Large Location Icon

1427 N Michigan Ave; Springfield, IL Property Details

1427 N Michigan Ave, Springfield, IL is a Single Family. This property is not for sale. The lot size of 1427 N Michigan Ave is 5,436 square feet.

Off market
1427 N Michigan Ave Springfield, IL 62702
$10,525 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $9,000
  • Est. Equity / %: $117,000 / 100%
  • Gross Yield: 15.897%
  • APN: 14-22.0-479-007
  • Situs County: Sangamon
  • Length Of Ownership: 3 years, 3 months

Measurements

  • Lot: 5,436/SqFt

Legal Description

  • Description: L 126 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: 39.819736 / -89.6353
  • Subdivision: Reservoir Park Place
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 4022

Ownership Info

1427 N Michigan Ave has no associated ownership info
1427 N Michigan Ave has no associated ownership info.

Taxes

1427 N Michigan Ave has 10 associated Taxes items

1427 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 $10,525. The APN we've located for 1427 N Michigan Ave is 14-22.0-479-007.

Unlock the full report
Taxes
  • Assessed Value:  $10,525
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-22.0-479-007
  • Assessed Land Value:  2648
  • Market Land Value:  7944
  • Tax Amount:  852.16
  • Tax Year:  2025
  • Market Value:  31575
  • Market Year:  2025

Tax History

1427 N Michigan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $10,525 Land Value $2,648 Improvement Value $7,877 Tax Amount $852.16 Change Rate +0.033447% Assessed CR Tax Rate +0.080965%
Year 2024 Assessed Value $9,817 Land Value $2,470 Improvement Value $7,347 Tax Amount $824.58 Change Rate -0.265159% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $12,692 Land Value $2,255 Improvement Value $10,437 Tax Amount $1,122.12 Change Rate +0.040156% Assessed CR Tax Rate +0.088412%
Year 2022 Assessed Value $12,039 Land Value $2,139 Improvement Value $9,900 Tax Amount $1,078.8 Change Rate +0.034304% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $11,588 Land Value $2,059 Improvement Value $9,529 Tax Amount $1,043.02 Change Rate +0.020308% Assessed CR Tax Rate +0.090009%
Year 2020 Assessed Value $11,605 Land Value $2,062 Improvement Value $9,543 Tax Amount $1,022.26 Change Rate +0.487789% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $11,565 Land Value $2,055 Improvement Value $9,510 Tax Amount $687.1 Change Rate Assessed CR Tax Rate +0.059412%
Year 2018 Assessed Value $8,132 Land Value $2,045 Improvement Value $6,087 Tax Amount $687.1 Change Rate +0.021133% Assessed CR Tax Rate +0.084493%
Year 2017 Assessed Value $8,027 Land Value $2,019 Improvement Value $6,008 Tax Amount $672.88 Change Rate +0.020041% Assessed CR Tax Rate +0.083827%
Year 2016 Assessed Value $7,910 Land Value $1,990 Improvement Value $5,920 Tax Amount $659.66 Change Rate +0.009828% Assessed CR Tax Rate +0.083396%
Year 2015 Assessed Value $7,815 Land Value $1,966 Improvement Value $5,849 Tax Amount $653.24 Change Rate -0.030542% Assessed CR Tax Rate +0.083588%
Year 2014 Assessed Value $7,764 Land Value $1,953 Improvement Value $5,811 Tax Amount $673.82 Change Rate +0.02283% Assessed CR Tax Rate +0.086788%
Year 2013 Assessed Value $8,131 Land Value $1,953 Improvement Value $6,178 Tax Amount $658.78 Change Rate Assessed CR Tax Rate +0.081021%