724 N 5th St, Springfield, IL 62702
Property image
Property image
OFF MARKET

$1,491,900

Trulia Estimate
  • Studio
  • 39,221 sqft (on 1.94 acres)

724 N 5th St, Springfield, IL 62702

Enos Park
Est. Refi. Payment $10,239/mo*
Refinance Your Home

Home Value

Trulia Estimate
$1.49M
Since last month
Increased$1M (+1,187.2%)
Since last year
Increased$1M (+1,187.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +2,160% in the last 10 years
MonthEstimated value
2026
August 2026$1.49M
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
914 N 5th St, Springfield, IL
0.15
Multi-Family Home
$75,000
09/02/25
4
2
2,192
541 E Black Ave, Springfield, IL
0.93
Multi-Family Home
$337,700
01/29/26
26
27
15,054
1038 N 1st St, Springfield, IL
0.42
Multi-Family Home
$150,000
06/30/26
5
3
2,743
1127 N 6th St, Springfield, IL
0.41
Multi-Family Home
$120,000
10/15/25
4
3
3,200
1233-35 N 8th St, Springfield, IL
0.60
Multi-Family Home
$132,000
08/14/26
4
2
1,870
430 E Keys Ave, Springfield, IL
0.80
Multi-Family Home
$390,000
02/09/26
12
8
6,448
1224 Rutledge St, Springfield, IL
0.72
Multi-Family Home
$90,000
02/18/26
3
3
2,023
1453 N 3rd St, Springfield, IL
0.79
Multi-Family Home
$82,500
01/13/26
4
3
1,570
629 W Washington St, Springfield, IL
0.90
Multi-Family Home
$360,000
07/20/26
8
4
3,300
802 W Jefferson St, Springfield, IL
0.96
Multi-Family Home
$35,000
11/17/25
2
4
4,351

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
715 N 5th St, Springfield, IL 62702
0.04
$131,300
3
1.5
1,948
Off Market
631 N 6th St, Springfield, IL 62704
0.08
$1,046,700
Studio
-
13,624
Off Market
724 N 6th St, Springfield, IL 62702
0.07
$155,400
3
1.5
1,976
Off Market
713 N 4th St, Springfield, IL 62702
0.11
$175,300
4
3
3,348
Off Market
914 N 5th St, Springfield, IL 62702
0.15
$153,400
4
2
2,192
Off Market
923 N 5TH ST, SPRINGFIELD, IL 62702
0.18
$258,000
4
3.5
2,652
Recently Sold
919 N 6th St, Springfield, IL 62702
0.19
$63,800
3
2
2,048
Off Market
516 Enterprise St, Springfield, IL 62702
0.20
$210,200
4
4
2,000
Off Market
837 N 8th St, Springfield, IL 62702
0.22
$117,200
2
1
1,943
Off Market
820 N 8th St, Springfield, IL 62702
0.24
$75,000
3
2
1,400
For Sale
830 N 8th St, Springfield, IL 62702
0.24
$69,300
2
1
1,050
Off Market
932 N 2nd St, Springfield, IL 62702
0.27
$115,000
3
1
917
Recently Sold

Local Information

  • Map ViewExplore the area around 724 N 5th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Lot Size
1.94 acres
Living Area
39,221 sqft
Price/Sqft
$38

About this House

RARE INVESTMENT OPPORTUNITY near hospitals, downtown Spfld & new YMCA site! DESIRABLE exceptionally well Managed/Maintained (+/-)45 unit TURN-KEY complex is winner of historic preservation awards, includes 9 structures & 3 vac lots occupying nearly an entire square block (SEE ATTACHMENTS for complete list & Rent Roll)! Gross Oper Income is 5yr avg of ACTUAL Rent Receipts & INCL avg Coin-op net inc of $4,133/yr. Maint Exp & Mngmnt estimated. Taxes of $22,581 is Actual 2018 pd in 2019 & includes the 3 lots but NOT 717 N. 6th! 5yr avg for utilities $37,234 TOTAL. Most elec pd by tenant except for hot water. Beautiful 717 N. 6th-currently single family home worth approx $110,000, could convert back to duplex (NO INCOME OR EXPENSES FOR THAT PROPERTY IN ANY OF THE #'s)! 2019 P&L not yet completed, but estimated to reflect Actual NOI of approx $190,000! Eligible for TIF & Entprise zone sales tax exemp. See Agent Remarks & comments w/photos!
724 N 5th St, Springfield, IL 62702 is a studio, 39,221 sqft multi-family in Enos Park. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,491,900, with a rent estimate of $795/month.

Home Details for 724 N 5th St

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air

Property Information

Property Type / Style
Property Type: Multi Family

Exterior Features

Parking & Garage
Parking Spaces: 67

Community

Units in Building: 45

Lot Information

Lot Area: 1.94 acres

Price and Tax history

DateEventPrice
Jul 1, 2020
Source: Agent Provided
ListingRemoved
$2,000,000
Jan 10, 2019
Source: Agent Provided
Listed For Sale
$2,000,000

Market trends in Springfield

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$192K
$20.83KMoM
Sale-to-List Price
100.0%
0.3%MoM
Price per sq ft
$116
$4MoM
Available listings
342
34MoM

Around this home

Neighborhood Overview

Enos Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Enos Park

At least 11 Trulia users voted on each feature.

  • 100 % Say there are sidewalks

  • 90 % Say it's dog friendly

  • 88 % Say parking is easy

  • 74 % Say kids play outside

  • 73 % Say it's walkable to grocery stores

  • 67 % Say streets are well-lit

  • 67 % Say car is needed

  • 65 % Say it's walkable to restaurants

  • 65 % Say yards are well-kept

  • 52 % Say people would walk alone at night

  • 50 % Say there are community events

  • 46 % Say neighbors are friendly

  • 40 % Say they plan to stay for at least 5 years

  • 25 % Say there's wildlife

  • 25 % Say there's holiday spirit

  • 18 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Ski'luv C.
    "I've lived on the northside for 8 yrs and love it. They are very friendly on this side of town. I love my area right now because its very quiet."
    2
    Flag
  • Landon2106
    "I have a very short commute to work or other places I need to be. Easy access to parks, stores and churches in the neighborhood. "
    3
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 724 N 5th St

  • What is 724 N 5th St estimated to be worth?
    Trulia's estimated value for 724 N 5th St in Springfield, IL is $1,491,900.
  • Is Springfield a buyer's or seller's market?
    Springfield is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Springfield?
    The median sale price in Springfield is $192K. That is up $20.83K from the prior month.
  • What do residents say about the Enos Park neighborhood?
    Residents describe the Enos Park neighborhood in Springfield, IL as pedestrian-friendly, dog-friendly, and easy to park in. See recently sold homes in Enos Park, Springfield.
  • Does 724 N 5th St have air conditioning?
    Yes, 724 N 5th St in Springfield, IL has air conditioning.
  • Does 724 N 5th St have parking?
    Yes, 724 N 5th St in Springfield, IL has on-site parking.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Washer/dryer

76 rentals with a washer/dryer in Springfield, IL

Explore by feature - Outdoor Space

18 rentals with an outdoor space in Springfield, IL

Apartments for Rent

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