Taxes
- Assessed Value: $9,708
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-03.0-103-005
- Assessed Land Value: 9708
- Market Land Value: 27162
- Tax Amount: 786
- Tax Year: 2025
- Market Value: 27162
- Market Year: 2024
1416 S 7th St; Springfield, IL Property Details
Off market
1416 S 7th St Springfield, IL 62703
$42,900 Listing Price
3 Beds
972 SqFt
Property Type
Commercial Vacant LandProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1927
- Purchase Price: $3,000
- APN: 22-03.0-103-005
- Situs County: Sangamon
- Length Of Ownership: 13 years, 5 months
Rooms
- Bedrooms: 3
Measurements
- Total: 972/SqFt
- Lot: 6,110/SqFt
- Price Per Square Foot: $3.09
Legal Description
- Description: L 12 B 2 ELIJAH ILES SUB LANDS #3 PT NW 3-15-5
Building Insights
Land Information
- Property Type: Commercial Vacant Land
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Springfield School District 186
- Lat / Lon: 39.786522 / -89.64643
- Subdivision: Elijah Iles Sub
- Property Class: Vacant
- County Use Code: 50
Amenities
- Plus Four: 2513
Ownership Info
1416 S 7th St has no associated ownership info
1416 S 7th St has no associated ownership info.
Taxes
1416 S 7th St has 10 associated Taxes items
1416 S 7th St, 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 $9,708. The APN we've located for 1416 S 7th St is 22-03.0-103-005.
Unlock the full reportTax History
1416 S 7th St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $9,708 | Land Value $9,708 | Improvement Value | Tax Amount $786 | Change Rate +0.033531% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $9,054 | Land Value $9,054 | Improvement Value | Tax Amount $760.5 | Change Rate +0.040128% | Assessed CR | Tax Rate +0.083996% |
| Year 2023 | Assessed Value $8,270 | Land Value $8,270 | Improvement Value | Tax Amount $731.16 | Change Rate +0.040086% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $7,845 | Land Value $7,845 | Improvement Value | Tax Amount $702.98 | Change Rate +0.034311% | Assessed CR | Tax Rate +0.089609% |
| Year 2021 | Assessed Value $7,551 | Land Value $7,551 | Improvement Value | Tax Amount $679.66 | Change Rate +0.020327% | Assessed CR | Tax Rate +0.090009% |
| Year 2020 | Assessed Value $7,562 | Land Value $7,562 | Improvement Value | Tax Amount $666.12 | Change Rate +0.052156% | Assessed CR | Tax Rate +0.088088% |
| Year 2019 | Assessed Value $7,536 | Land Value $7,536 | Improvement Value | Tax Amount $633.1 | Change Rate | Assessed CR | Tax Rate +0.08401% |
| Year 2018 | Assessed Value $7,493 | Land Value $7,493 | Improvement Value | Tax Amount $633.1 | Change Rate +0.021162% | Assessed CR | Tax Rate +0.084492% |
| Year 2017 | Assessed Value $7,396 | Land Value $7,396 | Improvement Value | Tax Amount $619.98 | Change Rate +0.020039% | Assessed CR | Tax Rate +0.083826% |
| Year 2016 | Assessed Value $7,288 | Land Value $7,288 | Improvement Value | Tax Amount $607.8 | Change Rate +0.009769% | Assessed CR | Tax Rate +0.083397% |
| Year 2015 | Assessed Value $7,201 | Land Value $7,201 | Improvement Value | Tax Amount $601.92 | Change Rate +0.015282% | Assessed CR | Tax Rate +0.083588% |
| Year 2014 | Assessed Value $7,154 | Land Value $7,154 | Improvement Value | Tax Amount $592.86 | Change Rate +0.022843% | Assessed CR | Tax Rate +0.082871% |
| Year 2013 | Assessed Value $7,154 | Land Value $7,154 | Improvement Value | Tax Amount $579.62 | Change Rate | Assessed CR | Tax Rate +0.08102% |