Sold for $120,000 on 05/16/23
$120,000
404 W Washington St, Springfield, IL 62702
5beds
2baths
2,342sqft
Multi Family
Built in ----
-- sqft lot
$139,900 Zestimate®
$51/sqft
$1,509 Estimated rent
Home value
$139,900
$129,000 - $151,000
$1,509/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
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.
Zillow last checked: 8 hours ago
Listing updated: May 17, 2023 at 08:57am
Listed by:
Jerry George Pref:217-638-1360,
The Real Estate Group, Inc.
Bought with:
Jerry George, 475159363
The Real Estate Group, Inc.
Source: RMLS Alliance,MLS#: CA1021039
Originating MLS: Capital Area Association of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator, Water Heater
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,342
- Total interior livable area: 2,342 sqft
Property
Parking
- Total spaces: 4
Lot
- Size: 4,640 sqft
- Dimensions: 116 x 40
- Features: Level
Details
- Parcel number: 1433.0203007
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Springfield
- Subdivision: None
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2023 | Listing removed | -- |
Source: Zillow Rentals | ||
| 6/30/2023 | Price change | $1,300-7.1%$1/sqft |
Source: Zillow Rentals | ||
| 5/26/2023 | Price change | $1,400-6.7%$1/sqft |
Source: Zillow Rentals | ||
| 5/23/2023 | Listed for rent | $1,500$1/sqft |
Source: Zillow Rentals | ||
| 5/16/2023 | Sold | $120,000-7.7%$51/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,658 +4% | $43,551 +9.5% |
| 2023 | $3,517 +33.7% | $39,780 +35.5% |
| 2022 | $2,631 +108.6% | $29,358 +46.7% |
Find assessor info on the county website
Neighborhood: Vinegar Hill
Nearby schools
GreatSchools rating
- 2/10Elizabeth Graham Elementary SchoolGrades: K-5Distance: 0.6 mi
- 2/10U S Grant Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10Springfield High SchoolGrades: 9-12Distance: 0.1 mi

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