524 E Ridgely Avenue #G, H, I, J, K L
Springfield, IL 62702
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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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
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Building Information
Year Built: 1983 Building Area Total: 6000 Construction Materials: Vinyl Siding, Wood Siding Private Pool: No Association Fee Frequency: Monthly
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Lot Information
Lot Dimensions: 66 x 130 x 75 Lot Description: Level, OtherProperty Information
Subdivision: None Source Property Type: Residential Income MLS Area Minor: Springfield Property Age: 43
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Listing Price Information
Listing Price: $250000
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Tax Information
Parcel Number: 14220326048 Tax Year: 2026 Annual Tax: $6625 Tax Legal Desc: See tax records
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Parking Information
Parking Total: 6 OtherHomeowners Association InformationHas Association: Yes
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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
How much is this property worth?
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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 |
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Nearby For Sale
Based on information submitted to the MLS GRID as of 07/21/2026 @ 11:13. 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 @ 11:13
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