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524 E Ridgely Avenue , G, H, I, J, K &

Springfield, IL 62702
  • $250,000
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: CA1043636
UPDATED: 49 min ago
$250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1983
County:
Area:

School Information

Description

Great opportunity to own a 6 units just a couple blocks away from Lincoln Park. One building is a 4-plex and the other is a duplex. All fully occupied with a total gross monthly income of $3,850. New roof layover just installed in August 2024. New siding on the 4-plex. Tenant pays for all utilities. Owner pays for garbage expense.

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2026-06-15T09:44:50.687.
www.brysonsmithteam.com/homes/176341536
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524 E Ridgely Avenue , G, H, I, J, K & Springfield, IL 62702

  • Price: $250,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 49 min ago
  • ID#: CA1043636
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1983
Built
Neighborhood:
None
County:
Sangamon
Area:
Springfield
High School:
Springfield District #186
Property Description
Great opportunity to own a 6 units just a couple blocks away from Lincoln Park. One building is a 4-plex and the other is a duplex. All fully occupied with a total gross monthly income of $3,850. New roof layover just installed in August 2024. New siding on the 4-plex. Tenant pays for all utilities. Owner pays for garbage expense.
Exterior Features

Construction Materials Vinyl SidingWood Siding Parking Features Other Parking Total 6 Roof Shingle

Interior Features

Basement None Building Area Total 6000 Cooling Central Air Heating Forced Air Number Of Central Air Units 6 Number Of Electric Meters 6 Number Of Gas Meters 6 Number Of Heating Units 6 Number Of Ranges 6 Number Of Water Heaters 6 Numberof Refrigerators 6

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Gross Income 92400 Gross Scheduled Income 46200 Insurance Expense 1566 Lot Features LevelOther Lot Size Dimensions 66 x 130 x 75 Manager On Site YN No Net Operating Income 80919 New Construction YN No Number Of Water Meters 6 Operating Expense 4856 Repossessed No Structure Type One StoryOther Tax Annual Amount 6625 Tax Legal Description See tax records Tax Year 2026 Tenant Pays All Utilities Trash Expense 1860 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Jami Winchester of The Real Estate Group, Inc.: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2026-06-15T09:44:50.687.
 
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