2 Level apartment building with Eight (8) 2BR/1BA units. High-income potential with MTM leases, allowing immediate value-add opportunities. This well-maintained building features new windows with lifetime warranties, new balconies, a newer roof, and a new coin-op dryer. Four units have been remodeled, and each unit includes a spacious primary bedroom with a walk-in closet. Prime central location, just 5 minutes from Lake Springfield and 10 minutes from the medical district, with easy access to shopping, restaurants, and major interstates—a major draw for commuters and remote workers alike. Strong rental demand keeps occupancy high, making this a stable and profitable investment. Mom-and-pop owned and meticulously maintained. Don’t miss this rare find—call today!
Sold for $485,000 on 04/30/25
$485,000
2875 Taylor Ave, Springfield, IL 62703
8beds
4baths
8,646sqft
Multi Family, Apartment
Built in 1983
-- sqft lot
$488,100 Zestimate®
$56/sqft
$1,147 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 01, 2025 at 01:01pm
Listed by:
Kyle T Killebrew Mobl:217-741-4040,
The Real Estate Group, Inc.
Bought with:
Kyle T Killebrew
The Real Estate Group, Inc.
Source: RMLS Alliance,MLS#: CA1034719
Originating MLS: Capital Area Association of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Range, Refrigerator, Washer, Water Heater
- Laundry: Common Area, Owned Equipment
Features
- Basement: Crawl Space
Interior area
- Total structure area: 8,646
- Total interior livable area: 8,646 sqft
Property
Parking
- Total spaces: 17
Lot
- Size: 0.48 Acres
- Features: Level
Details
- Parcel number: 22110251009
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Springfield
- Subdivision: None
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.