1039 N Franklin Ave, Springfield, IL, 62702
About This Home
Investor opportunity in the heart of Springfield! This 3-bedroom, 2-bath home offers strong potential for your next rental. Conveniently located near shopping, dining, schools, and major routes, the property is well-positioned for long-term Leases and tenant appeal. With a functional layout and plenty of upside, this is a great chance to add to your portfolio or capitalize on Springfield's growing market. Don't miss this investment opportunity! PHOTOS ARE NOT ACCURATE, OR REPRESENTATIVE OF THE PROPERTY.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Roof: Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Single Family Residence,Residential
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom1
- Level: Main
- Dimensions: 11ft 1in x 11ft 2in
Bedroom2
- Level: Main
- Dimensions: 10ft 9in x 9ft 8in
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 975
- Total interior livable area: 975 sqft
Kitchen
- Level: Main
- Dimensions: 11ft 8in x 11ft 0in
Living Room
- Level: Main
- Dimensions: 13ft 7in x 12ft 0in
Main Level
- Area: 975
Other
- Level: Main
- Dimensions: 14ft 0in x 11ft 6in
Property
Details
- Parcel number: 1428.0204018
Lot
- Lot size: 6,400 sqft
- Features: Level,Other
- Lot size dimensions: 40 x 160
Parking
- Total spaces: 1
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- Tornado
- Cold Wave
- Earthquake
- Hail
- Heat Wave
- Winter Weather
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
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 | $409 | $4,908 |
| Home Insurance * | $94 | $1,128 |
| Property Taxes | $127 | $1,524 |
| Electricity | $130 | $1,569 |
| Total | $760 | $9,120 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-22 | Listed for sale | $80,900 |
| 2026-01-19 | Listing removed | $1,000 |
| 2025-12-30 | Listed for rent | $1,000 |
| 2025-12-17 | Listing removed | $1,000 |
| 2025-12-10 | Listed for rent | $1,000 |
| 2025-10-17 | Listing removed | $1,200 |
| 2025-10-13 | Listed for rent | $1,200 |
| 2025-06-13 | Sold | $72,000 |
| 2025-05-18 | Pending sale | $76,900 |
| 2025-05-14 | Listed for sale | $76,900 |
| 2020-07-22 | Sold | $25,000 |
| 2014-05-22 | Listing removed | $39,900 |
| 2014-05-14 | Listed for sale | $39,900 |
| 2013-04-27 | Listing removed | $39,900 |
| 2013-04-24 | Listed for sale | $39,900 |
| 2012-12-28 | Listing removed | $45,900 |
| 2012-11-22 | Listed for sale | $45,900 |
| 2012-02-29 | Listing removed | $45,900 |
| 2012-01-25 | Price change | $45,900 |
| 2011-11-15 | Price change | $49,900 |
| 2011-10-19 | Listed for sale | $54,500 |
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