• 2510 & 2518 W JEFFERSON ST, Springfield, IL 62702
    2510 & 2518 W JEFFERSON ST, Springfield, IL 62702
    2510 & 2518 W JEFFERSON ST, Springfield, IL 62702
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    Listed by Debra Sarsany • The Real Estate Group, Inc.
    $749,800
    Est. payment /mo
    6,180 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 6,180 sqft

    Price per Sqft $121

    MLS Listing ID CA1042098

    Annual Tax Amount $6,601

    Tax Year 2024

    Lot Size 6.600 Acres

    Acres 6.6

    Lot Dimensions 392x132x165x170x200

    Property Sub-Type Residential Income

    Source rmlsa

    Property Description

    Fully Occupied 10-Unit Investment Property on 6.5 Acres Excellent opportunity to own a 10-unit multifamily property located in the desirable Springfield High School District. This property consists of two 5-unit buildings (2510 & 2518 W Jefferson) and is fully rented with a total monthly income of $7,965. Tenants pay electric and gas. Owner pays water, sewer, trash, and mowing. Situated on 6.5 acres with R3 County zoning, the property offers future development potential. A duplex previously stood on the property and was lost to a fire many years ago, providing the opportunity to rebuild at least one additional multi-unit structure. There is also ample space for further expansion, subject to zoning and county approval. The property features a creek, wooded areas, and a gazebo, creating a peaceful setting for tenants while still being conveniently located.

    Location

    State IL

    County Sangamon

    Area Springfield

    Zoning R3

    Direction GPS

    Rooms

    Basement Finished

    Interior

    Heating Baseboard, Natural Gas, Wall Unit(s)

    Cooling Central Air

    Fireplace N

    Laundry Other

    Exterior

    View true

    Roof Type Shingle

    Street Surface Gravel

    Total Parking Spaces 30

    Garage 1

    Building

    Lot Description Creek, Other, Wooded

    Faces GPS

    Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"3\",\"RMA_NumberUncovered\":\"3\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1410508Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":950,\"RMA_NumberParking\":\"3\",\"RMA_NumberUncovered\":\"3\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1410508Group_2\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":950,\"RMA_NumberParking\":\"3\",\"RMA_NumberUncovered\":\"3\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1410508Group_3\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":955,\"RMA_NumberParking\":\"3\",\"RMA_NumberUncovered\":\"3\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1410508Group_4\"}]

    Foundation Poured Concrete

    Water Public Sewer, Public

    Structure Type Other

    New Construction false

    Schools

    High Schools Springfield

    Others

    Tax ID 1430203014


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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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