2510 & 2518 W JEFFERSON Street Springfield, IL 62702
- Added:
- Mar 4, 2026
- Days on Market:
- 47
- Last Refresh:
- Apr 20 at 7:06 pm
Property Features for 2510 & 2518 W JEFFERSON Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 7, Bedroom 2, Bedroom 8, Bathroom 4, Bedroom 6, Bathroom 3, Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 1
- Parking
- 30
- Basement
- Finished
- Standard status
- Active
- APN
- 1430203014
- Lot size
- 6.60 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- PT S OF RD OF CREEK IN W 1/2 NE 1/4 30-16-5
- Tax Annual Amount
- 6601
Utilities
- Heating system
- Baseboard, Other (Heating), Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Number of units
- 10
- Roof type
- Shingle
Listing agent Debra Sarsany License #475118739 (217) 313-0580
Listing office The Real Estate Group, Inc. 3701 West Wabash, Springfield, IL (217) 787-7000
Listing date Mar 4, 2026
MLS# CA1042098
Listing URL
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
Springfield Multifamily Investment Opportunity
This is an opportunity to own a fully occupied 10-unit multifamily property situated on 6.5 acres. Located in the Springfield High School District, the property consists of two 5-unit buildings at 2510 & 2518 W Jefferson. The property is fully rented, generating a total monthly income of $7,965. Tenants are responsible for electric and gas, while the owner covers water, sewer, trash, and mowing expenses. The property is zoned R3 County, offering potential for future development. A duplex previously existed on the property but was destroyed by a fire, presenting the possibility of constructing at least one additional multi-unit structure. Ample space is available for further expansion, contingent upon zoning and county approval. The property includes a creek, wooded areas, and a gazebo, providing a peaceful environment for tenants while maintaining convenient access to local amenities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.699232
- Latitude
- 39.814613
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully occupied 10-unit property on 6.5 acres with development potential.
Where is this apartment building located?
The property is located at 2510 & 2518 W JEFFERSON Street Springfield, IL.
What is the asking price?
The asking price for this property is $799,800.
What are key features of this property?
This property features: Fully occupied 10‑unit property generating $7,965 in monthly income; Significant development potential on 6.5 acres with R3 zoning; Located in the desirable Springfield High School District
