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Back to search Home Countries United States Springfield 526 South Grand Ave W, Springfield, IL, 62704
$119,000

526 South Grand Ave W, Springfield, IL, 62704

526 South Grand Ave W, Springfield, IL, 62704
6 beds 2 baths multi family

About this home

Multi Family in Springfield, IL - Bedrooms: 6 - Bathrooms: 2 - Area: N/A - Year Built: 1973 - Lot: N/A

Listing Agent: Jerry George Brokerage: The Real Estate Group Inc.

Great mixed used income potential property with excellent visibility on the South Grand Ave. a house east from Walnut, the property provides the ideal combination or commercial and residential space, perfect for an investor owner occupied with his/her own business or lease out both units. The front unit has two bedrooms with one full bathroom, leased for $950. The back unit has three office rooms, conference room, reception area and break room with one full bathroom, it was used as a doctors office & massage shop before, comes with a one car attached garage, it can be easily converted to a three bedroom apartment. The property has 1920 SF, full basement with a full bathroom used currently by the property owner. Selling as-is, property is broker owned.

Property facts

Property type
multi family
Bedrooms
6
Bathrooms
2
Days on market
111 days

Features & amenities

Features & finishes
Bedrooms: 6
Laundry Features: Private
Basement Features: Full
Cooling Features: Central Air
Heating Features: Electric
Forced Air
Natural Gas
Hot Water
Gas Water Heater
Heating: Yes
Full Bathrooms: 2
Lot Description: Level
Lot Size Dimensions: 160x44
Road Surface Type: Alley Paved
Parking Features: Attached
Parking Total: 6
Elementary School: Butler
High School: Springfield District #186
Middle School: Benjamin Franklin
Gross Income: 27000
Gross Scheduled Income: 27000
Tenant Pays: All Utilities
Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 4
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit 1 Total Actual Rent: 950
Unit 2 Total Actual Rent: 1300
Maintenance Expense: 2500
Annual Tax Amount: 2101
Source Listing Status: Active
County: Sangamon
Directions: PROPERTY BETWEEN WALNUT AND SOUTH GRAND
PARKING LOT ENTRY S LOWELL
Tax Year: 2025
Source Property Type: Residentia

Location

Approximate location · exact address shared on inquiry

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Contact agent
TR
The Real Estate Group Inc.
The Real Estate Group Inc.
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