Opportunity knocks with this mostly leased income property featuring four well-maintained 2-bedroom, 1-bath units—each offering a designated parking space & shared laundry access. Two of the four units have been recently renovated with quality, newer finishes & details making this a great mix of current cash flow & future upside. There is currently one vacant unit available for showings, providing a glimpse into the functionality & layout offered in each space. With strong rental appeal & practical updates already in place, this 4-unit property is a smart addition to any income driven rental portfolio.
Pending
$279,900
2301 W Lawrence Ave, Springfield, IL 62704
8beds
4baths
3,600sqft
Est.:
Multi Family, Apartment
Built in 1961
-- sqft lot
$271,700 Zestimate®
$78/sqft
$-- HOA
What's special
Newer finishesDesignated parking spaceShared laundry access
- 4 days
- on Zillow |
- 850 |
- 49 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: 15 hours ago
Listed by:
Kyle T Killebrew Mobl:217-741-4040,
The Real Estate Group, Inc.
Source: RMLS Alliance,MLS#: CA1035886
Originating MLS: Capital Area Association of Realtors


Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Heater
- Laundry: Common Area
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 3,600
- Total interior livable area: 3,600 sqft
Property
Parking
- Total spaces: 5
- Parking features: Assigned
Lot
- Size: 10,350 Square Feet
- Dimensions: 115 x 90
- Features: Level
Details
- Parcel number: 1431.0280005
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
- Roof: Shingle
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $78/sqft
- Tax assessed value: $224,844
- Annual tax amount: $6,626
- Date on market: 4/22/2025
- Lease term: Variable
- Tenant pays: Electricity
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