Pending

$599,900

2875 Taylor Ave, Springfield, IL 62703

8beds

4baths

8,646sqft

Est.:

Multi Family, Apartment

Built in 1983

-- sqft lot

$-- Zestimate^®

$69/sqft

$-- HOA

What's special

New balconiesWalk-in closets

Great investment opportunity! Well-maintained 8-unit apartment complex featuring all 2-bedroom, 1-bath units with walk-in closets. Property offers strong rental income in a convenient location just 10 minutes from the Medical District, with easy access to shopping, restaurants, and major interstates. Recent updates include include updated electrical, fresh paint, new balconies, new roof (2017), and new carpet in common areas (Nov 2025). Solid, income-producing asset with long-term upside.

123 days

33

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Electric, Forced Air

Cooling

Central Air

Appliances

Included: Dryer, Range, Refrigerator, Washer, Water Heater
Laundry: Common Area, Owned Equipment

Features

Basement: Crawl Space

Interior area

Total structure area: 8,646
Total interior livable area: 8,646 sqft

Property

Parking

Total spaces: 15
Parking features: Parking Pad
Has uncovered spaces: Yes

Lot

Size: 0.48 Acres
Features: Level

Details

Parcel number: 2211.0251009

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Vinyl Siding
Foundation: Block
Roof: Shingle

Condition

New construction: No
Year built: 1983

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Subdivision: None

Location

Region: Springfield

Financial & listing details

Price per square foot: $69/sqft
Annual tax amount: $9,222
Date on market: 11/24/2025
Cumulative days on market: 121 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
1/14/2026	Pending sale	$599,900$69/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA1040690 Report a problem
11/24/2025	Listing removed	$925
Source: Zillow Rentals Report a problem
11/24/2025	Listed for sale	$599,900+23.7%$69/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA1040690 Report a problem
11/3/2025	Listed for rent	$925-7%
Source: Zillow Rentals Report a problem
5/10/2025	Listing removed	$995
Source: Zillow Rentals Report a problem
5/7/2025	Listed for rent	$995
Source: Zillow Rentals Report a problem
4/30/2025	Sold	$485,000-3%$56/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA1034719 Report a problem
3/11/2025	Pending sale	$499,900$58/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA1034719 Report a problem
3/2/2025	Listed for sale	$499,900+104%$58/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA1034719 Report a problem
1/3/2018	Sold	$245,000-16.9%$28/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA175242 Report a problem
8/3/2017	Listed for sale	$294,900$34/sqft
Source: Re/Max Professionals #175242 Report a problem