Listing Agency: RE/MAX Professionals · RE/MAX International m***@remax.net Show Phone

Listed By: Ronald Duff · License #471.001747 Show Phone

Added: Aug 10, 2020 Changed: Aug 19 Last Checked: Aug 21 at 11:06AM

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MLS# CA1001766

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Investment Insights

Based on property information with market context.

This multifamily property is located at 820 Converse Avenue in Springfield, Illinois. The offering also includes the address identified as 1339 N 9th.

Key Highlights

• 820 Converse Avenue, Springfield, IL 62702
• Includes 1339 N 9th

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Bakery (Bike/Boat/Book/etc) Store Daycare Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

757

Businesses Nearby

Explore this area Business Placement

Demographics for 62702, IL

33,712

Population

17,083

Households

2

Avg Household Size

41

Median Age

20%

College-Educated

90%

High-School Grad

15.4 sq mi

ZIP Area

2,189

Density / Sq Mi

$52,748

Median Household Income

$38,160

Median Earnings

$858

Median Rent

$102,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Multifamily property - The offering includes an additional address identified as 1339 N 9th.

Where is this multifamily property located?

The property is located at 820 Converse Avenue Springfield, IL.

What is the asking price?

The asking price for this property is $540,000.

What are key features of this property?

This property features: 820 Converse Avenue, Springfield, IL 62702; Includes 1339 N 9th