520 E South Grand Avenue, Springfield, IL 62703

• 7,692 sqft

Property Description

Historic 12-Unit Brick Apartment Building with Fully Furnished 1-Bedroom Units Step into timeless charm with this well-maintained 3-story historic brick apartment building featuring 12 fully furnished 1-bedroom units. Each apartment comes move-in ready with a complete furniture package including living room and bedroom sets, kitchen essentials, and flat-screen TVs—making it ideal for both long-term tenants and short-term rental opportunities. The property boasts a reliable boiler system providing consistent heat throughout the building, while each unit is equipped with a window A/C for comfort year-round. Newer windows and a roof replacement completed around 2016 ensure long-term durability and energy efficiency. Several apartments received recent upgrades in 2025, including new furnishings, refreshed bathroom vanities, modern cabinetry, updated appliances, and refinished tub/showers. With its combination of historic character, updated features, and turnkey furnished units, this building is a rare investment opportunity offering stable income potential and long-term value. In order to minimize disrupting current tenants, 48 hours notice is required for showings.

Listing Status:

Active

Listing Office:

The Real Estate Group, Inc. : 217-787-7000

Listing Agent:

Debra Sarsany : 217-313-0580

MLS ID:

CA1040142

Interior

• Laundry: Common Area
• Basement: Full
• Heating: Hot WaterWall Unit(s)

Exterior

• Parking: OtherParking spaces: 12

Construction

• Roofing: Other

Location

• Originating MLS: rmlsa
• County: Sangamon

Lot

• Zoning: W 54'L 1 B 1 E.Isles Sub Lands #122-03.0-101-009

Utilities

• Water: Public SewerPublic

Financial

• Source: rmlsa

This listing courtesy of Debra Sarsany, The Real Estate Group, Inc.