For sale

$215,000

206 S State St, Springfield, IL 62704

4beds

3baths

1,899sqft

$1,630/mo

Get pre-qualified

Multi Family, Duplex

Built in 1900

-- sqft lot

$165,900 Zestimate^®

$113/sqft

$-- HOA

What's special

Studio unitDetached garageGood living space

This 3 unit building would be a great addition to anyones investment portfolio! With two units currently leased to happy residents, the largest of the bunch is vacant and open for you to strategically place your own tenant. With total incoming rents reaching $2,400/mo between the three units, this income producing investment will surely treat you right. One 2 unit with a large open living room, one 1 unit also has good living space, and a studio unit wraps up the back. There is a detached garage that could also serve as a rental space...perfect for someone to use as a storage unit or equipment storage. This building sits a short 4 minute drive from the medical district, opening up great opportunity to attract traveling nurses! We are motivated to make a deal, so don't miss the chance to make this yours!

3 hours
35
5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Heating

Forced Air

Appliances

Included: Gas Water Heater, Range, Refrigerator, Water Heater
Laundry: None

Features

Basement: Partial,Unfinished

Interior area

Total structure area: 1,899
Total interior livable area: 1,899 sqft

Property

Parking

Total spaces: 3
Parking features: Detached, Alley Access

Lot

Size: 8,145 Square Feet
Dimensions: 45 x 181
Features: Level

Details

Parcel number: 1428.0379012

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Duplex

Materials

Aluminum Siding
Foundation: Block, Brick/Mortar, Concrete Perimeter
Roof: Shingle

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Subdivision: None

Location

Region: Springfield

Financial & listing details

Price per square foot: $113/sqft
Tax assessed value: $140,001
Annual tax amount: $3,532
Date on market: 9/16/2026
Lease term: Variable
Tenant pays: No Utilities
Road surface type: Paved

Estimated market value

$165,900

$146,000 - $186,000

$1,522/mo

Price history

Date	Event	Price
9/16/2026	Listed for sale	$215,000+83.9%$113/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA1046545 Report a problem
2/13/2021	Listing removed	--
Source: Owner Report a problem
9/30/2019	Listing removed	$116,900$62/sqft
Source: Owner Report a problem
8/14/2019	Pending sale	$116,900$62/sqft
Source: Owner Report a problem
7/17/2019	Price change	$116,900-1.8%$62/sqft
Source: Owner Report a problem
7/7/2019	Price change	$119,000-4.8%$63/sqft
Source: Owner Report a problem
5/29/2019	Listed for sale	$125,000+212.5%$66/sqft
Source: Owner Report a problem
6/9/2011	Sold	$40,000$21/sqft
Source: Public Record Report a problem
2/28/2007	Sold	$40,000$21/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,996 +7.1%	$46,667 +9.5%
2023	$2,796 +6%	$42,626 +5.4%
2022	$2,638 +5%	$40,434 +3.9%
2021	$2,513 -26.8%	$38,920 -0.2%
2020	$3,434 +90%	$38,979 +41.6%
2019	$1,808	$27,528 +0.5%
2018	$1,808 +2.5%	$27,394 +1.3%
2017	$1,764 +2.4%	$27,040 +1.5%
2016	$1,722 +1.3%	$26,645 +1.2%
2015	$1,699 +43.7%	$26,327 +0.6%
2014	$1,182 +16.7%	$26,157 +41.3%
2013	$1,014 +2%	$18,510
2012	$994 +2.5%	$18,510
2011	$970 +32.6%	$18,510 +29.8%
2010	$731 +1.6%	$14,264 +1.4%
2009	$720 -27.8%	$14,062 +4.2%
2008	$996 -39.7%	$13,495 -37.6%
2007	$1,653 +1.6%	$21,623 +3.8%
2006	$1,627	$20,830