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All-Brick 6-Unit Apartment Building
For Sale
$160,000
Pending

1546 E CORNELL Street, Springfield, IL 62703

MULTI_FAMILY - Springfield, IL

Property SizeContact for details
Days on Market131

Property Features for 1546 E CORNELL Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 2
Parking 6
Lot features Level
High school Springfield Southeast
Directions 11th St. to Cornell. West to 1546. Property on South side of street.
Standard status Pending
APN 22030430055

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 19-21 LINCOLN HEIGHTS 3-15-5 75 X 130
Tax Annual Amount 2623
Legal Description LOTS 19-21 LINCOLN HEIGHTS 3-15-5 75 X 130

Utilities

Heating system Baseboard
Water source Public

Building Details

Year built 1968
Number of units 6
Building materials Brick
Roof type Shingle
Listing Agency: The Real Estate Group, Inc.
Listed By: Ben Call · License #475139475
Added: Mar 31 Changed: Aug 7 Last Checked: Aug 8 at 7:06PM
MLS# CA1042690

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.

All-brick, one-story 6-unit apartment building built in 1968. The property has individual electric meters serving the units, and all units are occupied. It is being sold as-is.

Tenants pay electric and gas. A house meter is used for water and sewer, which is paid by the landlord. The building is heated with baseboard heating and has a shingle roof. Public water is provided.

Room and bathroom layouts include multiple bedrooms and several bathrooms across the units, supporting a tenant mix suitable for residential rental occupancy.

Key Highlights

  • All‑brick, one‑story 6‑unit apartment building
  • Built in 1968
  • Individual electric meters for each unit

Property Analytics

Current Use

Apartment buildings

Lease Details

6
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

329
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit, one-story building with individual electric meters; tenants pay electric and gas while landlord pays water and sewer.
Where is this apartment building located?
The property is located at 1546 E CORNELL Street Springfield, IL.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: All‑brick, one‑story 6‑unit apartment building; Built in 1968; Individual electric meters for each unit
More about this property
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