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1038 N 1st Street, 
Springfield, IL 62702

$150,000


Bed


Bath


2,743

Sq Ft


Multi-Family

Active

Listed by

Joshua Kruse

The Real Estate Group, Inc.

217-787-7000

Last updated:

March 21, 2026, 08:19 PM

MLS#

CA1042419

Source:

IL CAAR

About This Home

1038 N 1st Street

Calling all investors! This super conveniently located rental property sits just blocks from Memorial Medical Center and SIU School of Medicine, and offers the perfect spot to house medical students and traveling nurses. Currently fully leased, so income will be immediately generated. This single family home was duplexed in the 1990's, and has seen replaced siding, windows, some updated HVAC, & the electric and gas meters have been separated. Shared washer & dryer available in basement. One unit has 1 bedroom, 1 Bath, living room and kitchen. Second unit has 4 bedrooms, 1.5 baths, living room, kitchen and closets for storage. Shared basement offers even more usable storage. Off street, ally side parking easily accommodates 4 cars, with even more parking at the street. This is a super affordable duplex that will increase your portfolio earnings!

Home Facts

Multi-Family

Built in 1913

Price Summary

150,000

$54 per Sq. Ft.

MLS #:

CA1042419

Last Updated:

March 21, 2026, 08:19 PM

Added:

4 day(s) ago


Rooms & Interior

Interior

Living Area:

2,743 Sq. Ft.


Structure

Structure

Building Area:

2,743 Sq. Ft.

Year Built:

1913


Finances & Disclosures

Finances

Price:

$150,000

Price per Sq. Ft:

$54 per Sq. Ft.

Source:IL CAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.