Four-Unit
For Sale
$150,000
Pending
601 W EDWARDS Avenue, Springfield, IL 62704
MULTI_FAMILY - Springfield, IL
Property SizeContact for details
Days on Market27
Property Features for 601 W EDWARDS Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 6, Bedroom 1
Parking
2
Parking features
On Street
Basement
Partially Finished
Subdivision
Historic District
Lot features
Corner Lot, Level
High school
Springfield District #186
Directions
MacArthur to Edwards - turn East. House sits on corner of Edwards and New Street.
Standard status
Pending
APN
14330251055
Taxes and HOA fees
Tax Year
2025
Tax Description
L 63 ASSRS SUB NE 1/4 33 & PT W 1/2 NW 1/4 34 & E 67' L 28 JAMES BROWN 2ND ADDN EX N 42'
Tax Annual Amount
3121
Legal Description
L 63 ASSRS SUB NE 1/4 33 & PT W 1/2 NW 1/4 34 & E 67' L 28 JAMES BROWN 2ND ADDN EX N 42'
Utilities
Heating system
Forced Air, Electric (Heating), Hot Water(Heating), Natural Gas
Cooling system
Central Air, Zoned
Water source
Public
Building Details
Year built
1952
Number of units
4
Building materials
Aluminum Siding
Roof type
Shingle
Listing Agency:
The Real Estate Group, Inc.
(217) 787-7000
Listed By:
Ben Call · License #475139475
(217) 341-9397
Added: Jul 26
Changed: Aug 5
Last Checked: Aug 21 at 3:06AM
MLS# CA1045417
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.
Investment Insights
Based on property information with market context.
Four-unit quadplex with 3 of 4 units currently occupied and one unit vacant. Unit A is a 2-bedroom, 1-bath unit. Unit B is a 2-bedroom, 1-bath unit. Unit C is a 2-bedroom, 1-bath unit, and Unit D is a 1-bedroom, 1-bath unit. Two occupied units are described as month-to-month, and one tenant recently renewed with a term through July 31, 2027.
The owner pays house gas, water, and lawncare. Tenants pay gas and electric, handle their own snow removal, and each unit is supported by multiple on-site systems. The building has 4 furnaces, 3 central air units, and one window unit. A washer and dryer are located in the basement. Additional included items reported include fridges, ranges, and dishwashers.
Built in 1952, the property is served by public water, features aluminum siding and a shingle roof, and offers on-street parking with ample street parking.
The owner pays house gas, water, and lawncare. Tenants pay gas and electric, handle their own snow removal, and each unit is supported by multiple on-site systems. The building has 4 furnaces, 3 central air units, and one window unit. A washer and dryer are located in the basement. Additional included items reported include fridges, ranges, and dishwashers.
Built in 1952, the property is served by public water, features aluminum siding and a shingle roof, and offers on-street parking with ample street parking.
Key Highlights
- Four‑unit quadplex with 3 occupied units; Unit A is vacant
- Two occupied units are month‑to‑month; one lease renewed through July 31, 2027
- Unit mix includes two 2‑bedroom, 1‑bath units plus one 1‑bedroom, 1‑bath unit
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,482
Businesses Nearby
Explore this area
Business Placement
Demographics for 62704, IL
39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit quadplex with three occupied units on month-to-month leases and central air in most units.
Where is this quadplex located?
The property is located at 601 W EDWARDS Avenue Springfield, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Four‑unit quadplex with 3 occupied units; Unit A is vacant; Two occupied units are month‑to‑month; one lease renewed through July 31, 2027; Unit mix includes two 2‑bedroom, 1‑bath units plus one 1‑bedroom, 1‑bath unit
