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524 E Ridgely Avenue #G, H, I, J, K L

Springfield, IL 62702
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Great opportunity to own a 6 units just a couple blocks away from Lincoln Park. One building is a 4-plex and the other is a duplex. All fully occupied with a total gross monthly income of $3,850. New roof layover just installed in August 2024. New siding on the 4-plex. Tenant pays for all utilities. Owner pays for garbage expense.

Detail Ic Property Details

Property Type : Residential Income

Price : $250,000

AD Id : 78335733

MLS Id : CA1043636

Year Built : 1983

County : Sangamon

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Feature Features

  • Room Information

    Basement: None
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Refrigerator, Water Heater, Range
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1983 Building Area Total: 6000 Construction Materials: Vinyl Siding, Wood Siding Private Pool: No Association Fee Frequency: Monthly

  • Lot Information

    Lot Dimensions: 66 x 130 x 75 Lot Description: Level, Other

    Property Information

    Subdivision: None Source Property Type: Residential Income MLS Area Minor: Springfield Property Age: 43

  • Listing Price Information

    Listing Price: $250000

  • Tax Information

    Parcel Number: 14220326048 Tax Year: 2026 Annual Tax: $6625 Tax Legal Desc: See tax records

  • Parking Information

    Parking Total: 6 Other
    Homeowners Association Information
    Has Association: Yes

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: Springfield District #186
  • Location Information

    Direction: IL Rt 4 to East on Browning Rd. Right on N 5th St. Left on Ridgely. 6-plex is in the back. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
820 N 6th Street, Springfield, IL, 62702 $17,500 3 2 2,256 2,256 SqFt
1624 N 28th Street, Springfield, IL, 62702 $94,900 2 1 704 704 SqFt
2908 Ocala Lane, Springfield, IL, 62702 $139,500 2 2 1,273 1,273 SqFt
3721 Wollesen Lane, Springfield, IL, 62702 $250,000 -- -- --
905 N Wesley Street, Springfield, IL, 62702 $42,000 2 1 700 700 SqFt
2334 Ramsey Avenue, Springfield, IL, 62702 $141,900 3 1 865 865 SqFt
2335 Ramsey Avenue, Springfield, IL, 62702 $69,000 3 1 864 864 SqFt
1925 Catalina Lane, Springfield, IL, 62702 $899,000 1 1 1,796 1,796 SqFt
50 Midland Court, Springfield, IL, 62702 $139,900 3 1 900 900 SqFt
1707 E Moffat Avenue, Springfield, IL, 62702 $65,000 2 1 880 880 SqFt

Based on information submitted to the MLS GRID as of 07/21/2026 @ 19:09. 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 07/21/2026 @ 19:09

MLS: CA1043636 LISTED BY: Jami Winchester, The Real Estate Group, Inc. 217-787-7000 SOURCE: RMLS Alliance

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