6 unit apartment building fully occupied and generating $45,000 in annual rents. This conversion income property is in a central Springfield location close to downtown with direct access to all areas in town. These units each have their own entrances & parking and 1 side of the 2 car detached garage is currently rented to unit 1 for $100/month while the owner occupies the other side for storage. Owner pays for gas, water and 1 of 5 electric meters while 5 units are responsible for their own electric.
Sold
$240,000
545 S Douglas Ave, Springfield, IL 62704
4beds
4baths
3,900sqft
Multi Family
Built in 1924
-- sqft lot
$255,200 Zestimate®
$62/sqft
$1,321 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 17, 2022 at 12:01pm
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#: CA1019347
Originating MLS: Capital Area Association of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Baseboard, Electric, Natural Gas, Hot Water
Appliances
- Included: Electric Water Heater, Gas Water Heater, Dishwasher, Dryer, Range, Refrigerator, Washer, Water Heater
- Laundry: Other
Features
- Basement: Crawl Space,Partial
Interior area
- Total structure area: 3,900
- Total interior livable area: 3,900 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Detached, Garage, Parking Pad, Garage Door Opener
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Other Bath Modifications, Accessible Doors, Accessible Hallway(s)
Lot
- Size: 9,000 sqft
- Dimensions: 125 x 72
- Features: Corner Lot, Level
Details
- Parcel number: 1433.0152019
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Steel Siding, Stucco
- Roof: Rubber
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Springfield
- Subdivision: None
Other
Other facts
- Road surface type: Paved
Services availability

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