202 N State St

Baths
2,277 Sq. Ft.
$72 / Sq. Ft.
2,277
Sq. Ft.
$72
per Sq. Ft.

Description

Here is an investor’s chance to own a unique multi-family investment property! A 2-story duplex and small house on the same parcel! Both units of the duplex are leased; main level for $925 and 2nd story for $750 with leases until 6/30/25. 825 Ruth is vacant but currently looking for a new tenant. The prospective rent is set at $875 but the marketing will be taken down with a signed purchase contract. The seller has put $25k in updates total in all 3 units, which includes new gutters and securing...Here is an investor’s chance to own a unique multi-family investment property! A 2-story duplex and small house on the same parcel! Both units of the duplex are leased; main level for $925 and 2nd story for $750 with leases until 6/30/25. 825 Ruth is vacant but currently looking for a new tenant. The prospective rent is set at $875 but the marketing will be taken down with a signed purchase contract. The seller has put $25k in updates total in all 3 units, which includes new gutters and securing the crawlspace entry by installing a well for 825. All units have new thermostats, fixtures, toilets and some fresh paint. 202 has a new range and washer/dryer in the finished basement. 202.5 has a new range and refrigerator. 825 has a new range, refrigerator and washer/dryer. 202.5 has the capability for installing w/d hookups. 825 is basically all new; fresh paint and LVT throughout, fixtures, AC wall unit, kitchen counter, bathroom vanity and mirror. 202 has an attached 2 car garage, 202.5 and 825 have off-street parking. 202/202.5 has 1680 finished sf. and 825 has 597 sf. New roof for 202/202.5 in 2023 (garage roof is older). 825 was built in 1930 and 202 was built in 1945. Inspections are welcome but is being sold as is.
  1. Listed by Ben Call • The Real Estate Group, Inc.
    P: (217)-341-9397 C: (217)-341-9397 bcall@thegroup.com

Property Details for 202 North State Street

Parking Total
5.0
Subdivision Name
None
LISTING UPDATED: 04/08/2025 03:02 PM

Property Details for 202 North State Street

StatusSold
MLS #CA1034532
Days on Market5
Taxes$3,008 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1945
Lot Size0.19 AC / 8,145 SF
CountySangamon County

Location

Listing Courtesy of The Real Estate Group, Inc.

Sold By The Real Estate Group, Inc.

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Building Information for 202 North State Street

Stories-Residences3Year Built1945Building Size-Lot Size0.19 AC / 8,145 SF

Payment Calculator

$1,073 per month

30 year fixed, 6.36% Interest

Principal and Interest

$822

Property Taxes

$251

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 202 North State Street

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: East on Washington. North on N. State St. Property is located on the corner of Ruth St and State.
  • Latitude: 39.803038
  • Longitude: -89.666316
  • MLSArea Minor: Springfield
  • Postal Code: 62702
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 14-28.0-379-013
  • Tax Annual Amount: $3,008
  • Tax Legal Description: L 12 E.A. WILSONS ADDN #3
  • Tax Year: 2023
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Other, Parking Pad
Property
Lot Information
  • Structure Type: Other
  • Building Area Total: 2277.0
  • Lot Features: Corner Lot, Level
  • Lot Size Dimensions: 45 x 181
  • Number Of Units Total: 3
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: Legal Description,Tenant Lease(s)
  • New Construction: No
  • Year Built: 1945
Utilities
  • Number Of Electric Meters: 3
  • Number Of Gas Meters: 3
  • Numberof Water Meters: 2
  • Water Sewer Expense: $258
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Lawn Snow Removal: 2240
  • Roof: Shingle
  • Construction Materials: Aluminum Siding
Interior Features
  • Basement: Crawl Space, Finished, Full
  • Heating: Natural Gas, Hot Water, Central Air, Gas Water Heater, Wall Unit(s)
  • Interior Features: Cable Available, Garage Door Opener(s)
  • Laundry Features: None, Private
  • Number Of Central Air Units: 2
  • Number Of Dishwashers: 0
  • Number Of Dryers: 2
  • Number Of Heating Units: 3
  • Number Of Ranges: 3
  • Numberof Refrigerators: 3
  • Number Of Washers: 2
  • Number Of Water Heaters: 2
  • Number Of Window Units: 1
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $20,100
  • Gross Scheduled Income: $20,100
  • Insurance Expense: $2,398
  • Maintenance Expense: $586
  • Manager Expense: $0
  • Net Operating Income: $11,394
  • Operating Expense: $5,698
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $216
Unit 1
  • Fireplace YN: Y
  • Full Baths: 2
  • Half Baths: 0
  • Number Covered: 2
  • Number Parking: 2
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Rental
Rent Information
  • Lease Term: One Year or Less

Property History for 202 North State Street

DateEvent & SourcePriceAppreciation
Mar 26, 2025

Sold (Public Record)

Public Record #1554427669

$165,000

+9.6% / yr

Mar 26, 2025

Sold

RMLS ALLIANCE #CA1034532

$165,000
Feb 26, 2025

Pending

RMLS ALLIANCE #CA1034532

DateEvent & SourcePrice
03/26/2025

Sold (Public Record)

Public Record #1554427669

$165,000

+9.6% / yr

03/26/2025

Sold

RMLS ALLIANCE #CA1034532

$165,000
02/26/2025

Pending

RMLS ALLIANCE #CA1034532

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

Public Records for 202 North State Street

Taxable ValueLand$5,509Additions$43,815Total$49,324
Tax Record2024$4,143 ($345 / month)
Home Facts
Beds0Lot Size8,134 SqFtStyleSingle Family ResidenceCountySANGAMONAPN14-28.0-379-013

Schools near 202 North State 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 - 6 to 12
Rating
School
Distance
Elizabeth Graham Elementary School
PublicK to 5

U S Grant Middle School
Public6 to 8

Springfield High School
Public9 to 12

Douglas School
Public6 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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Listing Courtesy of The Real Estate Group, Inc.

Based on information submitted to the MLS GRID as of 04/08/2025 03:02 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.