alt
alt
alt
alt
alt
View All

For Sale

27-unit Springfield Multifamily Opportunity

604-614 South 4th Street,
Springfield, IL 62703

Asset Snapshot

3
Floor Count
27 Units
Unit Count
0 SF
Average Unit Size
26,856 SF
Property Size

Offering Summary

Investment Overview

Located in the heart of Downtown Springfield, this three-building multifamily portfolio is positioned for strong rent growth and long-term appreciation. The property includes 6 units in Building 606, 6 units in Building 610, and 15 units in Building 614. This is an ideal opportunity for an experienced investor or developer looking for a value-add multifamily project with great upside potential. Based on comparable properties and management data in the area, renovated units could achieve rents between $750 and $900 per month. This portfolio is being offered as-is. Bring your vision and unlock the potential this property has to offer!


Investment Highlights

  • Three-building portfolio totaling 27 units
  • Downtown Springfield location – close to amenities, jobs, and transit
  • Value-add opportunity being offered as-is
  • All units need renovation

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
For Sale
$540,000
Asking Price