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    3011 Niccolls Rd Springfield, IL 62703

    For Sale
    $99,000

    Residential Income - Springfield, IL

    Property size:
    6,000 SF
    Lot size:
    2.73 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 8 at 8:06 pm

    Property Features for 3011 Niccolls Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    14360126004
    Parking
    8
    Parking features
    On Street
    Size
    6,000 SF
    Lot size
    2.73 Acres

    Building Details

    Year built
    1965
    Number of units
    11
    Building materials
    Brick, Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    Keller Williams Capital (217) 553-4368 [email protected]

    Listing agent Sarah Quattrin Coombe (217) 303-8445 License #475125086

    Listing date Nov 20, 2025

    MLS# CA1040411 Listing URL

    Copyright © 2025 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 Residential Income Opportunity

    This is an opportunity to acquire two apartment buildings, totaling 11 units, and one 1-bedroom house. The properties require extensive renovation. The current owner has initiated improvements, including new siding, some new windows, roof repairs, clean out, and yard work. The property has a lot size of 2.73 acres and a building size of 6,000 square feet. The surrounding area is experiencing steady improvement. The properties are located in Springfield, Illinois.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.609071
    Latitude
    39.797896

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    FAQs

    What type of property is this?
    Apartment building - Eleven units plus a house needing extensive renovation in Springfield.
    Where is this apartment building located?
    The property is located at 3011 Niccolls Rd Springfield, IL.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: - Portfolio includes two apartment buildings (11 units total) and one 1-bedroom house.; - Great opportunity for investors and flippers.; - Located in an area experiencing steady improvement.
    (217) 303-8445
    Request Owner's contact information
    3011 Niccolls Rd Springfield, IL 62703
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    Springfield, IL 62703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3011 Niccolls Rd Springfield, IL 62703
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