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1832 S 7th St, Springfield, IL, 62703

4beds
3baths
2,300sqft
$75,000
$33price/sqft
$768/moest. monthly cost
$30,720/yrincome needed

About This Home

Large renovation opportunity offered for quick close. Roof (2021) and siding (2004) already completed; partial plumbing/electrical updates in place. Dated interior throughout. All appliances included. Duplex configuration with conversion potential to single-family and possible additional unit upside (buyer to verify). Sold as-is. Sq. ft. not warranted.

Getting Around

59
WalkingSomewhat Walkable
39
TransitSome Transit
55
BikeBikeable

Schools

2/10
2/10
Jefferson Middle SchoolGrades 6-81.6 mi

Construction

Condition

  • Year built: 1935

Type & Style

  • Home type: MultiFamily

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Interior Area

  • Total interior livable area: 2,300 sqft

Property

Details

  • Parcel number: 22030153008

Lot

  • Lot size: 6,080 sqft

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 WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Hail
Heat Wave
Tornado
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 $379$4,548
Home Insurance *$95$1,140
Property Taxes $118$1,416
Electricity $176$2,122
Total$768$9,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,331/yr
40% on housing$23,040/yr
45% on housing$20,480/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

$33This listing

vs Other Active Listings

Avg $/sqft

ZIP 62703$70
Sangamon County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 62703$88
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
2026-03-20Price change$75,000
2026-03-11Pending sale$70,000
2026-02-24Price change$70,000
2026-01-21Pending sale$60,000
2026-01-15Price change$60,000
2025-12-09Listed for sale$40,000
2011-04-05Sold$40,000
2010-05-30Price change$34,750
2009-09-26Price change$39,900
2008-08-31Price change$45,900
2008-04-16Listed for sale$49,900
2003-10-07Sold$40,000

For Sale by Owner

AgentProperty Owner

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