• 19478 SPRINGFIELD RD, Groveland, IL 61535
    19478 SPRINGFIELD RD, Groveland, IL 61535
    19478 SPRINGFIELD RD, Groveland, IL 61535
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    Listed by Tonya Crawford • R & R Realty
    $569,000
    Est. payment /mo
    6,200 SqFt
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    UPDATED:

    Key Details

    Property Type Single Family Home, Multi-Family

    Sub Type Residential Income

    Listing Status Active

    Purchase Type For Sale

    Square Footage 6,200 sqft

    Price per Sqft $91

    Subdivision Pine Hill

    MLS Listing ID PA1257871

    Year Built 1979

    Annual Tax Amount $7,260

    Tax Year 2024

    Lot Dimensions .44

    Property Sub-Type Residential Income

    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

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

    Rooms

    Basement None

    Interior

    Heating Forced Air

    Cooling Zoned, Central Air

    Fireplace N

    Laundry Common Area

    Exterior

    View true

    Roof Type Shingle

    Street Surface Paved

    Total Parking Spaces 25

    Garage 1

    Building

    Lot Description Level

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

    Unit Features [{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1388277Group_1\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":800,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1388277Group_2\"},{\"UnitTypeBedsTotal\":0,\"UnitTypeType\":\"Unit 3\",\"RMA_HalfBaths\":\"1\",\"UnitTypeActualRent\":840,\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1388277Group_3\"},{\"UnitTypeBedsTotal\":0,\"UnitTypeType\":\"Unit 4\",\"RMA_HalfBaths\":\"2\",\"UnitTypeActualRent\":1800,\"UnitTypeKey\":\"RMA1388277Group_4\"}]

    Foundation Slab

    Water Public Sewer, Public

    Structure Type Brick Partial,Wood Siding

    New Construction false

    Schools

    High Schools Morton

    Others

    Tax ID 05-05-22-405-001


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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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