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2518 S 7th St; Springfield, IL Property Details

2518 S 7th St, Springfield, IL is a Single Family that was built in 1939. This property is currently Financed and is not for sale. Our records show that 2518 S 7th St has 2 bedrooms, and 2 bathrooms, and a total of 1,254 square feet. The lot size of 2518 S 7th St is 5,402 square feet.

Off market
2518 S 7th St Springfield, IL 62703
$112,000 Listing Price
2 Beds
2 Baths
1,254 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1939
  • Purchase Price: $86,500
  • Open Loans / Balance: 1 / $59,814
  • Est. Equity / %: $77,186 / 56.34%
  • Gross Yield: 9.381%
  • APN: 22-10.0-107-005
  • Situs County: Sangamon
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2

Measurements

  • Total: 1,254/SqFt
  • Lot: 5,402/SqFt
  • Price Per Square Foot: $68.98

Legal Description

  • Description: HARVARD PARK 2ND PLAT L 902
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: 39.770622 / -89.64675
  • Subdivision: Harvard Park Second Plat
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3825

Ownership Info

2518 S 7th St has no associated ownership info
2518 S 7th St has no associated ownership info.

Taxes

2518 S 7th St has 10 associated Taxes items

2518 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 $37,529. The APN we've located for 2518 S 7th St is 22-10.0-107-005.

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Taxes
  • Assessed Value:  $37,529
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-10.0-107-005
  • Assessed Land Value:  4237
  • Market Land Value:  12711
  • Tax Amount:  2552.72
  • Tax Year:  2025
  • Market Value:  112587
  • Market Year:  2025

Tax History

2518 S 7th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $37,529 Land Value $4,237 Improvement Value $33,292 Tax Amount $2,552.72 Change Rate +0.047906% Assessed CR Tax Rate +0.06802%
Year 2024 Assessed Value $35,002 Land Value $3,952 Improvement Value $31,050 Tax Amount $2,436.02 Change Rate +0.060929% Assessed CR Tax Rate +0.069597%
Year 2023 Assessed Value $31,971 Land Value $3,610 Improvement Value $28,361 Tax Amount $2,296.12 Change Rate +0.053305% Assessed CR Tax Rate +0.071819%
Year 2022 Assessed Value $30,327 Land Value $3,424 Improvement Value $26,903 Tax Amount $2,179.92 Change Rate +0.044273% Assessed CR Tax Rate +0.071881%
Year 2021 Assessed Value $29,192 Land Value $3,296 Improvement Value $25,896 Tax Amount $2,087.5 Change Rate +0.019875% Assessed CR Tax Rate +0.071509%
Year 2020 Assessed Value $29,236 Land Value $3,301 Improvement Value $25,935 Tax Amount $2,046.82 Change Rate -0.092866% Assessed CR Tax Rate +0.07001%
Year 2019 Assessed Value $30,913 Land Value $3,289 Improvement Value $27,624 Tax Amount $2,256.36 Change Rate Assessed CR Tax Rate +0.072991%
Year 2018 Assessed Value $32,705 Land Value $3,272 Improvement Value $29,433 Tax Amount $2,256.36 Change Rate +0.024166% Assessed CR Tax Rate +0.068991%
Year 2017 Assessed Value $32,282 Land Value $3,230 Improvement Value $29,052 Tax Amount $2,203.12 Change Rate +0.023498% Assessed CR Tax Rate +0.068246%
Year 2016 Assessed Value $31,811 Land Value $3,183 Improvement Value $28,628 Tax Amount $2,152.54 Change Rate +0.012626% Assessed CR Tax Rate +0.067667%
Year 2015 Assessed Value $31,431 Land Value $3,145 Improvement Value $28,286 Tax Amount $2,125.7 Change Rate -0.004505% Assessed CR Tax Rate +0.067631%
Year 2014 Assessed Value $31,228 Land Value $3,125 Improvement Value $28,103 Tax Amount $2,135.32 Change Rate +0.02282% Assessed CR Tax Rate +0.068378%
Year 2013 Assessed Value $31,767 Land Value $3,125 Improvement Value $28,642 Tax Amount $2,087.68 Change Rate Assessed CR Tax Rate +0.065719%