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987 Clock Tower Dr
Springfield, IL 62704

$850,000 USD

Apartments For Sale • 8,500 SF

Property Details

Property Type Apartments
Total Building Size 8,500 SF
Lot Size 0.66 AC
Year Built 1990
Cap Rate 9.88 %
Zoning S-2

30 Transit Score

50 Walk Score

                
                    Highlights
                
                                Desirable West Side of Springfield IL
                            
                                Long Term Tenants
                            
                                Recent Remodels
                            
                                Stabilized Diversified Income
                            
                                High Traffic Area

Property Flyers

Investment Flyer 987 Clocktower Dr

Financial Summary (Actual)

Net Operating Income: $83,940 USD (2025)

Cap Rate:	9.88 %
Total Expenses:	$36,780 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Springfield (Lincoln Service - Amtrak, Lincoln Service Missouri River Runner - Amtrak, Texas Eagle - Amtrak)	9 min	-	3.6 mi
Airport	Drive	Walk	Distance
Abraham Lincoln Capital	10 min	-	5.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Brent Judd 217-786-8183 Ape Ridge

987 Clock Tower Dr Springfield, IL 62704