2510 W Jefferson St

Springfield, IL 62702

$799,800
Price
—
Beds
—
Baths
6,180 Sq. Ft.
$129 / Sq. Ft.
6,180
Sq. Ft.
$129
per Sq. Ft.
Get preapproved with Rocket Mortgage1

Description

Fully Occupied 10-Unit Investment Property on 6.5 Acres Excellent opportunity to own a 10-unit multifamily property located in the desirable Springfield High School District. This property consists of two 5-unit buildings (2510 & 2518 W Jefferson) and is fully rented with a total monthly income of $7,965. Tenants pay electric and gas. Owner pays water, sewer, trash, and mowing. Situated on 6.5 acres with R3 County zoning, the property offers future development potential. A duplex previously stood...Fully Occupied 10-Unit Investment Property on 6.5 Acres Excellent opportunity to own a 10-unit multifamily property located in the desirable Springfield High School District. This property consists of two 5-unit buildings (2510 & 2518 W Jefferson) and is fully rented with a total monthly income of $7,965. Tenants pay electric and gas. Owner pays water, sewer, trash, and mowing. Situated on 6.5 acres with R3 County zoning, the property offers future development potential. A duplex previously stood on the property and was lost to a fire many years ago, providing the opportunity to rebuild at least one additional multi-unit structure. There is also ample space for further expansion, subject to zoning and county approval. The property features a creek, wooded areas, and a gazebo, creating a peaceful setting for tenants while still being conveniently located.
  1. Listed by Debra Sarsany • The Real Estate Group, Inc.

Property Details for 2510 West Jefferson Street

Parking Total
30.0
Subdivision Name
None
LISTING UPDATED: 03/08/2026 03:01 PM

Property Details for 2510 West Jefferson Street

StatusActive
MLS #CA1042098
Days on Market15
Taxes$6,601 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built-
Lot Size6.60 AC / 287,496 SF
CountySangamon County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of The Real Estate Group, Inc.
Add your commute

Building Information for 2510 West Jefferson Street

Stories-Residences10Year Built-Building Size-Lot Size6.60 AC / 287,496 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$4,432 per month

30 year fixed, 6.11% Interest

Principal and Interest

$3,882

Property Taxes

$550

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 2510 West Jefferson Street

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: GPS
  • Latitude: 39.814613
  • Longitude: -89.699232
  • MLSArea Minor: Springfield
  • Postal Code: 62702
  • State Or Province: IL
  • Zoning: R3
Taxes and HOA Information
  • Parcel Number: 1430203014
  • Tax Annual Amount: $6,601
  • Tax Legal Description: PT S OF RD OF CREEK IN W 1/2 NE 1/4 30-16-5
  • Tax Year: 2024
School Information
  • High School: Springfield
Parking
  • Parking Features: Parking Pad
Property
Lot Information
  • Structure Type: Other
  • Building Area Total: 6180.0
  • Lot Features: Other, Wooded, Creek
  • Lot Size Acres: 6.6
  • Lot Size Dimensions: 392x132x165x170x200
  • Number Of Units Total: 10
  • 100 Year Plain: Unknown
  • Certificate Of Zoning: Yes
  • Road Surface Type: Gravel
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Poured Concrete
  • New Construction: No
  • Year Built: 0
  • Year Built Source: Unable to Verify Actual Age
Utilities
  • Number Of Electric Meters: 10
  • Number Of Gas Meters: 10
  • Numberof Water Meters: 2
  • Water Sewer Expense: $6,372
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Other
Interior Features
  • Basement: Finished
  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas, Wall Unit(s)
  • Laundry Features: Other
  • Number Of Central Air Units: 10
  • Number Of Dishwashers: 3
  • Number Of Dryers: 5
  • Number Of Heating Units: 5
  • Number Of Ranges: 10
  • Numberof Refrigerators: 10
  • Number Of Washers: 5
  • Number Of Water Heaters: 10
  • Number Of Window Units: 5
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $95,580
  • Gross Scheduled Income: $95,580
  • Insurance Expense: $5,805
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $76,607
  • Operating Expense: $12,372
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $195
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 3
  • Number Uncovered: 3
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 3
  • Number Uncovered: 3
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 3
  • Number Uncovered: 3
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 3
  • Number Uncovered: 3
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4

Property History for 2510 West Jefferson Street

DateEvent & SourcePriceAppreciation
Mar 4, 2026

Listed (Active)

RMLS ALLIANCE #CA1042098

$799,800—
DateEvent & SourcePrice
03/04/2026

Listed (Active)

RMLS ALLIANCE #CA1042098

$799,800

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

Public Records for 2510 West Jefferson Street

Taxable ValueLand$10,966Additions$69,144Total$80,110
Tax Record2024$6,601 ($550 / month)
Home Facts
Lot Size287,496 SqFtStyleMiscellaneous CommercialZoningR3CountySANGAMONAPN14-30.0-203-014

Schools near 2510 West Jefferson Street

This home is within Springfield School District 186.
Rating
School
Type
Grades
Distance
Jane Addams Elementary School
Public - K to 5
U S Grant Middle School
Public - 6 to 8
Springfield High School
Public - 9 to 12
Douglas School
Public - 6 to 12
Rating
School
Distance
Jane Addams Elementary School
PublicK to 5

U S Grant Middle School
Public6 to 8

Springfield High School
Public9 to 12

Douglas School
Public6 to 12

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

Explore Nearby Homes

More information about 2510 West Jefferson Street, Springfield, IL 62702

2510 West Jefferson Street is a multi-family home for sale in Springfield, IL 62702. This property was listed for sale on March 4, 2026 by The Real Estate Group, Inc., it's currently listed at $799,800. This listing's school district is Springfield School District 186. Nearby schools include Jane Addams Elementary School, U S Grant Middle School and Springfield High School. 2510 West Jefferson Street is a 0-bed, 0-bath, 6,180 sqft multi-family home.

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of The Real Estate Group, Inc.

Based on information submitted to the MLS GRID as of 03/08/2026 03:01 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.