524 E Ridgely Ave, Unit G H I J K & L

Springfield, IL 62702

$250,000
Price
—
Beds
—
Baths
6,000 Sq. Ft.
$42 / Sq. Ft.
6,000
Sq. Ft.
$42
per Sq. Ft.
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Description

Great opportunity to own a 6 units just a couple blocks away from Lincoln Park. One building is a 4-plex and the other is a duplex. All fully occupied with a total gross monthly income of $3,850. New roof layover just installed in August 2024. New siding on the 4-plex. Tenant pays for all utilities. Owner pays for garbage expense.Great opportunity to own a 6 units just a couple blocks away from Lincoln Park. One building is a 4-plex and the other is a duplex. All fully occupied with a total gross monthly income of $3,850. New roof layover just installed in August 2024. New siding on the 4-plex. Tenant pays for all utilities. Owner pays for garbage expense.
  1. Listed by Jami Winchester • The Real Estate Group, Inc.
    P: (217)-306-1000 C: (217)-306-1000 jamisellsrealestate@gmail.com

Property Details for 524 East Ridgely Avenue, Unit G H I J K & L

Parking Total
6.0
Subdivision Name
None
LISTING UPDATED: 05/15/2026 03:01 PM

Property Details for 524 East Ridgely Avenue, Unit G H I J K & L

StatusActive
MLS #CA1043636
Days on Market23
Taxes$6,625 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1983
Lot Size-
CountySangamon County
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Location

Listing Courtesy of The Real Estate Group, Inc.
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Building Information for 524 East Ridgely Avenue, Unit G H I J K & L

Stories-Residences6Year Built1983Building Size-Lot Size-

Payment Calculator

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$1,798 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,246

Property Taxes

$552

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 524 East Ridgely Avenue, Unit G H I J K & L

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: IL Rt 4 to East on Browning Rd. Right on N 5th St. Left on Ridgely. 6-plex is in the back.
  • Latitude: 39.823275
  • Longitude: -89.648238
  • MLSArea Minor: Springfield
  • Postal Code: 62702
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 14220326048
  • Tax Annual Amount: $6,625
  • Tax Legal Description: See tax records
  • Tax Year: 2026
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Other
Property
Lot Information
  • Structure Type: One Story, Other
  • Building Area Total: 6000.0
  • Lot Features: Level, Other
  • Lot Size Dimensions: 66 x 130 x 75
  • Number Of Units Total: 6
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: None Available
  • New Construction: No
  • Year Built: 1983
Utilities
  • Number Of Electric Meters: 6
  • Number Of Gas Meters: 6
  • Numberof Water Meters: 6
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Vinyl Siding, Wood Siding
Interior Features
  • Basement: None
  • Cooling: Central Air
  • Heating: Forced Air
  • Number Of Central Air Units: 6
  • Number Of Heating Units: 6
  • Number Of Ranges: 6
  • Numberof Refrigerators: 6
  • Number Of Water Heaters: 6
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $92,400
  • Gross Scheduled Income: $46,200
  • Insurance Expense: $1,566
  • Maintenance Expense: $1,430
  • Manager Expense: $0
  • Net Operating Income: $80,919
  • Operating Expense: $4,856
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 46200
  • Trash Expense: $1,860
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 1
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 1
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 1
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 1
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Tenant Pays: All Utilities

Property History for 524 East Ridgely Avenue, Unit G H I J K & L

DateEvent & SourcePriceAppreciation
May 11, 2026

Listed (Active)

RMLS ALLIANCE #CA1043636

$250,000—
DateEvent & SourcePrice
05/11/2026

Listed (Active)

RMLS ALLIANCE #CA1043636

$250,000

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

Schools near 524 East Ridgely Avenue, Unit G H I J K & L

This home is within Springfield School District 186.
Rating
School
Type
Grades
Distance
Ridgely Elementary School
Public - PK to 5
Washington Middle School
Public - 6 to 8
Lanphier High School
Public - 9 to 12
Douglas School
Public - 6 to 12
Rating
School
Distance
Ridgely Elementary School
PublicPK to 5

Washington Middle School
Public6 to 8

Lanphier 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.

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More information about 524 East Ridgely Avenue, Unit G H I J K & L, Springfield, IL 62702

524 East Ridgely Avenue, Unit G H I J K & L is a multi-family home for sale in Springfield, IL 62702. This property was listed for sale on May 11, 2026 by The Real Estate Group, Inc., it's currently listed at $250,000. This listing's school district is Springfield School District 186. Nearby schools include Ridgely Elementary School, Washington Middle School and Lanphier High School. 524 East Ridgely Avenue, Unit G H I J K & L is a 0-bed, 0-bath, 6,000 sqft multi-family home built in 1983.

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 The Real Estate Group, Inc.

Based on information submitted to the MLS GRID as of 05/15/2026 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.