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545 S Lincoln

Springfield, IL 62704
  • $150,000
  • STATUS: Active
  • ON SITE: 128 Days
  • ID#: CA1039242
UPDATED: 18 min ago
$150,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Description

Solid income producing 4 plex, close to Washington Park and Downtown. There is plenty of room to pave a parking lot in the rear of the building. Owner pays utilities. Monthly rental income is $2,950, with monthly expenses of $1,015, or annual income of $34,500 with annual expenses of 12,180. Priced at a 14.01 capitalization rate.

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© 2026 RMLS Alliance, LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-01-23T17:44:49.297.
www.ashleycoker.com/homes/167966221
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545 S Lincoln Springfield, IL 62704

  • Price: $150,000
  • Status: Active
  • On Site: 128 Days
  • Updated: 18 min ago
  • ID#: CA1039242
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
None
County:
Sangamon
Area:
Springfield
High School:
Springfield District #186
Property Description
Solid income producing 4 plex, close to Washington Park and Downtown. There is plenty of room to pave a parking lot in the rear of the building. Owner pays utilities. Monthly rental income is $2,950, with monthly expenses of $1,015, or annual income of $34,500 with annual expenses of 12,180. Priced at a 14.01 capitalization rate.
Exterior Features

Construction Materials MasoniteWood Siding Parking Features On Street Parking Total 2 Roof Shingle

Interior Features

Basement Partial Building Area Total 2268 Heating Heating Systems - 2+ Number Of Central Air Units 0 Number Of Electric Meters 1 Number Of Gas Meters 1 Number Of Heating Units 2 Number Of Water Heaters 1

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Gross Income 35400 Gross Scheduled Income 35400 Insurance Expense 1440 Lot Features Level Lot Size Dimensions 47X105 Manager On Site YN No Net Operating Income 20517 New Construction YN No Number Of Water Meters 1 Operating Expense 10404 Repossessed No Structure Type Conversion Tax Annual Amount 4479 Tax Legal Description L 1 S.J. WORKMANS SUB S1/2 L 9 &S1/2 E 80' L8 B1 BAKER & SMITH N1/2 E NE 32-16-5 Tax Year 2024 Trash Expense 600 Type Residential Income Water Source Public SewerPublic Zoning R-2

Listing provided courtesy of Jay Clark of The Real Estate Group, Inc.: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-01-23T17:44:49.297.
 
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Ashley Coker Team | The Real Estate Group
3701 W. Wabash Ave.
Springfield IL, 62711