2510 & 2518 W JEFFERSON St, Springfield, IL 62702

Sqft
6,180

Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.

Listed byThe Real Estate Group, Inc.
  • 0
  • 0

Overview

Fully Occupied 10-Unit Investment Property on 6.5 Acres Excellent opportunity to own a 10-unit multifamily property located in the desirable Springfield High School District. This property consists of two 5-unit buildings (2510 & 2518 W Jefferson) and is fully rented with a total monthly income of $7,965. Tenants pay electric and gas. Owner pays water, sewer, trash, and mowing. Situated on 6.5 acres with R3 County zoning, the property offers future development potential. A duplex previously stood on the property and was lost to a fire many years ago, providing the opportunity to rebuild at least one additional multi-unit structure. There is also ample space for further expansion, subject to zoning and county approval. The property features a creek, wooded areas, and a gazebo, creating a peaceful setting for tenants while still being conveniently located.

Location

Full feature list

Basic info

Property type
Other residential
Square feet
6,180
Lot size (acres)
6.60

Interior features

Basement
Yes, Finished
Laundry
Other

Exterior features

Waterfront
Creek

Utilities

Heating
Baseboard, Natural Gas
Cooling
Central Air, Wall Units, Window Units
Sewer
Public Sewer
Water
Public Water

Estimated monthly costs

Insurance
$484

Taxes

Tax Annual Amount (2024)
$6,601

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: RMLS Alliance MLS®#: CA1042098 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.