Don’t miss this rare opportunity to own a turnkey 36-unit multifamily property located in Springfield’s desirable south end. This well-maintained complex offers a strong rental history with 95% occupancy of two bed 1 bath units making it ideal for long-term stability and consistent income. Recent capital improvements, on-site parking, and professional management in place provide ease of ownership for investors. The property sits in a high-demand rental corridor, close to major employers, shopping, dining, and transportation routes. With market rents and low vacancy, this asset is positioned for immediate returns and future upside potential. Showings require 24 hour notice and the listing agent present.
Pending
$1,900,000
3100 Butler St #1833, Springfield, IL 62703
4beds
2baths
36,828sqft
Est.:
Multi Family, Apartment
Built in 1978
-- sqft lot
$1,190,100 Zestimate®
$52/sqft
$-- HOA
What's special
- 216 days |
- 5 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: September 17, 2025 at 01:01pm
Listed by:
Richard Wiese 217-415-5445,
Wiese Properties Powered By Keller Williams
Source: RMLS Alliance,MLS#: CA1037328
Originating MLS: Capital Area Association of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Water Heater
Features
- Basement: None
Interior area
- Total structure area: 36,828
- Total interior livable area: 36,828 sqft
Property
Parking
- Total spaces: 50
Lot
- Size: 2 Acres
- Dimensions: 78,271
- Features: Level
Details
- Parcel number: 2211.0329020
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Vinyl Siding
- Roof: Rubber
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Springfield
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $52/sqft
- Annual tax amount: $38,000
- Date on market: 6/20/2025
- Cumulative days on market: 215 days
Estimated market value
$1,190,100
$833,000 - $1.64M
$1,267/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2025 | Pending sale | $1,900,000$52/sqft |
Source: | ||
| 7/17/2025 | Price change | $1,900,000-18.8%$52/sqft |
Source: | ||
| 6/20/2025 | Listed for sale | $2,340,000$64/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$11,168/mo
Principal & interest
$7368
Property taxes
$3135
Home insurance
$665
Climate risks
Neighborhood: 62703
Nearby schools
GreatSchools rating
- 1/10Edwin A Lee Elementary SchoolGrades: PK-12Distance: 1.6 mi
- 2/10Jefferson Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Springfield Southeast High SchoolGrades: 9-12Distance: 1.4 mi



