2824 S GLENWOOD Avenue, Springfield, IL 62704

$85,000 Asking Price

2 beds
1 bath
1,009  sqft
Built in 1948

Welcome to this charming 2-bedroom, 1-bath Airbnb investment opportunity! Looking for immediate cash flow? This property generates double the income of traditional long-term rentals, with a consistently high occupancy rate. Recent upgrades include a new HVAC system, hot water heater, 2023 windows, and a fully renovated kitchen and bathroom. All furniture can be included for a quick, turnkey setup—perfect for buyers ready to start earning right away! Square footage is estimated but not guaranteed. Sold as is but inspections are welcome!

Features & Amenities

Interior

Basement:
None
Heating:
Forced Air, Central Air
Fireplace:
Fireplaces: 0

Exterior

Style:
Ranch
Parking:
Gravel

Construction

Roofing:
Shingle
General:
Ranch

Location

Originating MLS:
rmlsa
County:
Sangamon

Lot

Zoning:
L 95 BELMONT SUB, 22-09.0-111-006

Utilities

Water:
Public,Public Sewer

Financial

Source:
rmlsa

This listing courtesy of:
The Real Estate Group, Inc., Xuna Hu

About Springfield, IL

Housing

Number of Units
66,410
Median Home Value
$144,000
Median Rent
$667

37.08% of housing units are renter occupied.

10.71% are vacant.

Commute

Car
71.85%
Public Transportation
1.30%
Walk to Work
1.24%
Work from Home
23.72%
Other
1.14%

The median travel time to work is 15 minutes.

People

Population
133,077
Median Age
41.00
Median Household Size
2.36

Education

High School
25.75%
Associate’s Degree
7.97%
Bachelor’s Degree
20.61%
Graduate Degree
13.94%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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