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    3430 N Peoria Road Springfield, IL 62707

    Sponsored
    For Sale
    Contact for pricing

    Affordable Springfield living near downtown.

    Property size:
    924 SF

    Description

    Added:
    Jan 4, 2025
    Days on Market:
    372
    This Springfield, IL manufactured home community, located at 3430 N Peoria Road, zip code 62707, offers a peaceful residential setting just ten minutes from Downtown Springfield. Residents enjoy convenient access to major highways, providing easy commutes. The community is also situated near popular recreational areas including Adams Wildlife Sanctuary, the Old State Capitol building, and the Cozy Dog Drive-In, offering a blend of convenience and leisure. On-site amenities enhance the resident experience, featuring off-street parking, a clubhouse hosting community events, a playground, and cable television access. The total building size is 924 square feet. Community hours are Monday, Tuesday, Thursday, and Friday from 8:30 AM to 5:00 PM; Wednesday from 8:30 AM to 7:00 PM; and Saturday from 10:00 AM to 3:00 PM. This property presents a unique investment opportunity in a desirable location. Further details are available upon request.

    Property Features for 3430 N Peoria Road

    General Information

    Property type
    Other residential income properties
    Square Feet
    924 SF
    Elevators
    N/A

    HighLights

    • Prime Springfield, IL location, ten minutes from downtown.
    • Enjoy community amenities including clubhouse, playground, and off‑street parking.
    • Close proximity to recreational areas like Adams Wildlife Sanctuary and Old State Capitol.
    Location Intelligence

    Current Use by Public Records

    Lakeshore Daycare, South ... Child Care Agency Northbrook MHC Mobile Home Park

    Suggested Use

    Law Firm Restaurant Spa & Massage Building Supply Gym & Fitness Daycare Center Pharmacy Auto Repair Shop Kitchen & Bath Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    State
    Illinois
    Longitude
    -89.6280138
    Latitude
    39.8479492

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    FAQs

    What type of property is this?
    Residential income property - Affordable Springfield living near downtown.
    Where is this residential income property located?
    The property is located at 3430 N Peoria Road Springfield, IL.
    What are key features of this property?
    This property features: Prime Springfield, IL location, ten minutes from downtown.; Enjoy community amenities including clubhouse, playground, and off-street parking.; Close proximity to recreational areas like Adams Wildlife Sanctuary and Old State Capitol.
    (217) 616-2403
    Request Owner's contact information
    3430 N Peoria Road Springfield, IL 62707
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    Springfield, IL 62707
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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
    3430 N Peoria Road Springfield, IL 62707
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