# 1038 N 1ST Street, Springfield, IL 62702

> **TL;DR:** 5bd/3ba residential multi family, $150,000, built 1913.
> A/C. Est. $650/mo. Listed 23 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $150,000 |
| Bedrooms | 5 |
| Bathrooms | 2 full, 1 half |
| Year Built | 1913 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 23 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $650 |
| **Total** | **$650** |

## Nearby Schools

- **High:** Springfield District #186

## Key Amenities

- A/C

## Property Highlights

- Built in 1913
- 2 parking spaces

## Description

### Agent Description
Calling all investors! This super conveniently located rental property sits just blocks from Memorial Medical Center and SIU School of Medicine, and offers the perfect spot to house medical students and traveling nurses. Currently fully leased, so income will be immediately generated. This single family home was duplexed in the 1990's, and has seen replaced siding, windows, some updated HVAC, & the electric and gas meters have been separated. Shared washer & dryer available in basement. One unit has 1 bedroom, 1 Bath, living room and kitchen. Second unit has 4 bedrooms, 1.5 baths, living room, kitchen and closets for storage. Shared basement offers even more usable storage. Off street, ally side parking easily accommodates 4 cars, with even more parking at the street. This is a super affordable duplex that will increase your portfolio earnings!

## Location

- **Address:** 1038 N 1ST Street, Springfield, IL 62702
- **County:** Sangamon
- **Coordinates:** 39.813512, -89.654291
- **Google Maps:** https://www.google.com/maps?q=39.813512,-89.654291

## Listing Agent

- **Name:** Joshua Kruse
- **Brokerage:** The Real Estate Group, Inc.
- **Phone:** 2178169405
- **Email:** jkrusethegroup@gmail.com

## Primary Photo

![1038 N 1ST Street - Primary Photo](http://lh.rdcpix.com/8c66d3da1e764508fbbafa7ef707146el-f4062861512r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/1038-n-1st-street-springfield-il-62702-a1042419)*

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**MLS#:** CA1042419 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1038-n-1st-street-springfield-il-62702-a1042419)

---

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  "description": "Calling all investors! This super conveniently located rental property sits just blocks from Memorial Medical Center and SIU School of Medicine, and offers the perfect spot to house medical students and traveling nurses. Currently fully leased, so income will be immediately generated. This single family home was duplexed in the 1990's, and has seen replaced siding, windows, some updated HVAC, & the electric and gas meters have been separated. Shared washer & dryer available in basement. One unit",
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