About This Home

This 0-bedroom, 0-bathroom commercial at 19478 SPRINGFIELD Road in Groveland, IL is listed for $564,900. Built in 1979, on a 0.44 acres lot.

Key Features

  • Built in 1979
  • 0.44 acre lot
  • 2 stories
  • 25 parking spaces

Property Details

2 stories
25 spaces
1979

Amenities

A/C
Listing Description

Fully occupied and newly remodeled mixed-use building featuring 2 residential apartments and 3 commercial units. Long term tenants and long-term leases with a strong 9.07% cap rate and minimal landlord responsibilities. In place NOI of $51,216, and gross income of $62,556. Ideal for investors seeking stable cash flow and turn key property.

Monthly Cost Estimate

$3,021/mo

20% down · 6.5% · 30 years

Principal$409
Interest$2,448
Insurance$165

Estimates only. Actual payments may vary.

Location

19478 SPRINGFIELD Road

Groveland, IL 61535

Property Details

Flooring

ConcreteTileCarpet

Construction

Brick Vinyl Siding Wood Siding Frame

Heating

Forced AirNatural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 19478 SPRINGFIELD Road is listed at $564,900. The estimated monthly payment is $3,021 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1979, 0.44 acre lot, 2 stories, 25 parking spaces.

This property is listed by Tonya Crawford.

TC

Tonya Crawford

Agent at R & R REALTY

Listed by R & R REALTY · Broker phone: (309) 696-7628

MLS# PA1257603· Source: RMLS Alliance· 543 days on PropertySimple

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

19478 SPRINGFIELD Road, Groveland, IL 61535

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