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1425 N Michigan Ave; Springfield, IL Property Details

1425 N Michigan Ave, Springfield, IL is a Single Family. This property is not for sale. The lot size of 1425 N Michigan Ave is 5,436 square feet.

Off market
1425 N Michigan Ave Springfield, IL 62702
$14,445 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $15,500
  • Open Loans / Balance: 1 / $16,144
  • Est. Equity / %: $100,856 / 86.2%
  • Gross Yield: 15.897%
  • APN: 14-22.0-479-008
  • Situs County: Sangamon
  • Length Of Ownership: 6 months

Measurements

  • Lot: 5,436/SqFt

Legal Description

  • Description: L 125 RESERVOIR PARK PLACE
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: 39.819622 / -89.63544
  • Subdivision: Reservoir Park Place
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 4022

Ownership Info

1425 N Michigan Ave has no associated ownership info
1425 N Michigan Ave has no associated ownership info.

Taxes

1425 N Michigan Ave has 10 associated Taxes items

1425 N Michigan 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 $14,445. The APN we've located for 1425 N Michigan Ave is 14-22.0-479-008.

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Taxes
  • Assessed Value:  $14,445
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-22.0-479-008
  • Assessed Land Value:  2647
  • Market Land Value:  7941
  • Tax Amount:  1169.52
  • Tax Year:  2025
  • Market Value:  43335
  • Market Year:  2025

Tax History

1425 N Michigan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $14,445 Land Value $2,647 Improvement Value $11,798 Tax Amount $1,169.52 Change Rate +0.033455% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $13,473 Land Value $2,469 Improvement Value $11,004 Tax Amount $1,131.66 Change Rate +0.040129% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $12,306 Land Value $2,255 Improvement Value $10,051 Tax Amount $1,088 Change Rate +1.140216% Assessed CR Tax Rate +0.088412%
Year 2022 Assessed Value $11,673 Land Value $2,139 Improvement Value $9,534 Tax Amount $508.36 Change Rate +0.078634% Assessed CR Tax Rate +0.04355%
Year 2021 Assessed Value $11,236 Land Value $2,059 Improvement Value $9,177 Tax Amount $471.3 Change Rate +0.018499% Assessed CR Tax Rate +0.041946%
Year 2020 Assessed Value $11,253 Land Value $2,062 Improvement Value $9,191 Tax Amount $462.74 Change Rate +0.061574% Assessed CR Tax Rate +0.041121%
Year 2019 Assessed Value $11,214 Land Value $2,055 Improvement Value $9,159 Tax Amount $435.9 Change Rate Assessed CR Tax Rate +0.038871%
Year 2018 Assessed Value $11,159 Land Value $2,045 Improvement Value $9,114 Tax Amount $435.9 Change Rate -0.52791% Assessed CR Tax Rate +0.039063%
Year 2017 Assessed Value $11,015 Land Value $2,019 Improvement Value $8,996 Tax Amount $923.34 Change Rate +0.019972% Assessed CR Tax Rate +0.083826%
Year 2016 Assessed Value $10,855 Land Value $1,990 Improvement Value $8,865 Tax Amount $905.26 Change Rate +0.009794% Assessed CR Tax Rate +0.083396%
Year 2015 Assessed Value $10,725 Land Value $1,966 Improvement Value $8,759 Tax Amount $896.48 Change Rate -0.034901% Assessed CR Tax Rate +0.083588%
Year 2014 Assessed Value $10,655 Land Value $1,953 Improvement Value $8,702 Tax Amount $928.9 Change Rate +0.022837% Assessed CR Tax Rate +0.08718%
Year 2013 Assessed Value $11,209 Land Value $1,953 Improvement Value $9,256 Tax Amount $908.16 Change Rate Assessed CR Tax Rate +0.081021%