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1516 S Lincoln Ave; Springfield, IL Property Details

1516 S Lincoln Ave, Springfield, IL is a Single Family that was built in 1934. This property is currently Financed and is not for sale. Our records show that 1516 S Lincoln Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 2,771 square feet. The lot size of 1516 S Lincoln Ave is 11,435 square feet.

Off market
1516 S Lincoln Ave Springfield, IL 62704
$166,000 Listing Price
3 Beds
2.5 Baths
2,771 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1934
  • Purchase Price: $166,000
  • Open Loans / Balance: 1 / $99,504
  • Est. Equity / %: $210,496 / 67.9%
  • Gross Yield: 5.861%
  • APN: 22-05.0-230-005
  • Situs County: Sangamon
  • Length Of Ownership: 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5

Measurements

  • Total: 2,771/SqFt
  • Lot: 11,435/SqFt
  • Price Per Square Foot: $59.91

Legal Description

  • Description: WANLESS PARKSIDE ADDN S1/2 L 5 & ALL L 6
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: 39.78417 / -89.67273
  • Subdivision: Wanless Parkside Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3417

Ownership Info

1516 S Lincoln Ave has no associated ownership info
1516 S Lincoln Ave has no associated ownership info.

Taxes

1516 S Lincoln Ave has 10 associated Taxes items

1516 S Lincoln 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 $76,054. The APN we've located for 1516 S Lincoln Ave is 22-05.0-230-005.

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Taxes
  • Assessed Value:  $76,054
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-05.0-230-005
  • Assessed Land Value:  12742
  • Market Land Value:  38226
  • Tax Amount:  5267.04
  • Tax Year:  2025
  • Market Value:  228162
  • Market Year:  2025

Tax History

1516 S Lincoln Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $76,054 Land Value $12,742 Improvement Value $63,312 Tax Amount $5,267.04 Change Rate +0.046277% Assessed CR Tax Rate +0.069254%
Year 2024 Assessed Value $70,933 Land Value $11,884 Improvement Value $59,049 Tax Amount $5,034.08 Change Rate +0.058532% Assessed CR Tax Rate +0.07097%
Year 2023 Assessed Value $64,791 Land Value $10,855 Improvement Value $53,936 Tax Amount $4,755.72 Change Rate +0.05176% Assessed CR Tax Rate +0.073401%
Year 2022 Assessed Value $61,460 Land Value $10,297 Improvement Value $51,163 Tax Amount $4,521.68 Change Rate +0.043145% Assessed CR Tax Rate +0.073571%
Year 2021 Assessed Value $59,158 Land Value $9,911 Improvement Value $49,247 Tax Amount $4,334.66 Change Rate +0.019925% Assessed CR Tax Rate +0.073273%
Year 2020 Assessed Value $59,247 Land Value $9,926 Improvement Value $49,321 Tax Amount $4,249.98 Change Rate +0.107354% Assessed CR Tax Rate +0.071733%
Year 2019 Assessed Value $59,040 Land Value $9,891 Improvement Value $49,149 Tax Amount $3,837.96 Change Rate Assessed CR Tax Rate +0.065006%
Year 2018 Assessed Value $56,424 Land Value $9,843 Improvement Value $46,581 Tax Amount $3,837.96 Change Rate +0.024385% Assessed CR Tax Rate +0.06802%
Year 2017 Assessed Value $55,695 Land Value $9,716 Improvement Value $45,979 Tax Amount $3,746.6 Change Rate +0.115963% Assessed CR Tax Rate +0.06727%
Year 2016 Assessed Value $54,882 Land Value $9,574 Improvement Value $45,308 Tax Amount $3,357.28 Change Rate -0.070814% Assessed CR Tax Rate +0.061173%
Year 2015 Assessed Value $54,226 Land Value $9,460 Improvement Value $44,766 Tax Amount $3,613.14 Change Rate +0.083043% Assessed CR Tax Rate +0.066631%
Year 2014 Assessed Value $53,876 Land Value $9,399 Improvement Value $44,477 Tax Amount $3,336.1 Change Rate +0.010345% Assessed CR Tax Rate +0.061922%
Year 2013 Assessed Value $51,754 Land Value $9,398 Improvement Value $42,356 Tax Amount $3,301.94 Change Rate Assessed CR Tax Rate +0.063801%