Springfield IL Multi Family for Sale
ADDITIONAL INFORMATION
Great investment opportunity. This is newly renovated two-story duplex and has undergone extensive updates in recent years, including insulation, drywall, new flooring, trim, doors, water heaters, kitchen, and bathrooms. The main floor features 2 bedrooms and 1 bathroom, while the upper unit offers 1 bedroom and 1 bath. The east foundation wall has been entirely replaced, ensuring structural integrity and peace of mind for potential buyers.
ADDITIONAL INFORMATION
Excellent location, presently a duplex could be a single-family home, 2-bedroom apartment main floor, the upper apartment is 1 bedroom. 2 bedroom should rent for $1,200 a month and the 1 bedroom for $800 a month. The owner pays for gas, water, and sewer, tenant pays electric and garbage. Laundry facilities in the basement.
- Type:
- Cluster
- Sq.Ft.:
- 3,920
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1973
- Baths:
- MLS#:
- CA1031670
- Subdivision:
- Indian Hills
ADDITIONAL INFORMATION
This home was once separated into 2 units but was renovated to open the party wall making way for a split bedroom concept and one huge living room and kitchen. Whether you are looking for an awesome 4 bedroom or maybe an investment property with some simple modifications, this home will offer you options. Basement has so many possibilities. Party wall was removed in the basement as well, making the family room, one nice sprawling room. 2 additional bathrooms in the basement. This property will be preinspected to make owning it easy.
- Type:
- Cluster
- Sq.Ft.:
- 1,792
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- CA1031555
ADDITIONAL INFORMATION
Handyman special! Clean slate...large bedrooms and rooms.
- Type:
- Cluster
- Sq.Ft.:
- 2,070
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1910
- Baths:
- MLS#:
- CA1031475
- Subdivision:
- Harvard Park
ADDITIONAL INFORMATION
ATTENTION ALL INVESTORS!! Come check out this great triplex investment opportunity, located in the popular Harvard Park. Electric is paid by tenants and metered separately. Landlord pays for gas, water, & trash. This property has great potential for generating income.
- Type:
- Cluster
- Sq.Ft.:
- 2,078
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1884
- Baths:
- MLS#:
- CA1031385
ADDITIONAL INFORMATION
Don't miss out on this maintenance free exterior dulex with great cash flow. New Boiler, new gutters in front. Square feet believed to be accurate but not warranted. Buy 1129 Spring with 7 others as a package deal. Selling AS-IS 830 W JEFFERSON Street, 102 S GLENWOOD, 514 W ALLEN Street, 317 S STATE Street, 318 State Street, 110 W VINE Street and 155 N MACARTHUR as a package. ALL SOLD AS-IS.
ADDITIONAL INFORMATION
Don't miss out on this 4 unit complex with great cash flow. New exterior paint August 2024, newer roof, units 1-3 have new furnaces, new clean out installed for any future sewer problems, lots of original hardwood and a coin operated dryer. New sound insulated drop ceiling apartments 1 & 2, exterior paint, new stove in apt 3 Selling AS-IS Square feet believed to be accurate but not warranted. Buy 155 N MacArthur with 7 others as a package deal. Selling AS-IS 1129 S SPRING Street, 830 W JEFFERSON Street, 102 S GLENWOOD, 514 W ALLEN Street, 317 S STATE Street, 318 State Street, 110 W VINE Street and 155 N MACARTHUR as a package. ALL BEING SOLD AS-IS
- Type:
- Cluster
- Sq.Ft.:
- 2,843
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- CA1031383
ADDITIONAL INFORMATION
Don't miss out on this like brand new triplex with great cash flow. New 50 year roof, plumbing, electrical, siding, insulation, gutters and downspouts & flooring. Plaster removed to studs and new drywall installed. New kitchen cabinets & appliances in units 2 & 3. New HVAC for unit 3. Square feet believed to be accurate but not warranted. Buy 318 State with 7 others as a package deal. Selling AS-IS 1129 S SPRING Street, 830 W JEFFERSON Street, 102 S GLENWOOD, 514 W ALLEN Street, 317 S STATE Street, 110 W VINE Street and 155 N MACARTHUR CAN BE BOUGHT as a package. ALL SOLD AS-IS.
- Type:
- Cluster
- Sq.Ft.:
- 2,422
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- CA1031382
ADDITIONAL INFORMATION
Don't miss out on this triplex with maintenance free exterior and great cash flow. Newer roof, units 1&3 have newer LVP and original HWD floors. 2 new PTAC units for heating and cooling in units 1 & 3, apartment 1 painted. Square feet believed to be accurate but not warranted. Buy 110 W Vine with78 others as a package deal. Selling AS-IS 1129 S SPRING Street, 830 W JEFFERSON Street, 102 S GLENWOOD, 514 W ALLEN Street, 317 S STATE Street, 318 State Street, and 155 N MACARTHUR as a package. ALL SOLD AS-IS.
- Type:
- Cluster
- Sq.Ft.:
- 2,100
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1917
- Baths:
- MLS#:
- CA1031381
ADDITIONAL INFORMATION
Don't miss out on this maintenance free exterior duplex with great cash flow. New LVP flooring and both bathrooms. 2 bathroom remodeled, new flooring, new doors, paint, light fixtures, fans, drop ceiling improvements, new decking on back steps, new window, new appliances, new 50 year metal roof, 2 new window air conditioners, 2- 80,000 BTU Furnaces. Square feet believed to be accurate but not warranted. Buy 317 State with 7 others as a package deal. Selling AS-IS 1129 S SPRING Street, 830 W JEFFERSON Street, 102 S GLENWOOD, 514 W ALLEN Street, 318 State Street, 110 W VINE Street and 155 N MACARTHUR as a package. ALL SOLD AS-IS
- Type:
- Cluster
- Sq.Ft.:
- 1,611
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1910
- Baths:
- MLS#:
- CA1031380
ADDITIONAL INFORMATION
Don't miss out on this maintenance free exterior triplex with great cash flow. Some roofing is newer, original hardwood has been refinished and has 1 long term tenant. Apt 1 newly painted and new ceiling fans. Square feet believed to be accurate but not warranted. Buy 514 W Allen with 7 others as a package deal. Selling AS-IS 1129 S SPRING Street, 830 W JEFFERSON Street, 102 S GLENWOOD, 317 S STATE Street, 318 State Street, 110 W VINE Street and 155 N MACARTHUR as a package. ALL SOLD AS-IS.
$100,000
102 S Glenwood Springfield, IL 62704
- Type:
- Cluster
- Sq.Ft.:
- 2,872
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1904
- Baths:
- MLS#:
- CA1031379
ADDITIONAL INFORMATION
Don't miss out on this maintenance free exterior duplex with great cash flow. Apt 2 new flooring, paint, light fixtures, new fridge, Furnace, A/C & 40-gallon Water Heater. Square feet believed to be accurate but not warranted. Selling AS-IS. Buy 102 Glenwood with 7 others as a package deal. 1129 S SPRING Street, 830 W JEFFERSON Street, 514 W ALLEN Street, 317 S STATE Street, 318 State Street, 110 W VINE Street and 155 N MACARTHUR as a package. ALL BEING SOLD AS-IS
- Type:
- Cluster
- Sq.Ft.:
- 1,846
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1880
- Baths:
- MLS#:
- CA1031378
ADDITIONAL INFORMATION
Don't miss out on this maintenance free exterior duplex with great cash flow. Roof 2017, units #1 has new Kitchen & bathroom. Unit #2 has new LVP flooring in kitchen and there is lots of original HWD throughout both units. New water line from main (potential lead removed by city), 2 New Furnaces & 2 New Water Heaters. Square feet believed to be accurate but not warranted. Selling AS-IS. Buy 830 W Jefferson with 7 others as a package deal. 1129 S SPRING Street, 102 S GLENWOOD, 514 W ALLEN Street, 317 S STATE Street, 318 State Street, 110 W VINE Street and 155 N MACARTHUR as a package. ALL BEING SOLD AS-IS
- Type:
- Cluster
- Sq.Ft.:
- 3,236
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1923
- Baths:
- MLS#:
- CA1031314
ADDITIONAL INFORMATION
This four-unit investment property in the heart of Springfield offers strong income potential and a prime location near the medical district, downtown, and state buildings—perfect for attracting renters from these communities. The property consists of one main floor unit, two second-floor units, and a fourth unit on the finished third floor, each featuring 2 bedrooms, 1 bath, and a formal living space. Tenants pay for gas and electric (separately metered), while the landlord covers water and trash. The first-floor unit currently rents for $830/month on a month-to-month lease. Two of the three furnaces are new within the last five years, with central air in the first and third floors, and window AC on the second floor. The roof is approximately 7-8 years old. The property includes one parking space in front and additional parking in the back. Whether you’re looking to maximize rental income or live in one unit while renting out the others, this well-maintained property in a desirable area presents a fantastic investment opportunity.
- Type:
- Cluster
- Sq.Ft.:
- 3,086
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- CA1031263
- Subdivision:
- Lincoln Park
ADDITIONAL INFORMATION
Investment Property! Seller has done most of the work updating! 3-unit building fully leased. 2 main floor units and the 3rd unit is on the 2nd level. Units are a decent size; unit B could be a 2 bedroom. Upstairs tenant pays gas & electric. Main floor units' tenants pay electric and owner pays gas. 2023 Rubber Roof was terminated & possibly has 6 years left. Pictures are from the 2nd floor unit. Videos for the other 2 units are available. Off street parking. Inspections are welcome but selling as-is. 716 B - 1/1 - $450; large LR & FR 716 C - 1/1 - $800: New in 2024; Furnace, Electrical panel, AC, Windows, Rehabbed. 716.5 - 2/1 (upstairs unit) - $750: New in 2023; Furnace, Electrical panel, Windows, AC, Rehabbed.
- Type:
- Cluster
- Sq.Ft.:
- 3,300
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1967
- Baths:
- MLS#:
- CA1031126
ADDITIONAL INFORMATION
This centrally located 6 unit complex is currently sitting with 5 of 6 units occupied, and very rarely holds vacant apartments. With Four 2 bedroom/1 bath units, and Two 1 bedroom/1 bath, you will have options to offer tenants. In 2019, the property received some substantial updates to flooring, fixtures, kitchens and bathrooms. Tenants pay unit utilities, and owner pays for water and garbage disposal service. Common area coin operated laundry is an added bonus.
ADDITIONAL INFORMATION
This charming duplex offers a fantastic investment opportunity in a desirable location near Washington Park. The main floor features two spacious bedrooms, with the potential to convert an additional space into a third bedroom. The upper level includes a cozy one-bedroom, one-bath unit. The property also boasts a detached two-car garage, providing ample parking and storage. Don't miss out on this versatile property with great potential.
ADDITIONAL INFORMATION
Great investment opportunity just a couple blocks from the medical district. Both units are 2 bedrooms, 1 bath. New roof in 2023, replacement windows, updated flooring, new paint, new gutters. Both units are occupied - $815 a month leased until 1/5/25; $700 a month - lease expired on 6/15/24 and currently month to month. Owner pays for water, trash and mowing.
- Type:
- Cluster
- Sq.Ft.:
- 2,720
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2001
- Baths:
- MLS#:
- CA1030941
ADDITIONAL INFORMATION
Incredibly sprawling corner lot brick/vinyl sided duplex -- not your every day multi family property! Each units boasts an incredibly large open living/kitchen/dining concept, hall laundry facilities, hall half bath, and two large bedrooms -- all bedrooms have newly installed carpeting -- each unit has a full bath with two separate vanities that has been smartly placed between both bedrooms. Each unit also has a great covered front porch. All electric units. Fresh paint throughout. Live in one and let the other contribute toward the mortgage -- or rent them both out for added income! Priced to attract attention and to move swiftly!
- Type:
- Cluster
- Sq.Ft.:
- 6,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1983
- Baths:
- MLS#:
- CA1030828
ADDITIONAL INFORMATION
Great opportunity to own a 6 units just a couple blocks away from Lincoln Park. All fully occupied with a total gross monthly income of $3,550. New roof layover just installed in August 2024. Tenant pays for all utilities. Owner pays for garbage expense.
- Type:
- Cluster
- Sq.Ft.:
- 1,600
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1935
- Baths:
- MLS#:
- CA1030387
ADDITIONAL INFORMATION
Income producing duplex leased and ready for new ownership. Both 2 bed units, one is approx. 1,000 sq ft and the other approx. 600 sq ft. Its solid 2 unit property for an investor looking to expand that portfolio.
- Type:
- Cluster
- Sq.Ft.:
- 1,632
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1867
- Baths:
- MLS#:
- CA1029942
ADDITIONAL INFORMATION
Discover this affordable duplex nestled on a north end tree-lined street, boasting a high rent-to-purchase price ratio. Each unit is equipped with separate utilities, providing convenience and flexibility for tenants. The property offers significant potential with a modest investment in TLC, making it an ideal opportunity for savvy investors. Updated mechanical systems ensure operational efficiency and lower maintenance expenses, further enhancing its appeal as a solid investment in a desirable location. Selling As-Is
ADDITIONAL INFORMATION
INVESTMENT OPPORTUNITY: Updated Triplex with Solid Cash Flow! An exceptional investment property located in Springfield, this triplex offers three one-bedroom, one-bathroom units. Each unit has undergone extensive updates from 2023 to 2024, ensuring modern amenities and increases rental appeal. Unit A: Currently rented at $850/month Unit B: Currently rented at $850/month Unit C: Currently rented at $1050/month All tenants are reliable cash tenants, providing a stable income stream. Showings require 24-hour notice.
ADDITIONAL INFORMATION
Unique Investment Opportunity! This property features two separate homes on one parcel, making it a fantastic investment opportunity. Home 1: A two-bedroom, one-bathroom currently rented to a cash tenant for $850/month. Home 2: A one-bedroom, one-bathroom house, completely remodeled in late 2023, rented through Section 8 for $773/month. Both homes offer a great return on investment with stable tenants in place. Showings require 24-hour notice.
ADDITIONAL INFORMATION
Welcome to 1300 North Grand Avenue, West Springfield, IL 62702, a charming ten-unit apartment complex offering spacious living in a convenient location. Current gross rent $7775/month. This all-brick building boasts ten meticulously designed units, each offering two bedrooms and one bath, ideal for both individuals and small families seeking comfort and convenience. Step inside any of these units, and you'll be greeted by modern interiors featuring sleek finishes and contemporary amenities. With an all-electric setup with central air and no natural gas service, residents enjoy energy-efficient living while minimizing environmental impact. Renovated to perfection, almost all units showcase updated fixtures, flooring, and appliances, ensuring a fresh and inviting atmosphere for every resident.
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 RMLS Alliance. All rights reserved.
Springfield Real Estate
The median home value in Springfield, IL is $176,500. This is higher than the county median home value of $123,400. The national median home value is $219,700. The average price of homes sold in Springfield, IL is $176,500. Approximately 55.82% of Springfield homes are owned, compared to 33.96% rented, while 10.22% are vacant. Springfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Springfield real estate agent to arrange a tour today!
Springfield, Illinois has a population of 116,313. Springfield is less family-centric than the surrounding county with 23.77% of the households containing married families with children. The county average for households married with children is 27.08%.
The median household income in Springfield, Illinois is $51,789. The median household income for the surrounding county is $58,687 compared to the national median of $57,652. The median age of people living in Springfield is 38.9 years.
Springfield Weather
The average high temperature in July is 86 degrees, with an average low temperature in January of 18.6 degrees. The average rainfall is approximately 38.4 inches per year, with 20.9 inches of snow per year.