For sale

Price cut: $10.1K (10/15)

$859,900

2309 W Lawrence Ave, Springfield, IL 62704

8beds

4baths

10,800sqft

Est.:

Multi Family, Apartment

Built in 1980

-- sqft lot

$827,800 Zestimate^®

$80/sqft

$-- HOA

What's special

Fresh paintNew hvac systemsSpacious unitsNew flooringUpdated appliances

Well-Maintained 12-Unit Apartment Complex – Excellent Westside Location!This all-brick, 12-unit apartment complex features two buildings, each with 6 spacious units, close to restaurants, offices, and shopping.The property has been well cared for and thoughtfully updated over the years. Recent improvements include:Several new HVAC systems.New flooring and fresh paint in turnover units.Updated appliances in select units.A new sump pump installed in the basementApproximately 8–10 units have been updated during tenant turnover. This is a turnkey investment offering immediate cash flow in a strong rental market. Don’t miss this opportunity!

202 days

449

20

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Water Heater

Features

Basement: Unfinished

Interior area

Total structure area: 10,800
Total interior livable area: 10,800 sqft

Property

Parking

Total spaces: 12

Lot

Size: 10,800 Square Feet
Dimensions: 10800
Features: Other

Details

Parcel number: 1431.0280018

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Brick
Roof: Shingle

Condition

New construction: No
Year built: 1980

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: None

Location

Region: Springfield

Financial & listing details

Price per square foot: $80/sqft
Annual tax amount: $17,672
Date on market: 5/27/2025
Cumulative days on market: 202 days

Estimated market value

$827,800

$786,000 - $869,000

$1,479/mo

Price history

Date	Event	Price
10/15/2025	Price change	$859,900-1.2%$80/sqft
Source: RMLS Alliance #CA1036697 Report a problem
9/7/2025	Price change	$870,000-2.2%$81/sqft
Source: RMLS Alliance #CA1036697 Report a problem
8/11/2025	Price change	$890,000-4.8%$82/sqft
Source: RMLS Alliance #CA1036697 Report a problem
6/19/2025	Price change	$935,000-1.6%$87/sqft
Source: RMLS Alliance #CA1036697 Report a problem
5/27/2025	Listed for sale	$950,000+55.7%$88/sqft
Source: RMLS Alliance #CA1036697 Report a problem