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Four-Unit Building with Rear Decks
For Sale
$359,900

2811 MONMOUTH Court, Springfield, IL 62704

Residential Income, Springfield, IL

Property SizeContact for details
Days on Market51

Property Features for 2811 MONMOUTH Court

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 7, Bedroom 2, Bedroom 8
Parking 4
Exterior features Rec Area
Basement Crawl Space
High school Springfield
Directions Old Jacksonville Rd to Monmouth
Standard status Active
APN 14-31.0-304-002

Taxes and HOA fees

Tax Year 2026
Tax Description TANGLEWOOD VILLAGE LOT 78 MONROE PARK WEST 6TH PLAT LOT 2
Tax Annual Amount 6719
Legal Description TANGLEWOOD VILLAGE LOT 78 MONROE PARK WEST 6TH PLAT LOT 2

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Amenities

washer/dryer hookups
rear deck

Building Details

Year built 1979
Number of units 4
Building materials Aluminum Siding, Vinyl Siding
Roof type Shingle
Listing Agency: The Real Estate Group, Inc.
Listed By: Kyle Killebrew · License #475109198
Added: Aug 13 Changed: Sep 16 Last Checked: Oct 2 at 7:06AM
MLS# CA1045804

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.

Built in 1979, this four-unit property includes approximately 1,000 square feet per residence. Each unit offers two bedrooms, one full bathroom, a living room, and an oversized eat-in kitchen, along with washer and dryer hookups and a rear deck. Central air, shingle roofing, aluminum and vinyl siding, public water, and off-street parking are also provided. The property is being sold as-is.

The building sits on a quiet cul-de-sac in west Springfield, just west of Veterans Parkway and near shopping, dining, and everyday amenities. A private backyard and mature tree line add outdoor separation around the structure, while the spacious lot provides room surrounding the building.

Key Highlights

  • Four units, each approximately 1,000 square feet
  • Each residence includes 2 bedrooms and 1 full bathroom
  • Rear decks, washer/dryer hookups, and off‑street parking

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store HVAC Service

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

4
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,004
Businesses Nearby

Demographics for 62704, IL

39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
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?
Quadplex - Well-maintained multifamily property with practical layouts, individual utility responsibility, outdoor space, and off-street parking.
Where is this quadplex located?
The property is located at 2811 MONMOUTH Court Springfield, IL.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Four units, each approximately 1,000 square feet; Each residence includes 2 bedrooms and 1 full bathroom; Rear decks, washer/dryer hookups, and off‑street parking
More about this property
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