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2510 & 2518 W Jefferson Street, Springfield, IL 62702

Springfield
Local realty services provided by:CENTURY 21 Signature Real Estate
2510 & 2518 W Jefferson Street,Springfield, IL 62702
$749,800
  • - Beds
  • - Baths
  • 6,180 sq. ft.
  • Multi-family
  • Active
Listed by: debra sarsany
Office: the real estate group, inc.
MLS#:CA1042098
Source:IL_CAAR

Price summary

  • Price:$749,800
  • Price per sq. ft.:$121.33

About this home

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.

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Home facts

  • Subdivision & Development:None
  • Listing ID #:CA1042098
  • Added:148 day(s) ago
  • Updated:July 31, 2026 at 02:03 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Finished
  • Living area:6,180 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Baseboard, Wall Unit(s)
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Building area:6,180 sq. ft.
  • Lot area:6.6 Acres
  • Foundation Description:Poured Concrete

Schools

  • High school:Springfield

Utilities

  • Water:Public

Finances and disclosures

  • Price:$749,800
  • Price per sq. ft.:$121.33
  • Tax amount:$6,601 (2024)

Parking

  • Total parking spaces:30
  • Parking description:Parking Pad

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