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408 Forrest Ave; Springfield, IL Property Details

408 Forrest Ave, Springfield, IL is a Single Family. This property is currently Financed and is not for sale. Our records show that 408 Forrest Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,850 square feet. The lot size of 408 Forrest Ave is 6,999 square feet.

Off market
408 Forrest Ave Springfield, IL 62702
$74,900 Listing Price
3 Beds
2 Baths
1,850 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $87,500
  • Open Loans / Balance: 2 / $147,200
  • Est. Equity / %: $-57,200 / -63.56%
  • Gross Yield: 13.507%
  • APN: 14-26.0-477-009
  • Situs County: Sangamon
  • Length Of Ownership: 10 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,850/SqFt
  • Lot: 6,999/SqFt
  • Price Per Square Foot: $47.30

Legal Description

  • Description: S 50' W 170' L8 S G JONES SUB E1/2 SE 26-16-5
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: 39.805637 / -89.61766
  • Subdivision: S G Jones Sub
  • Property Class: Residential
  • Zoning: R3
  • County Use Code: 40

Amenities

  • Plus Four: 5804

Ownership Info

408 Forrest Ave has no associated ownership info
408 Forrest Ave has no associated ownership info.

Taxes

408 Forrest Ave has 10 associated Taxes items

408 Forrest Ave, 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 $25,601. The APN we've located for 408 Forrest Ave is 14-26.0-477-009.

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Taxes
  • Assessed Value:  $25,601
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-26.0-477-009
  • Assessed Land Value:  4092
  • Market Land Value:  12276
  • Tax Amount:  1586.98
  • Tax Year:  2025
  • Market Value:  76803
  • Market Year:  2025

Tax History

408 Forrest Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $25,601 Land Value $4,092 Improvement Value $21,509 Tax Amount $1,586.98 Change Rate +0.056873% Assessed CR Tax Rate +0.061989%
Year 2024 Assessed Value $23,877 Land Value $3,816 Improvement Value $20,061 Tax Amount $1,501.58 Change Rate +0.074261% Assessed CR Tax Rate +0.062888%
Year 2023 Assessed Value $21,810 Land Value $3,486 Improvement Value $18,324 Tax Amount $1,397.78 Change Rate +0.061917% Assessed CR Tax Rate +0.064089%
Year 2022 Assessed Value $20,689 Land Value $3,307 Improvement Value $17,382 Tax Amount $1,316.28 Change Rate +0.051006% Assessed CR Tax Rate +0.063622%
Year 2021 Assessed Value $19,914 Land Value $3,183 Improvement Value $16,731 Tax Amount $1,252.4 Change Rate +0.019621% Assessed CR Tax Rate +0.06289%
Year 2020 Assessed Value $19,944 Land Value $3,188 Improvement Value $16,756 Tax Amount $1,228.3 Change Rate -0.106262% Assessed CR Tax Rate +0.061587%
Year 2019 Assessed Value $16,026 Land Value $2,516 Improvement Value $13,510 Tax Amount $1,374.34 Change Rate Assessed CR Tax Rate +0.085757%
Year 2018 Assessed Value $16,330 Land Value $2,564 Improvement Value $13,766 Tax Amount $1,374.34 Change Rate +0.670605% Assessed CR Tax Rate +0.08416%
Year 2017 Assessed Value $15,833 Land Value $2,486 Improvement Value $13,347 Tax Amount $822.66 Change Rate +0.099284% Assessed CR Tax Rate +0.051959%
Year 2016 Assessed Value $14,946 Land Value $2,347 Improvement Value $12,599 Tax Amount $748.36 Change Rate +0.006293% Assessed CR Tax Rate +0.050071%
Year 2015 Assessed Value $14,877 Land Value $2,336 Improvement Value $12,541 Tax Amount $743.68 Change Rate -0.039942% Assessed CR Tax Rate +0.049989%
Year 2014 Assessed Value $15,360 Land Value $2,412 Improvement Value $12,948 Tax Amount $774.62 Change Rate -0.055779% Assessed CR Tax Rate +0.050431%
Year 2013 Assessed Value $16,224 Land Value $2,548 Improvement Value $13,676 Tax Amount $820.38 Change Rate Assessed CR Tax Rate +0.050566%