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Pending
  • $1,900,000

    3100 Butler St #1833, Springfield, IL 62703

    4beds
    2baths
    36,828sqft
    : 
    Multi Family, Apartment
    Built in 1978
    -- sqft lot
    $1,270,200 Zestimate®
    $52/sqft
    $-- HOA

    What's special

    Don’t miss this rare opportunity to own a turnkey 36-unit multifamily property located in Springfield’s desirable south end. This well-maintained complex offers a strong rental history with 95% occupancy of two bed 1 bath units making it ideal for long-term stability and consistent income. Recent capital improvements, on-site parking, and professional management in place provide ease of ownership for investors. The property sits in a high-demand rental corridor, close to major employers, shopping, dining, and transportation routes. With market rents and low vacancy, this asset is positioned for immediate returns and future upside potential. Showings require 24 hour notice and the listing agent present.
    292 days
    |
    6
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: September 17, 2025 at 01:01pm

    Listed by:

    Richard Wiese 217-415-5445,

    Wiese Properties Powered By Keller Williams

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1037328MLS LogoOriginating MLS: Capital Area Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Electric Water Heater, Water Heater
      Features
      • Basement: None
      Interior area
      • Total structure area: 36,828
      • Total interior livable area: 36,828 sqft

      Property

      Parking
      • Total spaces: 50
      Lot
      • Size: 2 Acres
      • Dimensions: 78,271
      • Features: Level
      Details
      • Parcel number: 2211.0329020

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Apartment
      Materials
      • Vinyl Siding
      • Roof: Rubber
      Condition
      • New construction: No
      • Year built: 1978

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Springfield
      Location
      • Region: Springfield

      Financial & listing details

      • Price per square foot: $52/sqft
      • Annual tax amount: $38,000
      • Date on market: 6/20/2025
      • Cumulative days on market: 291 days
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        Estimated market value

        $1,270,200

        $927,000 - $1.74M

        $1,486/mo

        Price history

        Price history
        DateEventPrice
        9/15/2025Pending sale$1,900,000$52/sqft
        Source: RMLS Alliance as distributed by MLS GRID #CA1037328 Report a problem
        7/17/2025Price change$1,900,000-18.8%$52/sqft
        Source: RMLS Alliance as distributed by MLS GRID #CA1037328 Report a problem
        6/20/2025Listed for sale$2,340,000$64/sqft
        Source: RMLS Alliance as distributed by MLS GRID #CA1037328 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        Monthly payment

        Est. payment
        $12,933/mo
        Principal & interest
        $9798
        Property taxes
        $3135
        More affordability tools

          Climate risks

          Neighborhood: 62703

          Getting around

          50 / 100
          Car-Dependent
          30 / 100
          Some Transit
          45 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 62703