area Total: 1122
Financial
Tax Information
Tax Year: 2021
Tax Annual Amount: 1185.88
Tax Legal Description: L 5 M.J. Bartells Addn
Utilities
Utility Information
Water Source: Public Sewer, Public
Location
School Information
High School: Lanphier High School
Location Information
Directions: East Calhoun, West on 3rd St
Subdivision Name: None
MLS Area Minor: Springfield
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 5,171 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Sangamon County
APN: 14270153018
Home facts updated by county records on Aug 12, 2026
Other
Listing Information
MLS Area Minor: Springfield
Standard Status: Closed
Home Information
Living Area: 1122
Building Area Total: 1122
Year Built: 0
Information for Agents
Attribution Contact: Pref: 217-638-1360
Around this home
Schools
Mcclernand Elementary School
Public K-5 • Assigned • 0.2mi
4/10
U S Grant Middle School
Public 6-8 • Assigned • 1.9mi
2/10
Lanphier High School
Public 9-12 • Assigned • 0.7mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk 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, 20 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)
32
17
43
25
62
38
69
49
74
55
83
66
87
71
84
65
82
58
72
49
54
38
41
26
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
$91,000 – $110,000
Sell confidently with a local market expert in Springfield. 3 minutes to get started.