19478 SPRINGFIELD RD, Groveland, IL 61535
19478 SPRINGFIELD RD, Groveland, IL 61535
19478 SPRINGFIELD RD, Groveland, IL 61535
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Listed by Tonya Crawford • R & R Realty
$569,000
Est. payment /mo
6,200 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 6,200 sqft

Price per Sqft $91

Subdivision Pine Hill

MLS Listing ID PA1257871

Year Built 1979

Annual Tax Amount $7,260

Tax Year 2024

Lot Dimensions .44

Property Sub-Type Residential Income

Source rmlsa

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.

Location

State IL

County Tazewell

Area Paar Area

Direction Springfield Road to Groveland to 4 way stop signs - sits on corner.

Rooms

Basement None

Interior

Heating Forced Air

Cooling Zoned, Central Air

Fireplace N

Laundry Common Area

Exterior

View true

Roof Type Shingle

Street Surface Paved

Total Parking Spaces 25

Garage 1

Building

Lot Description Level

Faces Springfield Road to Groveland to 4 way stop signs - sits on corner.

Unit Features [{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1388277Group_1\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":800,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1388277Group_2\"},{\"UnitTypeBedsTotal\":0,\"UnitTypeType\":\"Unit 3\",\"RMA_HalfBaths\":\"1\",\"UnitTypeActualRent\":840,\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1388277Group_3\"},{\"UnitTypeBedsTotal\":0,\"UnitTypeType\":\"Unit 4\",\"RMA_HalfBaths\":\"2\",\"UnitTypeActualRent\":1800,\"UnitTypeKey\":\"RMA1388277Group_4\"}]

Foundation Slab

Water Public Sewer, Public

Structure Type Brick Partial,Wood Siding

New Construction false

Schools

High Schools Morton

Others

Tax ID 05-05-22-405-001


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Janet Arns

Janet Arns

+1(217) 617-0751

Broker | License ID: 475 130570

Broker License ID: 475 130570

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