Search- Overview
- Sale & tax history
- Property details
- Neighborhood
- Climate







501 Spring St, Washington, IL 61571
About this home
6 unit brick apartment bldg. less than 1/2 mile from historic Washington Square. Five 2-bedroom units and one 1-bedroom unit all with individual laundry hook-ups. New roof 2009. Updated flooring (tile) in baths & kitchens & updated appliances. Well maintained. Great investment opportunity.

Redfin Estimate
Market trends in 61571, IL
Last updated July 2026
Buyer's Market
Seller's Market
Seller's market
0 days MoM
See all
Provided by Redfin
Sale history for 501 Spring St
$53/sq ft
$56/sq ft
$48/sq ft
** Price available after signing in.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Parking
- Parking Information
- Parking Total: 9
Interior
- Heating & Cooling
- Heating: Gas, Hot Water, No Cooling
- Room Information
- Basement: None
- Interior Features
- Cable Available
- Laundry Features: Units Hook-Ups
- Multi-Unit Information
- Units: 6
- Unit 1 Information
- Unit 1 Full Bathrooms: 1
- Unit 1 Half Bathrooms: 0
- Unit 1 Covered Parking Spaces: 0
- Unit 1 Actual Rent: 500
- 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 Actual Rent: 600
- 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 Actual Rent: 500
- Unit 3 Type: Unit 3
- Unit 3 Bedrooms: 2
- Unit 4 Information
- Unit 4 Full Bathrooms: 1
- Unit 4 Half Bathrooms: 0
- Unit 4 Covered Parking Spaces: 0
- Unit 4 Actual Rent: 500
- Unit 4 Type: Unit 4
- Unit 4 Bedrooms: 2
Exterior
- Property Type
- Property Sub Type: Residential Income
- Exterior Features
- Roof: Other
- Property Information
- Property Sub Type: Residential Income
- Lot Information
- Lot Features: Corner Lot, Level
- Lot Size Dimensions: 120 x 110
- Building Information
- Is New Construction: No
- Building Area Total: 5226
Financial
- Tax Information
- Tax Year: 2012
- Tax Annual Amount: 6160.38
- Tax Legal Description: Lot 5
Utilities
- Utility Information
- Water Source: Public Sewer, Public
Location
- School Information
- High School: Washington
- Location Information
- Directions: Peoria St. west of Washington Square, S on Spring
- Subdivision Name: Hagen
- MLS Area Minor: PAAR Area
- Community Information
- Laundry Features: Units Hook-Ups
- Units: 6
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (5+ Unit)
- Year Built: —
- Year Renovated: —
- County: Tazewell County
- APN: 020223208017
Other
- Listing Information
- MLS Area Minor: PAAR Area
- Standard Status: Closed
- Home Information
- Building Area Total: 5226
- Structure Type: Apartment Building
- Year Built: 1960
Around this home
Schools
Public PreK-4 • Assigned • 0.5mi
Public 5-8 • Assigned • 1.0mi
Public 9-12 • Assigned • 0.3mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 104° expected this year, 18 days in 30 years
1% chance of strong winds in next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 10.1 hours in June and 3.7 hours in December, placing it below the U.S. average for solar exposure.
Is this your home?
Track this home’s value and nearby sales activity
Nearby similar homes
New listings for sale in 61571
Home values near 501 Spring St
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 768 Sq. Ft. | $147,371 |
3 Beds | 1 Baths | 1221 Sq. Ft. | $159,562 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 1.5 Baths | 2139 Sq. Ft. | $233,711 |
2 Beds | 1 Baths | 768 Sq. Ft. | $145,549 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 768 Sq. Ft. | $180,567 |
3 Beds | 3 Baths | 1375 Sq. Ft. | $178,175 |
More real estate resources
- Cities
- Zip Codes
- Neighborhoods
- Popular Searches
| Peoria homes for sale | |||
| Morton homes for sale | |||
| East Peoria homes for sale |
| 61571 homes for sale | |||
| 61611 homes for sale | |||
| 61548 homes for sale |
| Devonshire Estates homes for sale |
Find us
Subsidiaries
Affiliated Business
Copyright: © 2026 Redfin. All rights reserved.
Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.
Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.



























United States
Canada