1903 S 16th St Springfield, IL 62703
Estimated payment $494/month
About This Home
Great investment property with a reliable tenant in place, currently renting for $1,100/month. Tenant covers all utilities, lawn care, and trash. Recent updates include a new water heater system and some plumbing improvements—low maintenance and immediate cash flow!
Listing Agent
Real Broker, LLC Brokerage Phone: 217-502-9339 License #475202466 Listed on: 07/18/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,072
Year Built
- Built in 1940
Lot Details
- Lot Dimensions are 40x122
- Level Lot
Parking
- Parking Pad
Home Design
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,337 Sq Ft Home
- Unfinished Basement
- Natural lighting in basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Springfield District #186 High School
Utilities
- Forced Air Heating System
- Window Unit Heating System
Community Details
- Springfield Subdivision
Listing and Financial Details
- Assessor Parcel Number 22-03.0-281-019
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 | $1,072 | $12,765 | $1,342 | $11,423 |
| 2023 | $994 | $11,242 | $1,226 | $10,016 |
| 2022 | $0 | $10,664 | $1,163 | $9,501 |
| 2021 | $33 | $10,264 | $1,119 | $9,145 |
| 2020 | $33 | $10,280 | $1,121 | $9,159 |
| 2019 | $33 | $10,244 | $1,117 | $9,127 |
| 2018 | $33 | $11,385 | $1,111 | $10,274 |
| 2017 | $20 | $11,238 | $1,097 | $10,141 |
| 2016 | $0 | $11,074 | $1,081 | $9,993 |
| 2015 | -- | $10,942 | $1,068 | $9,874 |
| 2014 | -- | $10,871 | $1,061 | $9,810 |
| 2013 | -- | $11,593 | $1,062 | $10,531 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | Pending | -- | -- | -- |
| 07/18/2025 07/18/25 | For Sale | $75,000 | +89.9% | $56 / Sq Ft |
| 02/15/2024 02/15/24 | Sold | $39,500 | -20.8% | $25 / Sq Ft |
| 01/22/2024 01/22/24 | For Sale | $49,900 | -- | $31 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Administrators Deed | $39,500 | None Listed On Document |
Source: RMLS Alliance
MLS Number: CA1037929
APN: 22-03.0-281-019
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