Building Details

Year built 1979

Floors in Building 2

Number of units 5

Flooring type Tile, Concrete, Carpet

Building materials Brick, Vinyl Siding, Wood Siding, Frame

Roof type Composition

Listing Agency: R & R Realty

Listed By: Tonya Crawford · License #471009760 Show Phone

Added: May 2, 2025 Changed: Sep 20 Last Checked: Oct 5 at 4:06PM

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MLS# PA1257603

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 mixed-use building combines two residential apartments with three commercial units in a fully occupied configuration. The property was remodeled and includes brick, vinyl siding, wood siding, and frame construction, with tile, concrete, and carpet flooring. Forced-air heating, natural gas service, central air conditioning, a composition roof, and a septic tank are reported. Built in 1979, the building is situated on a 0.44-acre parcel and carries commercial zoning.

Existing occupancy includes long-term tenants under long-term leases. The property is reported at a 9.07% cap rate, providing a defined income profile across its residential and commercial components. The combination of apartment and business units creates a varied use mix within a single asset.

Key Highlights

• Fully occupied mixed‑use building with 2 residential apartments and 3 commercial units
• Remodeled property with long‑term tenants and long‑term leases
• Reported 9.07% cap rate

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Building Supply HVAC Service Auto Repair Shop Real Estate Agency Garden Center 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.

Lease Details

2

Residential units

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

40

Businesses Nearby

Explore this area Business Placement

Demographics for 61535, IL

1,748

Population

666

Households

2.6

Avg Household Size

44

Median Age

36%

College-Educated

90%

High-School Grad

7.4 sq mi

ZIP Area

236

Density / Sq Mi

$138,594

Median Household Income

$64,654

Median Earnings

$222,300

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mixed-use property - Fully occupied commercial and residential property with established tenants and a blend of apartment and business spaces.

Where is this mixed-use property located?

The property is located at 19478 SPRINGFIELD Road Groveland, IL.

What is the asking price?

The asking price for this property is $564,900.

What are key features of this property?

This property features: Fully occupied mixed‑use building with 2 residential apartments and 3 commercial units; Remodeled property with long‑term tenants and long‑term leases; Reported 9.07% cap rate