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    19478 SPRINGFIELD RD, Groveland, IL 61535
    19478 SPRINGFIELD RD, Groveland, IL 61535
    19478 SPRINGFIELD RD, Groveland, IL 61535
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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353
    Listed by Tonya Crawford • R & R Realty
    $569,000
    Est. payment /mo
    6,200 SqFt
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    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 6,200 sqft

    Price per Sqft $91

    MLS Listing ID PA1257603

    Year Built 1979

    Annual Tax Amount $7,260

    Tax Year 2024

    Lot Size 0.440 Acres

    Acres 0.44

    Lot Dimensions 155x125

    Property Sub-Type Commercial

    Source rmlsa

    Property Description

    Fully occupied and newly remodeled mixed-use building featuring 2 residential apartments and 3 commercial units. Long term tenants and long-term leases with a strong 9.07% cap rate and minimal landlord responsibilities. In place NOI of $51,216, and gross income of $62,556. Ideal for investors seeking stable cash flow and turn key property.

    Location

    State IL

    County Tazewell

    Area Paar Area

    Zoning comm

    Direction Springfield Road to Groveland to 4 way stop signs - sits on corner.

    Interior

    Heating Forced Air, Natural Gas

    Cooling Central Air

    Flooring Carpet, Concrete, Tile

    Fireplace N

    Exterior

    View true

    Roof Type Composition Shingle

    Total Parking Spaces 25

    Garage 1

    Building

    Faces Springfield Road to Groveland to 4 way stop signs - sits on corner.

    Sewer Septic Tank

    Structure Type Brick,Vinyl Siding,Wood Siding,Frame

    Others

    Tax ID 05-05-22-405-001

    Security Features Yes

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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353

    Broker | License ID: 475.141177

    Broker License ID: 475.141177

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