About This Home
Four separate units are fully rented, providing established occupancy for this commercial property at 212 W LAUREL Street in Springfield, Illinois. The property sits on a 0.27-acre lot and includes a six-year flat rubber roof. Tenants pay all of their own utilities, while the owner covers trash removal and groundskeeping.
Heating is provided by natural gas forced air, with central air cooling. The zoning was changed from R5B to S1 to allow a small retail business, adding flexibility for commercial use. This broker-owned property is offered at $123,000 and is presented as an investment opportunity with stable rental income from its four occupied units.
With no bedrooms or bathrooms listed, the property is described as commercial rather than residential. Its Springfield location and separate-unit configuration offer a straightforward setup for an owner or investor seeking an occupied commercial property.
Key Features
- 0.27 acre lot
Property Details
Amenities
Great Investment Property with four separate units, all units are fully rented with great stable incomes, six years flat rubber roof, tenants pay all their utilities, owner pays the trash removal and groundskeeping, zone changed from R5B to S1 to allow small retail business. Broker Owned.
Monthly Cost Estimate
$658/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
212 W LAUREL Street
Springfield, IL 62704
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 212 W LAUREL Street is listed at $123,000. The estimated monthly payment is $658 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.27 acre lot.
This property is listed by Jerry George and can be reached at 2176381360.
