505 N Walnut St
Springfield, IL 62702
Oak Ridge- Studio
- 2 Baths
- 1,305 sqft
Studio
2 Baths
1,305 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Living Area
1,305 sqft
Price/Sqft
$54
About this House
Good investment - could be great income for price. New furnace. All appliances stay.
Home Details for 505 N Walnut St
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Levels, Entrance, & Accessibility Stories: 1 |
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Property Type / Style Property Type: Multi Family |
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Units in Building: 2 |
Price History for 505 N Walnut St
| Date | Price | Event | Source |
|---|---|---|---|
| 09/12/2016 | $25,000 | Sold | RMLS Alliance as distributed by MLS GRID #CA165453 |
| 08/26/2016 | $27,500 | Listed For Sale | Agent Provided |
Market trends in Springfield
Last updated June 2026
Avg. sale price
$171K
$4.67KMoM
Sale-to-List Price
99.7%
0.7%MoM
Price per sq ft
$112
$2MoM
Available listings
307
25MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $1,589 |
| Assessment | $56,739 |
Home facts updated by county records
Comparable Sales for 505 N Walnut St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.28 | Multi-Family Home | $78,000 | 02/25/26 | 4 | 2 | 1,846 | |
0.27 | Multi-Family Home | $35,000 | 11/17/25 | 2 | 4 | 4,351 | |
0.44 | Multi-Family Home | $110,000 | 08/22/25 | 2 | 2 | 1,676 | |
0.65 | Multi-Family Home | $205,000 | 02/10/26 | 4 | 2 | 1,932 | |
0.82 | Multi-Family Home | $116,000 | 10/17/25 | 2 | 2 | 1,452 | |
0.87 | Multi-Family Home | $139,751 | 03/09/26 | 3 | 2 | 1,800 | |
0.58 | Multi-Family Home | $125,000 | 07/31/26 | 5 | 3 | 2,843 | |
0.85 | Multi-Family Home | $75,000 | 09/02/25 | 4 | 2 | 2,192 | |
0.39 | Multi-Family Home | $360,000 | 07/20/26 | 8 | 4 | 3,300 | |
0.79 | Multi-Family Home | $90,000 | 02/18/26 | 3 | 3 | 2,023 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 505 N Walnut St.
What Locals Say about Oak Ridge
At least 4 Trulia users voted on each feature.
89 % Say car is needed
70 % Say yards are well-kept
67 % Say it's dog friendly
67 % Say kids play outside
64 % Say there are sidewalks
64 % Say there's holiday spirit
60 % Say it's walkable to grocery stores
56 % Say it's quiet
50 % Say it's walkable to restaurants
50 % Say there's wildlife
50 % Say parking is easy
50 % Say streets are well-lit
44 % Say they plan to stay for at least 5 years
36 % Say people would walk alone at night
32 % Say neighbors are friendly
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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LGBTQ Local Legal Protections