724 N 5th St
Springfield, IL 62702
Enos Park
Studio
39,221 sqft (on 1.94 acres)
Studio
39,221 sqft
(on 1.94 acres)
Local Information
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Description
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!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 724 N 5th St
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Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
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Property Type / Style Property Type: Multi Family |
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Parking & Garage Parking Spaces: 67 |
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Units in Building: 45 |
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Lot Area: 1.94 acres |
Price History for 724 N 5th St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/01/2020 | $2,000,000 | ListingRemoved | Agent Provided |
| 01/10/2019 | $2,000,000 | Listed For Sale | Agent Provided |
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Comparable Sales for 724 N 5th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Multi-Family Home | $75,000 | 09/02/25 | 4 | 2 | 2,192 | |
0.93 | Multi-Family Home | $337,700 | 01/29/26 | 26 | 27 | 15,054 | |
0.41 | Multi-Family Home | $120,000 | 10/15/25 | 4 | 3 | 3,200 | |
0.80 | Multi-Family Home | $390,000 | 02/09/26 | 12 | 8 | 6,448 | |
0.72 | Multi-Family Home | $90,000 | 02/18/26 | 3 | 3 | 2,023 | |
0.79 | Multi-Family Home | $82,500 | 01/13/26 | 4 | 3 | 1,570 | |
0.96 | Multi-Family Home | $35,000 | 11/17/25 | 2 | 4 | 4,351 | |
0.86 | Multi-Family Home | $60,000 | 02/02/26 | 4 | 3 | 1,900 | |
0.97 | Multi-Family Home | $330,000 | 11/14/25 | 6 | 4 | 3,584 | |
1.32 | Multi-Family Home | $965,000 | 04/17/26 | 4 | 4 | 14,000 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKETKim Wenda, RE/MAX Professionals
OFF MARKETCrystal Germeraad, RE/MAX Professionals
OFF MARKETBill Marriott, The Real Estate Group, Inc.
OFF MARKETStephanie L Do, Do Realty Services, Inc.
OFF MARKETJami R Winchester, The Real Estate Group, Inc.
OFF MARKETLinda L Maier, Century 21 Real Estate Assoc
SOLDSEP 2, 2025Rachel Marfell, The Real Estate Group, Inc.
SOLDDEC 12, 2025Melissa D Vorreyer, RE/MAX Professionals
FOR SALEWesley Peterson, Keller Williams Capital
OFF MARKETPeter G Steward, RE/MAX Professionals
OFF MARKETJerry George, The Real Estate Group, Inc.
OFF MARKETKyle T Killebrew, The Real Estate Group, Inc.
Assigned Schools
These are the assigned schools for 724 N 5th St.
- Lanphier High School
- 9-12
- Public
- 1064 Students
1/10GreatSchools RatingParent Rating Averagemy daughter has been bullied for 2 years now and nothing ever gets doneParent Review8y ago - Mcclernand Elementary School
- K-5
- Public
- 210 Students
4/10GreatSchools RatingParent Rating AverageMy sons have been attending since Kindergarten and this will mark their 1st and 2nd grade years. I have not had any issues with the teachers nor the surroundings. The technology used by the 1st grade teacher kept up informed and created an ease to contact her about any questions. There is a lot of support for the families at this school.Parent Review8y ago - U S Grant Middle School
- 6-8
- Public
- 494 Students
2/10GreatSchools RatingParent Rating AverageI myself along with my daughter and son attended or attend grant. This school USED to be a great school. Unfortunately in the last 3 years hrant has went from good to very very bad. The teachers give up on their students. If you dont like teaching please quit. 1 math teacher per grade is ridiculous. My child needs help. They offer the after school class 2 days a week but end up canceling the class for lack of students signing up. My kid signs up but cant attend because they cancel the class. Now my kid has to attend summer school or they will make him repeat. Its awful environment. Lazy teachers in a lazy school in a failing school district.Parent Review2mo ago 
Check out schools near 724 N 5th St.
Neighborhood Overview
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.
LGBTQ Local Legal Protections
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Homes for sale near 724 N 5th St
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Off Market Homes Near 724 N 5th St
SOLDMAY 29, 2026Jane Hay, The Real Estate Group, Inc.
SOLDMAY 29, 2026James J Skeeters, Keller Williams Capital
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