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Apartment Building
For Sale
$540,000
Pending

820 Converse Avenue, Springfield, IL 62702

Commercial Sale, Springfield, IL

Property SizeContact for details
Days on Market2227

Property Features for 820 Converse Avenue

General Information

Property type Commercial Sale
Property subtype Other
Directions 9th to W on Converse; 9th between Converse & N Grand.
Standard status Pending
APN 14-22.0-452-047
Listing Agency: RE/MAX Professionals · RE/MAX International
Listed By: Ronald Duff · License #471.001747
Added: Aug 10, 2020 Changed: Aug 19 Last Checked: Sep 14 at 10:06AM
MLS# CA1001766

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.

This multifamily offering includes the apartment property at 820 Converse Avenue in Springfield, Illinois, together with an additional property identified at 1339 N 9th. The properties are located in Sangamon County and carry Springfield ZIP code 62702. The available information identifies the asset class as apartment buildings and does not provide building size, unit count, condition, or operating details.

Key Highlights

  • Apartment building offering in Springfield, Illinois
  • Includes 820 Converse Avenue
  • Additional property identified at 1339 N 9th

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Big Box & Wholesale Store Bakery Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

757
Businesses Nearby

Demographics for 62702, IL

33,712
Population
17,083
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
15.4 sq mi
ZIP Area
2,189
Density / Sq Mi
$52,748
Median Household Income
$38,160
Median Earnings
$858
Median Rent
$102,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Offering includes an apartment property on Converse Avenue and an additional property on North 9th Street in Springfield.
Where is this apartment building located?
The property is located at 820 Converse Avenue Springfield, IL.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Apartment building offering in Springfield, Illinois; Includes 820 Converse Avenue; Additional property identified at 1339 N 9th
More about this property
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