824 E Ridgely AVE, Springfield, IL 62702
824 E Ridgely AVE, Springfield, IL 62702
824 E Ridgely AVE, Springfield, IL 62702
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Janet Arns

Janet Arns

+1(217) 617-0751
Listed by KyleT Killebrew • The Real Estate Group, Inc.
$379,900
Est. payment /mo
2,752 SqFt
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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Pending

Purchase Type For Sale

Square Footage 2,752 sqft

Price per Sqft $138

MLS Listing ID CA1043403

Maintenance Fees $2,500

Year Built 1993

Annual Tax Amount $7,159

Tax Year 2025

Lot Dimensions 150 x 61

Property Sub-Type Residential Income

Source rmlsa

Property Description

This 4,500 Square Foot, Six unit apartment building offers an outstanding investment opportunity with a variety of recent upgrades. The building itself, has undergone significant updating, including a new roof and all new siding in 2021. All six units have been renovated. With updates like multiple new HVAC systems and water heaters. the sale also includes an additional parcel to the west, with the potential to rebuild another six-unit structure on the site where a previous building stood. Prospective buyers should explore grant programs that may support this rebuilding opportunity, adding further value to the property. This is an ideal opportunity for investors looking for a property with minimal initial maintenance and significant growth potential. "Professional photography was taken prior to units being occupied"

Location

State IL

County Sangamon

Area Springfield

Direction From North 9th St to W on Ridgely

Rooms

Basement Crawl Space

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace N

Laundry None

Exterior

View true

Roof Type Shingle

Street Surface Paved

Total Parking Spaces 6

Garage 1

Building

Lot Description Level

Faces From North 9th St to W on Ridgely

Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":875,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1413359Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":875,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1413359Group_2\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":875,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1413359Group_3\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":875,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1413359Group_4\"}]

Water Public Sewer, Public

Structure Type Wood Siding

New Construction false

Schools

High Schools Springfield District #186

Others

Tax ID 14-22.0-401-019

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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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