Sold
Last Sold Price
3 beds1,306 sqft$36/sqft
1823 S 8th St, Springfield, IL 62703
Single FamilyProperty Type
6,120 sq ftLot Size
$36/sq ftPrice per sq ft

Description

What an investment opportunity here! Currently rented for $900/month through August 2022. Property is section-8 approved. Tenant pays all utilities, landlord only responsible for taxes & insurance! ROI is big here- $10,800 gross rental income/year, 2020 taxes $789.18, estimated insurance $792= $9,209.82 potential profit/year (minus mortgage if applicable and maintenance.) Recent updates include: Hvac. Plumbing (some waterlines, toilets, drains). Interior and Exterior updates, ie painting, gutters,...What an investment opportunity here! Currently rented for $900/month through August 2022. Property is section-8 approved. Tenant pays all utilities, landlord only responsible for taxes & insurance! ROI is big here- $10,800 gross rental income/year, 2020 taxes $789.18, estimated insurance $792= $9,209.82 potential profit/year (minus mortgage if applicable and maintenance.) Recent updates include: Hvac. Plumbing (some waterlines, toilets, drains). Interior and Exterior updates, ie painting, gutters, stairs, etc. Updates in the last 5+ years include roof & windows. This is a great property for seasoned investors to add to their portfolio or for a first time investor! tenant must have 24 hours notice for showings, interior photos available upon request for serious inquiries only. square feet believed to be accurate but not warranted.
  • Listed by: Lacey Stephenson 217.303.8445 lacey.stephenson@kw.com • Keller Williams Capital
Listing closed: 10/05/2021 12:00 AM • Source: RMLS ALLIANCE, MLS#: CA1009400

Recent comparable sales

Median sold price

$45,000

Avg days on market

34

Sale-to-list ratio

81.3%

Springfield, IL

9 comparable properties found

$42,000 | 1942 South 11th Street, Springfield, IL 62703
1/29
1

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Sold 04/08/26

3
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Square Feet
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$45,000 | 1904 South 11th Street, Springfield, IL 62703
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2

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Sold 02/27/25

3
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1,450
Square Feet
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Acres
$47,500 | 1927 South 13th Street, Springfield, IL 62703
1/8
3

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Sold 02/06/26

3
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1,305
Square Feet
0.15
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$42,000 | 1202 South 4th Street, Springfield, IL 62703
1/10
4

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Sold 12/15/25

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$53,500 | 1905 South 13th Street, Springfield, IL 62703
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Sold 09/29/25

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Square Feet
0.14
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$37,000 | 1117 East Ash Street, Springfield, IL 62703
1/11
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$37,000

Sold 12/29/25

3
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1,348
Square Feet
0.13
Acres
$48,500 | 1925 Taylor Avenue, Springfield, IL 62703
1/3
7

$48,500

Sold 10/21/24

3
Bedrooms
1,200
Square Feet
0.15
Acres
$55,000 | 2853 Hoover Avenue, Springfield, IL 62703
1/14
8

$55,000

Sold 07/15/25

3
Bedrooms
1,400
Square Feet
0.15
Acres
$35,000 | 1620 South 8th Street, Springfield, IL 62703
1/19
9

$35,000

Sold 02/13/26

3
Bedrooms
1,128
Square Feet
0.14
Acres

Location

Listing Courtesy of Keller Williams Capital

Sold By The Real Estate Group Inc.

Add your commute

Payment Calculator

$305 per month

30 year fixed, 6.55% Interest

Principal and Interest

$239

Property Taxes

$66

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1823 South 8th Street

Property Details
  • Taxes: $789 / year
  • MLS Type: Residential / Single Family Residence
  • Subdivision Name: None
Building Information
  • Lot Size: 0.14 AC / 6,120 SF
Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: West on South grand, South on 8th, property on west-side of street
  • Latitude: 39.782196
  • Longitude: -89.645841
  • MLSArea Minor: Springfield
  • Postal Code: 62704
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 22-03.0-153-017
  • Mandatory Annual Fee: No
  • Mandatory Monthly Fee: No
  • Tax Exemptions: None
  • Tax Annual Amount: $789
  • Tax Legal Description: L 6 B 14 ELIJAH ILES SUB LANDS #3 PT NW 3-15-5
  • Tax Year: 2020
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Detached, Gravel, On Street
  • Garage: true
Property
Lot Information
  • Building Area Total: 1306.0
  • Living Area: 1306.0
  • Lot Features: Other
  • Lot Size Dimensions: 40x153
  • 100 Year Plain: No
  • Road Surface Type: Gravel
Farm Information
  • Zoned Agricultural: No
Property and Assessments
  • New Construction: No
  • Year Built: 0
Utilities
  • Water Source: Public Sewer, Public
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior Features: Replacement Windows
  • Roof: Shingle
  • Construction Materials: Brick, Vinyl Siding, Wood Siding, Frame
Interior Features
  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Basement: Brick/Mortar, Unfinished
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Fireplaces Total: 0
  • Heating: Electric, Forced Air, Electric Water Heater, Central
  • Interior Features: Window Treatments
  • Operating Recording Device: None
  • Kitchen/Dining: Dining Formal,Eat-In Kitchen
Room Information
Room 1
  • Room Area: 653.0
  • Room Area Units: Square Feet
  • Room Type: Main Level
Room 2
  • Room Area: 653.0
  • Room Area Units: Square Feet
  • Room Type: Upper Level
Room 3
  • Room Area Units: Square Feet
  • Room Type: Lower Level
Room 4
  • Room Area: 814.0
  • Room Area Units: Square Feet
  • Room Type: Basement Level
Room 5
  • Room Area Units: Square Feet
  • Room Type: Additional Level
Room 6
  • Room Length: 14.0
  • Room Level: Upper
  • Room Type: Master Bedroom
  • Room Width: 13.0
Room 7
  • Room Length: 8.0
  • Room Level: Upper
  • Room Type: Bedroom 2
  • Room Width: 13.0
Room 8
  • Room Length: 13.0
  • Room Level: Upper
  • Room Type: Bedroom 3
  • Room Width: 11.0
Room 9
  • Room Level: Main
  • Room Type: Living Room
Room 10
  • Room Level: Main
  • Room Type: Formal Dining Room
Room 11
  • Room Level: Main
  • Room Type: Informal Dining Room
Room 12
  • Room Length: 14.0
  • Room Level: Main
  • Room Type: Kitchen
  • Room Width: 16.0
Room 13
  • Room Length: 8.0
  • Room Level: Main
  • Room Type: Laundry
  • Room Width: 13.0
Mobile Home
Mobile/Manufactured Home
  • Property Is Mobile Home: No

Property History for 1823 South 8th Street

DateEvent & SourcePriceAppreciation
Oct 5, 2021

Sold

RMLS ALLIANCE #CA1009400

$47,000
Sep 24, 2021

Sold (Public Record)

Public Record #1474383260

$51,000

+187.3% / yr

Aug 30, 2021

Pending

RMLS ALLIANCE #CA1009400

DateEvent & SourcePrice
10/05/2021

Sold

RMLS ALLIANCE #CA1009400

$47,000
09/24/2021

Sold (Public Record)

Public Record #1474383260

$51,000

+187.3% / yr

08/30/2021

Pending

RMLS ALLIANCE #CA1009400

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1823 South 8th Street

Taxable ValueLand$3,342Additions$19,593Total$22,935
Tax Record2025$1,857 ($155 / month)
Home Facts
Beds0Lot Size6,119 SqFtStyleSingle Family ResidenceCountySANGAMONAPN22-03.0-153-017

Schools near 1823 South 8th Street

This home is within Springfield School District 186.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Harvard Park Elementary School
PublicK to 5

Jefferson Middle School
Public6 to 8

Springfield Southeast High School
Public9 to 12

Springfield Learning Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Capital

Based on information submitted to the MLS GRID as of 10/05/2021 03:01 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.