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1501 S Walnut St; Springfield, IL Property Details

1501 S Walnut St, Springfield, IL is a Single Family. This property is not for sale. Our records show that 1501 S Walnut St has 2 bedrooms, and 1 bathroom, and a total of 1,322 square feet. The lot size of 1501 S Walnut St is 6,156 square feet.

Off market
1501 S Walnut St Springfield, IL 62704
$74,900 Listing Price
2 Beds
1 Baths
1,322 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $66,000
  • Est. Equity / %: $122,000 / 100%
  • Gross Yield: 9.216%
  • APN: 22-04.0-108-022
  • Situs County: Sangamon
  • Length Of Ownership: 12 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1

Measurements

  • Total: 1,322/SqFt
  • Lot: 6,156/SqFt
  • Price Per Square Foot: $49.92

Legal Description

  • Description: L 18 B 7 GEHLMAN & TURNER SUB
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: 39.784637 / -89.664474
  • Subdivision: Gehlman & Turner Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3646

Ownership Info

1501 S Walnut St has no associated ownership info
1501 S Walnut St has no associated ownership info.

Taxes

1501 S Walnut St has 10 associated Taxes items

1501 S Walnut 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 $35,375. The APN we've located for 1501 S Walnut St is 22-04.0-108-022.

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Taxes
  • Assessed Value:  $35,375
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-04.0-108-022
  • Assessed Land Value:  6590
  • Market Land Value:  19770
  • Tax Amount:  2378.32
  • Tax Year:  2025
  • Market Value:  106125
  • Market Year:  2025

Tax History

1501 S Walnut St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $35,375 Land Value $6,590 Improvement Value $28,785 Tax Amount $2,378.32 Change Rate +0.048975% Assessed CR Tax Rate +0.067232%
Year 2024 Assessed Value $32,993 Land Value $6,146 Improvement Value $26,847 Tax Amount $2,267.28 Change Rate +0.062505% Assessed CR Tax Rate +0.06872%
Year 2023 Assessed Value $30,136 Land Value $5,614 Improvement Value $24,522 Tax Amount $2,133.9 Change Rate +0.05434% Assessed CR Tax Rate +0.070809%
Year 2022 Assessed Value $28,586 Land Value $5,325 Improvement Value $23,261 Tax Amount $2,023.92 Change Rate +0.045068% Assessed CR Tax Rate +0.070801%
Year 2021 Assessed Value $27,516 Land Value $5,126 Improvement Value $22,390 Tax Amount $1,936.64 Change Rate +0.019821% Assessed CR Tax Rate +0.070382%
Year 2020 Assessed Value $27,558 Land Value $5,134 Improvement Value $22,424 Tax Amount $1,899 Change Rate +0.318988% Assessed CR Tax Rate +0.068909%
Year 2019 Assessed Value $27,462 Land Value $5,116 Improvement Value $22,346 Tax Amount $1,439.74 Change Rate Assessed CR Tax Rate +0.052427%
Year 2018 Assessed Value $23,040 Land Value $5,091 Improvement Value $17,949 Tax Amount $1,439.74 Change Rate +0.02588% Assessed CR Tax Rate +0.062489%
Year 2017 Assessed Value $22,742 Land Value $5,025 Improvement Value $17,717 Tax Amount $1,403.42 Change Rate +0.025427% Assessed CR Tax Rate +0.06171%
Year 2016 Assessed Value $22,411 Land Value $4,952 Improvement Value $17,459 Tax Amount $1,368.62 Change Rate +0.014288% Assessed CR Tax Rate +0.061069%
Year 2015 Assessed Value $22,143 Land Value $4,893 Improvement Value $17,250 Tax Amount $1,349.34 Change Rate +0.103159% Assessed CR Tax Rate +0.060938%
Year 2014 Assessed Value $22,000 Land Value $4,861 Improvement Value $17,139 Tax Amount $1,223.16 Change Rate +0.022812% Assessed CR Tax Rate +0.055598%
Year 2013 Assessed Value $25,760 Land Value $4,860 Improvement Value $20,900 Tax Amount $1,195.88 Change Rate Assessed CR Tax Rate +0.046424%