1617 E Matheny Ave, Springfield, IL, 62702
About This Home
Investment Opportunity Near Lanphier High School! Great opportunity to own an affordable investment property on Springfield’s north side, just steps from Lanphier High School and minutes from downtown, shopping, and medical facilities. This residential property is well-suited for an investor looking to build rental income or a homeowner wanting to put in a little TLC and add value. Featuring multiple bedrooms, spacious living areas, and a traditional layout, this home offers solid potential for steady cash flow. The property includes a yard with room for off-street parking and is located in an established neighborhood with strong rental demand. With schools, parks, and public transportation nearby, this is a prime location for tenants or first-time buyers. Don’t miss your chance to secure a property in a high-demand rental area at an attractive price point!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Materials
- Roof: Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence,Residential
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedroom1
- Level: Main
- Dimensions: 13ft 4in x 13ft 0in
Bedroom2
- Level: Main
- Dimensions: 12ft 2in x 9ft 3in
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Heating features: Forced Air
Interior Area
- Total structure area: 831
- Total interior livable area: 831 sqft
Kitchen
- Level: Main
- Dimensions: 13ft 2in x 13ft 0in
Living Room
- Level: Main
- Dimensions: 12ft 0in x 13ft 4in
Main Level
- Area: 831
Property
Details
- Parcel number: 1426.0152017
Lot
- Lot size: 6,800 sqft
- Features: Level
- Lot size dimensions: 170 x 40
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $338 | $4,056 |
| Home Insurance * | $77 | $924 |
| Property Taxes | $105 | $1,260 |
| Electricity | $130 | $1,569 |
| Total | $650 | $7,800 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-29 | Listing removed | $1,000 |
| 2026-03-17 | Listed for sale | $67,000 |
| 2026-03-12 | Listed for rent | $1,000 |
| 2025-12-19 | Listing removed | $67,000 |
| 2025-08-29 | Listed for sale | $67,000 |
| 2025-01-14 | Listing removed | $900 |
| 2024-12-21 | Listed for rent | $900 |
| 2024-02-08 | Listing removed | -- |
| 2023-03-29 | Listed for sale | $52,000 |
| 2022-02-23 | Sold | $37,595 |
For Sale by Agent
View on Zillow