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2040 Cherry Rd; Springfield, IL Property Details

2040 Cherry Rd, Springfield, IL is a Single Family. This property is not for sale. The lot size of 2040 Cherry Rd is 16,117 square feet.

Off market
2040 Cherry Rd Springfield, IL 62704
$86,750 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $500
  • Est. Equity / %: $295,000 / 100%
  • Gross Yield: 10.365%
  • APN: 22-06.0-429-004
  • Situs County: Sangamon
  • Length Of Ownership: 16 years, 6 months

Measurements

  • Lot: 16,117/SqFt

Legal Description

  • Description: LINDSAY PLACE L 32 & PIECE OF DEEDED FORMER ALLEY WAY (16,184 SQ FT) 6-15-5
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: 39.77708 / -89.69016
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3211

Ownership Info

2040 Cherry Rd has no associated ownership info
2040 Cherry Rd has no associated ownership info.

Taxes

2040 Cherry Rd has 10 associated Taxes items

2040 Cherry Rd, 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 $86,750. The APN we've located for 2040 Cherry Rd is 22-06.0-429-004.

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Taxes
  • Assessed Value:  $86,750
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-06.0-429-004
  • Assessed Land Value:  23966
  • Market Land Value:  71898
  • Tax Amount:  6555.26
  • Tax Year:  2025
  • Market Value:  260250
  • Market Year:  2025

Tax History

2040 Cherry Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $86,750 Land Value $23,966 Improvement Value $62,784 Tax Amount $6,555.26 Change Rate +0.039402% Assessed CR Tax Rate +0.075565%
Year 2024 Assessed Value $80,698 Land Value $22,294 Improvement Value $58,404 Tax Amount $6,306.76 Change Rate +0.036696% Assessed CR Tax Rate +0.078153%
Year 2023 Assessed Value $74,721 Land Value $20,643 Improvement Value $54,078 Tax Amount $6,083.52 Change Rate +0.054095% Assessed CR Tax Rate +0.081416%
Year 2022 Assessed Value $70,711 Land Value $19,535 Improvement Value $51,176 Tax Amount $5,771.32 Change Rate +0.044114% Assessed CR Tax Rate +0.081618%
Year 2021 Assessed Value $67,939 Land Value $18,769 Improvement Value $49,170 Tax Amount $5,527.48 Change Rate +0.036666% Assessed CR Tax Rate +0.081359%
Year 2020 Assessed Value $67,200 Land Value $18,565 Improvement Value $48,635 Tax Amount $5,331.98 Change Rate +0.076381% Assessed CR Tax Rate +0.079345%
Year 2019 Assessed Value $66,024 Land Value $18,240 Improvement Value $47,784 Tax Amount $4,953.62 Change Rate Assessed CR Tax Rate +0.075028%
Year 2018 Assessed Value $65,741 Land Value $18,162 Improvement Value $47,579 Tax Amount $4,953.62 Change Rate +0.028021% Assessed CR Tax Rate +0.075351%
Year 2017 Assessed Value $64,731 Land Value $17,883 Improvement Value $46,848 Tax Amount $4,818.6 Change Rate +0.036592% Assessed CR Tax Rate +0.07444%
Year 2016 Assessed Value $63,060 Land Value $17,421 Improvement Value $45,639 Tax Amount $4,648.5 Change Rate -0.06636% Assessed CR Tax Rate +0.073716%
Year 2015 Assessed Value $61,637 Land Value $17,028 Improvement Value $44,609 Tax Amount $4,978.9 Change Rate +0.017718% Assessed CR Tax Rate +0.080778%
Year 2014 Assessed Value $61,123 Land Value $16,886 Improvement Value $44,237 Tax Amount $4,892.22 Change Rate +0.014596% Assessed CR Tax Rate +0.080039%
Year 2013 Assessed Value $61,778 Land Value $17,067 Improvement Value $44,711 Tax Amount $4,821.84 Change Rate Assessed CR Tax Rate +0.078051%