$799,800

2510 & 2518 W JEFFERSON Street, Springfield, IL 62702

  • 6,180 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon6.6acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $129/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Data Last Updated:
April 6, 2026 at 12:17AM
Listing Office:
The Real Estate Group, Inc. : 217-787-7000
Listing Agent:
Debra Sarsany : 217-313-0580
MLS ID:
CA1042098
  • Laundry: Other
  • Basement: Finished
  • A/C: Central Air
  • Heating: BaseboardNatural GasWall Unit(s)
  • Parking: Parking PadParking spaces: 30
  • Roofing: Shingle
  • General: Poured Concrete
  • Road/Access: Gravel
  • Originating MLS: rmlsa
  • County: Sangamon
  • Zoning: R3PT S OF RD OF CREEK IN W 1/2 NE 1/4 30-16-51430203014
  • Water: Public SewerPublic
  • Source: rmlsa

This listing courtesy of Debra Sarsany , The Real Estate Group, Inc.

Monthly Payment

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

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Location

Schools Nearby

J

Jane Addams Elementary School

10 Babiak Ln, Springfield, IL, 62702

Grades KG-5

0.77 miles away

U

U S Grant Middle School

1800 W Monroe St, Springfield, IL, 62704

Grades 6-8

1.35 miles away

S

Springfield High School

101 S Lewis St, Springfield, IL, 62704

Grades 9-12

2.25 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.