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.
Sold for $575,000
$575,000
2875 Taylor Ave, Springfield, IL 62703
8beds
4baths
8,646sqft
Multi Family, Apartment
Built in 1983
-- sqft lot
$568,700 Zestimate®
$67/sqft
$1,307 Estimated rent
Home value
$568,700
$540,000 - $597,000
$1,307/mo
Zestimate® history
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Owner options
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$1,307/mo
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Rent Zestimate®
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$3,953/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: April 04, 2026 at 01:00pm
Listed by:
Jerry George Pref:217-638-1360,
The Real Estate Group, Inc.,
Inar Kattom,
The Real Estate Group, Inc.
Bought with:
Jerry George, 475159363
The Real Estate Group, Inc.
Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1040690
Originating MLS: Capital Area Association of Realtors
Originating MLS: Capital Area Association of Realtors
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 & neighborhood
Location
- Region: Springfield
- Subdivision: None
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Sold | $575,000-4.2%$67/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #CA1040690 Report a problem | ||
| 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 | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Neighborhood: 62703
Nearby schools
GreatSchools rating
- 7/10Laketown Elementary SchoolGrades: K-5Distance: 1 mi
- 2/10Jefferson Middle SchoolGrades: 6-8Distance: 0.9 mi
- 2/10Springfield Southeast High SchoolGrades: 9-12Distance: 1 mi
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- Illinois
- Sangamon County
- Springfield
- 62703
- 2875 Taylor Ave