Sold
Last Sold Price
2,260 sqft

400-402 E Laurel St, Springfield, IL 62703

Multi FamilyProperty Type
0.21 acresLot Size
1925Year Built
$84/sq ftPrice per sq ft

Description

Investment opportunity! Up and down duplex. Upper unit 5BR 2BA $1300 monthly rent. Lower unit 4BR 2BA $1300 monthly rent. Tenant pays all utilities except trash. Four car garage can be rented for $300 per month.Investment opportunity! Up and down duplex. Upper unit 5BR 2BA $1300 monthly rent. Lower unit 4BR 2BA $1300 monthly rent. Tenant pays all utilities except trash. Four car garage can be rented for $300 per month.
  • Listed by: Debra Sarsany 217.313.0580 sarsanysells@yahoo.com • The Real Estate Group, Inc.
Listing closed: 10/27/2025 12:00 AM • Source: RMLS ALLIANCE, MLS#: CA1036105
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Recent comparable sales

Median sold price

$165,000

Avg days on market

38

Sale-to-list ratio

95.8%

Springfield, IL

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Location

Listing Courtesy of The Real Estate Group, Inc.

Sold By The Real Estate Group, Inc.

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Payment Calculator

$1,296 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,008

Property Taxes

$287

HOA Dues

$0

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Property Information for 400-402 East Laurel Street

Property Details

  • Taxes: $3,449 / year
  • MLS Type: Residential Income / Residential Income
  • Parking Total: 4.0
  • Subdivision Name: None

Building Information

  • Residences: 2
  • Year Built: 1925
  • Lot Size: 0.21 AC / 9,120 SF

Summary

Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: See GPS directions
  • Latitude: 39.7774
  • Longitude: -89.6835
  • MLSArea Minor: Springfield
  • Postal Code: 62704
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 22-04.0-282-001
  • Tax Annual Amount: $3,449
  • Tax Legal Description: EX S 1' W 70' L 18 B 15 PAYNES S. SIDE ADDN
  • Tax Year: 2024
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Alley Access

Property

Lot Information
  • Structure Type: Two or More Story, Duplex
  • Building Area Total: 2260.0
  • Lot Features: Other
  • Lot Size Dimensions: 152x60
  • Number Of Units Total: 2
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: None Available
  • New Construction: No
  • Year Built: 1925
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 2
  • Number Of Gas Meters: 2
  • Numberof Water Meters: 2
  • 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: Window Unit(s)
  • Number Of Central Air Units: 2
  • Number Of Dishwashers: 2
  • Number Of Heating Units: 2
  • Number Of Ranges: 2
  • Numberof Refrigerators: 2
  • Number Of Water Heaters: 2
  • Number Of Window Units: 2
  • Operating Recording Device: None

Multi Family

Income & Expenses
  • Electric Expense: $0
  • Gross Income: $0
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $-3,479
  • Operating Expense: $30
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $30
Unit 1
  • Fireplace YN: Y
  • Full Baths: 2
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 5
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 2
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2

Property History for 400-402 East Laurel Street

DateEvent & SourcePriceAppreciation
Oct 27, 2025

Sold

MRED #1036105

$188,888—
Oct 27, 2025

Sold

RMLS ALLIANCE #CA1036105

$188,888—
Sep 10, 2025

Pending

MRED #1036105

—
DateEvent & SourcePrice
10/27/2025

Sold

MRED #1036105

$188,888
10/27/2025

Sold

RMLS ALLIANCE #CA1036105

$188,888
09/10/2025

Pending

MRED #1036105

—

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

Schools near 400-402 East Laurel 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

Lawrence Education Center
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 The Real Estate Group, Inc.

Based on information submitted to the MLS GRID as of 10/27/2025 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.