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507 S Lincoln Ave; Springfield, IL Property Details

507 S Lincoln Ave, Springfield, IL is a Single Family that was built in 1900. This property is not for sale. Our records show that 507 S Lincoln Ave has 4 bedrooms, and 2 bathrooms, and a total of 1,772 square feet. The lot size of 507 S Lincoln Ave is 7,502 square feet.

Off market
507 S Lincoln Ave Springfield, IL 62704
$163,500 Listing Price
4 Beds
2 Baths
1,772 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1900
  • Purchase Price: $163,500
  • Est. Equity / %: $202,000 / 100%
  • Gross Yield: 10.23%
  • APN: 14-32.0-277-015
  • Situs County: Sangamon
  • Length Of Ownership: 4 years, 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2

Measurements

  • Total: 1,772/SqFt
  • Lot: 7,502/SqFt
  • Price Per Square Foot: $92.27

Legal Description

  • Description: L 2 HUMMERS SUB L 1 BAKER & SMITH SUB
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: 39.797527 / -89.6732
  • Subdivision: Hummers Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 1607

Ownership Info

507 S Lincoln Ave has no associated ownership info
507 S Lincoln Ave has no associated ownership info.

Taxes

507 S Lincoln Ave has 10 associated Taxes items

507 S Lincoln 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 $58,143. The APN we've located for 507 S Lincoln Ave is 14-32.0-277-015.

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Taxes
  • Assessed Value:  $58,143
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-32.0-277-015
  • Assessed Land Value:  6895
  • Market Land Value:  20685
  • Tax Amount:  4707.5
  • Tax Year:  2025
  • Market Value:  174429
  • Market Year:  2025

Tax History

507 S Lincoln Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $58,143 Land Value $6,895 Improvement Value $51,248 Tax Amount $4,707.5 Change Rate +0.054883% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $53,129 Land Value $6,431 Improvement Value $46,698 Tax Amount $4,462.58 Change Rate +0.040127% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $48,528 Land Value $5,874 Improvement Value $42,654 Tax Amount $4,290.42 Change Rate +0.195996% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $46,033 Land Value $5,572 Improvement Value $40,461 Tax Amount $3,587.32 Change Rate +0.262758% Assessed CR Tax Rate +0.077929%
Year 2021 Assessed Value $37,562 Land Value $5,364 Improvement Value $32,198 Tax Amount $2,840.86 Change Rate +0.019992% Assessed CR Tax Rate +0.075631%
Year 2020 Assessed Value $37,618 Land Value $5,372 Improvement Value $32,246 Tax Amount $2,785.18 Change Rate +0.064997% Assessed CR Tax Rate +0.074038%
Year 2019 Assessed Value $37,487 Land Value $5,353 Improvement Value $32,134 Tax Amount $2,615.2 Change Rate Assessed CR Tax Rate +0.069763%
Year 2018 Assessed Value $36,952 Land Value $5,327 Improvement Value $31,625 Tax Amount $2,615.2 Change Rate +0.023754% Assessed CR Tax Rate +0.070773%
Year 2017 Assessed Value $36,474 Land Value $5,258 Improvement Value $31,216 Tax Amount $2,554.52 Change Rate +0.023019% Assessed CR Tax Rate +0.070037%
Year 2016 Assessed Value $35,942 Land Value $5,181 Improvement Value $30,761 Tax Amount $2,497.04 Change Rate +0.012251% Assessed CR Tax Rate +0.069474%
Year 2015 Assessed Value $35,512 Land Value $5,119 Improvement Value $30,393 Tax Amount $2,466.82 Change Rate +0.069072% Assessed CR Tax Rate +0.069464%
Year 2014 Assessed Value $35,283 Land Value $5,086 Improvement Value $30,197 Tax Amount $2,307.44 Change Rate +0.657799% Assessed CR Tax Rate +0.065398%
Year 2013 Assessed Value $18,067 Land Value $5,087 Improvement Value $12,980 Tax Amount $1,391.87 Change Rate Assessed CR Tax Rate +0.077039%