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524 E Ridgely Avenue

Springfield, IL 62702
  • $249,900
  • STATUS: Active
  • ON SITE: 168 Days
  • ID#: CA1030828
UPDATED: 42 min ago
$249,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
None
Type:
Multi-Family
Built:
1983
County:
Sangamon
Area:
Springfield

School Information

School Ratings & Info

Description

Great opportunity to own a 6 units just a couple blocks away from Lincoln Park. All fully occupied with a total gross monthly income of $3,550. New roof layover just installed in August 2024. Tenant pays for all utilities. Owner pays for garbage expense.

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© 2025 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kinney Garst Sales Team | The Real Estate Group. Data last updated: 2025-01-15T13:45:09.21.
www.kathygarst.com/homes/153100055
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524 E Ridgely Avenue Springfield, IL 62702

  • Price: $249,900
  • Status: Active
  • On Site: 168 Days
  • Updated: 42 min ago
  • ID#: CA1030828
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1983
Built
Neighborhood:
None
County:
Sangamon
Area:
Springfield
High School:
Springfield District #186
Property Description
Great opportunity to own a 6 units just a couple blocks away from Lincoln Park. All fully occupied with a total gross monthly income of $3,550. New roof layover just installed in August 2024. Tenant pays for all utilities. Owner pays for garbage expense.
Exterior Features

Construction Materials Wood Siding Parking Features Other Parking Total 6 Roof Shingle

Interior Features

Basement None Building Area Total 6000 Heating Forced AirCentral Air Number Of Central Air Units 6 Number Of Electric Meters 6 Number Of Gas Meters 6 Number Of Heating Units 6 Number Of Ranges 6 Number Of Water Heaters 6 Numberof Refrigerators 6

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Gross Income 42600 Insurance Expense 1566 Lot Features LevelOther Lot Size Dimensions 66 x 130 x 75 Manager On Site YN No Net Operating Income 31581 New Construction YN No Number Of Water Meters 6 Operating Expense 4856 Repossessed No Structure Type One Story Tax Annual Amount 6163 Tax Legal Description See tax records Tax Year 2023 Trash Expense 1860 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Jami Winchester of The Real Estate Group, Inc.: Mobl: 217-306-1000.
© 2025 RMLS Alliance, LLC. All Rights Reserved.


© 2025 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kinney Garst Sales Team | The Real Estate Group. Data last updated: 2025-01-15T13:45:09.21.
 
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Kinney Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711