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701 W Vine Street
Springfield IL 62704 US

$225,000

Active Listing ID 12664625
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4 bed
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2.00 Bath (2 Full)
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Other

$225,000

Active Listing ID 12664625
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701 W Vine Street Affordable Entry-Level Duplex Investment. High-Demand Rental Area 2 Blocks from Washington Park. Excellent opportunity for first-time investors or those looking to expand their portfolio with an affordable, income-producing property. New shingle roof, gutters, and windows in 2014. Interior of both units remodeled in 2016. New rubber roof over sunrooms in 2024. Current Rent: $2, 050/month. Lease Terms: month-to-month. Low barrier to entry with strong rental demand. Potential to improve returns through light value-add upgrades. This property is ideal for "house hacking, " long-term rental income, or as a stable addition to a diversified portfolio. Investment Highlights: Attractive price point for new investors. Strong rental demand in the area-opportunity for forced appreciation. Renting below current market rates. Great location in Springfield, IL, only 2 blocks away from Washington Park. Property is being sold in "as-is" condition.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Exterior Finish: Balcony
  • Roof Type: Rubber, Asphalt
  • Additional Features
  • Basement
  • Patio

School Information

  • School
  • Graham Elementary School(Elementary)
  • Franklin Middle School(MiddleSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 225000
  • unparsedaddress: 701 W Vine Street
  • postalcity: Springfield
  • stateorprovince: IL
  • country: US
  • postalcode: 62704
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.788253
  • longitude: -89.665835
  • listagentfullname: Jorge Romero
  • listagentemail: jorge@realtyonegroupinc.com
  • listagentkey: 3yd-MREDIL-133212
  • listagentmlsid: 133212
  • listagentpreferredphone: (773) 427-9200
  • listagentofficephone: 7734279200
  • listofficekey: 3yd-MREDIL-17494
  • listofficemlsid: 17494
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1940
  • listingcontractdate: 2026-06-08
  • listagenturl: https://www.houzeo.com/homes-for-sale/illinois/chicago
  • countyorparish: Sangamon
  • parcelnumber: 14330377032000
  • elementaryschool: Graham Elementary School
  • elementaryschooldistrict: 186
  • middleorjuniorschooldistrict: 186
  • highschooldistrict: 186
  • constructionmaterials: Aluminum Siding
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 6
  • parkingfeatures: Garage, Off Street, Owned
  • roof: Rubber, Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: None
  • exteriorfeatures: Balcony
  • architecturalstyle: Other
  • rooms: Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4, Basement
  • patioandporchfeatures: Porch
  • basement: Block, Full, Unfinished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.66583, 39.788254
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Realty One Group Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jorge@realtyonegroupinc.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jorge@realtyonegroupinc.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Realty One Group Inc", "ListBrokeragePhone":"(773) 427-9200", "ListBrokeragePostalCode":"60630", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"Unit 710", "ListBrokerageUnparsedAddress":"4849 N Milwaukee Ave.", "ListBrokerageWebsiteUrl":"https://www.houzeo.com/homes-for-sale/illinois/chicago", "ListOfficeAddress1":"4849 N Milwaukee Ave Unit 71 ", "ListOfficeAddress2":"Unit 710", "ListOfficeBrokerMlsId":"17494", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"jorge@realtyonegroupinc.com", "ListOfficePostalCode":"60630", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Other - Springfield, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/701-W-Vine-St_Springfield_IL_62704_M86800-29583?f=listhub&s=MREDIL&m=12664625&c=rexren", "MLSModificationTimestamp":"2026-06-14 05:06:32", "Neighborhoods":[{"Description":null, "Name":"Springfield"}], "PostalCode":null, "RoomCount":14, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4312, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/14/2026 5:30:17 AM GMT
Source Updated Date: 6/20/2026 12:35:32 AM GMT

Courtesy of: Jorge Romero, Realty One Group Inc., jorge@realtyonegroupinc.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.