512 Hay Street
Springfield, IL 62702
3
Bed
2
Bath
1,320Sqft
Investor Special — Bring Your Vision and Design Styles! Calling all investors, rehabbers, and buyers looking for their next value-add opportunity! This spacious 3-bedroom, 1.5-bath home offers plenty of room to reimagine and improve. The existing layout offers a large eat-in kitchen with wrap around counter tops, the additional space upstairs offers potential for a 4th bedroom, while the basement provides endless opportunities for finished living, recreation, or flex space. Outside, you’ll find a decent-sized backyard, carport, and detached 2-car garage—features that could add significant appeal once the property is renovated. This home needs TLC and is ready for renovation, making it a great opportunity for an investor looking for a flip, rental property, or long-term hold. Bring your
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 1 Half Baths: 1Room Information
Has Basement: Yes Basement: Crawl Space, Full, Unfinished -
Roofing Information
Shingle -
Interior Features
Breakfast Bar, Eat-in Kitchen Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Electric, Natural Gas
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Building Information
Year Built: 1895 Building Area Total: 1320 Construction Materials: Aluminum Siding Private Pool: No Association Fee Frequency: Monthly
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Lot Information
Lot Dimensions: 40x175 Lot Description: LevelProperty Information
Subdivision: None Source Property Type: Residential MLS Area Minor: Springfield Property SubType: Single Family Residence Levels: One and One Half Property Age: 131
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Listing Price Information
Listing Price: $42000
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Tax Information
Parcel Number: 14-28.0-253-020 Tax Year: 2025 Annual Tax: $2439 Tax Legal Desc: L26 MILLERS SUB PT L4&5 HERNDON&EDWARDS ADDN OUT LOTS
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Parking Information
Carport, DetachedGarage Information
Has Garage: Yes Garage Space: 2Homeowners Association InformationHas Association: Yes
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School Information
Elementary School:Junior High School:Senior High School: Springfield District #186 -
Location Information
Direction: Walnut north to East on Hay WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1129 E Reservoir Street, Springfield, IL, 62702 | $31,900 | 3 | 1 | 2,080 | 0.14 Acre |
| 2068 S 05th Street, Springfield, IL, 62702 | $150,000 | 3 | 3 | 1,549 | -- |
| 5 Melody Lane, Springfield, IL, 62702 | $79,000 | 2 | 1 | 762 | -- |
| 3012 E Enos Avenue, Springfield, IL, 62702 | $84,900 | 2 | 1 | 764 | -- |
| 1124 N Daniel Avenue, Springfield, IL, 62702 | $79,900 | 2 | 1 | 745 | -- |
| 2523 Ridge Avenue, Springfield, IL, 62702 | $124,900 | 3 | 1 | 1,000 | -- |
| 3915 N Dirksen Parkway, Springfield, IL, 62702 | $250,000 | -- | -- | -- | 1.58 Acres |
| 2413 E North Grand Avenue, Springfield, IL, 62702 | $149,900 | 4 | 2 | 1,664 | -- |
| 1709 Albert Street, Springfield, IL, 62702 | $137,900 | 3 | 1 | 1,214 | -- |
| 1821 Denton Drive, Springfield, IL, 62702 | $164,900 | 4 | 2 | 1,497 | -- |
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Based on information submitted to the MLS GRID as of 09/17/2026 @ 08:51. 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 09/17/2026 @ 08:51
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