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1540 Reed Ave; Springfield, IL Property Details

1540 Reed Ave, Springfield, IL is a Single Family. This property is currently Financed and is not for sale. Our records show that 1540 Reed Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,788 square feet. The lot size of 1540 Reed Ave is 14,781 square feet.

Off market
1540 Reed Ave Springfield, IL 62704
$102,000 Listing Price
3 Beds
2 Baths
1,788 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $149,000
  • Open Loans: 1
  • Gross Yield: 10.596%
  • APN: 22-08.0-176-007
  • Situs County: Sangamon
  • Length Of Ownership: 1 year, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,788/SqFt
  • Lot: 14,781/SqFt
  • Price Per Square Foot: $83.33

Legal Description

  • Description: ALTA SITA GARDENS ADDN L 5 80'X184.76' B 8
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: 39.767185 / -89.67887
  • Subdivision: Alta Sita Gardens Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 4866

HOA

  • H O A One: $100
  • H O A Amount: $100
  • H O A One Frequency: Monthly
  • H O A One Type: Home Owner Association

Ownership Info

1540 Reed Ave has no associated ownership info
1540 Reed Ave has no associated ownership info.

Taxes

1540 Reed Ave has 10 associated Taxes items

1540 Reed 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 $51,121. The APN we've located for 1540 Reed Ave is 22-08.0-176-007.

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Taxes
  • Assessed Value:  $51,121
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-08.0-176-007
  • Assessed Land Value:  11936
  • Market Land Value:  35808
  • Tax Amount:  4007.64
  • Tax Year:  2025
  • Market Value:  153363
  • Market Year:  2025

Tax History

1540 Reed Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $51,121 Land Value $11,936 Improvement Value $39,185 Tax Amount $4,007.64 Change Rate +0.119215% Assessed CR Tax Rate +0.078395%
Year 2024 Assessed Value $43,775 Land Value $11,103 Improvement Value $32,672 Tax Amount $3,580.76 Change Rate +0.019945% Assessed CR Tax Rate +0.081799%
Year 2023 Assessed Value $40,533 Land Value $10,281 Improvement Value $30,252 Tax Amount $3,510.74 Change Rate +0.042134% Assessed CR Tax Rate +0.086614%
Year 2022 Assessed Value $38,358 Land Value $9,729 Improvement Value $28,629 Tax Amount $3,368.8 Change Rate +0.036076% Assessed CR Tax Rate +0.087825%
Year 2021 Assessed Value $36,855 Land Value $9,348 Improvement Value $27,507 Tax Amount $3,251.5 Change Rate +0.036229% Assessed CR Tax Rate +0.088224%
Year 2020 Assessed Value $36,454 Land Value $9,246 Improvement Value $27,208 Tax Amount $3,137.82 Change Rate +0.073346% Assessed CR Tax Rate +0.086076%
Year 2019 Assessed Value $35,816 Land Value $9,084 Improvement Value $26,732 Tax Amount $2,923.4 Change Rate Assessed CR Tax Rate +0.081623%
Year 2018 Assessed Value $35,663 Land Value $9,045 Improvement Value $26,618 Tax Amount $2,923.4 Change Rate +0.024403% Assessed CR Tax Rate +0.081973%
Year 2017 Assessed Value $35,115 Land Value $8,906 Improvement Value $26,209 Tax Amount $2,853.76 Change Rate +0.031102% Assessed CR Tax Rate +0.081269%
Year 2016 Assessed Value $34,208 Land Value $8,676 Improvement Value $25,532 Tax Amount $2,767.68 Change Rate +0.018885% Assessed CR Tax Rate +0.080907%
Year 2015 Assessed Value $33,436 Land Value $8,480 Improvement Value $24,956 Tax Amount $2,716.38 Change Rate +0.01718% Assessed CR Tax Rate +0.081241%
Year 2014 Assessed Value $33,157 Land Value $8,409 Improvement Value $24,748 Tax Amount $2,670.5 Change Rate +0.236549% Assessed CR Tax Rate +0.080541%
Year 2013 Assessed Value $33,512 Land Value $8,499 Improvement Value $25,013 Tax Amount $2,159.64 Change Rate Assessed CR Tax Rate +0.064444%