$569,000

19478 SPRINGFIELD Road, Groveland, IL 61535

  • 6,200 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1979
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $92/sqft
  • Property List Date Icon Listed 1 year ago

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.

Listing Status:
Active
Data Last Updated:
May 25, 2026 at 6:19AM
Listing Office:
R & R Realty : 309-696-7628
Listing Agent:
Tonya Crawford : 309-696-7628
MLS ID:
PA1257871
  • Laundry: Common Area
  • Basement: None
  • A/C: ZonedCentral Air
  • Heating: Forced Air
  • Parking: Parking PadParking spaces: 25
  • Roofing: Shingle
  • General: Slab
  • Road/Access: Paved
  • Originating MLS: rmlsa
  • County: Tazewell
  • Zoning: SEC 22 T25N R4W PINE HILL SUBD EXT 1 LOT 1 SE 1/405-05-22-405-001
  • Water: Public SewerPublic
  • Source: rmlsa

This listing courtesy of Tonya Crawford , R & R Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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