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.
Property Type(s):
Residential Income
|
Last Updated
|
4/20/2026
|
Tract
|
None
|
|
Year Built
|
0
|
Community
|
Springfield
|
|
County
|
Sangamon
|
SCHOOLS
Price History
|
Prior to Apr 20, '26
|
$799,800 |
| Apr 20, '26 - Today |
$749,800 |
Additional Details
| AIR |
Central Air, Wall Unit(s), Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Dryer, Range, Refrigerator, Water Heater |
| AREA |
Springfield |
| BASEMENT |
Finished, Yes |
| CONSTRUCTION |
Other |
| HEAT |
Baseboard, Natural Gas |
| HOA DUES |
Monthly |
| LOT |
6.6 acre(s) |
| LOT DESCRIPTION |
Other, Wooded |
| LOT DIMENSIONS |
392x132x165x170x200 |
| PARKING |
Parking Pad |
| SEWER |
Public Sewer |
| SUBDIVISION |
None |
| TAXES |
6601 |
| WATER |
Public |
| WATERFRONT DESCRIPTION |
Creek |
Listing provided by Debra Sarsany, The Real Estate Group, Inc., Mobl: 217-313-0580
Listings courtesy of RMLS Alliance as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/2/26 6:46 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS.
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This IDX solution is (c) Diverse Solutions 2026.
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