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!
Sold for $75,000
$75,000
1903 S 16th St, Springfield, IL 62703
3beds
1,337sqft
Single Family Residence, Residential
Built in 1940
4,880 Square Feet Lot
$76,000 Zestimate®
$56/sqft
$1,180 Estimated rent
Home value
$76,000
$70,000 - $83,000
$1,180/mo
Zestimate® history
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Owner options
List your home for rent
$1,180/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$1,180/mo
Rent Zestimate®
Refinance and save
$441/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$441/mo
Est. payment
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List your homeWhat's special
Zillow last checked: 8 hours ago
Listing updated: October 08, 2025 at 01:12pm
Listed by:
Jay Myers Pref:217-502-9339,
Real Broker, LLC
Bought with:
Jay Myers, 475202466
Real Broker, LLC
Source: RMLS Alliance,MLS#: CA1037929
Originating MLS: Capital Area Association of Realtors
Originating MLS: Capital Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Main
- Dimensions: 14ft 0in x 9ft 0in
Bedroom 2
- Level: Upper
- Dimensions: 13ft 0in x 11ft 0in
Bedroom 3
- Level: Main
- Dimensions: 13ft 0in x 12ft 0in
Other
- Level: Main
- Dimensions: 13ft 0in x 12ft 0in
Additional room
- Description: pantry
- Level: Main
- Dimensions: 6ft 0in x 5ft 0in
Additional room 2
- Description: Back Entry
- Level: Main
- Dimensions: 11ft 0in x 6ft 0in
Kitchen
- Level: Main
- Dimensions: 13ft 0in x 14ft 0in
Living room
- Level: Main
- Dimensions: 14ft 0in x 12ft 0in
Main level
- Area: 889
Upper level
- Area: 448
Heating
- Forced Air
Appliances
- Included: Range, Refrigerator
Features
- Basement: Daylight,Unfinished
Interior area
- Total structure area: 1,337
- Total interior livable area: 1,337 sqft
Property
Parking
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Lot
- Size: 4,880 sqft
- Dimensions: 40 x 122
- Features: Level
Details
- Parcel number: 2203.0281019
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Aluminum Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Springfield
- Subdivision: Springfield
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2025 | Sold | $75,000$56/sqft |
Source:  RMLS Alliance #CA1037929 Report a problem | ||
| 8/28/2025 | Pending sale | $75,000$56/sqft |
Source: RMLS Alliance #CA1037929 Report a problem | ||
| 7/18/2025 | Listed for sale | $75,000+89.9%$56/sqft |
Source: RMLS Alliance #CA1037929 Report a problem | ||
| 3/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/27/2024 | Listed for rent | $1,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,072 +7.9% | $12,765 +13.5% |
| 2023 | $994 | $11,242 +5.4% |
| 2022 | -- | $10,664 +3.9% |
Find assessor info on the county website
Neighborhood: 62703
Nearby schools
GreatSchools rating
- 5/10Butler Elementary SchoolGrades: K-5Distance: 1.9 mi
- 3/10Benjamin Franklin Middle SchoolGrades: 6-8Distance: 2.1 mi
- 2/10Springfield Southeast High SchoolGrades: 9-12Distance: 0.7 mi
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- Illinois
- Sangamon County
- Springfield
- 62703
- 1903 S 16th St