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Pending
  • $1,900,000

    3100 Butler St #1833, Springfield, IL 62703

    4beds
    2baths
    36,828sqft
    : 
    Multi Family, Apartment
    Built in 1978
    -- sqft lot
    $1,190,100 Zestimate®
    $52/sqft
    $-- HOA

    What's special

    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.
    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#: CA1037328MLS LogoOriginating 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
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    Estimated market value

    $1,190,100

    $833,000 - $1.64M

    $1,267/mo

    Price history

    Price history
    DateEventPrice
    9/15/2025Pending sale$1,900,000$52/sqft
    Source: RMLS Alliance #CA1037328 Report a problem
    7/17/2025Price change$1,900,000-18.8%$52/sqft
    Source: RMLS Alliance #CA1037328 Report a problem
    6/20/2025Listed for sale$2,340,000$64/sqft
    Source: RMLS Alliance #CA1037328 Report a problem

    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