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19478 Springfield Rd Groveland, IL 61535

Sponsored
For Sale
$569,000

COMMERCIAL - Groveland, IL

Lot size:
0.44 Acres
Days on Market:
10
Last Refresh:
Jan 10 at 9:06 am

Property Features for 19478 Springfield Rd

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Zoning
comm
APN
05-05-22-405-001
Parking
25
Lot size
0.44 Acres

Utilities

Sewer type
Septic Tank
Heating system
Natural Gas, Forced Air
Cooling system
Central Air

Building Details

Year built
1979
Floors in Building
2
Number of units
5
Flooring type
Concrete, Tile, Carpet
Building materials
Brick, Vinyl Siding, Wood Siding, Frame
Roof type
Composition

R & R REALTY (309) 696-7628 [email protected]

Listing agent Tonya Crawford

Listing date Jan 1, 2026

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Multifamily and Commercial Space Building

This property features a five-unit multifamily and commercial space building situated in a desirable location. The property generates a yearly gross rental income of $67,560. The building has long-term tenants and low overhead. Numerous upgrades have been completed within the last 12 months, including paint, flooring, carpet, lighting, furnaces, AC units, and a water heater. The property is located in Groveland, Illinois, and is zoned for commercial use. The lot size is 0.44 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Realty agency Restaurant Law Firm Hair Salon Building Supply Auto Repair Shop Hotel & Motel Bar & Pub HVAC Service Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Groveland
County
Tazewell
State
Illinois
Longitude
-89.533742
Latitude
40.604303

FAQs

What type of property is this?
Apartment building - Five-unit multifamily and commercial space building with long-term tenants.
Where is this apartment building located?
The property is located at 19478 Springfield Rd Groveland, IL.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: - High yearly gross rental income of $67,560.; - Recent upgrades within the last 12 months including paint, flooring, carpet, lighting, furnaces, AC units, and water heater.; - 5 unit multifamily & commercial space building.
More about this property
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