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2,800 sqft

$225,000

730 N DIRKSEN Parkway, Springfield IL, 62702

Price per sqft$80.36
Property size2,800 sqft
Property typeResidential
Courtesy of The Real Estate Group, Inc., Listing Contact:

Overview

Active

Listed Oct 13, 2026

Updated 11 days ago

INVESTMENT OPPORTUNITY WITH ROOM TO GROW! Rare opportunity to acquire FOUR single-family homes situated together on a sprawling 1.79-acre parcel along the highly traveled Route 29 corridor, with a 14,800 average annual daily traffic count! This unique investment package offers immediate rental income with additional upside potential. Three of the four residences are currently occupied, generating a combined $2,225 in monthly rental income, while the fourth is vacant with an anticipated rental rate of $800–$850 per month. Once fully occupied, the property offers projected gross rental income of $3,025–$3,075 monthly! But the opportunity doesn't stop there! The parcel previously accommodated a FIFTH residence that was lost to fire and subsequently removed, with utilities remaining in place for a potential replacement home. Subject to applicable approvals, this presents an exciting opportunity to further expand the property's income-producing capabilities. Conveniently located with easy access to shopping, dining, and major thoroughfares, this package offers investors an appealing combination of established rental income, additional acreage, and future possibilities. FOUR homes, ONE parcel, and plenty of potential!

$1,497/mo

Est. mortgage payment based on a $225,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$1,536
Tax Frequency
Annually
55+/Senior Community
No
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Listings courtesy of RMLS Alliance as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:50 AM UTC on 10/17/2026. 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.

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