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545 S LINCOLN
Springfield IL 62704 US

$150,000

Active Listing ID CA1039242
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$150,000

Active Listing ID CA1039242
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545 S LINCOLN Solid income producing 4 plex, close to Washington Park and Downtown. There is plenty of room to pave a parking lot in the rear of the building. Owner pays utilities. Monthly rental income is $2, 950, with monthly expenses of $1, 015, or annual income of $34, 500 with annual expenses of 12, 180. Priced at a 14.01 capitalization rate.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Level
  • Roof Type: Shingle

School Information

  • School
  • Springfield District #186(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 150000
  • unparsedaddress: 545 S LINCOLN
  • postalcity: Springfield
  • stateorprovince: IL
  • country: US
  • postalcode: 62704
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 2268
  • livingareaunits: Square Feet
  • latitude: 39.796412
  • longitude: -89.673152
  • listagentfullname: Jay Clark
  • listagentemail: jclark@thegroup.com
  • listagentkey: 3yd-PAARIL-CA7229
  • listagentmlsid: CA7229
  • listagentpreferredphone: 2177253402
  • listagentofficephone: 2177877000
  • listofficekey: 3yd-PAARIL-CA2050
  • listagentstatelicense: 475103848
  • listofficemlsid: CA2050
  • disclaimer: Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: PAARIL
  • yearbuilt: 1900
  • listingcontractdate: 2025-09-16
  • listagenturl: https://www.searchillinoishomesforsale.com
  • countyorparish: Sangamon
  • parcelnumber: 14320277041
  • highschool: Springfield District #186
  • constructionmaterials: Masonite, Wood Siding
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 2
  • parkingfeatures: On Street
  • roof: Shingle
  • waterfrontyn: False
  • exteriorfeatures: Level
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.67315, 39.796413
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"The Real Estate Group, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jclark@thegroup.com", "ListBrokerageCity":"Springfield", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mikeo@thegroup.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"The Real Estate Group, Inc.", "ListBrokeragePhone":"(217) 787-7000", "ListBrokeragePostalCode":"62711", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3701 W Wabash Ave", "ListBrokerageWebsiteUrl":"https://www.searchillinoishomesforsale.com", "ListOfficeAddress1":"3701 West Wabash", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Springfield", "ListOfficeCountry":"US", "ListOfficeEmail":"mikeo@thegroup.com", "ListOfficePostalCode":"62711", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Springfield, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/545-S-Lincoln-Ave_Springfield_IL_62704_M84884-45953?f=listhub&s=PAARIL&m=CA1039242&c=rexren", "MLSModificationTimestamp":"2025-09-16T15:01:18Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Residential Income", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4479, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/16/2025 11:08:35 PM GMT
Source Updated Date: 12/5/2025 12:40:34 PM GMT

Courtesy of: Jay Clark, The Real Estate Group, Inc., jclark@thegroup.com

Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.