Historic 12-Unit Brick Apartment Building with Fully Furnished 1-Bedroom Units Step into timeless charm with this well-maintained 3-story historic brick apartment building featuring 12 fully furnished 1-bedroom units. Each apartment comes move-in ready with a complete furniture package including living room and bedroom sets, kitchen essentials, and flat-screen TVs—making it ideal for both long-term tenants and short-term rental opportunities. The property boasts a reliable boiler system providing consistent heat throughout the building, while each unit is equipped with a window A/C for comfort year-round. Newer windows and a roof replacement completed around 2016 ensure long-term durability and energy efficiency. Several apartments received recent upgrades in 2025, including new furnishings, refreshed bathroom vanities, modern cabinetry, updated appliances, and refinished tub/showers. With its combination of historic character, updated features, and turnkey furnished units, this building is a rare investment opportunity offering stable income potential and long-term value. In order to minimize disrupting current tenants, 48 hours notice is required for showings.
For sale
$750,000
520 S South Grand Ave E, Springfield, IL 62703
2beds
2baths
7,692sqft
Est.:
Multi Family, Apartment
Built in 1931
-- sqft lot
$-- Zestimate®
$98/sqft
$-- HOA
What's special
Modern cabinetryRefreshed bathroom vanitiesMove-in readyRecent upgradesComplete furniture packageNewer windowsUpdated appliances
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