Welcome Home

19478 Springfield Road, Groveland, IL 61535

$569,000

6,200 sq ft
MLS# 1257871
I want more information
New Listings
Price Reductions
Neighborhood Trends
Value of My Home
Coming to Peoria
Leaving Peoria

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.

Property Details

City
Groveland
County
Tazewell
Subdivision
Pine Hill
Schools
  • Morton
Type
Residential Income
Garage
  • Parking Pad
New Construction
No
Square Ft.
6,200
Apx Lot Size
.44
Year Built
1979

Features

Roofing
  • Shingle
Garage/Parking
  • Parking Pad
Basement
  • None
Heating/Cooling
  • Forced Air
Water/Sewer
  • Public Sewer
  • Public
Road/Access
  • Paved
Laundry Facilities
  • Common Area
Lease Information
  • One Year Or Less

Financials

2024 Taxes
7260.14
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of R & R Realty, Tonya Crawford, as of 02/09/2026 14:15pm exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.