843 S Glenwood Ave - Apartments FOR SALE


Springfield, IL 62704
$164,900 USD
217-971-7215
843 S Glenwood Ave, Springfield, IL for Sale
$164,900 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

843 S Glenwood Ave
Springfield, IL 62704


HIGHLIGHTS

  • Duplex configuration with two residential units
  • Located within Springfield's Historic West Side neighborhood
  • A few blocks from Washington Park and its recreational amenities
  • Each unit contains two bedrooms and one full bathroom

OVERVIEW

West Side neighborhood. The property consists of two residential units, each configured with two bedrooms and one bathroom, creating flexibility for investors seeking rental income or owner-occupants interested in offsetting housing costs through additional revenue. A detached garage provides off-street parking and storage, while the property's corner-lot positioning enhances accessibility and visibility within the neighborhood. The location places residents within a short distance of Washington Park, one of Springfield's most recognized public amenities, offering walking trails, open green space, and recreational opportunities. The surrounding area features a mix of established residential housing, neighborhood services, and convenient access to downtown Springfield, the Illinois State Capitol complex, and major employment centers throughout the city. Connectivity to South Grand Avenue, MacArthur Boulevard, and other primary corridors supports access across the Springfield metro area. Built in 1900, the property benefits from an established neighborhood setting and a housing configuration that remains in demand among renters seeking traditional residential accommodations. The combination of a two-unit layout, detached garage, and proximity to local amenities creates a straightforward investment opportunity in a well-known Springfield residential district

FOR SALE DETAILS

PRICE

$164,900 USD

PRICE/SF

$76 USD /SF

# OF UNITS

2

PRICE/UNIT

$82,450

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

-

APN/PARCEL ID

14-33.0-327-032

ASK ABOUT THIS PROPERTY

Barbara EndzelisRE/MAX Professionals SpringfieldMore Info
217-971-7215

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Barbara EndzelisRE/MAX Professionals SpringfieldMore Info
217-971-7215

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.