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2540 S 7th St; Springfield, IL Property Details

2540 S 7th St, Springfield, IL is a Single Family. This property is not for sale. Our records show that 2540 S 7th St has 3 bedrooms, and 1 bathroom, and a total of 1,882 square feet. The lot size of 2540 S 7th St is 5,402 square feet.

Off market
2540 S 7th St Springfield, IL 62703
$168,000 Listing Price
3 Beds
1 Baths
1,882 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $86,000
  • Est. Equity / %: $149,000 / 100%
  • Gross Yield: 7.579%
  • APN: 22-10.0-107-011
  • Situs County: Sangamon
  • Length Of Ownership: 10 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Total: 1,882/SqFt
  • Lot: 5,402/SqFt
  • Price Per Square Foot: $45.70

Legal Description

  • Description: HARVARD PARK 2ND PLAT L 908
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: 39.769985 / -89.64696
  • Subdivision: Harvard K 02
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3825

Ownership Info

2540 S 7th St has no associated ownership info
2540 S 7th St has no associated ownership info.

Taxes

2540 S 7th St has 10 associated Taxes items

2540 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 $33,224. The APN we've located for 2540 S 7th St is 22-10.0-107-011.

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Taxes
  • Assessed Value:  $33,224
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-10.0-107-011
  • Assessed Land Value:  4237
  • Market Land Value:  12711
  • Tax Amount:  2204.16
  • Tax Year:  2025
  • Market Value:  99672
  • Market Year:  2025

Tax History

2540 S 7th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $33,224 Land Value $4,237 Improvement Value $28,987 Tax Amount $2,204.16 Change Rate +0.05021% Assessed CR Tax Rate +0.066342%
Year 2024 Assessed Value $30,987 Land Value $3,952 Improvement Value $27,035 Tax Amount $2,098.78 Change Rate +0.064333% Assessed CR Tax Rate +0.067731%
Year 2023 Assessed Value $28,304 Land Value $3,610 Improvement Value $24,694 Tax Amount $1,971.92 Change Rate +0.05553% Assessed CR Tax Rate +0.069669%
Year 2022 Assessed Value $26,848 Land Value $3,424 Improvement Value $23,424 Tax Amount $1,868.18 Change Rate +0.045978% Assessed CR Tax Rate +0.069584%
Year 2021 Assessed Value $25,843 Land Value $3,296 Improvement Value $22,547 Tax Amount $1,786.06 Change Rate +0.019802% Assessed CR Tax Rate +0.069112%
Year 2020 Assessed Value $25,882 Land Value $3,301 Improvement Value $22,581 Tax Amount $1,751.38 Change Rate -0.02441% Assessed CR Tax Rate +0.067668%
Year 2019 Assessed Value $25,791 Land Value $3,289 Improvement Value $22,502 Tax Amount $1,795.2 Change Rate Assessed CR Tax Rate +0.069606%
Year 2018 Assessed Value $27,247 Land Value $3,272 Improvement Value $23,975 Tax Amount $1,795.2 Change Rate +0.024927% Assessed CR Tax Rate +0.065886%
Year 2017 Assessed Value $26,895 Land Value $3,230 Improvement Value $23,665 Tax Amount $1,751.54 Change Rate +0.024364% Assessed CR Tax Rate +0.065125%
Year 2016 Assessed Value $26,503 Land Value $3,183 Improvement Value $23,320 Tax Amount $1,709.88 Change Rate +0.347041% Assessed CR Tax Rate +0.064516%
Year 2015 Assessed Value $26,186 Land Value $3,145 Improvement Value $23,041 Tax Amount $1,269.36 Change Rate -0.008839% Assessed CR Tax Rate +0.048475%
Year 2014 Assessed Value $26,017 Land Value $3,125 Improvement Value $22,892 Tax Amount $1,280.68 Change Rate +0.022826% Assessed CR Tax Rate +0.049225%
Year 2013 Assessed Value $26,454 Land Value $3,125 Improvement Value $23,329 Tax Amount $1,252.1 Change Rate Assessed CR Tax Rate +0.047331%