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520 E South Grand Avenue, Springfield, IL 62703

Springfield
Local realty services provided by:CENTURY 21 Signature Real Estate
520 E South Grand Avenue,Springfield, IL 62703
$650,000
  • - Beds
  • - Baths
  • 7,692 sq. ft.
  • Multi-family
  • Active
Listed by: debra sarsany
Office: the real estate group, inc.
MLS#:CA1041155
Source:IL_CAAR

Price summary

  • Price:$650,000
  • Price per sq. ft.:$84.5

About this home

Listed under appraised value! This well-maintained 3-story historic brick apartment building is an amazing investment opportunity, featuring 12 fully furnished 1-bedroom units. Each apartment comes move-in ready with a complete furniture package including living room and bedroom sets, kitchen essentials, and flat-screen TVs—making it ideal for both long-term tenants and short-term rental opportunities. The property boasts a reliable boiler system providing consistent heat throughout the building, while each unit is equipped with a window A/C for comfort year-round. Newer windows and a roof replacement completed around 2016 ensure long-term durability and energy efficiency. Several apartments received recent upgrades in 2025, including new furnishings, refreshed bathroom vanities, modern cabinetry, updated appliances, and refinished tub/showers. With its combination of historic character, updated features, and turnkey furnished units, this building is a rare investment opportunity...

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Home facts

  • Year built:1931
  • Listing ID #:CA1041155
  • Added:185 day(s) ago
  • Updated:May 01, 2026 at 02:18 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full
  • Living area:7,692 sq. ft.

Heating and cooling

  • Heating:Hot Water, Wall Unit(s)

Structure and exterior

  • Year built:1931
  • Building area:7,692 sq. ft.
  • Construction Materials:Brick

Schools

  • High school:Springfield District #186

Utilities

  • Water:Public

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$84.5
  • Tax amount:$16,662 (2024)

Parking

  • Total parking spaces:12

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