206 S Walnut St

—
Baths
3,584 Sq. Ft.
$92 / Sq. Ft.
3,584
Sq. Ft.
$92
per Sq. Ft.

Description

Renovated 6-unit building featuring a mix of 2-bedroom & studio apartments. Extensive updates throughout including new windows, siding, gutters, soffit & fascia. Interior upgrades include new flooring, trim, doors, kitchen cabinets, counters, appliances & fully updated bathrooms. All units freshly painted with updated finishes throughout. Garden-level units have been professionally waterproofed. Coin-operated laundry onsite. Strong unit mix, updated mechanicals & minimal deferred maintenance make...Renovated 6-unit building featuring a mix of 2-bedroom & studio apartments. Extensive updates throughout including new windows, siding, gutters, soffit & fascia. Interior upgrades include new flooring, trim, doors, kitchen cabinets, counters, appliances & fully updated bathrooms. All units freshly painted with updated finishes throughout. Garden-level units have been professionally waterproofed. Coin-operated laundry onsite. Strong unit mix, updated mechanicals & minimal deferred maintenance make this a solid, turn-key investment with long-term income stability.
  1. Listed by Kyle Killebrew • The Real Estate Group, Inc.
    P: (217)-741-4040 C: (217)-741-4040 kyle@kylesells.com

Property Details for 206 South Walnut Street

Parking Total
6.0
Subdivision Name
None
LISTING CLOSED: 11/14/2025 12:00 AM

Property Details for 206 South Walnut Street

StatusSold
MLS #CA1039416
Days on Market27
Taxes$5,693 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1973
Lot Size0.14 AC / 6,300 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 206 South Walnut Street

Stories-Residences6Year Built1973Building Size-Lot Size0.14 AC / 6,300 SF

Payment Calculator

$2,119 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,644

Property Taxes

$474

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 206 South Walnut Street

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: Located between Monroe and Washington Streets on Walnut
  • Latitude: 39.800587
  • Longitude: -89.6631
  • MLSArea Minor: Springfield
  • Postal Code: 62704
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 14330201016
  • Tax Annual Amount: $5,693
  • Tax Legal Description: S 50' N 103' L 2 ASSRS SUB NE 33 & PT W1/2 NW 34-16-5
  • Tax Year: 2024
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Other
Property
Lot Information
  • Structure Type: Apartment Building
  • Building Area Total: 3584.0
  • Lot Features: Level
  • Lot Size Dimensions: 126 x 50
  • Number Of Units Total: 6
  • 100 Year Plain: Unknown
  • Road Surface Type: Paved
Property and Assessments
  • Development Status: Completed
  • Documents Available: None Available
  • Foundation Details: Concrete Perimeter
  • New Construction: No
  • Year Built: 1973
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 7
  • Number Of Gas Meters: 6
  • Numberof Water Meters: 1
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: Full, Unfinished
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Gas Water Heater
  • Laundry Features: Common Area
  • Number Of Central Air Units: 6
  • Number Of Dishwashers: 0
  • Number Of Dryers: 2
  • Number Of Heating Units: 6
  • Number Of Ranges: 6
  • Numberof Refrigerators: 6
  • Number Of Washers: 2
  • Number Of Water Heaters: 2
  • Number Of Window Units: 0
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $57,785
  • Gross Scheduled Income: $57,285
  • Insurance Expense: $4,921
  • Maintenance Expense: $4,221
  • Manager Expense: $2,864
  • Net Operating Income: $33,564
  • Operating Expense: $18,528
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 500
  • Trash Expense: $0
Unit 1
  • 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 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 Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Tenant Pays: Electricity

Property History for 206 South Walnut Street

DateEvent & SourcePriceAppreciation
Nov 14, 2025

Sold (Public Record)

Public Record #1921534299

$330,000

+56.0% / yr

Nov 14, 2025

Sold

RMLS ALLIANCE #CA1039416

$330,000—
Oct 20, 2025

Pending

RMLS ALLIANCE #CA1039416

—
DateEvent & SourcePrice
11/14/2025

Sold (Public Record)

Public Record #1921534299

$330,000

+56.0% / yr

11/14/2025

Sold

RMLS ALLIANCE #CA1039416

$330,000
10/20/2025

Pending

RMLS ALLIANCE #CA1039416

—

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

Public Records for 206 South Walnut Street

Taxable ValueLand$12,313Additions$60,358Total$72,671
Tax Record2025$5,884 ($490 / month)
Home Facts
Lot Size4,813 SqFtStyleMiscellaneous CommercialCountySANGAMONAPN14-33.0-201-016

Schools near 206 South Walnut 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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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 The Real Estate Group, Inc.

Based on information submitted to the MLS GRID as of 11/14/2025 02:38 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.