Solid income producing 4 plex, close to Washington Park and Downtown. There is plenty of room to pave a parking lot in the rear of the building. Owner pays utilities. Monthly rental income is $2,950, with monthly expenses of $1,015, or annual income of $34,500 with annual expenses of 12,180. Priced at a 14.01 capitalization rate.
Property Features
Water Features
Public
Parking
On Street
Basement
Partial
School Information
School Information for 545 S LINCOLN, Springfield, IL 62704
Elementary School
N/A
Middle School
N/A
High School
Springfield District #186
Based on information submitted to the MLS GRID as of 2025-12-17 22:30:35. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-12-17 22:30:35
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Market statistics compiled from data from Midwest Real Estate Data.