19478 Springfield Rd Groveland, IL 61535
Estimated payment $3,533/month
Highlights
- Forced Air Zoned Cooling and Heating System
- Level Lot
- Wood Siding
- Morton High School Rated A-
About This Home
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.
Listing Agent
R & R Realty Brokerage Phone: 309-696-7628 License #471.009760 Listed on: 05/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,260
Year Built
- Built in 1979
Home Design
- 6,200 Sq Ft Home
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Wood Siding
Parking
- 25 Parking Spaces
- Parking Pad
Schools
- Morton High School
Additional Features
- 2 Bedrooms
- Level Lot
- Forced Air Zoned Cooling and Heating System
Community Details
- Pine Hill Subdivision
- Trash Expense $936
Listing and Financial Details
- Assessor Parcel Number 05-05-22-405-001
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,910 | $106,170 | $14,690 | $91,480 |
| 2023 | $6,910 | $97,480 | $13,490 | $83,990 |
| 2022 | $6,715 | $90,170 | $12,480 | $77,690 |
| 2021 | $6,450 | $86,700 | $12,000 | $74,700 |
| 2020 | $6,275 | $86,700 | $12,000 | $74,700 |
| 2019 | $6,556 | $90,760 | $8,620 | $82,140 |
| 2018 | $6,435 | $90,760 | $8,620 | $82,140 |
| 2017 | $6,268 | $87,930 | $8,350 | $79,580 |
| 2016 | $6,200 | $87,930 | $8,350 | $79,580 |
| 2015 | $6,015 | $0 | $0 | $0 |
| 2013 | $5,958 | $87,930 | $8,350 | $79,580 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | Price Changed | $569,000 | -0.2% | $92 / Sq Ft |
| 11/10/2025 11/10/25 | Price Changed | $570,000 | -1.7% | $92 / Sq Ft |
| 10/29/2025 10/29/25 | Price Changed | $580,000 | -1.2% | $94 / Sq Ft |
| 09/17/2025 09/17/25 | Price Changed | $587,000 | -0.2% | $95 / Sq Ft |
| 08/28/2025 08/28/25 | Price Changed | $588,000 | -0.2% | $95 / Sq Ft |
| 08/06/2025 08/06/25 | Price Changed | $589,000 | -0.2% | $95 / Sq Ft |
| 06/20/2025 06/20/25 | Price Changed | $590,000 | -1.5% | $95 / Sq Ft |
| 05/13/2025 05/13/25 | For Sale | $599,000 | -- | $97 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $260,000 | Hometown Title | |
| Warranty Deed | $240,000 | First American |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $228,800 | New Conventional | |
| Previous Owner | $180,000 | Commercial |
Source: RMLS Alliance
MLS Number: PA1257871
APN: 05-05-22-405-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID
- 19314 Springfield Rd
- 417 Apache Way
- 210 Apache Way
- 12 Lakeview Dr
- 232 Norman Dr
- 357 Bessler Lake Dr
- 112 Heatherview Dr
- 18775 Unsicker Rd
- 3661 Cole Hollow Rd
- 109 Alvin St
- 105 Groveland St
- 015 Harris Rd
- Lot 4 Harris Rd
- 0 Pinecrest Dr
- Lot 1 Briarbrook Dr
- Lot 2 Briarbrook Dr
- 110 Susan Ct
- 118 Susan Ct
- 130 Susan Ct
- 126 Susan Ct
- 2010 W Jackson St
- 11-49 Ruth Cir
- 120 E Queenwood Rd
- 150 Yordy Rd
- 108 S Maple Ave
- 120 W Jefferson St
- 928 S Stewart St Unit 1
- 216 E Washington St
- 1500 S Missouri Ave
- 935 E Jefferson St
- 204 Pekin Ave Unit 2
- 661 Harding Rd
- 1 Williamsburg Ct Unit A
- 1902 Sheridan Rd Unit 2
- 3 Williamsburg Ct Unit B
- 1200 Florence Ave
- 1225 Florence Ave
- 2219 N Glendale Dr
- 1417 Willow St
- 501 W Washington St
Ask me questions while you tour the home.