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843 S Glenwood Ave 2 Unit Apartment Building $164,900 ($82,450/Unit) Springfield, IL 62704
Investment Highlights
- Duplex configuration with two residential units
- A few blocks from Washington Park and its recreational amenities
- Located within Springfield's Historic West Side neighborhood
- Each unit contains two bedrooms and one full bathroom
Executive Summary
West Side neighborhood. The property consists of two residential units, each configured with two bedrooms and one bathroom, creating flexibility for investors seeking rental income or owner-occupants interested in offsetting housing costs through additional revenue. A detached garage provides off-street parking and storage, while the property's corner-lot positioning enhances accessibility and visibility within the neighborhood.
The location places residents within a short distance of Washington Park, one of Springfield's most recognized public amenities, offering walking trails, open green space, and recreational opportunities. The surrounding area features a mix of established residential housing, neighborhood services, and convenient access to downtown Springfield, the Illinois State Capitol complex, and major employment centers throughout the city. Connectivity to South Grand Avenue, MacArthur Boulevard, and other primary corridors supports access across the Springfield metro area.
Built in 1900, the property benefits from an established neighborhood setting and a housing configuration that remains in demand among renters seeking traditional residential accommodations. The combination of a two-unit layout, detached garage, and proximity to local amenities creates a straightforward investment opportunity in a well-known Springfield residential district
The location places residents within a short distance of Washington Park, one of Springfield's most recognized public amenities, offering walking trails, open green space, and recreational opportunities. The surrounding area features a mix of established residential housing, neighborhood services, and convenient access to downtown Springfield, the Illinois State Capitol complex, and major employment centers throughout the city. Connectivity to South Grand Avenue, MacArthur Boulevard, and other primary corridors supports access across the Springfield metro area.
Built in 1900, the property benefits from an established neighborhood setting and a housing configuration that remains in demand among renters seeking traditional residential accommodations. The combination of a two-unit layout, detached garage, and proximity to local amenities creates a straightforward investment opportunity in a well-known Springfield residential district
Property Facts
| Price | $164,900 | Apartment Style | Low-Rise |
| Price Per Unit | $82,450 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| No. Units | 2 | Building Size | 2,156 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1900 |
| Price | $164,900 |
| Price Per Unit | $82,450 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 2,156 SF |
| No. Stories | 2 |
| Year Built | 1900 |
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Moderately walkable
70/100
Fairly drivable
50/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 14-33.0-327-032 | Improvements Assessment | $44,268 |
| Land Assessment | $4,664 | Total Assessment | $48,932 |
Property Taxes
Parcel Number
14-33.0-327-032
Land Assessment
$4,664
Improvements Assessment
$44,268
Total Assessment
$48,932
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