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55 Lilac Ln; Springfield, IL Property Details

55 Lilac Ln, Springfield, IL is a Single Family that was built in 1954. This property is not for sale. Our records show that 55 Lilac Ln has 2 bedrooms, and a total of 940 square feet. The lot size of 55 Lilac Ln is 7,879 square feet.

Off market
55 Lilac Ln Springfield, IL 62702
$49,900 Listing Price
2 Beds
940 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Purchase Price: $55,000
  • Est. Equity / %: $93,000 / 100%
  • Gross Yield: 12.606%
  • APN: 14-20.0-454-014
  • Situs County: Sangamon
  • Length Of Ownership: 22 years, 8 months

Rooms

  • Bedrooms: 2

Measurements

  • Total: 940/SqFt
  • Lot: 7,879/SqFt
  • Price Per Square Foot: $58.51

Legal Description

  • Description: L 16 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: 39.817646 / -89.67853
  • Subdivision: Clover Acres
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 1620

Ownership Info

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

Taxes

55 Lilac Ln has 10 associated Taxes items

55 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 $32,594. The APN we've located for 55 Lilac Ln is 14-20.0-454-014.

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Taxes
  • Assessed Value:  $32,594
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-20.0-454-014
  • Assessed Land Value:  4426
  • Market Land Value:  13278
  • Tax Amount:  2153.16
  • Tax Year:  2025
  • Market Value:  97782
  • Market Year:  2025

Tax History

55 Lilac Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $32,594 Land Value $4,426 Improvement Value $28,168 Tax Amount $2,153.16 Change Rate +0.050629% Assessed CR Tax Rate +0.06606%
Year 2024 Assessed Value $30,399 Land Value $4,128 Improvement Value $26,271 Tax Amount $2,049.4 Change Rate +0.064933% Assessed CR Tax Rate +0.067417%
Year 2023 Assessed Value $27,767 Land Value $3,771 Improvement Value $23,996 Tax Amount $1,924.44 Change Rate +0.055899% Assessed CR Tax Rate +0.069307%
Year 2022 Assessed Value $26,339 Land Value $3,577 Improvement Value $22,762 Tax Amount $1,822.56 Change Rate +0.046282% Assessed CR Tax Rate +0.069196%
Year 2021 Assessed Value $25,353 Land Value $3,443 Improvement Value $21,910 Tax Amount $1,741.94 Change Rate +0.0198% Assessed CR Tax Rate +0.068707%
Year 2020 Assessed Value $25,391 Land Value $3,448 Improvement Value $21,943 Tax Amount $1,708.12 Change Rate +0.307321% Assessed CR Tax Rate +0.067273%
Year 2019 Assessed Value $25,302 Land Value $3,436 Improvement Value $21,866 Tax Amount $1,306.58 Change Rate Assessed CR Tax Rate +0.051639%
Year 2018 Assessed Value $21,464 Land Value $3,419 Improvement Value $18,045 Tax Amount $1,306.58 Change Rate +0.026314% Assessed CR Tax Rate +0.060873%
Year 2017 Assessed Value $21,187 Land Value $3,375 Improvement Value $17,812 Tax Amount $1,273.08 Change Rate +0.026032% Assessed CR Tax Rate +0.060088%
Year 2016 Assessed Value $20,878 Land Value $3,326 Improvement Value $17,552 Tax Amount $1,240.78 Change Rate +0.01477% Assessed CR Tax Rate +0.05943%
Year 2015 Assessed Value $20,628 Land Value $3,286 Improvement Value $17,342 Tax Amount $1,222.72 Change Rate +0.017915% Assessed CR Tax Rate +0.059275%
Year 2014 Assessed Value $20,495 Land Value $3,265 Improvement Value $17,230 Tax Amount $1,201.2 Change Rate +0.02282% Assessed CR Tax Rate +0.058609%
Year 2013 Assessed Value $20,495 Land Value $3,265 Improvement Value $17,230 Tax Amount $1,174.4 Change Rate Assessed CR Tax Rate +0.057302%