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Pending
  • $499,900

    2875 Taylor Ave, Springfield, IL 62703

    8beds
    4baths
    8,646sqft
    : 
    Multi Family, Apartment
    Built in 1983
    -- sqft lot
    $488,500 Zestimate®
    $58/sqft
    $-- HOA

    What's special

    New balconiesNewer roof
    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!
    56 days
    on Zillow
    |
    18
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 12, 2025 at 01:01pm

    Listed by:

    Kyle T Killebrew Mobl:217-741-4040,

    The Real Estate Group, Inc.

    Source: RMLS Alliance,MLS#: CA1034719MLS LogoOriginating 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: 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
    Video & virtual tour

    Property

    Parking
    • Total spaces: 17
    • Parking features: Guest
    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 & HOA

    Community
    • Subdivision: None
    Location
    • Region: Springfield

    Financial & listing details

    • Price per square foot: $58/sqft
    • Annual tax amount: $8,867
    • Date on market: 3/2/2025
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