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Four-Unit Multifamily Property
For Sale
$369,900

2811 MONMOUTH Court, Springfield, IL 62704

MULTI_FAMILY - Springfield, IL

Property SizeContact for details
Days on Market9

Property Features for 2811 MONMOUTH Court

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 8, Bedroom 2, Bathroom 3, Bedroom 6, Bathroom 4, Bedroom 1, Bedroom 4
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 Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Amenities

washer/dryer hookups
rear deck
off-street parking

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: Aug 17 Last Checked: Aug 21 at 3:06AM
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.

This 1979 quadplex contains four residential units, each offering approximately 1,000 square feet with two bedrooms, one full bathroom, a living room, and an eat-in kitchen. Unit features include washer and dryer hookups, rear decks, and off-street parking. The building has central air, aluminum and vinyl siding, a shingle roof, and public water service. The property is being sold as-is.

Set on a cul-de-sac in west Springfield, the property is positioned west of Veterans Parkway and near shopping, dining, and everyday amenities. The lot includes a private backyard with a mature tree line and open space around the building.

Key Highlights

  • Four‑unit multifamily building constructed in 1979
  • Each unit is approximately 1,000 square feet with two bedrooms and one full bathroom
  • Rear decks, washer and dryer hookups, and off‑street parking serve each unit

Property Analytics

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
Yes
Utilities to site

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

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 - Four residential units offer two-bedroom layouts, private outdoor space, laundry hookups, 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 $369,900.
What are key features of this property?
This property features: Four‑unit multifamily building constructed in 1979; Each unit is approximately 1,000 square feet with two bedrooms and one full bathroom; Rear decks, washer and dryer hookups, and off‑street parking serve each unit
More about this property
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