Bring your vision and renovation expertise! This up-down duplex offers plenty of potential for an investor prepared for a substantial rehab. Must be purchased together with 926 N 3rd Street, a 3-bedroom, 2-bath bungalow in the heart of the medical district, creating a three-unit investment package across two addresses. Both properties are in rough condition and require extensive renovation. Investment buyers only. Sold strictly AS IS, WHERE IS. Properties will not be sold separately. List price is for both properties.
Single-familyProperty Type
1900Year Built
4,446 sq ftLot Size
$74Price/Sq.Ft.
1 spaceParking
Listed by Jami Winchester• The Real Estate Group, Inc.
Grand Central, located between Downtown Springfield and the Illinois State Fairgrounds, is a residential and commercial Springfield neighborhood with a rail-adjacent street grid and a legacy of brick storefront corridors. The neighborhood’s character concentrates around the 10th Street and North Grand Avenue corridor, where corner taverns, long-running diners, and small service shops keep the sidewalks active. Housing leans toward early-20th-century bungalows and modest two-flats, with occasional industrial-era buildings near the tracks. Washington Park and its lagoon-like paths set a calmer counterpoint to the busier arterials. The Illinois State Fairgrounds adds seasonal energy and big-sky open space. Daily life centers on practical errands, local food counters, and walkable blocks that still read as distinctly Springfield.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Has a basement (crawl space, partial, unfinished)
No fireplaces
Bedrooms
2 bedrooms
Bathrooms
2 full bathrooms
Kitchen
Kitchen with vinyl flooring
Laundry & utility
Gas water heater
Flooring
Hardwood flooring in main living areas and bedrooms
Vinyl flooring in the kitchen
Heating & cooling
Forced air heating
Window AC units
Exterior features
Level lot
Lot dimensions approximately 39 x 114
Home design
Single family residence
Two levels
Parking
On-street parking (paved)
Construction
Shingle roof
Built in 1900
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Great investment opportunity! Once inside this old-world charmer, you will be in awe at the beautiful original hardwood, solid wood doors with transom above, and windows galore. This home features two generous main floor bedrooms and a shared main floor bath. There is a separate converted apartment upstairs featuring a bedroom, living room, and kitchen combo. A main floor staircase could easily be re-opened to once again create a 3-bedroom home. The roof, furnace, and hot water heater were all replaced within the last 10 years. With a little TLC, let your imagination transform this home back to its former glory. Selling AS-IS.
Year
Property tax
Land + Additions
Assessment*
2025
$1,227 (+3.3%)
$4,752 + $10,397
$15,149
2024
$1,187 (−14.0%)
$4,432 + $9,697
$14,129
2023
$1,379 (+4.0%)
$4,048 + $11,552
$15,600
2022
$1,326 (+3.4%)
$3,840 + $10,958
$14,798
2021
$1,282 (+2.0%)
$3,696 + $10,548
$14,244
2020
$1,257 (+2.4%)
$3,702 + $10,564
$14,266
2019
$1,227 (−27.2%)
$3,689 + $10,457
$14,146
2018
$1,687 (+2.1%)
$3,671 + $16,293
$19,964
2017
$1,652 (+2.0%)
$3,624 + $16,082
$19,706
2016
$1,619 (+3.1%)
$3,571 + $15,847
$19,418
2013
$1,570
$3,505 + $15,873
$19,378
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
4,446 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Other
County
Sangamon County
APN
22040211007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 12, 2026.
R-2
Single-Family and Duplex Residence District
The R-2 single-family and duplex residence district provides for single-family and two-family residential development on normal sized lots.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Single unit
Housing-Multiple units
Educational/school
Golf related
Sports arena / stadium
Agriculture-Cropland
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 105° expected this year, 20 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Springfield, IL • 62704
Average low and high temperatures (°F)
33
17
43
25
62
39
69
49
75
55
83
66
87
71
84
65
82
58
72
49
54
38
41
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 1518 S Spring St
$129,510
$490 under list price of $130K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $80K to $195K.