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2500 S 7th St; Springfield, IL Property Details

2500 S 7th St, Springfield, IL is a Single Family that was built in 1938. This property is currently Financed and is not for sale. Our records show that 2500 S 7th St has 2 bedrooms, and 2 bathrooms, and a total of 1,235 square feet. The lot size of 2500 S 7th St is 5,401 square feet.

Off market
2500 S 7th St Springfield, IL 62703
$85,000 Listing Price
2 Beds
2 Baths
1,235 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1938
  • Purchase Price: $82,000
  • Open Loans / Balance: 1 / $68,779
  • Est. Equity / %: $61,221 / 47.09%
  • Gross Yield: 8.982%
  • APN: 22-10.0-107-001
  • Situs County: Sangamon
  • Length Of Ownership: 5 years, 4 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2

Measurements

  • Total: 1,235/SqFt
  • Lot: 5,401/SqFt
  • Price Per Square Foot: $66.40

Legal Description

  • Description: HARVARD PARK 2ND PLAT L 898
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: 39.77108 / -89.64699
  • Subdivision: Harvard Park Second Plat
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3825

Ownership Info

2500 S 7th St has no associated ownership info
2500 S 7th St has no associated ownership info.

Taxes

2500 S 7th St has 10 associated Taxes items

2500 S 7th 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 $34,362. The APN we've located for 2500 S 7th St is 22-10.0-107-001.

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Taxes
  • Assessed Value:  $34,362
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-10.0-107-001
  • Assessed Land Value:  4236
  • Market Land Value:  12708
  • Tax Amount:  2782.08
  • Tax Year:  2025
  • Market Value:  103086
  • Market Year:  2025

Tax History

2500 S 7th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $34,362 Land Value $4,236 Improvement Value $30,126 Tax Amount $2,782.08 Change Rate +0.033508% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $32,048 Land Value $3,951 Improvement Value $28,097 Tax Amount $2,691.88 Change Rate +0.040115% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $29,273 Land Value $3,609 Improvement Value $25,664 Tax Amount $2,588.06 Change Rate +0.050852% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $27,484 Land Value $3,423 Improvement Value $24,061 Tax Amount $2,462.82 Change Rate +0.034277% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $26,455 Land Value $3,295 Improvement Value $23,160 Tax Amount $2,381.2 Change Rate -0.014869% Assessed CR Tax Rate +0.090009%
Year 2020 Assessed Value $27,440 Land Value $3,301 Improvement Value $24,139 Tax Amount $2,417.14 Change Rate +0.249142% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $27,344 Land Value $3,289 Improvement Value $24,055 Tax Amount $1,935.04 Change Rate Assessed CR Tax Rate +0.070767%
Year 2018 Assessed Value $28,902 Land Value $3,272 Improvement Value $25,630 Tax Amount $1,935.04 Change Rate +0.024633% Assessed CR Tax Rate +0.066952%
Year 2017 Assessed Value $28,529 Land Value $3,230 Improvement Value $25,299 Tax Amount $1,888.52 Change Rate +0.024065% Assessed CR Tax Rate +0.066197%
Year 2016 Assessed Value $28,113 Land Value $3,183 Improvement Value $24,930 Tax Amount $1,844.14 Change Rate +0.013108% Assessed CR Tax Rate +0.065597%
Year 2015 Assessed Value $27,777 Land Value $3,145 Improvement Value $24,632 Tax Amount $1,820.28 Change Rate +0.006391% Assessed CR Tax Rate +0.065532%
Year 2014 Assessed Value $27,598 Land Value $3,125 Improvement Value $24,473 Tax Amount $1,808.72 Change Rate +0.022823% Assessed CR Tax Rate +0.065538%
Year 2013 Assessed Value $27,826 Land Value $3,125 Improvement Value $24,701 Tax Amount $1,768.36 Change Rate Assessed CR Tax Rate +0.063551%