826 S Walnut St

Springfield, IL 62704

$165,000
Last Sold Price
—
Beds
—
Baths
2,415 Sq. Ft.
$68 / Sq. Ft.
2,415
Sq. Ft.
$68
per Sq. Ft.
Sold 10/10/25
Sold 10/10/25

Description

Fully occupied 4-unit property on large corner lot in prime central location with each individual utility meters & private entries for each. All 4 units are 1-BR 1-BA layouts. The building has undergone practical updates including new outlets, switches, light fixtures, exterior door hardware plus fresh paint & patching throughout. Two kitchens have new countertops and all bathrooms have updated plumbing. Tenants pay their own utilities & have private in-unit laundry hookups which were all recently...Fully occupied 4-unit property on large corner lot in prime central location with each individual utility meters & private entries for each. All 4 units are 1-BR 1-BA layouts. The building has undergone practical updates including new outlets, switches, light fixtures, exterior door hardware plus fresh paint & patching throughout. Two kitchens have new countertops and all bathrooms have updated plumbing. Tenants pay their own utilities & have private in-unit laundry hookups which were all recently added. Obvious exterior upkeep, off-street parking in back & shared green space add convenience & tenant appeal. Zoned appropriately and positioned near downtown with strong rental history, this turn-key investment checks all the right boxes for steady cash flow with little to no startup efforts & costs.
  1. Listed by Kyle Killebrew • The Real Estate Group, Inc.

Property Details for 826 South Walnut Street

Parking Total
3.0
Subdivision Name
None
LISTING UPDATED: 10/10/2025 11:16 AM

Property Details for 826 South Walnut Street

StatusSold
MLS #CA1039269
Days on Market2
Taxes$3,735 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1905
Lot Size0.11 AC / 5,000 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 826 South Walnut Street

Stories-Residences4Year Built1905Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$1,127 per month

30 year fixed, 6.28% Interest

Principal and Interest

$815

Property Taxes

$311

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 826 South Walnut Street

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: Corner of South Walnut and Chenery
  • Latitude: 39.793245
  • Longitude: -89.662997
  • MLSArea Minor: Springfield
  • Postal Code: 62704
  • State Or Province: IL
  • Zoning: R-2 w/Variance
Taxes and HOA Information
  • Parcel Number: 14330403001
  • Tax Annual Amount: $3,735
  • Tax Legal Description: N 40' L 7 & N 40' W 25' L8 B 2 MRS ULRICHS ADDN
  • Tax Year: 2024
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Other
Property
Lot Information
  • Structure Type: Quadruplex
  • Building Area Total: 2415.0
  • Lot Features: Corner Lot, Level
  • Lot Size Dimensions: 125 x 40
  • Number Of Units Total: 4
  • 100 Year Plain: Unknown
Property and Assessments
  • Development Status: Completed
  • Documents Available: None Available
  • New Construction: No
  • Year Built: 1905
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 5
  • Number Of Gas Meters: 0
  • Numberof Water Meters: 5
  • Water Sewer Expense: $372
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Lawn Snow Removal: 0
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: Full
  • Heating: Baseboard, Radiant, Window Unit(s)
  • Interior Features: Cable Available, High Speed Internet
  • Laundry Features: Units Hook-Ups
  • Number Of Central Air Units: 0
  • Number Of Heating Units: 1
  • Number Of Ranges: 4
  • Numberof Refrigerators: 4
  • Number Of Water Heaters: 4
  • Number Of Window Units: 4
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $97
  • Gross Income: $24,899
  • Gross Scheduled Income: $24,549
  • Insurance Expense: $0
  • Maintenance Expense: $4,946
  • Manager Expense: $0
  • Net Operating Income: $14,336
  • Operating Expense: $6,828
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 350
  • Trash Expense: $1,413
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: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Lease Term: Variable
  • Tenant Pays: All Utilities

Property History for 826 South Walnut Street

DateEvent & SourcePriceAppreciation
Oct 10, 2025

Sold

MRED #1039269

$165,000—
Oct 10, 2025

Sold

RMLS ALLIANCE #CA1039269

$165,000—
Oct 6, 2025

Sold (Public Record)

Public Record #1917302760

$165,000—
Oct 6, 2025

Sold (Public Record)

Public Record #1917302760

$165,000

+5.0% / yr

Sep 19, 2025

Pending

MRED #1039269

—
Sep 19, 2025

Pending

RMLS ALLIANCE #CA1039269

—
Sep 17, 2025

Listed (Active)

MRED #1039269

$169,900—
Sep 17, 2025

Listed (Active)

RMLS ALLIANCE #CA1039269

$169,900—
Jan 3, 2020

Sold (Public Record)

Public Record #1383657255

$124,500

+0.2% / yr

Jan 3, 2020

Sold

RMLS ALLIANCE #CA193673

$124,200—
Nov 15, 2019

Pending

RMLS ALLIANCE #CA193673

—
Jun 7, 2019

Listed (Active)

RMLS ALLIANCE #CA193673

$131,500—
Sep 15, 2016

Sold (Public Record)

Public Record #1130864896

$123,500—
Sep 15, 2016

Sold

RMLS ALLIANCE #CA164120

$123,500—
Jul 22, 2016

Pending

RMLS ALLIANCE #CA164120

—
Jul 5, 2016

Listed (Active)

RMLS ALLIANCE #CA164120

$129,900—
DateEvent & SourcePrice
10/10/2025

Sold

MRED #1039269

$165,000
10/10/2025

Sold

RMLS ALLIANCE #CA1039269

$165,000
10/06/2025

Sold (Public Record)

Public Record #1917302760

$165,000
10/06/2025

Sold (Public Record)

Public Record #1917302760

$165,000

+5.0% / yr

09/19/2025

Pending

MRED #1039269

—
09/19/2025

Pending

RMLS ALLIANCE #CA1039269

—
09/17/2025

Listed (Active)

MRED #1039269

$169,900
09/17/2025

Listed (Active)

RMLS ALLIANCE #CA1039269

$169,900
01/03/2020

Sold (Public Record)

Public Record #1383657255

$124,500

+0.2% / yr

01/03/2020

Sold

RMLS ALLIANCE #CA193673

$124,200
11/15/2019

Pending

RMLS ALLIANCE #CA193673

—
06/07/2019

Listed (Active)

RMLS ALLIANCE #CA193673

$131,500
09/15/2016

Sold (Public Record)

Public Record #1130864896

$123,500
09/15/2016

Sold

RMLS ALLIANCE #CA164120

$123,500
07/22/2016

Pending

RMLS ALLIANCE #CA164120

—
07/05/2016

Listed (Active)

RMLS ALLIANCE #CA164120

$129,900

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

Public Records for 826 South Walnut Street

Taxable ValueLand$7,415Additions$37,050Total$44,465
Tax Record2024$3,735 ($311 / month)
Home Facts
Beds0Lot Size5,006 SqFtStyleSingle Family ResidenceCountySANGAMONAPN14-33.0-403-001

Schools near 826 South Walnut Street

This home is within Springfield School District 186.
Rating
School
Type
Grades
Distance
Elizabeth Graham Elementary School
Public - K to 5
Benjamin Franklin Middle School
Public - 6 to 8
Springfield High School
Public - 9 to 12
Springfield Learning Academy
Public - 9 to 12
Rating
School
Distance
Elizabeth Graham Elementary School
PublicK to 5

Benjamin Franklin Middle School
Public6 to 8

Springfield 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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Real Estate Group, Inc.

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/19/2025 11:29 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.