19478 Springfield Rd

$569,000
Price
—
Beds
—
Baths
6,200 Sq. Ft.
$92 / Sq. Ft.
6,200
Sq. Ft.
$92
per Sq. Ft.

Description

5 unit multifamily & commercial space building in great location with yearly gross rental income of $67,560. Long term tenants and low overhead property with lots of upgrades done within the last 12 months. Upgrades include paint, flooring, carpet, lighting, furnaces, AC units and water heater.5 unit multifamily & commercial space building in great location with yearly gross rental income of $67,560. Long term tenants and low overhead property with lots of upgrades done within the last 12 months. Upgrades include paint, flooring, carpet, lighting, furnaces, AC units and water heater.

Property Details for 19478 Springfield Road

Parking Total
25.0
Subdivision Name
Pine Hill
LISTING UPDATED: 11/22/2025 02:01 PM

Property Details for 19478 Springfield Road

StatusActive
MLS #PA1257871
Days on Market225
Taxes$7,260 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1979
Lot Size0.44 AC / 19,166 SF
CountyTazewell County

Location

Listing Courtesy of R & R Realty
Add your commute

Building Information for 19478 Springfield Road

Stories-Residences5Year Built1979Building Size-Lot Size0.44 AC / 19,166 SF

Payment Calculator

$3,417 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,812

Property Taxes

$605

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 19478 Springfield Road

Summary
Location and General Information
  • City: Groveland
  • County Or Parish: Tazewell
  • Directions: Springfield Road to Groveland to 4 way stop signs - sits on corner.
  • Latitude: 40.604303
  • Longitude: -89.533742
  • MLSArea Minor: PAAR Area
  • Postal Code: 61535
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 05-05-22-405-001
  • Tax Annual Amount: $7,260
  • Tax Legal Description: SEC 22 T25N R4W PINE HILL SUBD EXT 1 LOT 1 SE 1/4
  • Tax Year: 2024
School Information
  • High School: Morton
Parking
  • Parking Features: Parking Pad
Property
Lot Information
  • Structure Type: Two or More Story, Other
  • Building Area Total: 6200.0
  • Lot Features: Level
  • Lot Size Dimensions: .44
  • Number Of Units Total: 5
  • 100 Year Plain: No
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Slab
  • New Construction: No
  • Year Built: 1979
Utilities
  • Number Of Electric Meters: 5
  • Number Of Gas Meters: 5
  • Numberof Water Meters: 1
  • Water Sewer Expense: $600
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Brick Partial, Wood Siding
Interior Features
  • Basement: None
  • Cooling: Zoned, Central Air
  • Heating: Forced Air
  • Laundry Features: Common Area
  • Number Of Central Air Units: 5
  • Number Of Dryers: 1
  • Number Of Heating Units: 5
  • Number Of Ranges: 2
  • Numberof Refrigerators: 2
  • Number Of Washers: 1
  • Number Of Water Heaters: 1
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $67,560
  • Gross Scheduled Income: $67,560
  • Insurance Expense: $2,383
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $56,381
  • Operating Expense: $3,919
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $936
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Half Baths: 1
  • Number Covered: 0
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
Unit 4
  • Half Baths: 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Lease Term: One Year or Less

Property History for 19478 Springfield Road

DateEvent & SourcePriceAppreciation
Dec 18, 2025

Temporarily Off Market

MRED #1257871

—
Dec 17, 2025

Price Change

MRED #1257871

$569,000—
May 13, 2025

Listed (Active)

RMLS ALLIANCE #PA1257871

$599,000—
May 13, 2025

Listed (Active)

MRED #1257871

$599,000—
May 31, 2019

Sold (Public Record)

Public Record #646017126

$260,000

+0.7% / yr

Feb 16, 2007

Sold (Public Record)

Public Record #216339693

$240,000

+8.7% / yr

Aug 18, 2004

Sold (Public Record)

Public Record #157779055

$195,000—
DateEvent & SourcePrice
12/18/2025

Temporarily Off Market

MRED #1257871

—
12/17/2025

Price Change

MRED #1257871

$569,000
05/13/2025

Listed (Active)

RMLS ALLIANCE #PA1257871

$599,000
05/13/2025

Listed (Active)

MRED #1257871

$599,000
05/31/2019

Sold (Public Record)

Public Record #646017126

$260,000

+0.7% / yr

02/16/2007

Sold (Public Record)

Public Record #216339693

$240,000

+8.7% / yr

08/18/2004

Sold (Public Record)

Public Record #157779055

$195,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 19478 Springfield Road

Taxable ValueLand$14,690Additions$91,480Total$106,170
Tax Record2024$7,260 ($605 / month)
Home Facts
Total Finished SqFt6,245 SqFtAbove Grade Finished SqFt6,245 SqFtStories2Lot Size21,344 SqFtStyleOffice BuildingYear Built1972CountyTAZEWELLAPN05-05-22-405-001

Schools near 19478 Springfield Road

This home is within Morton Community Unit School District 709.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 9 to 12
Public - PK to 6
Public - PK to 6
Rating
School
Distance
Morton Academy
PublicK to 12

Morton High School
Public9 to 12

Jefferson Elementary School
PublicPK to 6

Grundy Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

19478 Springfield Road is a multi-family home for sale in Groveland, IL 61535. This property was listed for sale on May 13, 2025 by R & R Realty, it's currently listed at $569,000. It has been on the market for a total of 225 days and was last sold on May 31, 2019. This listing's school district is Morton Community Unit School District 709. Nearby schools include Morton Academy, Morton High School and Jefferson Elementary School. 19478 Springfield Road is a 0-bed, 0-bath, 6,200 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of R & R Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/24/2025 11:35 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.