Back to Search

Springfield Multifamily Investment Opportunity

1546 E CORNELL Street, Springfield, IL 62703

View on Map

For Sale

$160,000

MULTI_FAMILY - Springfield, IL

HighLights

All‑brick, 6‑unit, 1‑story apartment building
Individual electric meters for each unit
Tenants pay electric and gas; landlord pays the house water and sewer (house meter)
Year built: 1968
Baseboard heating and shingle roof
Water source: public

We can help!

Contact an agent

Ben Call

For Sale

$160,000

MULTI_FAMILY - Springfield, IL

Added:: Mar 31, 2026
Days on Market:: 98
Last Refresh:: Jul 6 at 10:06 pm

Property Features for 1546 E CORNELL Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 4
Bathrooms: 4
Rooms: Bathroom 3, Bedroom 3, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 1
Parking: 6
Standard status: Active
APN: 22030430055

Taxes and HOA fees

Tax Year: 2025
Tax Description: LOTS 19-21 LINCOLN HEIGHTS 3-15-5 75 X 130
Tax Annual Amount: 2623

Utilities

Heating system: Baseboard
Water source: Public

Building Details

Year built: 1968
Number of units: 6
Building materials: Brick
Roof type: Shingle

We can help!

Contact an agent

Ben Call

Listing agent Ben Call License #475139475

Listing office The Real Estate Group, Inc. 3701 West Wabash, Springfield, IL

Listing date Mar 31, 2026

MLS# CA1042690 Listing URL

HighLights

All‑brick, 6‑unit, 1‑story apartment building
Individual electric meters for each unit
Tenants pay electric and gas; landlord pays the house water and sewer (house meter)
Year built: 1968
Baseboard heating and shingle roof
Water source: public

Overview

This is an all-brick, one-story apartment building containing six units. Each unit has an individual electric meter. The property is being sold As Is, with all units currently occupied. Tenants are responsible for paying their own electric and gas bills. The landlord is responsible for the house meter, which covers water and sewer expenses. The property is located in Springfield, Illinois.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City: Springfield
County: Sangamon
State: Illinois
Longitude: -89.6341451
Latitude: 39.7767336

Nearby Similar for Sale

$975,000

1,750 SF

Versatile Commercial Property, Springfield, IL

High-visibility commercial property with multiple income streams on 3.92 acres.

3100 E COOK Street, Springfield, IL 62703-0000

View Details
$410,000

4,700 SF

Spacious Office Building, Springfield, IL

Over 4700 sq ft office space near high traffic area.

3055 S 4TH Street, Springfield, IL 62703

View Details
$749,999

15,000 SF

Multi-Purpose Building with Basketball Court

15,000 sq ft multi-purpose building with many potential uses.

1200 N Bradfordton Road, Springfield, IL 62711

View Details
$2,600,000

Warehouse & Flex Distribution Facility

Fenced warehouse flex space with refreshed office, 61 parking spaces, and recent warehouse lighting and safety upgrades.

3350 Koke Mill Road, Springfield, IL 62711

View Details
$460,000

7,200 SF

Versatile Commercial Property in Springfield

7,200 sq ft commercial property with office and warehouse space.

3112 NORMANDY Road, Springfield, IL 62703

View Details
$675,000

1,500 SF

Springfield Industrial Park Warehouse Building

Warehouse building with commercial kitchen space for sale.

4753 Jeffory Street, Springfield, IL 62703

View Details
$2,500,000

Springfield Strip Mall For Sale

Strip mall in high-traffic location with reliable tenants.

2940 CONSTITUTION Drive, Springfield, IL 62704

View Details
$2,500,000

Indoor Trampoline Entertainment Facility

Well-known trampoline park with arcade, party rooms, offices, and a multi-use air court for active recreation.

3454 LIBERTY Drive, Springfield, IL 62704

View Details
$650,000

Well-Maintained Office Building

Move-in ready office building with private offices, conference rooms, and ample on-site parking.

801 S Durkin Drive, Springfield, IL 62704

View Details
$6,500,000

Class A Office Building with Elevator Access

Brick-and-steel office building with multiple elevator access, floor-level climate control, and on-site parking for 173 vehicles.

400 W MONROE Street, Springfield, IL 62704

View Details
$460,000

15,000 SF

Multi-Unit Office and Retail Building

A well-maintained mixed-use building with office and retail space, updated improvements, and parking for more than 50 vehicles.

3111 NORMANDY Drive, Springfield, IL 62703-0000

View Details
$1,330,000

15,000 SF

Downtown Springfield Commercial Building For Sale

Well-kept building in ideal downtown location with leased floors.

600 E ADAMS Street, Springfield, IL 62701

View Details

For sale
Apartment buildings
IL
Springfield
62703
1546 E CORNELL Street

What type of property is this?

Apartment building - Six-unit, all-brick apartment building in Springfield, Illinois.

Where is this apartment building located?

The property is located at 1546 E CORNELL Street Springfield, IL.

What is the asking price?

The asking price for this property is $160,000.

What are key features of this property?

This property features: All‑brick, 6‑unit, 1‑story apartment building; Individual electric meters for each unit; Tenants pay electric and gas; landlord pays the house water and sewer (house meter)

1546 E CORNELL Street, Springfield, IL 62703

MULTI_FAMILY - Springfield, IL

Property Features for 1546 E CORNELL Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Map

Nearby Similar for Sale

Versatile Commercial Property, Springfield, IL

Spacious Office Building, Springfield, IL

Multi-Purpose Building with Basketball Court

Warehouse & Flex Distribution Facility

Versatile Commercial Property in Springfield

Springfield Industrial Park Warehouse Building

Springfield Strip Mall For Sale

Indoor Trampoline Entertainment Facility

Well-Maintained Office Building

Class A Office Building with Elevator Access

Multi-Unit Office and Retail Building

Downtown Springfield Commercial Building For Sale

FAQs