19478 Springfield Rd, Groveland, IL, 61535
2beds
5baths
6,200sqft
$569,000
$92price/sqft
$4,559/moest. monthly cost
$182,360/yrincome needed
About This Home
Fully occupied and newly remodeled mixed-use building featuring 2 residential apartments and 3 commercial units. Long term tenants and long-term leases with a strong 9.07% cap rate and minimal landlord responsibilities. In place NOI of $51,216, and gross income of $62,556. Ideal for investors seeking stable cash flow and turn key property.
Getting Around
12
Car-Dependent0
Very Limited Transit28
Somewhat BikeableSchools
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Construction
Condition
- Year built: 1979
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Brick Partial,Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dryer,Range,Refrigerator,Washer,Water Heater
- Laundry features: Common Area
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 5
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Zoned,Central Air,Central Air
Interior Area
- Total structure area: 6,200
- Total interior livable area: 6,200 sqft
Property
Details
- Parcel number: 050522405001
Lot
- Lot size: 0.44 Acres
- Features: Level
- Lot size dimensions: .44
Parking
- Total spaces: 25
- Parking features: Parking Pad
- Has uncovered spaces: Yes