2510 & 2518 W Jefferson Street
Springfield, IL 62702
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Bed
0
Bath
6.60Acres(Lot)
Fully Occupied 10-Unit Investment Property on 6.5 Acres Excellent opportunity to own a 10-unit multifamily property located in the desirable Springfield High School District. This property consists of two 5-unit buildings (2510 & 2518 W Jefferson) and is fully rented with a total monthly income of $7,965. Tenants pay electric and gas. Owner pays water, sewer, trash, and mowing. Situated on 6.5 acres with R3 County zoning, the property offers future development potential. A duplex previously stood on the property and was lost to a fire many years ago, providing the opportunity to rebuild at least one additional multi-unit structure. There is also ample space for further expansion, subject to zoning and county approval. The property features a creek, wooded areas, and a gazebo, creating a pe
Property Details
Map
Map
Features
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Room Information
Has Basement: Yes Basement: Finished -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Refrigerator, Water Heater, Range, Dryer, Dishwasher Laundry Features: Other -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Natural Gas Has Cooling: Yes Cooling: Central Air, Window Unit(s), Wall Unit(s)
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Building Information
Building Area Total: 6180 Construction Materials: Other Private Pool: No Water front Features: Creek Association Fee Frequency: Monthly
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Lot Information
Lot Dimensions: 392x132x165x170x200 Lot Size Acres: 6.6 Lot Description: Other, WoodedProperty Information
Subdivision: None Source Property Type: Residential Income MLS Area Minor: Springfield
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Listing Price Information
Listing Price: $749800 Original Price: $799800
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Tax Information
Parcel Number: 1430203014 Tax Year: 2024 Annual Tax: $6601 Tax Legal Desc: PT S OF RD OF CREEK IN W 1/2 NE 1/4 30-16-5
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Parking Information
Parking Total: 30 Parking PadHomeowners Association InformationHas Association: Yes
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School Information
Elementary School:Junior High School:Senior High School: Springfield -
Location Information
Direction: GPS WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1702 E Cummins Avenue, Springfield, IL, 62702 | $55,753 | 2 | 1 | 696 | 696 SqFt |
| 905 N Wesley Street, Springfield, IL, 62702 | $42,000 | 2 | 1 | 700 | 700 SqFt |
| 3229 E Enos Avenue, Springfield, IL, 62702 | $104,900 | 3 | 1 | 1,023 | 1,023 SqFt |
| 1624 N 28th Street, Springfield, IL, 62702 | $94,900 | 2 | 1 | 704 | 704 SqFt |
| 2413 E North Grand Avenue, Springfield, IL, 62702 | $163,900 | 4 | 2 | 1,664 | 1,664 SqFt |
| 2335 Ramsey Avenue, Springfield, IL, 62702 | $75,000 | 3 | 1 | 864 | 864 SqFt |
| 2201 E Converse Street, Springfield, IL, 62702 | $119,900 | 3 | 1 | 1,226 | 1,226 SqFt |
| 2309 Griffiths Avenue, Springfield, IL, 62702 | $229,000 | 3 | 2 | 2,300 | 2,300 SqFt |
| 1925 Catalina Lane, Springfield, IL, 62702 | $899,000 | 1 | 1 | 1,796 | 1,796 SqFt |
| 1617 Matheny Avenue, Springfield, IL, 62702 | $67,000 | 2 | 1 | 831 | 831 SqFt |
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Based on information submitted to the MLS GRID as of 06/16/2026 @ 00:15. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
ByOwner last updated this listing 06/16/2026 @ 00:15
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