612 S South Grand Ave W, Springfield, IL 62703

Full of character, charm, and income potential, this near west side property is ideally located just off the intersection of South Grand and Walnut. Perfect for an investor or owner-occupant seeking a mixed-use opportunity with multiple revenue streams, this property offers a combination of commercial and residential space with off-street parking and numerous updates. The main level has served as a successful hair and nail studio for over 30 years, providing excellent visibility and potential for continued commercial use or conversion to other business types. The upper levels feature two additional apartments, while the finished basement space provides further income potential. With 14 off-street parking spaces, the property easily accommodates tenants, customers, or staff. The building's historic character is evident throughout, from its architectural details to the appealing floor plan. Recent improvements include a roof installed less than 10 years ago, replaced sewer lines, many newer windows, and a newer A/C system. The second and third- floor apartments pay their own electric and supplement the building's A/C with window units. An exterior fire stair on the east side provides access to the third floor. Current rents are as follows: Basement $500, 2nd floor $850, and 3rd floor $590, with projected potential of 1st floor $1,200, basement $650 2nd floor $1,100, and 3rd floor $800, offering solid upside for future investors.