For sale

$250,000

524 E Ridgely Ave #G-h, Springfield, IL 62702

4beds

8baths

6,000sqft

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Multi Family

Built in 1983

-- sqft lot

$239,500 Zestimate^®

$42/sqft

$-- HOA

What's special

Great opportunity to own a 6 units just a couple blocks away from Lincoln Park. One building is a 4-plex and the other is a duplex. All fully occupied with a total gross monthly income of $3,850. New roof layover just installed in August 2024. New siding on the 4-plex. Tenant pays for all utilities. Owner pays for garbage expense.

34 days

548

35

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 8

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Range, Refrigerator, Water Heater

Features

Basement: None

Interior area

Total structure area: 6,000
Total interior livable area: 6,000 sqft

Property

Parking

Total spaces: 6

Lot

Size: 1,770 Square Feet
Dimensions: 66 x 130 x 75
Features: Level, Other

Details

Parcel number: 14220326048

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding, Wood Siding
Roof: Shingle

Condition

New construction: No
Year built: 1983

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: None

Location

Region: Springfield

Financial & listing details

Price per square foot: $42/sqft
Annual tax amount: $6,625
Date on market: 5/11/2026
Cumulative days on market: 35 days
Tenant pays: All Utilities

Estimated market value

$239,500

$228,000 - $251,000

$1,189/mo

Price history

Date	Event	Price
5/11/2026	Listed for sale	$250,000$42/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA1043636 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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