Home For Sale In Springfield, Illinois

house for sale

Listed: 04/08/24

916 S 8th St, Springfield, Illinois, 62703

Studio Bed:

4 Bath:

4,400 Sq Ft Living Area:

Save

Price

$ 435,000

Show 6 more

About This House

Investment opportunity awaits with this apartment building featuring eight units - all are one bedroom, one bathroom! Centrally located, walking distance to all amenities in the heart of downtown Springfield - restaurants, shopping, Illinois State Capitol building, State office buildings and hospitals!

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Houses for sale in Springfield

Original listing

South Town Housing & Living

Average sale prices for houses

2 bed

3 bed

Show as List Show as Graph

Month	Median Price
May 2024	$110,300 (-17.8%)
Apr 2024	$134,262 (0%)
Mar 2024	$134,262 (0%)
Feb 2024	$134,262 (0%)
Jan 2024	$134,262 (+61.6%)
Dec 2023	$83,063 (-36.8%)

In May 2024, the asking price for 2 bed houses for sale in/near South Town, Springfield, United States averaged $110,300, a decrease of 17.8% from the previous month.

Median price trends for properties for sale in South Town, Springfield, United States as of May 2024.

Household Income

Median household income: $51,789

Number of households: 50,693

The average household income in Springfield, IL grew from $50,191 to $51,789 in the past year. This data is an estimate based upon 50,693 households in Springfield, IL.
The chart below presents how household income is distributed in Springfield, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Springfield, IL compared to median property taxes around the country. The prevalent amount of property taxes in Springfield, IL equals $3k+ , which is more than the national average.