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40 Lilac Ln; Springfield, IL Property Details

40 Lilac Ln, Springfield, IL is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 40 Lilac Ln has 2 bedrooms, and 2 bathrooms, and a total of 616 square feet. The lot size of 40 Lilac Ln is 5,025 square feet.

Off market
40 Lilac Ln Springfield, IL 62702
$90,000 Listing Price
2 Beds
2 Baths
616 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Purchase Price: $90,000
  • Open Loans / Balance: 1 / $64,943
  • Est. Equity / %: $39,057 / 37.55%
  • Gross Yield: 9.785%
  • APN: 14-20.0-453-006
  • Situs County: Sangamon
  • Length Of Ownership: 2 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2

Measurements

  • Total: 616/SqFt
  • Lot: 5,025/SqFt
  • Price Per Square Foot: $146.10

Legal Description

  • Description: L 82 CLOVER ACRES
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: 39.81732 / -89.67976
  • Subdivision: Clover Acres
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 1641

Ownership Info

40 Lilac Ln has no associated ownership info
40 Lilac Ln has no associated ownership info.

Taxes

40 Lilac Ln has 10 associated Taxes items

40 Lilac Ln, 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 $28,300. The APN we've located for 40 Lilac Ln is 14-20.0-453-006.

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Taxes
  • Assessed Value:  $28,300
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-20.0-453-006
  • Assessed Land Value:  3320
  • Market Land Value:  9960
  • Tax Amount:  1805.5
  • Tax Year:  2025
  • Market Value:  84900
  • Market Year:  2025

Tax History

40 Lilac Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $28,300 Land Value $3,320 Improvement Value $24,980 Tax Amount $1,805.5 Change Rate -0.00825% Assessed CR Tax Rate +0.063799%
Year 2024 Assessed Value $27,494 Land Value $3,096 Improvement Value $24,398 Tax Amount $1,820.52 Change Rate -0.352059% Assessed CR Tax Rate +0.066215%
Year 2023 Assessed Value $31,780 Land Value $2,827 Improvement Value $28,953 Tax Amount $2,809.7 Change Rate +2.749666% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $16,362 Land Value $2,682 Improvement Value $13,680 Tax Amount $749.32 Change Rate +0.074171% Assessed CR Tax Rate +0.045796%
Year 2021 Assessed Value $15,750 Land Value $2,582 Improvement Value $13,168 Tax Amount $697.58 Change Rate +0.018662% Assessed CR Tax Rate +0.044291%
Year 2020 Assessed Value $15,774 Land Value $2,586 Improvement Value $13,188 Tax Amount $684.8 Change Rate +0.060554% Assessed CR Tax Rate +0.043413%
Year 2019 Assessed Value $15,719 Land Value $2,577 Improvement Value $13,142 Tax Amount $645.7 Change Rate -0.207419% Assessed CR Tax Rate +0.041078%
Year 2018 Assessed Value $15,642 Land Value $2,564 Improvement Value $13,078 Tax Amount $814.68 Change Rate +0.306247% Assessed CR Tax Rate +0.052083%
Year 2017 Assessed Value $15,440 Land Value $2,531 Improvement Value $12,909 Tax Amount $623.68 Change Rate +0.03653% Assessed CR Tax Rate +0.040394%
Year 2016 Assessed Value $15,215 Land Value $2,494 Improvement Value $12,721 Tax Amount $601.7 Change Rate +0.023508% Assessed CR Tax Rate +0.039547%
Year 2015 Assessed Value $15,033 Land Value $2,464 Improvement Value $12,569 Tax Amount $587.88 Change Rate +0.022756% Assessed CR Tax Rate +0.039106%
Year 2014 Assessed Value $14,936 Land Value $2,448 Improvement Value $12,488 Tax Amount $574.8 Change Rate +0.022849% Assessed CR Tax Rate +0.038484%
Year 2013 Assessed Value $14,936 Land Value $2,448 Improvement Value $12,488 Tax Amount $561.96 Change Rate Assessed CR Tax Rate +0.037625%