19478 Springfield Rd Groveland, IL 61535
Estimated payment $3,639/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 |
|---|---|---|---|---|
| 2025 | $7,260 | $114,700 | $15,870 | $98,830 |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $260,000 | Hometown Title | |
| Warranty Deed | $240,000 | First American |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
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Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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- 1200 Florence Ave
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- 501 W Washington St
- 1820 Vienna Ct
Ask me questions while you tour the home.