19478 SPRINGFIELD RD, Groveland, IL 61535
19478 SPRINGFIELD RD, Groveland, IL 61535
19478 SPRINGFIELD RD, Groveland, IL 61535
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Christina Landis

Christina Landis

+1(309) 339-5263
Listed by Tonya Crawford • R & R Realty
$569,000
Est. payment /mo
6,200 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,200 sqft

Price per Sqft $91

MLS Listing ID PA1257603

Year Built 1979

Annual Tax Amount $7,260

Tax Year 2024

Lot Size 0.440 Acres

Acres 0.44

Lot Dimensions 155x125

Property Sub-Type Commercial

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

Zoning comm

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

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Concrete, Tile

Fireplace N

Exterior

View true

Roof Type Composition Shingle

Total Parking Spaces 25

Garage 1

Building

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

Sewer Septic Tank

Structure Type Brick,Vinyl Siding,Wood Siding,Frame

Others

Tax ID 05-05-22-405-001

Security Features Yes

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Christina Landis

Christina Landis

+1(309) 339-5263

Broker | License ID: 475167884

Broker License ID: 475167884

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19478 SPRINGFIELD RD