About This Home

This 2-bedroom, 5-bathroom residential multi family at 19478 SPRINGFIELD Road in Groveland, IL is listed for $564,900. Built in 1979, on a N/A lot.

Key Features

  • Built in 1979
  • 25 parking spaces

Property Details

2 full, 3 half
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

Pine Hill

Property Details

Construction

Brick Partial Wood Siding

Heating

Forced Air

Cooling

Central AirZoned

Questions & Answers

This 2-bedroom, 5-bathroom residential multi family 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, 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 · View on Broker Site

MLS# PA1257871· Source: RMLS Alliance· 532 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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