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19478 Springfield Road, Groveland, IL 61535

Groveland
Local realty services provided by:CENTURY 21 House of Realty, Inc.
19478 Springfield Road,Groveland, IL 61535
$565,000
  • - Beds
  • - Baths
  • 6,200 sq. ft.
  • Multi-family
  • Active
Listed by: tonya crawford
Office: r & r realty
MLS#:PA1257871
Source:IL_CAAR

Price summary

  • Price:$565,000
  • Price per sq. ft.:$91.13

About this home

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.

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Home facts

  • Year built:1979
  • Subdivision & Development:Pine Hill
  • Listing ID #:PA1257871
  • Added:442 day(s) ago
  • Updated:July 30, 2026 at 02:19 PM

Rooms and interior

  • Basement:Yes
  • Living area:6,200 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1979
  • Building area:6,200 sq. ft.
  • Construction Materials:Brick Partial, Wood Siding
  • Foundation Description:Slab

Schools

  • High school:Morton

Utilities

  • Water:Public

Finances and disclosures

  • Price:$565,000
  • Price per sq. ft.:$91.13
  • Tax amount:$7,260 (2024)

Parking

  • Total parking spaces:25
  • Parking description:Parking Pad

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