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2129 N 16th St, Springfield, IL, 62702

2beds
1baths
1,083sqft
$42,900
$40price/sqft
$462/moest. monthly cost
$18,480/yrincome needed

About This Home

Calling those investors who are looking for a project with great potential for your portfolio or a home to fix up yourself at an affordable price. this home is ready for improvements located just blocks away from the state fair grounds. Features an ADA ramp and an unfinished basement. Selling As-Is.

Getting Around

68
WalkingSomewhat Walkable
29
TransitSome Transit
67
BikeBikeable

Schools

5/10
1/10
Washington Middle SchoolGrades 6-82.4 mi
1/10
Lanphier High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1929

Materials

  • Roof: Shingle
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Range

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom1

  • Level: Main
  • Dimensions: 12ft 0in x 11ft 3in

Bedroom2

  • Level: Main
  • Dimensions: 11ft 4in x 9ft 3in

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,083
  • Total interior livable area: 1,083 sqft

Kitchen

  • Level: Main
  • Dimensions: 12ft 2in x 10ft 8in

Main Level

  • Area: 1083

Property

Accessibility

  • Accessibility features: Main Level Entry

Details

  • Parcel number: 14230102005

Lot

  • Features: Other

Parking

  • Parking features: Paved

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
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Hail
Lightning
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm

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

MonthlyAnnual
Mortgage $216$2,592
Home Insurance *$49$588
Property Taxes $67$804
Electricity $130$1,569
Total$462$5,544
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$15,840/yr
40% on housing$13,860/yr
45% on housing$12,320/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

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.

Insurance Growth Rate5-year average: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$40This listing

vs Other Active Listings

Avg $/sqft

ZIP 62702$70
Sangamon County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 62702$94
Sangamon County$110

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

DateEventPrice
2026-07-16Listed for sale$42,900
2026-06-07Pending sale$42,900
2026-05-19Listed for sale$42,900
2026-05-08Listing removed$49,000
2026-02-09Listed for sale$49,000
2025-08-16Listing removed$60,000
2025-06-21Listed for sale$60,000
2025-04-16Listing removed$59,900
2025-04-12Price change$59,900
2025-03-26Price change$64,500
2025-03-19Price change$69,500
2025-03-15Listed for sale$74,900

For Sale by Agent

AgentWesley Peterson
BrokerageKeller Williams Capital

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