Skip main navigation
For sale
  • Price cut: $20K (6/5)
    $379,900

    824 E Ridgely Ave, Springfield, IL 62702

    8beds
    4baths
    2,752sqft
    : 
    Loading
    Get pre-qualified
    Multi Family, Apartment
    Built in 1993
    -- sqft lot
    $366,800 Zestimate®
    $138/sqft
    $-- HOA

    What's special

    Multiple new hvac systemsNew roof
    This 4,500 Square Foot, Six unit apartment building offers an outstanding investment opportunity with a variety of recent upgrades. The building itself, has undergone significant updating, including a new roof and all new siding in 2021. All six units have been renovated. With updates like multiple new HVAC systems and water heaters. the sale also includes an additional parcel to the west, with the potential to rebuild another six-unit structure on the site where a previous building stood. Prospective buyers should explore grant programs that may support this rebuilding opportunity, adding further value to the property. This is an ideal opportunity for investors looking for a property with minimal initial maintenance and significant growth potential. "Professional photography was taken prior to units being occupied"
    37 days
    |
    639
    |
    33
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kyle T Killebrew Mobl:217-741-4040,

    The Real Estate Group, Inc.

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1043403MLS LogoOriginating MLS: Capital Area Association of Realtors

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Range, Refrigerator, Water Heater
      • Laundry: None
      Features
      • Basement: Crawl Space
      Interior area
      • Total structure area: 2,752
      • Total interior livable area: 2,752 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Assigned
      Lot
      • Size: 9,150 Square Feet
      • Dimensions: 150 x 61
      • Features: Level
      Details
      • Parcel number: 1422.0401019

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Apartment
      Materials
      • Wood Siding
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1993

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Springfield

      Financial & listing details

      • Price per square foot: $138/sqft
      • Annual tax amount: $7,159
      • Date on market: 5/1/2026
      • Cumulative days on market: 38 days
      • Lease term: Variable
      • Tenant pays: Water
      • Road surface type: Paved
      Get pre-qualifiedBe ready to make an offer.
      Connect with an agentGet info on this home, tour, and more.
      Calculate monthly paymentSee if you can afford this home.

        Estimated market value

        $366,800

        $348,000 - $385,000

        $1,131/mo

        Price history

        DateEventPrice
        6/5/2026Price change$379,900-5%$138/sqft
        Source: RMLS Alliance as distributed by MLS GRID #CA1043403 Report a problem
        5/1/2026Listed for sale$399,900+95.1%$145/sqft
        Source: RMLS Alliance as distributed by MLS GRID #CA1043403 Report a problem
        2/25/2026Listing removed$875
        Source: Zillow Rentals Report a problem
        10/25/2025Price change$875+2.9%
        Source: Zillow Rentals Report a problem
        10/7/2025Listed for rent$850+38.2%
        Source: Zillow Rentals Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        3/18/2021Sold$205,000$74/sqft
        Source: RMLS Alliance as distributed by MLS GRID #CA1004788 Report a problem
        1/13/2020Listing removed$615
        Source: Owner Report a problem
        12/13/2019Listed for rent$615+3.4%
        Source: Owner Report a problem
        8/3/2019Listing removed$595
        Source: Owner Report a problem
        7/22/2019Price change$595-3.3%
        Source: Owner Report a problem
        5/3/2019Listed for rent$615
        Source: Owner Report a problem
        3/11/2019Listing removed$615
        Source: Owner Report a problem
        11/16/2018Price change$615+3.4%
        Source: Owner Report a problem
        11/3/2018Listed for rent$595
        Source: Owner Report a problem
        2/21/2018Listing removed$595
        Source: Owner Report a problem
        2/16/2018Listed for rent$595-4.8%
        Source: Owner Report a problem
        4/20/2017Listing removed$625
        Source: Owner Report a problem
        2/20/2017Listed for rent$625
        Source: Owner Report a problem
        12/29/2016Listing removed$625+5%
        Source: Owner Report a problem
        3/15/2016Listing removed$595
        Source: Owner Report a problem
        3/1/2016Listed for rent$595
        Source: Owner Report a problem
        8/27/2015Listing removed$595
        Source: Owner Report a problem
        8/3/2015Listed for rent$595+5.3%
        Source: Owner Report a problem
        4/2/2013Listing removed$565
        Source: Smart Choice Properties Report a problem
        3/26/2013Listed for rent$565
        Source: Smart Choice Properties Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 62702

          Getting around

          62 / 100
          Somewhat Walkable
          34 / 100
          Some Transit
          54 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

          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.

          Browse local experts

          Similar homes

          Skip to the end of the carouselSkip to the beginning of the carousel