Great opportunity to own a 6 units just a couple blocks away from Lincoln Park. One building is a 4-plex and the other is a duplex. All fully occupied with a total gross monthly income of $3,850. New roof layover just installed in August 2024. New siding on the 4-plex. Tenant pays for all utilities. Owner pays for garbage expense.
For sale
$250,000
524 E Ridgely Ave #G-h, Springfield, IL 62702
4beds
8baths
6,000sqft
Est.:
Multi Family
Built in 1983
-- sqft lot
$-- Zestimate®
$42/sqft
$-- HOA
What's special
- 1 day |
- 242 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Jami R Winchester Mobl:217-306-1000,
The Real Estate Group, Inc.
Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1043636
Originating MLS: Capital Area Association of Realtors
Originating MLS: Capital Area Association of Realtors
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 8
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator, Water Heater
Features
- Basement: None
Interior area
- Total structure area: 6,000
- Total interior livable area: 6,000 sqft
Property
Parking
- Total spaces: 6
Lot
- Size: 1,770.19 Square Feet
- Dimensions: 66 x 130 x 75
- Features: Level, Other
Details
- Parcel number: 14220326048
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $42/sqft
- Annual tax amount: $6,625
- Date on market: 5/11/2026
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Listed for sale | $250,000$42/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #CA1043636 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
$1,641/mo
Principal & interest
$1229
Property taxes
$412
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Climate risks
Neighborhood: 62702
Nearby schools
GreatSchools rating
- 4/10Ridgely Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 1/10Washington Middle SchoolGrades: 6-8Distance: 2.4 mi
- 1/10Lanphier High SchoolGrades: 9-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Sangamon County
- Springfield
- 62702
- 524 E Ridgely Ave Unit G-h
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