910 S 2nd St
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910 S 2nd St
2 Unit Apartment Building $340,000 ($170,000/Unit) Springfield, IL 62704
Executive Summary
6 bed, 4 bath multifamily building available for sale. Zoned R-5B. Purchased in 2022, this property has undergone a full gut renovation, including new central air A/C units, electrical, and plumbing systems. A new parking lot with asphalt has been added in the rear, providing 4 spaces. Both units offer 3 bedrooms, 2 full bathrooms, and feature new bathrooms with modern finishes. Note: Construction tools and equipment are not included in the sale. Property is being sold as-is. Please refer to the attached proforma for additional details.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $340,000 | Apartment Style | Low Rise |
| Price Per Unit | $170,000 | Building Class | C |
| Sale Type | Investment | Building Size | 2,600 SF |
| Sale Conditions | High Vacancy Property | Average Occupancy | 0% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1960/2024 |
| Property Subtype | Apartment |
| Price | $340,000 |
| Price Per Unit | $170,000 |
| Sale Type | Investment |
| Sale Conditions | High Vacancy Property |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Building Size | 2,600 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2024 |
Site Amenities
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | - | 1,325 - 1,368 |
1 of 1
Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (76)
zoning
| Zoning Code | r-5b |
| r-5b |
-
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Kinzie Brokerage LLC
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910 S 2nd St
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