Springfield IL Multi Family for Sale
- Type:
- Cluster
- Sq.Ft.:
- 27,000
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1976
- Baths:
- MLS#:
- CA1033102
ADDITIONAL INFORMATION
This investment property includes two buildings, total 24 units, each with 12 fully remodeled units as of 2019. Located next to Hy-Vee and close to shopping, schools, and more, this is a highly desirable area for tenants. Each unit was updated with new HVAC, flooring, kitchens, bathrooms, paint, and more, making it an ideal addition to your portfolio. Square footage is deemed accurate but not warranted. Broker holds a share in this property. Don’t miss this opportunity—Schedule a viewing today!
- Type:
- Cluster
- Sq.Ft.:
- 7,800
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1962
- Baths:
- MLS#:
- CA1033043
- Subdivision:
- Springfield
ADDITIONAL INFORMATION
Grasp this opportunity to purchase 9 apartments and 4 commercial spaces with a massive parking lot! This building comes with plans and permits for removing balcony on front and sides as well as replacing rear balcony and stairs. Tons of updates both cosmetically and mechanically throughout! video tour available Each of the 4 commercial spaces is approximately 975 sqft on ground level! Seven of the apartments are approximately 590 sqft Six are located on top floor One is in lower level with egress. Two 2 bedroom apartments are approximately 902 sqft on lower level with egress. 8 apartments have in unit laundry hookups. The lot connecting to myrtle is also included.
- Type:
- Cluster
- Sq.Ft.:
- 2,554
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- CA1033016
ADDITIONAL INFORMATION
Prime Location Corner lot in mid-Illinois medical district across from Enos Elementary School. Close proximity to downtown Springfield. Key Features Large duplex with two units, Two long-term tenants on month-to-month leases. Huge upside potential: Increase rents to market rate, Owner-occupy, Upgrade for mid/short-term rentals. New hot water heater (installed within last 3 years). Selling Details, Sold as-is, Perfect for investors or owner-occupiers seeking renovation opportunities, Don't miss this incredible investment chance!
- Type:
- Cluster
- Sq.Ft.:
- 3,200
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1898
- Baths:
- MLS#:
- CA1033011
ADDITIONAL INFORMATION
Exceptional investment opportunity! This fully renovated 2-unit property generates high income monthly, with the front unit as a high-demand short-term rental and the back unit occupied by a reliable long-term tenant. Recent upgrades in 2024 include a brand-new kitchen, new roof, modern LVP flooring, fresh walls, new windows, and a new HVAC system, ensuring low maintenance for years to come. With immediate cash flow, this property is a rare find. Don’t miss out—schedule your viewing today!Home is sold as-is but inspections are welcome for buyers peace of mind!
- Type:
- Cluster
- Sq.Ft.:
- 3,001
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1895
- Baths:
- MLS#:
- CA1032872
ADDITIONAL INFORMATION
INVESTMENT OPPORTUNITY!!!-Upper and lower of a fully remodeled 3 bedrooms/ 2-bathroom duplex. $2050 monthly gross income. Each unit is 3 bedrooms and 2 bathrooms. Unit 1 has hardwood floors and tile bathrooms. Unit 2 is second story with vinyl plank flooring and tile floors in the bathrooms. It also has a large deck. All plumbing has been updated to copper or PEX, plaster has been replaced with drywall. Separate meters. Tenants pay all the utilities. Owner takes care of all yardwork and snow removal.
- Type:
- Cluster
- Sq.Ft.:
- 2,150
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1905
- Baths:
- MLS#:
- CA1032851
ADDITIONAL INFORMATION
Discover 1429 W Washington St in Springfield, IL – a beautifully maintained duplex nestled in a prime location directly across from SHG. Built in 1905, this property showcases timeless character and thoughtful design with high ceilings and original hardwood floors throughout both units. The main floor features a spacious 2-bedroom, 1-bath layout, complete with a comfortable living room, a separate dining area, and a private laundry room for convenience. With tall ceilings and ample natural light, this unit feels airy and inviting. Upstairs, the second-floor unit offers a large 1-bedroom, 1-bath setup, ideal for those seeking charm with plenty of storage. It boasts generous closet space, original hardwood flooring, and a cozy atmosphere that tenants love. Both units are currently rented, making this property a fantastic investment opportunity or a potential owner-occupant option. Don’t miss your chance to own a piece of Springfield’s history in a location that offers both convenience and charm!
- Type:
- Cluster
- Sq.Ft.:
- 1,676
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- CA1032850
ADDITIONAL INFORMATION
Check out this a charming duplex built in 1900, offering spacious and comfortable living just minutes from downtown amenities. Each unit features a well-designed 1-bedroom, 1-bath layout with large rooms and abundant storage, creating a warm and inviting atmosphere for tenants. The upstairs unit is occupied by a long-term tenant, providing stable income, while the downstairs unit is vacant and ready for a new occupant, making this property an excellent investment for steady rental income. A shared carport adds convenience and protection for tenants, a rare perk in the area. With its prime location, classic architecture, and potential for immediate rental, 935 W Washington St is a fantastic opportunity for investors or owner-occupants alike. Don’t miss your chance to add this Springfield property to your portfolio!
- Type:
- Cluster
- Sq.Ft.:
- 2,277
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1945
- Baths:
- MLS#:
- CA1032213
ADDITIONAL INFORMATION
Here is an investor’s chance to own a unique multi-family investment property! A 2-story duplex and small house on the same parcel! Both units of the duplex are leased; main level for $925 and 2nd story for $750 with leases until 6/30/25. 825 Ruth is vacant but currently looking for a new tenant. The prospective rent is set at $945 but the marketing will be taken down with a signed purchase contract. The seller has put $25k in updates total in all 3 units, which includes new gutters and securing the crawlspace entry by installing a well for 825. All units have new outlets, thermostats, fixtures, toilets and some fresh paint. 202 has a new range and washer/dryer in the finished basement. 202.5 has a new range and refrigerator. 825 has a new range, refrigerator and washer/dryer. 202.5 has the capability for installing w/d hookups. 825 is basically all new; fresh paint and LVT throughout, outlets, fixtures, AC wall unit, kitchen counter, bathroom vanity and mirror. 202 has an attached 2 car garage, 202.5 and 825 have off-street parking. 202/202.5 has 1680 finished sf. and 825 has 597 sf. New roof for 202/202.5 in 2023 (garage roof is older). 825 was built in 1930 and 202 was built in 1945. Inspections are welcome but is being sold as is.
- Type:
- Cluster
- Sq.Ft.:
- 9,747
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1940
- Baths:
- MLS#:
- CA1032150
ADDITIONAL INFORMATION
Investor ALERT!! This 12 unit complex has seen substantial updates to many of the units, but there is still time to put your personal touch on it! 11 Two bedroom units, and 1 One bedroom unit make up this centrally located mature Charmer. Currently just three units vacant, yet they are in the process of cleanup before placing the next lucky tenant. Most units have seen upgrades, some with full kitchen replacements, bathrooms replacements, Luxury Vinyl Plank span most of the units, and you will find updated fixtures spread throughout as well. The Full, unfinished basement offers a great opportunity to produce additional monthly income after the revitalization an existing laundry room, or even with the addition of private tenant storage! This property has a great amount of value to be added and offers the potential to produce thousands of dollars more each month. Don't miss your chance to build additional equity!
$1,500,000
520 Illini Court Springfield, IL 62704
ADDITIONAL INFORMATION
COMING SOON! 20 unit townhome multi-family listing, offering 8 one bedroom units and 12 two bedroom units.
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.:
- 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.
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:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1960
- Baths:
- 4.00
- MLS#:
- 12142073
View additional info
Courtesy: Kinzie Brokerage LLC
847-383-6778
ADDITIONAL INFORMATION
Zoned R-5B. Purchased in 2022, this property has undergone a full gut renovation, including new central air A/C units, electrical, and plumbing systems. A new parking lot with asphalt has been added in the rear, providing 4 spaces. Both units offer 3 bedrooms, 2 full bathrooms, and feature new bathrooms with modern finishes. Note: Construction tools and equipment are not included in the sale. Property is being sold as-is. Please refer to the attached proforma for additional details.
- 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.
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
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
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Springfield Real Estate
The median home value in Springfield, IL is $182,500. This is higher than the county median home value of $145,900. The national median home value is $338,100. The average price of homes sold in Springfield, IL is $182,500. Approximately 55.91% of Springfield homes are owned, compared to 33.95% rented, while 10.14% 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 114,672. Springfield is less family-centric than the surrounding county with 21.63% of the households containing married families with children. The county average for households married with children is 25.59%.
The median household income in Springfield, Illinois is $57,596. The median household income for the surrounding county is $66,149 compared to the national median of $69,021. The median age of people living in Springfield is 39.7 years.
Springfield Weather
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 38.4 inches per year, with 17.7 inches of snow per year.