1616 S 7th St Springfield, IL 62703
Iles Park NeighborhoodEstimated payment $862/month
Highlights
- Baseboard Heating
- Level Lot
- 5-minute walk to Washington Park
About This Home
Affordable all brick 4-plex. Good location and condition just one block south of South Grand and only blocks from several state buildings, Springfield Clinic, and downtown Springfield. Each unit has 2 bed, 1 bath, living room and a kitchen. Each unit is metered separately for electricity and tenant pays their own heating and cooling. Owner ONLY pays for refuse, lawn/snow, common electric, all water/sewer, and gas/electric for water heaters. NEW ROOF in 2016! There are two newer gas and two newer electric water heaters located in the clean/spacious basement. There have been a variety of updates including some newer: plumbing, electrical, flooring, fixtures, paint, insulation, window units, fridges. All NEW WINDOWS in 2023!
Listing Agent
Keller Williams Capital Brokerage Phone: 217-725-6732 License #475140262 Listed on: 09/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,630
Year Built
- Built in 1910
Lot Details
- Lot Dimensions are 40x152
- Level Lot
Parking
- On-Street Parking
Home Design
- Rubber Roof
Interior Spaces
- 8 Bedrooms
- 2,664 Sq Ft Home
- Unfinished Basement
- Partial Basement
Schools
- Springfield District #186 High School
Utilities
- Baseboard Heating
- Gas Water Heater
Community Details
- Trash Expense $660
Listing and Financial Details
- Assessor Parcel Number 22030109005
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,630 | $43,218 | $4,599 | $38,619 |
| 2023 | $3,490 | $39,476 | $4,201 | $35,275 |
| 2022 | $3,356 | $37,446 | $3,985 | $33,461 |
| 2021 | $2,482 | $27,570 | $3,836 | $23,734 |
| 2020 | $1,923 | $21,832 | $3,842 | $17,990 |
| 2019 | $1,887 | $21,756 | $3,829 | $17,927 |
| 2018 | $2,027 | $23,989 | $3,806 | $20,183 |
| 2017 | $1,782 | $21,260 | $3,757 | $17,503 |
| 2016 | $1,747 | $20,950 | $3,702 | $17,248 |
| 2015 | $1,730 | $20,700 | $3,658 | $17,042 |
| 2014 | $1,704 | $20,566 | $3,634 | $16,932 |
| 2013 | $1,666 | $20,566 | $3,634 | $16,932 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | Pending | -- | -- | -- |
| 09/12/2025 09/12/25 | For Sale | $104,900 | -8.7% | $39 / Sq Ft |
| 05/22/2020 05/22/20 | Sold | $114,900 | 0.0% | $43 / Sq Ft |
| 04/16/2020 04/16/20 | Pending | -- | -- | -- |
| 04/07/2020 04/07/20 | For Sale | $114,900 | +64.1% | $43 / Sq Ft |
| 09/01/2017 09/01/17 | Sold | $70,000 | -40.4% | $26 / Sq Ft |
| 07/19/2017 07/19/17 | Pending | -- | -- | -- |
| 02/16/2017 02/16/17 | For Sale | $117,500 | -- | $44 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $114,900 | Cornerstone Title | |
| Deed | -- | -- | |
| Deed | $12,500 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $110,000 | -- | |
| Deed | $75,000 | -- | |
| Deed | $50,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $91,920 | New Conventional |
Source: RMLS Alliance
MLS Number: CA1039196
APN: 22-03.0-109-005
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