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Sold on 09/18/2023

34003410 Gaines Mill Rd, Springfield, IL 62704

  • $425,000

    Last sold 09/18/2023 after 165 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 34003410 Gaines Mill Rd

Property type Multi-family
Neighborhood
Year built 1992
HOA fee $0/month
Rental estimate
Property description
8 RENTED units in this excellent building currently generating over 6k in rental income per month! Four 2BR/1BA and four 1BR/1BA units in a well kept building that includes the vacant lot next door. Parking lot behind building for assigned tenant parking. Variable lease terms. Expenses available. No sign on property, do not disturb tenants.
Listed by
Listing Agent Contact: Mobl: 217-741-4040
Listing Office - The Real Estate Group, Inc.
Source: RMLS Alliance mls logo
MLS#CA1021393 • last updated 2 years ago
Movoto checked RMLS Alliance for data 46 minutes ago
Overview
Heating Electronic Air Filter, Forced Air, Central Air
Levels/Style Apartment Building
MLS # CA1021393
Status Sold
SubType Residential Income
Property Tax 8793
Year Built 1992
Exterior
Roof Shingle
Construction Vinyl Siding
Parking Assigned
# of Parking Spaces 8
Lot Features Extra Lot, Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Springfield District #186
APN 22-08.0-378-007
Directions Take Chatham Road To Westchester Blvd. Turn Left. Follow To Gaines Mill.
Multifamily Details
Total # of Units 8
Net Operating Income -2743
Gross Income 6050
Gross Scheduled Income 6050
Lot/ Land Details
Add'l Parcel(s) 22-08.0-378-008
Road Surface Paved
Rental est.: $910/month
Gross rent multiplier: 38.9
  • 34003410 Gaines Mill Rd
    $425K
  • Springfield
    —
  • 62704
    $207K +9% y/y
  • Springfield
    $184K 0% y/y
No chart available
Statistics calculated by Movoto

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6/10
Lindsay School
public Grades K-5
Springfield School District 186
1/10
Jefferson Middle School
public Grades 6-8
Springfield School District 186
Source: GreatSchools.org © 2026. All rights reserved.

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  • 34003410 Gaines Mill Rd
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