Large Location Icon

1407 N Franklin Ave; Springfield, IL Property Details

1407 N Franklin Ave, Springfield, IL is a Single Family that was built in 1910. This property is not for sale. Our records show that 1407 N Franklin Ave has 4 bedrooms, and a total of 1,792 square feet. The lot size of 1407 N Franklin Ave is 12,131 square feet.

Off market
1407 N Franklin Ave Springfield, IL 62702
$6,800 Listing Price
4 Beds
1,792 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1910
  • Purchase Price: $15,000
  • Est. Equity / %: $122,000 / 100%
  • Gross Yield: 14.361%
  • APN: 14-21.0-451-019
  • Situs County: Sangamon
  • Length Of Ownership: 1 year, 8 months

Rooms

  • Bedrooms: 4

Measurements

  • Total: 1,792/SqFt
  • Lot: 12,131/SqFt
  • Price Per Square Foot: $8.37

Legal Description

  • Description: N 75' S 200' E 160' LINCOLN PARK SE 21-16-5
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: 39.8185 / -89.65936
  • Subdivision: Lincoln Park Subdivision
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 2514

Ownership Info

1407 N Franklin Ave has no associated ownership info
1407 N Franklin Ave has no associated ownership info.

Taxes

1407 N Franklin Ave has 10 associated Taxes items

1407 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 $9,902. The APN we've located for 1407 N Franklin Ave is 14-21.0-451-019.

Unlock the full report
Taxes
  • Assessed Value:  $9,902
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-21.0-451-019
  • Assessed Land Value:  6129
  • Market Land Value:  18387
  • Tax Amount:  801.72
  • Tax Year:  2025
  • Market Value:  29706
  • Market Year:  2025

Tax History

1407 N Franklin Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $9,902 Land Value $6,129 Improvement Value $3,773 Tax Amount $801.72 Change Rate -0.632127% Assessed CR Tax Rate +0.080965%
Year 2024 Assessed Value $31,946 Land Value $5,715 Improvement Value $26,231 Tax Amount $2,179.34 Change Rate +0.063414% Assessed CR Tax Rate +0.068219%
Year 2023 Assessed Value $29,180 Land Value $5,220 Improvement Value $23,960 Tax Amount $2,049.38 Change Rate +0.054902% Assessed CR Tax Rate +0.070232%
Year 2022 Assessed Value $27,680 Land Value $4,952 Improvement Value $22,728 Tax Amount $1,942.72 Change Rate -0.029562% Assessed CR Tax Rate +0.070185%
Year 2021 Assessed Value $28,241 Land Value $4,768 Improvement Value $23,473 Tax Amount $2,001.9 Change Rate +0.019889% Assessed CR Tax Rate +0.070886%
Year 2020 Assessed Value $28,283 Land Value $4,775 Improvement Value $23,508 Tax Amount $1,962.86 Change Rate +0.053715% Assessed CR Tax Rate +0.069401%
Year 2019 Assessed Value $28,184 Land Value $4,758 Improvement Value $23,426 Tax Amount $1,862.8 Change Rate Assessed CR Tax Rate +0.066094%
Year 2018 Assessed Value $28,047 Land Value $4,735 Improvement Value $23,312 Tax Amount $1,862.8 Change Rate +0.024766% Assessed CR Tax Rate +0.066417%
Year 2017 Assessed Value $27,685 Land Value $4,674 Improvement Value $23,011 Tax Amount $1,817.78 Change Rate +0.02424% Assessed CR Tax Rate +0.065659%
Year 2016 Assessed Value $27,281 Land Value $4,606 Improvement Value $22,675 Tax Amount $1,774.76 Change Rate +0.013234% Assessed CR Tax Rate +0.065055%
Year 2015 Assessed Value $26,955 Land Value $4,551 Improvement Value $22,404 Tax Amount $1,751.58 Change Rate +0.017107% Assessed CR Tax Rate +0.064982%
Year 2014 Assessed Value $26,781 Land Value $4,522 Improvement Value $22,259 Tax Amount $1,722.12 Change Rate +0.022819% Assessed CR Tax Rate +0.064304%
Year 2013 Assessed Value $26,781 Land Value $4,522 Improvement Value $22,259 Tax Amount $1,683.7 Change Rate Assessed CR Tax Rate +0.062869%