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1517 S State St, Springfield, IL, 62704

3beds
2baths
1,481sqft
$161,580
$109price/sqft
$1,337/moest. monthly cost
$53,480/yrincome needed

About This Home

Professional photos coming soon! Seller is currently cleaning out the home. Don’t miss this fantastic opportunity to own a charming 3-bedroom, 2-bath home in one of the area’s most desirable and peaceful neighborhoods. Featuring a comfortable living room, spacious kitchen, dining area, and a flexible bonus room ideal for a home office, gym, or additional living space, this home is designed to fit a variety of lifestyles. Numerous updates include newer windows with a transferable lifetime warranty, new screen door, new plumbing stack, and an HVAC system that is approximately 19 months old. The roof was replaced in March 2019, and the deck was rebuilt in May 2024. Additional improvements include a newer exterior condenser unit, water heater replaced in 2024 and converted from gas to electric, brand-new electrical panel in the basement, kitchen flooring updated in 2018, and attic insulation replaced in 2016. Appliances are in good working condition and will remain with the home. The main-level bathroom features a new toilet for added convenience. The finished basement provides extra living space for entertaining or relaxing. Conveniently located just minutes from schools, Washington Park, restaurants, grocery stores, and everyday amenities. Perfect for first-time buyers, downsizers, or families. Schedule your showing today—this one won’t last long!

Getting Around

61
WalkingSomewhat Walkable
28
TransitSome Transit
54
BikeBikeable

Schools

6/10
Butler Elementary SchoolGrades K-50.2 mi

Construction

Condition

  • Year built: 1913

Materials

  • Foundation: Block,Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Block,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Refrigerator

Basement

  • Has basement: Yes
  • Basement: Finished

Bedroom1

  • Level: Upper
  • Dimensions: 12ft 2in x 11ft 3in

Bedroom2

  • Level: Upper
  • Dimensions: 11ft 3in x 950ft 0in

Bedroom3

  • Level: Upper
  • Dimensions: 11ft 4in x 8ft 6in

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s)
  • Window features: Blinds

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,481
  • Total interior livable area: 1,481 sqft

Kitchen

  • Level: Main
  • Dimensions: 13ft 4in x 15ft 0in

Living Room

  • Level: Main
  • Dimensions: 13ft 5in x 16ft 2in

Main Level

  • Area: 741

Other

  • Level: Main
  • Dimensions: 13ft 5in x 12ft 2in

Other

  • Area: 0

Upper Level

  • Area: 740

Property

Accessibility

  • Accessibility features: Other Bath Modifications

Details

  • Parcel number: 2204.0106023

Features

  • Levels: Two
  • Patio & porch: Deck

Lot

  • Features: Other

Parking

  • Parking features: Gravel

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 $817$9,804
Home Insurance *$136$1,632
Property Taxes $254$3,048
Electricity $130$1,569
Total$1,337$16,044
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$45,840/yr
40% on housing$40,110/yr
45% on housing$35,653/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

$109This listing

vs Other Active Listings

Avg $/sqft

ZIP 62704$103
Sangamon County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 62704$110
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)

Price History

DateEventPrice
2026-08-09Price change$155,900
2026-06-11Listed for sale$161,580
2017-11-14Listing removed$99,900
2017-10-23Price change$99,900
2017-10-05Listed for sale$104,900
2010-06-10Sold$78,500
2010-04-03Listed for sale$79,900

For Sale by Agent

AgentWesley Peterson
BrokerageKeller Williams Capital

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