824/812 E Ridgely Ave
Springfield, IL 62702
- 8 Beds
- 4 Baths
- 4,500 sqft
8 Beds
4 Baths
4,500 sqft
Local Information
© Google
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Description
This 4,500 square foot, six-unit apartment building offers an outstanding investment opportunity with a variety of recent upgrades. The building itself has undergone significant updating including a new roof & all-new siding in 2021. Five of the six units have been fully renovated since 2021, with updates like multiple new HVAC systems & water heaters. One unit is intentionally vacant and was just remodeled, making it ready to show & rent. The sale also includes an additional parcel to the west, with the potential to rebuild another six-unit structure on the site where a previous building stood. Prospective buyers should explore grant programs that may support this rebuilding opportunity, adding further value to the property. This is an ideal opportunity for investors looking for a property with minimal initial maintenance and significant growth potential. Do Not Disturb Tenants. Only the vacant unit can be shown.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from December 20, 2024
Home Highlights
Parking
6 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 824/812 E Ridgely Ave
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Interior Details Basement: Crawl Space |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 4500 Square Feet |
Appliances & Utilities Appliances: Range, Refrigerator, Water HeaterLaundry: NoneRefrigerator |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
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Exterior Home Features Roof: Shingle |
Parking & Garage No CarportNo Attached GarageParking Spaces: 6Parking: Assigned |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 4 |
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Year Built Year Built: 1993 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, Apartment |
Building Construction Materials: Wood SidingNot a New ConstructionHas Additional Parcels |
Property Information Parcel Number: 1422.0401019Additional Parcels Description: 14220401003 |
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Price List Price: $370,000 |
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MLS Status: Sold |
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Direction & Address City: SpringfieldCommunity: None |
School Information High School: Springfield District #186 |
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Building Area Building Area: 4500 Square Feet |
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Not Senior Community |
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Association for this Listing: Capital Area Association of Realtors |
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Lot Area: 9150 sqft |
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Mobile Home Park Mobile Home Units: Feet |
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Expense Tenant Pays: Water |
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Mls Number: CA1032325Attribution Contact: Mobl: 217-741-4040 |
Last check for updates: about 6 hours ago
Listed by Kyle T Killebrew, (217) 741-4040
The Real Estate Group, Inc.
Bought with: Rick Wiese, (217) 415-0111, Keller Williams Capital
Originating MLS: Capital Area Association of Realtors
Source: RMLS Alliance as distributed by MLS GRID, MLS#CA1032325

Based on information submitted to the MLS GRID as of 2026-06-07 01:03:12 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
Price History for 824/812 E Ridgely Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 12/20/2024 | $363,000 | Sold | RMLS Alliance as distributed by MLS GRID #CA1032325 |
| 10/09/2024 | $370,000 | Pending | RMLS Alliance as distributed by MLS GRID #CA1032325 |
| 10/04/2024 | $370,000 | Listed For Sale | RMLS Alliance as distributed by MLS GRID #CA1032325 |
Market trends in Springfield
Last updated April 2026
Avg. sale price
$165K $2.83KMoM
Sale-to-List Price
98.3% 0.3%MoM
Price per sq ft
$106 $3MoM
Available listings
249 10MoM
Comparable Sales for 824/812 E Ridgely Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.36 | Multi-Family Home | $390,000 | 02/09/26 | 12 | 8 | 6,448 | |
0.50 | Multi-Family Home | $82,500 | 01/13/26 | 4 | 3 | 1,570 | |
0.61 | Multi-Family Home | $120,000 | 10/15/25 | 4 | 3 | 3,200 | |
0.82 | Multi-Family Home | $90,000 | 02/18/26 | 3 | 3 | 2,023 | |
0.22 | Multi-Family Home | $337,700 | 01/29/26 | 26 | 27 | 15,054 | |
0.87 | Multi-Family Home | $75,000 | 09/02/25 | 4 | 2 | 2,192 | |
1.88 | Multi-Family Home | $330,000 | 11/14/25 | 6 | 4 | 3,584 | |
1.22 | Multi-Family Home | $215,000 | 02/06/26 | 5 | 4 | 2,536 | |
0.40 | Multi-Family Home | $60,000 | 02/02/26 | 4 | 3 | 1,900 | |
2.34 | Multi-Family Home | $385,000 | 01/16/26 | 6 | 4 | 5,520 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 824/812 E Ridgely Ave.
What Locals Say about Springfield
At least 941 Trulia users voted on each feature.
88 % Say car is needed
88 % Say parking is easy
85 % Say it's dog friendly
83 % Say there are sidewalks
81 % Say yards are well-kept
73 % Say there's holiday spirit
69 % Say kids play outside
59 % Say it's quiet
58 % Say streets are well-lit
58 % Say people would walk alone at night
56 % Say neighbors are friendly
48 % Say there's wildlife
48 % Say they plan to stay for at least 5 years
46 % Say it's walkable to restaurants
41 % Say it's walkable to grocery stores
30 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 824/812 E Ridgely Ave
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Homes for rent near 824/812 E Ridgely Ave
824/812 E Ridgely Ave, Springfield, IL 62702 is a 8 bedroom, 4 bathroom, 4,500 sqft multi-family built in 1993. This property is not currently available for sale. 824/812 E Ridgely Ave was last sold on Dec 20, 2024 for $363,000 (2% lower than the asking price of $370,000). The current Trulia Estimate for 824/812 E Ridgely Ave is $390,500.

