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    Grandview, IL Southern View, IL Sherman, IL Riverton, IL Rochester, IL Chatham, IL Cantrall, IL Decatur, IL
    Tri-Plex With Detached Garage
    Updated: Jul 6
    Tri-Plex With Detached Garage

    1520 N 4TH Street, Springfield, IL 62702

    $185,000
    Tri‑plex with three income‑producing units, including a main‑level 3‑bedroom, 1.5‑bath residence plus a 1‑bedroom and an efficiency apartment
    Year built 1915 with vintage character, including a brick fireplace in the main level living area
    Eat‑in kitchen with oversized windows for natural light in the main level residence
    Utilities: natural gas forced‑air heating and public water service
    Exterior materials include aluminum siding with partial brick
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Unit Historic Income Property
    Three-Unit Historic Income Property

    703 N Carolina Street, Louisiana, MO 63353

    $159,900
    3,926 sqft 0.21 AC lot

    Historic three-unit residential income property with two occupied units and one vacant unit ready for move-in.

    View details
    Historic Three-Unit Income Property
    Historic Three-Unit Income Property

    703 N Carolina Street, Louisiana, MO 63353

    $139,900
    0.21 AC lot

    Two units are occupied and one is vacant in this historic three-unit property with in-unit stoves and refrigerators.

    View details
    Charming Three-Unit Investment Property
    Charming Three-Unit Investment Property

    307 S Mclean Street, Bloomington, IL 61701

    $279,000

    Updated three-unit property with stained glass, hardwood floors, and tenants.

    View details
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    810 W Market Street, Bloomington, IL 61701

    $110,000

    Triplex with three rental units and an unfinished basement, offering additional storage and straightforward in-unit appliances.

    View details

    Springfield, IL Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Springfield, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $185,000.

    Sale prices for three-family homes in Springfield, IL start at $185,000, averaging $185,000, and reaching up to $185,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 13
    Apartment buildings 6
    Mobile home & RV parks 3
    Quadplexes 2
    Small apartment buildings 1

    Demographics Overview

    Population 138K
    Population Growth (5Y) +1.9%
    Median Household Income $70,314
    College Educated 9.5%

    High-Yield Neighborhoods for Investment

    Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62701 $549.9K

    Taxes & Financing

    Tax Rate (average for all types) 8.64%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sangamon County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

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