2510 & 2518 W JEFFERSON ST, Springfield, IL 62702
2510 & 2518 W JEFFERSON ST, Springfield, IL 62702
2510 & 2518 W JEFFERSON ST, Springfield, IL 62702
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Janet Arns

Janet Arns

+1(217) 617-0751
Listed by Debra Sarsany • The Real Estate Group, Inc.
$749,800
Est. payment /mo
6,180 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 6,180 sqft

Price per Sqft $121

MLS Listing ID CA1042098

Annual Tax Amount $6,601

Tax Year 2024

Lot Size 6.600 Acres

Acres 6.6

Lot Dimensions 392x132x165x170x200

Property Sub-Type Residential Income

Source rmlsa

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.

Location

State IL

County Sangamon

Area Springfield

Zoning R3

Direction GPS

Rooms

Basement Finished

Interior

Heating Baseboard, Natural Gas, Wall Unit(s)

Cooling Central Air

Fireplace N

Laundry Other

Exterior

View true

Roof Type Shingle

Street Surface Gravel

Total Parking Spaces 30

Garage 1

Building

Lot Description Creek, Other, Wooded

Faces GPS

Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"3\",\"RMA_NumberUncovered\":\"3\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1410508Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":950,\"RMA_NumberParking\":\"3\",\"RMA_NumberUncovered\":\"3\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1410508Group_2\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":950,\"RMA_NumberParking\":\"3\",\"RMA_NumberUncovered\":\"3\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1410508Group_3\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":955,\"RMA_NumberParking\":\"3\",\"RMA_NumberUncovered\":\"3\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1410508Group_4\"}]

Foundation Poured Concrete

Water Public Sewer, Public

Structure Type Other

New Construction false

Schools

High Schools Springfield

Others

Tax ID 1430203014

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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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