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824 E Ridgely Avenue
Springfield IL 62702 US

$399,900

Active Listing ID CA1043403
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8 bed
bath icon
4.00 Bath (4 Full)
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Other

$399,900

Active Listing ID CA1043403
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824 E Ridgely Avenue This 4, 500 Square Foot, Six unit apartment building offers an outstanding investment opportunity with a variety of recent upgrades. The building itself, has undergone significant updating, including a new roof and all new siding in 2021. All six units have been renovated. With updates like multiple new HVAC systems and water heaters. the sale also includes an additional parcel to the west, with the potential to rebuild another six-unit structure on the site where a previous building stood. Prospective buyers should explore grant programs that may support this rebuilding opportunity, adding further value to the property. This is an ideal opportunity for investors looking for a property with minimal initial maintenance and significant growth potential. "Professional photography was taken prior to units being occupied"

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air
  • Roof Type: Shingle
  • Heating Fuels: Natural Gas, Forced Air
  • Additional Features
  • Basement

School Information

  • School
  • Springfield District #186(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 399900
  • unparsedaddress: 824 E Ridgely Avenue
  • postalcity: Springfield
  • stateorprovince: IL
  • country: US
  • postalcode: 62702
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.823358
  • longitude: -89.643647
  • listagentfullname: Kyle Killebrew
  • listagentemail: kyle@kylesells.com
  • listagentkey: 3yd-PAARIL-CA1964
  • listagentmlsid: CA1964
  • listagentpreferredphone: 2177414040
  • listofficekey: 3yd-PAARIL-CA2050
  • listofficemlsid: CA2050
  • disclaimer: Copyright © 2026 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: 1993
  • listingcontractdate: 2026-05-01
  • listagenturl: https://www.searchillinoishomesforsale.com
  • countyorparish: Sangamon
  • parcelnumber: 14-22.0-401-019
  • highschool: Springfield District #186
  • cooling: Central Air
  • constructionmaterials: Wood Siding
  • heating: Natural Gas, Forced Air
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 6
  • parkingfeatures: Assigned
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 3, Bedroom 1, Bedroom 8, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 7, Bathroom 1, Bathroom 2
  • basement: Crawl Space
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.64365, 39.823357
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"The Real Estate Group, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kyle@kylesells.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":"CA2050", "ListOfficeCity":"Springfield", "ListOfficeCountry":"US", "ListOfficeEmail":"mikeo@thegroup.com", "ListOfficePostalCode":"62711", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Springfield, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/824-E-Ridgely-Ave_Springfield_IL_62702_M92334-55663?f=listhub&s=PAARIL&m=CA1043403&c=rexren", "MLSModificationTimestamp":"2026-05-05 20:01:51", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7159, "TaxDescription":"Converse Sub Of Nw Pt. Se1/4 W. 60' Lot 2", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/5/2026 8:16:46 PM GMT
Source Updated Date: 5/10/2026 6:48:01 AM GMT

Courtesy of: Kyle Killebrew, The Real Estate Group, Inc., kyle@kylesells.com

Copyright © 2026 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.