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612 W South Grand Avenue, Springfield, IL 62704

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For Sale

$150,000

3,807 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $39.40
    Price per square foot

Explore this Property

Full of character, charm, and income potential, this near west side property is ideally located just off the intersection of South Grand and Walnut. Perfect for an investor or owner-occupant seeking a mixed-use opportunity with multiple revenue streams, this property offers a combination of commercial and residential space with off-street parking and numerous updates. The main level has served as a successful hair and nail studio for over 30 years, providing excellent visibility and potential for continued commercial use or conversion to other business types. The upper levels feature two additional apartments, while the finished basement space provides further income potential. With 14 off-street parking spaces, the property easily accommodates tenants, customers, or staff. The building's historic character is evident throughout, from its architectural details to the appealing floor plan. Recent improvements include a roof installed less than 10 years ago, replaced sewer lines, many newer windows, and a newer A/C system. The second and third- floor apartments pay their own electric and supplement the building's A/C with window units. An exterior fire stair on the east side provides access to the third floor. Current rents are as follows: Basement $500, 2nd floor $850, and 3rd floor $590, with projected potential of 1st floor $1,200, basement $650 2nd floor $1,100, and 3rd floor $800, offering solid upside for future investors.
MLS# CA1040497

Courtesy Of RMP of Springfield,LLC dba Remax Professionals

(217) 787-7215

Property Features

  • Architecture Style
    Other
  • Exterior Type
    Aluminum Siding
  • Heating System
    Forced Air

Map and Directions

Directions to 612 W South Grand Avenue, Springfield, IL 62704

Home seller CENTURY 21 Real Estate Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Real Estate Associates

(217) 789-7200
Learn More About Us

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.