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Short-Term Rental Property with Furnishings
For Sale
Contact for pricing

1412 S 4th St, Springfield, IL 62703

Updated furnished home currently operated as an Airbnb with a guest-ready overnight accommodation layout.

Property SizeContact for details
Days on Market144

Property Features for 1412 S 4th St

General Information

Standard status Active
Property subtype Special Purpose, Hospitality, Business for Sale

Additional Details

Furnished Yes
Business Included Yes
Multifamily Units 1

Building Details

Buildings 1
Listing Agency: The Real Estate Group
Listed By: Jerry George · License #475159363
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 9:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Group

Investment Insights

Based on property information with market context.

Located at 1412 S 4th St in Springfield, Illinois, this home is currently operated as an Airbnb and has been in service for approximately 1 year. The existing sleeping arrangement accommodates 6 guests with 1 king bed and 2 queen beds, while the configuration can be expanded.

Recent work includes refinished original woodwork and floors, a partial roof replacement, and updates to the electrical and plumbing systems. The property is staged for continued operation, and the items associated with the business remain with the purchase. The current setup provides an established furnished short-term rental format for the next owner.

Key Highlights

  • Currently operating as an Airbnb for approximately 1 year
  • Sleeps 6 with 1 king bed and 2 queen beds
  • Refinished original woodwork and floors

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Real Estate Agency Storage Facility (Bike/Boat/Book/etc) Store Auto Parts Store HVAC Service Gym & Fitness Center

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

Lease Details

1
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,681
Businesses Nearby

Demographics for 62703, IL

28,344
Population
14,320
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
85%
High-School Grad
14.9 sq mi
ZIP Area
1,902
Density / Sq Mi
$44,580
Median Household Income
$36,345
Median Earnings
$971
Median Rent
$93,100
Median Home Value

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?
Short term rental property - Updated furnished home currently operated as an Airbnb with a guest-ready overnight accommodation layout.
Where is this short term rental property located?
The property is located at 1412 S 4th St Springfield, IL.
What are key features of this property?
This property features: Currently operating as an Airbnb for approximately 1 year; Sleeps 6 with 1 king bed and 2 queen beds; Refinished original woodwork and floors
(217) 638-1360 Call to check price and availability
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