Excellent investment property, well-maintained with a solid tenant in place at $900/month. Tenant pays all utilities, trash, and lawn care. Caged central air installed in 2024, plus several minor updates completed over the past year—turnkey and income-ready!
Sold for $70,000
$70,000
1842 S Martin Luther King Jr Dr, Springfield, IL 62703
2beds
830sqft
Single Family Residence, Residential
Built in 1940
6,080 Square Feet Lot
$72,900 Zestimate®
$84/sqft
$979 Estimated rent
Home value
$72,900
$66,000 - $80,000
$979/mo
Zestimate® history
Owner options
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$979/mo
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$979/mo
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$411/mo
Est. payment
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$411/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jay Myers Pref:217-502-9339,
Real Broker, LLC
Bought with:
Jay Myers, 475202466
Real Broker, LLC
Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1037926
Originating MLS: Capital Area Association of Realtors
Originating MLS: Capital Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Main
- Dimensions: 13ft 0in x 13ft 0in
Bedroom 2
- Level: Main
- Dimensions: 11ft 0in x 9ft 0in
Other
- Area: 0
Kitchen
- Level: Main
- Dimensions: 13ft 0in x 12ft 0in
Laundry
- Level: Main
- Dimensions: 9ft 0in x 6ft 0in
Living room
- Level: Main
- Dimensions: 14ft 0in x 13ft 0in
Main level
- Area: 830
Recreation room
- Level: Additional
- Dimensions: 20ft 0in x 10ft 0in
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Refrigerator
Features
- Basement: Cellar
Interior area
- Total structure area: 830
- Total interior livable area: 830 sqft
Property
Parking
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Lot
- Size: 6,080 sqft
- Dimensions: 40 x 152
- Features: Level
Details
- Parcel number: 2202.0151012
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence, Residential
Materials
- Composition
- Foundation: Block, Brick/Mortar
- 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 | $70,000$84/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #CA1037926 Report a problem | ||
| 8/28/2025 | Pending sale | $70,000$84/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1037926 Report a problem | ||
| 7/18/2025 | Listed for sale | $70,000+159.3%$84/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1037926 Report a problem | ||
| 12/27/2023 | Sold | $27,000-22.9%$33/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1026305 Report a problem | ||
| 12/12/2023 | Pending sale | $35,000$42/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1026305 Report a problem | ||
| 12/5/2023 | Listed for sale | $35,000+438.5%$42/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1026305 Report a problem | ||
| 6/2/2020 | Sold | $6,500-61.8%$8/sqft |
Source: Public Record Report a problem | ||
| 1/1/2020 | Listing removed | $17,000$20/sqft |
Source: RE/MAX Professionals #CA192100 Report a problem | ||
| 11/8/2019 | Listed for sale | $17,000-14.6%$20/sqft |
Source: RE/MAX Professionals #CA192100 Report a problem | ||
| 10/5/2019 | Listing removed | $19,900$24/sqft |
Source: RE/MAX Professionals #CA192100 Report a problem | ||
| 4/8/2019 | Listed for sale | $19,900$24/sqft |
Source: RE/MAX Professionals #192100 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $710 +6.5% | $8,455 +12.1% |
| 2023 | $667 +53.9% | $7,544 +56% |
| 2022 | $433 +44.4% | $4,837 +45.1% |
| 2021 | $300 -44.2% | $3,334 -45.4% |
| 2020 | $538 -4.6% | $6,108 +0.3% |
| 2019 | $564 | $6,087 -8.8% |
| 2018 | $564 +2.1% | $6,673 +1.3% |
| 2017 | $552 +2% | $6,586 +1.5% |
| 2016 | $541 +1% | $6,490 +1.2% |
| 2015 | $536 -5.1% | $6,412 +0.7% |
| 2014 | $565 +2.3% | $6,370 -6.5% |
| 2013 | $552 +1.9% | $6,816 |
| 2012 | $542 +2.5% | $6,816 |
| 2011 | $528 +2.6% | $6,816 +1% |
| 2010 | $515 +3% | $6,750 +1.4% |
| 2009 | $500 +6% | $6,655 +4.2% |
| 2008 | $472 -1.2% | $6,386 +2.2% |
| 2007 | $477 +1.6% | $6,247 +3.8% |
| 2006 | $470 | $6,018 |
Find assessor info on the county website
Neighborhood: 62703
Nearby schools
GreatSchools rating
- 5/10Sandburg Elementary SchoolGrades: K-5Distance: 3.4 mi
- 4/10Benjamin Franklin Middle SchoolGrades: 6-8Distance: 2.3 mi
- 2/10Springfield Southeast High SchoolGrades: 9-12Distance: 0.6 mi
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- Illinois
- Sangamon County
- Springfield
- 62703
- 1842 S Martin Luther King Jr Dr
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