$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 9 months 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:
February 17, 2026 at 7:20AM
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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Location

Schools Nearby

M

Morton Academy

260 E Queenwood Rd, Morton, IL, 61550

Grades KG-12

3.68 miles away

M

Morton Academy

260 E Queenwood Rd, Morton, IL, 61550

Grades KG-12

3.68 miles away

M

Morton Academy

260 E Queenwood Rd, Morton, IL, 61550

Grades KG-12

3.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.