Mixed-Use Building with
For Sale
Contact for pricing
612 W South Grand Avenue, Springfield, IL 62704
Main level has operated as a hair and nail studio, with two apartments above and finished basement income space.
Property SizeContact for details
Days on Market119
Property Features for 612 W South Grand Avenue
General Information
Standard status
Active
Total Parking Spaces
4
Property subtype
Land
Zoning
residential
Additional Details
Multifamily Units
2
Building Details
Stories
3
Tenancy
Multi
Listing Agency:
RE/MAX Professionals
(217) 341-5393
Listed By:
Jim Fulgenzi · License #471021607
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 23 at 2:50PM
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 RE/MAX Professionals
Investment Insights
Based on property information with market context.
This mixed-use building combines a commercial level with residential income. The main level has served as a hair and nail studio for 30+ years, and the upper floors include two additional apartments. A finished basement adds further income space, and an exterior fire stair on the east side provides access to the third floor. The property also has 4 off-street parking spaces to support tenants, customers, and staff.
Recent improvements include a roof installed less than 10 years ago, replaced sewer lines, many newer windows, and a newer A/C system. The second and third-floor apartments pay their own electric and use window units to supplement the building’s A/C. Current rents are listed as Basement $500, 2nd floor $850, and 3rd floor $590, with projected potential of 1st floor $1,200, basement $650, 2nd floor $1,100, and 3rd floor $800. The property is zoned residential with a use variance for the hair salon.
Recent improvements include a roof installed less than 10 years ago, replaced sewer lines, many newer windows, and a newer A/C system. The second and third-floor apartments pay their own electric and use window units to supplement the building’s A/C. Current rents are listed as Basement $500, 2nd floor $850, and 3rd floor $590, with projected potential of 1st floor $1,200, basement $650, 2nd floor $1,100, and 3rd floor $800. The property is zoned residential with a use variance for the hair salon.
Key Highlights
- Near West side mixed‑use property off the intersection of S. Grand and Walnut
- Main level has operated as a hair and nail studio for 30+ years; zoned residential with a use variance for the hair salon
- Income setup includes 2 apartments (2nd and 3rd floors) plus a finished basement space
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
902
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Main level has operated as a hair and nail studio, with two apartments above and finished basement income space.
Where is this triplex located?
The property is located at 612 W South Grand Avenue Springfield, IL.
What are key features of this property?
This property features: Near West side mixed‑use property off the intersection of S. Grand and Walnut; Main level has operated as a hair and nail studio for 30+ years; zoned residential with a use variance for the hair salon; Income setup includes 2 apartments (2nd and 3rd floors) plus a finished basement space
