3260 River Rd Riverton, IL 62561
- Added:
- Apr 3, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 3 at 4:54 am
Property Features for 3260 River Rd
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent Teddy Kenny License #IN: RB22001936 (317) 218-5365
Listing office Indianapolis Office (317) 218-5365
Listing date Apr 3, 2026
Source Marcusmillichap
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 Indianapolis Office
Overview
Maple Tree Townhomes & Condos
Maple Tree Townhomes & Condos is a 35-unit apartment complex located in Riverton, IL, approximately 15 minutes from Springfield, IL. Constructed predominantly from 1993-1998, the property includes ten 2-bedroom/1.5-bath apartments, two 2-bedroom/1-bath apartments, four 3-bedroom/1.5-bath apartments, and nineteen 3-bedroom/2-bath apartments. Each unit features an attached garage. The 2-bedroom units average approximately 1,008 square feet, with current blended rents of $955. Comparable nearby properties average $1,180. The 3-bedroom units average approximately 1,373 square feet, with current blended rents of $1,087, while comparable properties average $1,469. This rent delta suggests an opportunity for value-add interior renovations to drive revenue growth. The property offers investors the opportunity to acquire well-maintained units near Springfield, Illinois. The property is positioned for both near-term upside and long-term performance.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Riverton
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.548935
- Latitude
- 39.853265
FAQs
What type of property is this?
Apartment building - 35-unit apartment complex in Riverton, IL near Springfield.
Where is this apartment building located?
The property is located at 3260 River Rd Riverton, IL.
What is the asking price?
The asking price for this property is $2,820,000.
What are key features of this property?
This property features: Value‑add potential through interior renovations to increase rents.; 35 well‑maintained units in a desirable location near Springfield, IL.; Every unit has an attached garage.
