Contact us: 563.441.1776
Description
Well-maintained 3-bedroom, 1-bath rental property featuring a solid, established tenant currently paying $1,100/month. This property offers immediate rental income and an opportunity for an investor to add a cash-flowing asset to their portfolio. Stable rental history and a dependable tenant make this an attractive investment with income in place from day one. Please do not disturb tenant, schedule showings with contingent offers.
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 1,022
Garage Size: 2
Built in 1970
High School: Springfield District #186
Eat-In Kitchen
General Information
Bedrooms: 3
Bathrooms: 1
Sqft: 1,022
County: Sangamon
High School: Springfield District #186
Subdivision: Springfield
Listed By:
Real Broker, LLC
Pref: 217-502-9339
RMLSA
MLS ID: CA1046272
Room Information
Bedroom 1: 15 X 9 Level - Main
Bedroom 2: 12 X 10 Level - Main
Bedroom 3: 9 X 9 Level - Main
Living Room: 16 X 12 Level - Main
Dining Room: 11 X 9 Level - Main
Kitchen: 11 X 6 Level - Main
Laundry: 15 X 10 Level - Main
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For Details, Contact
Contact an agent to learn more about
16 Salem Road, Springfield, IL 62702.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $85,000 | $85,000 | $85,000 |
| Down Payment | $17,000 | $2,975 | $21,250 |
| Monthly Mortgage Amount | $430 | $528 | $534 |
| Taxes | $118 | $118 | $118 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $37 | $0 |
| Monthly Estimated Total | $648 | $783 | $752 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 09/10/2026. The listing information on this page last changed on 09/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 09/10/2026 12:12:37 AM EST) or MRED MLS (last updated Thu 09/10/2026 12:05:06 AM EST) or SCWMLS (last updated Wed 09/09/2026 11:55:07 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 09/09/2026 10:18:18 PM EST) or Cedar Rapids MLS (last updated Wed 09/09/2026 10:45:10 PM EST) or NEIRBR MLS (last updated Thu 09/10/2026 12:08:44 AM EST) or ICAAR MLS (last updated Wed 09/09/2026 11:37:40 PM EST) or ECIMLS (last updated Wed 09/09/2026 11:44:37 PM EST) or RMLSA (last updated Thu 09/10/2026 12:11:00 AM EST) or Muscatine MLS (last updated Thu 09/10/2026 12:00:13 AM EST) or No Coast MLS (last updated Thu 09/10/2026 12:04:27 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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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