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23222524
23222525

19478 SPRINGFIELD Road, Groveland, IL 61535

R & R Realty
Listed by R & R Realty
$569,000
424 days on market
Updated 145 days ago

19478 SPRINGFIELD Road

Details
APN 05-05-22-405-001
Property Type Office, Multifamily
Sub Type Traditional Office, Apartment Building (+1)
Square Footage 6,200
Units 5
Year Built 1979
Buildings 1
Acreage 0.440
Zoning comm
Parking Spaces 25 spaces
Parking Per SqFt 4.03

Office | 6,200 SqFt

Marketing 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.
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Listing Contacts

R & R Realty
Listed by R & R Realty

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Zoning

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C-1 CommercialNeighborhood CommercialNeighborhood Commercial District
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Last updated Mar 25, 2026 For deeper zoning details, reports are available at Zoneomics

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