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For sale
  • $569,000

    19478 Springfield Rd, Groveland, IL 61535

    2beds
    5baths
    6,200sqft
    : 
    Multi Family
    Built in 1979
    -- sqft lot
    $-- Zestimate®
    $92/sqft
    $-- HOA

    What's special

    Fully occupied and newly remodeled mixed-use building featuring 2 residential apartments and 3 commercial units. Long term tenants and long-term leases with a strong 9.07% cap rate and minimal landlord responsibilities. In place NOI of $51,216, and gross income of $62,556. Ideal for investors seeking stable cash flow and turn key property.
    333 days
    |
    471
    |
    7
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 09, 2026 at 12:01pm

    Listed by:

    Tonya Crawford Office:309-696-7628,

    R & R Realty

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1257871MLS LogoOriginating MLS: Peoria Area Association of Realtors

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 5
      Heating
      • Forced Air
      Cooling
      • Zoned, Central Air, Central Air
      Appliances
      • Included: Dryer, Range, Refrigerator, Washer, Water Heater
      • Laundry: Common Area
      Features
      • Basement: None
      Interior area
      • Total structure area: 6,200
      • Total interior livable area: 6,200 sqft

      Property

      Parking
      • Total spaces: 25
      • Parking features: Parking Pad
      • Has uncovered spaces: Yes
      Lot
      • Size: 0.44 Acres
      • Dimensions: .44
      • Features: Level
      Details
      • Parcel number: 050522405001

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick Partial, Wood Siding
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1979

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Pine Hill
      Location
      • Region: Groveland

      Financial & listing details

      • Price per square foot: $92/sqft
      • Tax assessed value: $318,510
      • Annual tax amount: $7,260
      • Date on market: 5/14/2025
      • Cumulative days on market: 334 days
      • Lease term: One Year or Less
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,092/mo

        Price history

        Price history
        DateEventPrice
        11/20/2025Price change$569,000-0.2%$92/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1257871 Report a problem
        11/10/2025Price change$570,000-1.7%$92/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1257871 Report a problem
        10/29/2025Price change$580,000-1.2%$94/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1257871 Report a problem
        9/17/2025Price change$587,000-0.2%$95/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1257871 Report a problem
        8/28/2025Price change$588,000-0.2%$95/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1257871 Report a problem
        8/6/2025Price change$589,000-0.2%$95/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1257871 Report a problem
        6/20/2025Price change$590,000-1.5%$95/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1257871 Report a problem
        5/14/2025Listed for sale$599,000+130.4%$97/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1257871 Report a problem
        6/3/2019Sold$260,000+8.3%$42/sqft
        Source: Public Record Report a problem
        2/23/2007Sold$240,000$39/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$7,260 +5.1%$106,170 +8.9%
        2023$6,910 +2.9%$97,480 +8.1%
        2022$6,715 +4.1%$90,170 +4%
        2021$6,450 +2.8%$86,700
        2020$6,275 -4.3%$86,700 -4.5%
        2019$6,556 +1.9%$90,760
        2018$6,435 $90,760 +3.2%
        2017$6,435 +2.7%$87,930
        2016$6,268 +4.2%$87,930
        2015$6,015 +1%--
        2013$5,958 $87,930

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $3,753/mo
        Principal & interest
        $2753
        Property taxes
        $1000
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          Climate risks

          Neighborhood: 61535

          Getting around

          12 / 100
          Car-Dependent
          28 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • High: Morton

          Source: RMLS Alliance as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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