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824 E Ridgely Avenue, Springfield, IL 62702

Springfield
Local realty services provided by:CENTURY 21 Signature Real Estate
824 E Ridgely Avenue,Springfield, IL 62702
$399,900
  • - Beds
  • - Baths
  • 2,752 sq. ft.
  • Multi-family
  • Active
Listed by: kyle killebrew
Office: the real estate group, inc.
MLS#:CA1043403
Source:IL_CAAR

Price summary

  • Price:$399,900
  • Price per sq. ft.:$145.31

About this home

This 4,500 Square Foot, Six unit apartment building offers an outstanding investment opportunity with a variety of recent upgrades. The building itself, has undergone significant updating, including a new roof and all new siding in 2021. All six units have been renovated. With updates like multiple new HVAC systems and water heaters. the sale also includes an additional parcel to the west, with the potential to rebuild another six-unit structure on the site where a previous building stood. Prospective buyers should explore grant programs that may support this rebuilding opportunity, adding further value to the property. This is an ideal opportunity for investors looking for a property with minimal initial maintenance and significant growth potential. "Professional photography was taken prior to units being occupied"

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Home facts

  • Year built:1993
  • Listing ID #:CA1043403
  • Added:1 day(s) ago
  • Updated:May 02, 2026 at 01:16 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Crawl Space
  • Living area:2,752 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:1993
  • Building area:2,752 sq. ft.
  • Construction Materials:Wood Siding

Schools

  • High school:Springfield District #186

Utilities

  • Water:Public

Finances and disclosures

  • Price:$399,900
  • Price per sq. ft.:$145.31
  • Tax amount:$7,159 (2025)

Parking

  • Total parking spaces:6
  • Parking description:Assigned

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