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$75,000

1903 S 16th St Springfield, IL 62703

3 beds
1 full
1,337 sqft
$56 / sqft
House

Property details

About 1903 S 16th St

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!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air, Other
StatusActive
Size1,337 sqft
BasementYes
Year built1940
ParkingParking Pad
MLS #CA1037929

Summary

  • Full Bathrooms: 1
  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Total Bedroom Count: 3
  • Parking: Parking Pad
  • Heating: Natural Gas, Forced Air, Other
  • List Price: $75,000
  • Price/SqFt: $56
  • Annual Tax Amount: $993
  • Tax Year: 2023
  • Lot: Level
  • Directions: Traveling east on Ash turn right onto south 16th homer is located on left before south street
  • Year Built: 1940
  • Living Area: 1,337 SqFt
  • MLS Number: CA1037929
  • MLS Name: RMLSA
  • Office Name: Real Broker, LLC
  • Listing Agent: Jay Myers

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/18/2025, 10:35:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Feb 15, 2024
Home Sold
$39,500

Tax history

YearAssessmentProperty Tax
2023$11,242$993
2022$10,664$-
2021$10,264$-
2020$10,280$-
2019$10,244$32
2018$11,385$32
2017$11,238$19

History based on county public records data.

Nearby schools

1

Feitshans Elementary School

Public District PK-5

0.6 mi

1101 S 15th St

2

Harvard Park Elementary School

Public District PK-5

0.8 mi

2501 S 11th St

1

Matheny-Withrow Elementary School

Public District KG-5

0.9 mi

1200 S Pope Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,906. The most common annual income of people living in Springfield, IL is less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

83%
<35k
12%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

49%
Single, No Kids
29%
Single, with Kids
12%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
11%
12-17 yrs old
25%
18-34 yrs old
34%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 1903 S 16th St

The listing price of 1903 S 16th St property is $75,000.

The property 1903 S 16th St is a house located in Springfield, Illinois, 62703.

Active Listing: 1903 S 16th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1903 S 16th St are: Feitshans Elementary School (GreatSchools Rating 1/10), Harvard Park Elementary School (GreatSchools Rating 2/10), Matheny-Withrow Elementary School (GreatSchools Rating 1/10), Iles Elementary School (GreatSchools Rating 8/10), Springfield Ball Charter School (GreatSchools Rating 4/10), Lincoln Magnet School (GreatSchools Rating 9/10), Springfield Southeast High School (GreatSchools Rating 2/10), Springfield High School (GreatSchools Rating 5/10), Lanphier High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $993 (source: MLS/based on county public records data).

The last sale was on February 15, 2024 for $39,500 (source: MLS/tax record).

The property at 1903 S 16th St has 3 bedrooms and 1 bathroom.

The property 1903 S 16th St is 1,337 SqFt (source: MLS/tax record).

The year of construction for 1903 S 16th St is 1940.

This home is located at 1903 S 16th St in Springfield, IL and zip code 62703. This 1,337 square foot home was built in 1940. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $75,000.

In June 2025 more than 88 listings in Springfield, IL were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 47 were sold below. The number of homes for sale in Springfield, IL decreased by 0.6% between May and June 2025. Listings spent 18 days on the market in June 2025, and had a median list price of $175,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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