Large Location Icon

2541 S 5th St; Springfield, IL Property Details

2541 S 5th St, Springfield, IL is a Single Family that was built in 1940. This property is currently Financed and is not for sale. Our records show that 2541 S 5th St has 2 bedrooms, and 2 bathrooms, and a total of 1,655 square feet. The lot size of 2541 S 5th St is 6,940 square feet.

Off market
2541 S 5th St Springfield, IL 62703
$145,000 Listing Price
2 Beds
2 Baths
1,655 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1940
  • Purchase Price: $145,000
  • Open Loans / Balance: 1 / $139,788
  • Est. Equity / %: $-10,788 / -8.36%
  • Gross Yield: 12.233%
  • APN: 22-09.0-230-023
  • Situs County: Sangamon
  • Length Of Ownership: 11 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2

Measurements

  • Total: 1,655/SqFt
  • Lot: 6,940/SqFt
  • Price Per Square Foot: $87.61

Legal Description

  • Description: PAYNES S SIDE ADDN 6TH PLAT S 24.42' L 11 & N 20.58' L 12 B 34
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: 39.76984 / -89.65025
  • Subdivision: Paynes S Side Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3801

Ownership Info

2541 S 5th St has no associated ownership info
2541 S 5th St has no associated ownership info.

Taxes

2541 S 5th St has 10 associated Taxes items

2541 S 5th 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 $38,504. The APN we've located for 2541 S 5th St is 22-09.0-230-023.

Unlock the full report
Taxes
  • Assessed Value:  $38,504
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-09.0-230-023
  • Assessed Land Value:  4437
  • Market Land Value:  13311
  • Tax Amount:  2631.66
  • Tax Year:  2025
  • Market Value:  115512
  • Market Year:  2025

Tax History

2541 S 5th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $38,504 Land Value $4,437 Improvement Value $34,067 Tax Amount $2,631.66 Change Rate +0.090193% Assessed CR Tax Rate +0.068348%
Year 2024 Assessed Value $34,739 Land Value $4,138 Improvement Value $30,601 Tax Amount $2,413.94 Change Rate +0.061119% Assessed CR Tax Rate +0.069488%
Year 2023 Assessed Value $31,731 Land Value $3,780 Improvement Value $27,951 Tax Amount $2,274.9 Change Rate +0.053399% Assessed CR Tax Rate +0.071693%
Year 2022 Assessed Value $30,100 Land Value $3,586 Improvement Value $26,514 Tax Amount $2,159.58 Change Rate +0.044395% Assessed CR Tax Rate +0.071747%
Year 2021 Assessed Value $28,973 Land Value $3,452 Improvement Value $25,521 Tax Amount $2,067.78 Change Rate +0.019897% Assessed CR Tax Rate +0.071369%
Year 2020 Assessed Value $29,016 Land Value $3,457 Improvement Value $25,559 Tax Amount $2,027.44 Change Rate -0.080668% Assessed CR Tax Rate +0.069873%
Year 2019 Assessed Value $28,915 Land Value $3,445 Improvement Value $25,470 Tax Amount $2,205.34 Change Rate Assessed CR Tax Rate +0.07627%
Year 2018 Assessed Value $32,101 Land Value $3,427 Improvement Value $28,674 Tax Amount $2,205.34 Change Rate +0.024234% Assessed CR Tax Rate +0.0687%
Year 2017 Assessed Value $31,686 Land Value $3,383 Improvement Value $28,303 Tax Amount $2,153.16 Change Rate +0.023569% Assessed CR Tax Rate +0.067953%
Year 2016 Assessed Value $31,224 Land Value $3,334 Improvement Value $27,890 Tax Amount $2,103.58 Change Rate +0.108992% Assessed CR Tax Rate +0.067371%
Year 2015 Assessed Value $28,693 Land Value $3,294 Improvement Value $25,399 Tax Amount $1,896.84 Change Rate +0.064122% Assessed CR Tax Rate +0.066108%
Year 2014 Assessed Value $28,508 Land Value $3,273 Improvement Value $25,235 Tax Amount $1,782.54 Change Rate +0.022826% Assessed CR Tax Rate +0.062528%
Year 2013 Assessed Value $27,510 Land Value $3,273 Improvement Value $24,237 Tax Amount $1,742.76 Change Rate Assessed CR Tax Rate +0.06335%