Sold
Last Sold Price
$75,000
3 beds1,022 sqft

16 Salem Rd, Springfield, IL 62702

Description

Well-maintained 3-bedroom, 1-bath rental property featuring a solid, established tenant currently paying $1,100/month. This property offers immediate rental income and an opportunity for an investor to add a cash-flowing asset to their portfolio. Stable rental history and a dependable tenant make this an attractive investment with income in place from day one. Please do not disturb tenant, schedule showings with contingent offers.Well-maintained 3-bedroom, 1-bath rental property featuring a solid, established tenant currently paying $1,100/month. This property offers immediate rental income and an opportunity for an investor to add a cash-flowing asset to their portfolio. Stable rental history and a dependable tenant make this an attractive investment with income in place from day one. Please do not disturb tenant, schedule showings with contingent offers.
Single FamilyProperty Type
0.14 acresLot Size
1970Year Built
$73/sq ftPrice per sq ft
  • Listed by: Jay Myers 217.502.9339 Jay.myers@joinreal.com • Real Broker, LLC
Listing closed: 09/16/2026 12:00 AM
Source: RMLS ALLIANCE, MLS#: CA1046272
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$584 per month

Principal and Interest

$400

Property Taxes

$184

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Property information

16 Salem Road

Property Details

  • Taxes: $2,205 / year
  • MLS Type: Residential / Single Family Residence
  • County: Sangamon County
  • Architectural Style: Bungalow
  • Subdivision Name: Springfield

Building Information

  • Year Built: 1970
  • Lot Size: 0.14 AC / 6,000 SF

Summary

Location and General Information

  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: traveling east on north grand turn left onto Salem rd home is located on the right
  • Latitude: 39.817256
  • Longitude: -89.673482
  • MLSArea Minor: Springfield
  • Postal Code: 62702
  • State Or Province: IL

Taxes and HOA Information

  • Parcel Number: 14-20.0-480-008
  • Tax Annual Amount: $2,205
  • Tax Legal Description: L 49 LINCOLN ACRES SUB
  • Tax Year: 2025

School Information

  • High School: Springfield District #186

Parking

  • Parking Features: Detached, Parking Pad
  • Number Of Garage Remotes: 0
  • Garage: true

Property

Lot Information

  • Building Area Total: 1022.0
  • Living Area: 1022.0
  • Lot Features: Level
  • Lot Size Dimensions: 50x120
  • 100 Year Plain: No

Property and Assessments

  • Documents Available: Tenant Lease(s)
  • New Construction: No
  • Year Built: 1970
  • Year Built Source: Unable to Verify Actual Age

Utilities

  • Water Source: Public, Public Sewer
  • Utilities On: Yes
  • Utility Company: CWLP, AMEREN

Interior and Exterior Features

Exterior Features

  • Roof: Shingle
  • Construction Materials: Vinyl Siding

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Cellar
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 3
  • Fireplaces Total: 0
  • Heating: Natural Gas
  • Operating Recording Device: Audio & Video

Room Information

Room 1

  • Number Full Baths: 1
  • Number Half Baths: 0
  • Room Area: 1022.0
  • Room Area Units: Feet.Inches
  • Room Type: Main Level

Room 2

  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Type: Upper Level

Room 3

  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Area Units: Feet.Inches
  • Room Type: Lower Level

Room 4

  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Area Units: Feet.Inches
  • Room Type: Basement

Room 5

  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Area Units: Feet.Inches
  • Room Type: Additional Level

Room 6

  • Egress Window: Yes
  • Flooring: Carpet
  • Room Length: 15.0
  • Room Level: Main
  • Room Type: Bedroom 1
  • Room Width: 9.0

Room 7

  • Egress Window: Yes
  • Flooring: Carpet
  • Room Length: 12.0
  • Room Level: Main
  • Room Type: Bedroom 2
  • Room Width: 10.0

Room 8

  • Egress Window: Yes
  • Flooring: Carpet
  • Room Length: 9.0
  • Room Level: Main
  • Room Type: Bedroom 3
  • Room Width: 9.0

Room 9

  • Flooring: Carpet
  • Room Length: 16.0
  • Room Level: Main
  • Room Type: Living Room
  • Room Width: 12.0

Room 10

  • Flooring: Laminate
  • Room Length: 11.0
  • Room Level: Main
  • Room Type: Dining Room
  • Room Width: 9.0

Room 11

  • Flooring: Laminate
  • Room Length: 11.0
  • Room Level: Main
  • Room Type: Kitchen
  • Room Width: 6.0

Room 12

  • Flooring: Vinyl
  • Room Length: 15.0
  • Room Level: Main
  • Room Type: Laundry
  • Room Width: 10.0

Room 13

  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Type: Third Floor

Mobile Home

Mobile/Manufactured Home

  • Property Is Mobile Home: No

Property History

16 Salem Road

DateEventPrice
Sep 16, 2026

Sold

RMLS ALLIANCE #CA1046272

$75,000
Sep 9, 2026

Pending

RMLS ALLIANCE #CA1046272

—
Sep 3, 2026

Listed (Active)

RMLS ALLIANCE #CA1046272

$85,000
DateEventPrice
09/16/2026

Sold

RMLS ALLIANCE #CA1046272

$75,000
09/09/2026

Pending

RMLS ALLIANCE #CA1046272

—
09/03/2026

Listed (Active)

RMLS ALLIANCE #CA1046272

$85,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

16 Salem Road

Beds

0

Lot Size

5,979 SqFt

Style

Single Family Residence

County

SANGAMON

APN

14-20.0-480-008

Schools

Near 16 Salem Road

This home is within Springfield School District 186.

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 16 Salem Road, Springfield, IL 62702
$75,000
3
1,022
6,000
$99,900
3
1,064
6,000
–
–
–
–
5,976
–
–
–
–
5,983
–
–
–
–
5,975
$57,000
3
890
5,400

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, LLC

Based on information submitted to the MLS GRID as of 09/22/2026 03:01 PM. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.