1501 & 1505 S 5th Street
Springfield, IL 62730
So much potential and so many possibilities accompany this property! This unique piece of ground is location on South 5th St, just outside of historic downtown Springfield. This property is so conveniently close to I-55 and I-72, an abundance of shopping, restaurants, grocery, and living conveniences, that you will not have to go far to get what you need. Built between 1915 and 1937, there are two independent duplex buildings that offer a range of uses, once marketed as commercial office space, but now as separate duplex rental units. Easily converted back to office space if one might desire. 1501 offers a 2 bedroom unit on the main level with 1 bath, office, kitchen, dining and living room. The upper level unit has 2 bedrooms, living room, kitchen, bathroom, and private balcony. The basem
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: Yes Basement: Full, Unfinished -
Roofing Information
Rubber, Shingle -
Interior Features
Roof: Rubber, Shingle Appliances: Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1915 Building Area Total: 5083 Construction Materials: Brick, Vinyl Siding Private Pool: No Association Fee Frequency: Monthly
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Lot Information
Lot Dimensions: 220 x 304Property Information
Subdivision: None Source Property Type: Residential Income MLS Area Minor: Springfield Property Age: 111
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Listing Price Information
Listing Price: $300000
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Tax Information
Parcel Number: 22-04.0-234-009 Tax Year: 2025 Annual Tax: $8963.12 Tax Legal Desc: GEO. CARPENTERS SUB PT E1/2 NE L 1 N 60' B 3 4-15-5
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Parking Information
Parking Total: 8 Detached, Guest, OversizedHomeowners Association InformationHas Association: Yes
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School Information
Elementary School:Junior High School:Senior High School: Springfield District #186 -
Location Information
Direction: Heading south on 5th St, the property is at the corner of 5th and Cedar. WaterSource: Public
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Based on information submitted to the MLS GRID as of 06/09/2026 @ 05:41. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
ByOwner last updated this listing 06/09/2026 @ 05:41
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