• 824 E Ridgely AVE, Springfield, IL 62702
    824 E Ridgely AVE, Springfield, IL 62702
    824 E Ridgely AVE, Springfield, IL 62702
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    Listed by KyleT Killebrew • The Real Estate Group, Inc.
    $379,900
    Est. payment /mo
    2,752 SqFt
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    UPDATED:

    Key Details

    Property Type Single Family Home, Multi-Family

    Sub Type Residential Income

    Listing Status Pending

    Purchase Type For Sale

    Square Footage 2,752 sqft

    Price per Sqft $138

    MLS Listing ID CA1043403

    Maintenance Fees $2,500

    Year Built 1993

    Annual Tax Amount $7,159

    Tax Year 2025

    Lot Dimensions 150 x 61

    Property Sub-Type Residential Income

    Source rmlsa

    Property Description

    This 4,500 Square Foot, Six unit apartment building offers an outstanding investment opportunity with a variety of recent upgrades. The building itself, has undergone significant updating, including a new roof and all new siding in 2021. All six units have been renovated. With updates like multiple new HVAC systems and water heaters. the sale also includes an additional parcel to the west, with the potential to rebuild another six-unit structure on the site where a previous building stood. Prospective buyers should explore grant programs that may support this rebuilding opportunity, adding further value to the property. This is an ideal opportunity for investors looking for a property with minimal initial maintenance and significant growth potential. "Professional photography was taken prior to units being occupied"

    Location

    State IL

    County Sangamon

    Area Springfield

    Direction From North 9th St to W on Ridgely

    Rooms

    Basement Crawl Space

    Interior

    Heating Forced Air, Natural Gas

    Cooling Central Air

    Fireplace N

    Laundry None

    Exterior

    View true

    Roof Type Shingle

    Street Surface Paved

    Total Parking Spaces 6

    Garage 1

    Building

    Lot Description Level

    Faces From North 9th St to W on Ridgely

    Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":875,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1413359Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":875,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1413359Group_2\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":875,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1413359Group_3\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":875,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1413359Group_4\"}]

    Water Public Sewer, Public

    Structure Type Wood Siding

    New Construction false

    Schools

    High Schools Springfield District #186

    Others

    Tax ID 14-22.0-401-019


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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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