About This Home

This 4-bedroom, 3-bathroom residential multi family at 206 N STATE Street in Springfield, IL is listed for $215,000. Built in 1900, on a N/A lot.

Key Features

  • Built in 1900
  • 3 parking spaces

Property Details

3 full
3 spaces
1900
Listing Description

This 3 unit building would be a great addition to anyones investment portfolio! With two units currently leased to happy residents, the largest of the bunch is vacant and open for you to strategically place your own tenant. With total incoming rents reaching $2,400/mo between the three units, this income producing investment will surely treat you right.

One 2 unit with a large open living room, one 1 unit also has good living space, and a studio unit wraps up the back. There is a detached garage that could also serve as a rental space...perfect for someone to use as a storage unit or equipment storage. This building sits a short 4 minute drive from the medical district, opening up great opportunity to attract traveling nurses! We are motivated to make a deal, so don't miss the chance to make this yours!

Monthly Cost Estimate

$1,150/mo

20% down · 6.5% · 30 years

Principal$155
Interest$932
Insurance$63

Estimates only. Actual payments may vary.

Location

206 N STATE Street

Springfield, IL 62704

Features & Amenities

Interior Features

Cable Available

Property Details

Construction

Aluminum Siding

Parking

Alley

Heating

Natural GasForced AirOther (Heating)

Questions & Answers

This 4-bedroom, 3-bathroom residential multi family at 206 N STATE Street is listed at $215,000. The estimated monthly payment is $1,150 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 3 parking spaces. Interior Features: Cable Available.

This property is listed by Joshua Kruse and can be reached at 2178169405.

JK

Joshua Kruse

Agent at The Real Estate Group, Inc.

(217) 816-9405
Agent website

Listed by The Real Estate Group, Inc. · Broker phone: (217) 787-7000 · View on Broker Site · Broker website

MLS# CA1046545· Source: RMLS Alliance· 4 days on PropertySimple

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.

206 N STATE Street, Springfield, IL 62704

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