526 S Grand Ave W

Springfield, IL 62704

$119,000
Price
—
Beds
—
Baths
1,920 Sq. Ft.
$62 / Sq. Ft.
1,920
Sq. Ft.
$62
per Sq. Ft.
Get preapproved with Rocket Mortgage1

Description

Great mixed used income potential property with excellent visibility on the South Grand Ave. a house east from Walnut, the property provides the ideal combination or commercial and residential space, perfect for an investor owner occupied with his/her own business or lease out both units. The front unit has two bedrooms with one full bathroom, leased for $950. The back unit has three office rooms, conference room, reception area and break room with one full bathroom, it was used as a doctors office...Great mixed used income potential property with excellent visibility on the South Grand Ave. a house east from Walnut, the property provides the ideal combination or commercial and residential space, perfect for an investor owner occupied with his/her own business or lease out both units. The front unit has two bedrooms with one full bathroom, leased for $950. The back unit has three office rooms, conference room, reception area and break room with one full bathroom, it was used as a doctors office & massage shop before, comes with a one car attached garage, it can be easily converted to a three bedroom apartment. The property has 1920 SF, full basement with a full bathroom used currently by the property owner. Selling as-is, property is broker owned.
  1. Listed by Jerry George • The Real Estate Group, Inc.
  2. Listed by David Zhang • The Real Estate Group, Inc.

Property Details for 526 South Grand Avenue West

Parking Total
6.0
Subdivision Name
Hawthorn Place
LISTING UPDATED: 03/20/2026 03:00 PM

Property Details for 526 South Grand Avenue West

StatusActive
MLS #CA1042385
Days on Market6
Taxes$2,101 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1973
Lot Size0.16 AC / 7,040 SF
CountySangamon County
Get preapproved with Rocket Mortgage1

Location

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

Building Information for 526 South Grand Avenue West

Stories-Residences2Year Built1973Building Size-Lot Size0.16 AC / 7,040 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$753 per month

30 year fixed, 6.11% Interest

Principal and Interest

$578

Property Taxes

$175

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 526 South Grand Avenue West

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: PROPERTY BETWEEN WALNUT AND SOUTH GRAND, PARKING LOT ENTRY S LOWELL
  • Latitude: 39.786673
  • Longitude: -89.662518
  • MLSArea Minor: Springfield
  • Postal Code: 62704
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 22-04.0-127-050
  • Tax Annual Amount: $2,101
  • Tax Legal Description: Lot 2 & E 4' Lot 1 Blk 3 Hawthorne Place
  • Tax Year: 2025
School Information
  • Elementary School: Butler
  • High School: Springfield District #186
  • Middle Or Junior School: Benjamin Franklin
Parking
  • Parking Features: Attached
Property
Lot Information
  • Structure Type: Duplex
  • Building Area Total: 1920.0
  • Lot Features: Level
  • Lot Size Dimensions: 160x44
  • Number Of Units Total: 2
  • 100 Year Plain: No
  • Road Surface Type: Alley Paved
Property and Assessments
  • Documents Available: Legal Description
  • Foundation Details: Concrete Perimeter
  • New Construction: No
  • Year Built: 1973
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 1
  • Number Of Gas Meters: 1
  • Numberof Water Meters: 1
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Brick
Interior Features
  • Basement: Full
  • Cooling: Central Air
  • Heating: Electric, Forced Air, Natural Gas, Hot Water, Gas Water Heater
  • Laundry Features: Private
  • Number Of Central Air Units: 1
  • Number Of Dryers: 1
  • Number Of Heating Units: 0
  • Number Of Ranges: 2
  • Numberof Refrigerators: 1
  • Number Of Washers: 1
  • Number Of Water Heaters: 1
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $27,000
  • Gross Scheduled Income: $27,000
  • Insurance Expense: $1,780
  • Maintenance Expense: $2,500
  • Manager Expense: $0
  • Net Operating Income: $20,619
  • Operating Expense: $4,280
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: Y
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 4
  • Number Uncovered: 3
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Tenant Pays: All Utilities

Property History for 526 South Grand Avenue West

DateEvent & SourcePriceAppreciation
Mar 17, 2026

Listed (Active)

RMLS ALLIANCE #CA1042385

$119,000—
Dec 15, 2021

Sold (Public Record)

Public Record #1479844051

$61,500—
DateEvent & SourcePrice
03/17/2026

Listed (Active)

RMLS ALLIANCE #CA1042385

$119,000
12/15/2021

Sold (Public Record)

Public Record #1479844051

$61,500

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

Public Records for 526 South Grand Avenue West

Taxable ValueLand$13,627Additions$11,387Total$25,014
Tax Record2024$2,101 ($175 / month)
Home Facts
Lot Size7,022 SqFtStyleMiscellaneous CommercialCountySANGAMONAPN22-04.0-127-050

Schools near 526 South Grand Avenue West

This home is within Springfield School District 186.
Rating
School
Type
Grades
Distance
Butler Elementary School
Public - K to 5
Benjamin Franklin Middle School
Public - 6 to 8
Springfield Southeast High School
Public - 9 to 12
Lawrence Education Center
Public - 9 to 12
Rating
School
Distance
Butler Elementary School
PublicK to 5

Benjamin Franklin Middle School
Public6 to 8

Springfield Southeast High School
Public9 to 12

Lawrence Education Center
Public9 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 526 South Grand Avenue West, Springfield, IL 62704

526 South Grand Avenue West is a multi-family home for sale in Springfield, IL 62704. This property was listed for sale on March 17, 2026 by The Real Estate Group, Inc., it's currently listed at $119,000. It has been on the market for a total of 6 days and was last sold on December 15, 2021. This listing's school district is Springfield School District 186. Nearby schools include Butler Elementary School, Benjamin Franklin Middle School and Springfield Southeast High School. 526 South Grand Avenue West is a 0-bed, 0-bath, 1,920 sqft multi-family home built in 1973.

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 03/20/2026 03:00 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.