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1501 & 1505 S 5th Street, Springfield, IL 62730

Springfield
Local realty services provided by:CENTURY 21 House of Realty, Inc.
1501 & 1505 S 5th Street,Springfield, IL 62730
$300,000
  • - Beds
  • - Baths
  • 5,083 sq. ft.
  • Multi-family
  • Pending
Listed by: joshua kruse
Office: the real estate group, inc.
MLS#:CA1043646
Source:IL_CAAR

Price summary

  • Price:$300,000
  • Price per sq. ft.:$59.02

About this home

So much potential and so many possibilities accompany this property! This unique piece of ground is location on South 5th St, just outside of historic downtown Springfield. This property is so conveniently close to I-55 and I-72, an abundance of shopping, restaurants, grocery, and living conveniences, that you will not have to go far to get what you need. Built between 1915 and 1937, there are two independent duplex buildings that offer a range of uses, once marketed as commercial office space, but now as separate duplex rental units. Easily converted back to office space if one might desire. 1501 offers a 2 bedroom unit on the main level with 1 bath, office, kitchen, dining and living room. The upper level unit has 2 bedrooms, living room, kitchen, bathroom, and private balcony. The basement holds a workshop, ample storage area and laundry. 1505 has a 1 bedroom unit on the main floor with living room, dining room, kitchen, and full bath. The upper unit is a 1 bedroom with living...

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Home facts

  • Year built:1915
  • Listing ID #:CA1043646
  • Added:10 day(s) ago
  • Updated:May 22, 2026 at 07:23 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:5,083 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Rubber, Shingle
  • Year built:1915
  • Building area:5,083 sq. ft.
  • Construction Materials:Brick, Vinyl Siding
  • Foundation Description:Block, Poured Concrete, Slab

Schools

  • High school:Springfield District #186

Utilities

  • Water:Public

Finances and disclosures

  • Price:$300,000
  • Price per sq. ft.:$59.02
  • Tax amount:$8,963 (2025)

Parking

  • Total parking spaces:8
  • Parking description:Detached, Oversized

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