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1047 N Franklin Ave; Springfield, IL Property Details

1047 N Franklin Ave, Springfield, IL is a Single Family that was built in 1950. This property is not for sale. Our records show that 1047 N Franklin Ave has 2 bedrooms, and a total of 936 square feet. The lot size of 1047 N Franklin Ave is 6,474 square feet.

Off market
1047 N Franklin Ave Springfield, IL 62702
$18,957 Estimated Value
2 Beds
936 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $40,000
  • Est. Equity / %: $53,000 / 100%
  • Gross Yield: 15.6%
  • APN: 14-28.0-204-016
  • Situs County: Sangamon
  • Length Of Ownership: 4 years, 4 months

Rooms

  • Bedrooms: 2

Measurements

  • Total: 936/SqFt
  • Lot: 6,474/SqFt
  • Price Per Square Foot: $42.74

Legal Description

  • Description: MRS. MINNIE RIECKS ADDN L24-27 ANDREW ELLIOTTS SUB N1/2 NE 28-16-5 L 13
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Springfield School District 186
  • Lat / Lon: 39.8141 / -89.659164
  • Subdivision: Andrew Elliotts Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3716

Ownership Info

1047 N Franklin Ave has no associated ownership info
1047 N Franklin Ave has no associated ownership info.

Taxes

1047 N Franklin Ave has 10 associated Taxes items

1047 N Franklin Ave, Springfield, IL pays taxes in Sangamon County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $18,957. The APN we've located for 1047 N Franklin Ave is 14-28.0-204-016.

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Taxes
  • Assessed Value:  $18,957
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-28.0-204-016
  • Assessed Land Value:  2984
  • Market Land Value:  8952
  • Tax Amount:  1534.84
  • Tax Year:  2025
  • Market Value:  56871
  • Market Year:  2025

Tax History

1047 N Franklin Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $18,957 Land Value $2,984 Improvement Value $15,973 Tax Amount $1,534.84 Change Rate +0.033534% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $17,680 Land Value $2,783 Improvement Value $14,897 Tax Amount $1,485.04 Change Rate +0.040119% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $16,149 Land Value $2,542 Improvement Value $13,607 Tax Amount $1,427.76 Change Rate +0.040156% Assessed CR Tax Rate +0.088412%
Year 2022 Assessed Value $15,318 Land Value $2,411 Improvement Value $12,907 Tax Amount $1,372.64 Change Rate +0.034253% Assessed CR Tax Rate +0.08961%
Year 2021 Assessed Value $14,745 Land Value $2,321 Improvement Value $12,424 Tax Amount $1,327.18 Change Rate +0.02028% Assessed CR Tax Rate +0.090009%
Year 2020 Assessed Value $14,767 Land Value $2,324 Improvement Value $12,443 Tax Amount $1,300.8 Change Rate +0.665813% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $15,316 Land Value $2,315 Improvement Value $13,001 Tax Amount $780.88 Change Rate Assessed CR Tax Rate +0.050985%
Year 2018 Assessed Value $15,242 Land Value $2,304 Improvement Value $12,938 Tax Amount $780.88 Change Rate +0.029886% Assessed CR Tax Rate +0.051232%
Year 2017 Assessed Value $15,045 Land Value $2,274 Improvement Value $12,771 Tax Amount $758.22 Change Rate +0.030106% Assessed CR Tax Rate +0.050397%
Year 2016 Assessed Value $14,826 Land Value $2,241 Improvement Value $12,585 Tax Amount $736.06 Change Rate +0.018148% Assessed CR Tax Rate +0.049647%
Year 2015 Assessed Value $14,649 Land Value $2,214 Improvement Value $12,435 Tax Amount $722.94 Change Rate +0.095131% Assessed CR Tax Rate +0.049351%
Year 2014 Assessed Value $14,555 Land Value $2,200 Improvement Value $12,355 Tax Amount $660.14 Change Rate +0.022807% Assessed CR Tax Rate +0.045355%
Year 2013 Assessed Value $13,966 Land Value $2,201 Improvement Value $11,765 Tax Amount $645.42 Change Rate Assessed CR Tax Rate +0.046214%