1407 N Franklin Ave, Springfield, IL 62702
Property image
Property image
OFF MARKET

$6,800

Last sold price

    1407 N Franklin Ave, Springfield, IL 62702

    Oak Ridge
    Currently Off Market - Sold Aug 11, 2025 for $6,800

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1236 W Monroe St, Springfield, IL
    1.56
    Lot/Land
    $21,000
    04/13/26
    -
    -
    927 S 8th St, Springfield, IL
    1.97
    Lot/Land
    $10,000
    09/18/25
    -
    -
    408 W Chenery St, Springfield, IL
    1.75
    Lot/Land
    $2,500
    10/09/25
    -
    -
    404 W Chenery St, Springfield, IL
    1.75
    Lot/Land
    $2,500
    10/09/25
    -
    -
    939 S 8th St, Springfield, IL
    1.98
    Lot/Land
    $15,000
    09/18/25
    -
    -
    2133 E North Grand Ave, Grandview, IL
    1.88
    Lot/Land
    $50,000
    08/07/26
    -
    -
    2102 E Black Ave, Springfield, IL
    1.85
    Lot/Land
    $16,500
    08/04/26
    -
    -
    2041 E Cedar St, Springfield, IL
    2.87
    Lot/Land
    $3,000
    03/17/26
    -
    -
    3710 W Bluffs Rd, Springfield, IL
    3.50
    Lot/Land
    $55,000
    12/19/25
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    1306 N Franklin Ave, Springfield, IL 62702
    0.06
    $86,900
    2
    1
    1,128
    Off Market
    1411 N Franklin Ave, Springfield, IL 62702
    0.01
    $76,600
    2
    1
    952
    Off Market
    1233 N Franklin Ave, Springfield, IL 62702
    0.09
    $175,100
    4
    2.5
    2,194
    Off Market
    1225 N Franklin Ave, Springfield, IL 62702
    0.10
    $129,900
    2
    2
    1,756
    Recently Sold
    1245 N Rutledge St, Springfield, IL 62702
    0.09
    $194,000
    5
    2.5
    2,269
    Recently Sold
    1231 N Rutledge St, Springfield, IL 62702
    0.10
    $189,200
    4
    3
    1,732
    Off Market
    1223 N Rutledge St, Springfield, IL 62702
    0.12
    $109,400
    2
    1
    1,100
    Off Market
    1335 N Rutledge St, Springfield, IL 62702
    0.08
    $149,400
    3
    1.5
    1,414
    Off Market
    1221 Rutledge St, Springfield, IL 62702
    0.12
    $89,900
    2
    1
    960
    Recently Sold
    1213 N Franklin Ave, Springfield, IL 62702
    0.13
    $110,800
    2
    1
    1,008
    Off Market
    1224 Rutledge St, Springfield, IL 62702
    0.13
    $90,000
    3
    3
    2,023
    Recently Sold

    Local Information

    • Map ViewExplore the area around 1407 N Franklin Ave.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Lot/Land
    0.27 acre lot

    About this House

    Now just $7,500! This 75x160 (0.27 acre) lot in Springfield is cleared, level, and ready for your new home! Previously the site of a house and garage, the basement has been filled in, offering a clean slate for construction. No backyard neighbors and conveniently located just minutes from the Medical District, state offices, shopping, dining, and entertainment. A great opportunity to build in an established neighborhood at an unbeatable price!
    1407 N Franklin Ave, Springfield, IL 62702 is a lot/land in Oak Ridge. It last sold for $6,800 on Aug 11, 2025 (9% below the $7,500 asking price). This property is not currently displayed as for sale or rent on Trulia.
    Last check for updates: about 5 hours ago
    Listed by Todd M Musso, (217) 725-5458
    The Real Estate Group, Inc.
    Bought with: Todd M Musso, (217) 725-5458, The Real Estate Group, Inc.
    Originating MLS: Capital Area Association of Realtors
    Source: RMLS Alliance as distributed by MLS GRID, MLS#CA1036073
    Based on information submitted to the MLS GRID as of 2026-09-09 09:52:22 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

    Home Details for 1407 N Franklin Ave

    Interior Features

    Appliances & Utilities
    Utilities: Cable Available, Electricity Available, Natural Gas Available
    Gas & Electric
    Has Electric on Property

    Exterior Features

    Frontage
    Road Surface Type: Paved
    Water & Sewer
    Sewer: Public Sewer

    Days on Market

    Cumulative Days on Market: 83

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 1421.0451019

    Price & Status

    Price
    List Price: $7,500

    Active Status

    MLS Status: Sold

    Location

    Direction & Address
    City: SpringfieldCommunity: None
    School Information
    High School: Springfield District #186

    HOA

    Association for this Listing: Capital Area Association of Realtors

    Lot Information

    Lot Area: 0.27 acres

    Mobile R/V

    Mobile Home Park
    Mobile Home Units: Feet

    Miscellaneous

    Mls Number: CA1036073Attribution Contact: Mobl: 217-725-5458

    Price and Tax history

    DateEventPrice
    Aug 11, 2025
    Source: RMLS Alliance as distributed by MLS GRID #CA1036073
    		Sold
    $6,800
    Jul 21, 2025
    Source: RMLS Alliance as distributed by MLS GRID #CA1036073
    		Pending
    $7,500
    Jun 12, 2025
    Source: RMLS Alliance as distributed by MLS GRID #CA1036073
    		PriceChange
    $7,500
    Price decreased by 17%
    Apr 30, 2025
    Source: RMLS Alliance as distributed by MLS GRID #CA1036073
    		Listed For Sale
    $9,000
    Nov 6, 2024
    Source: RMLS Alliance as distributed by MLS GRID #CA1032274
    		Sold
    $15,000

    Market trends in Springfield

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $192K
    $20.83K    MoM
    Sale-to-List Price
    100.0%
    0.3%    MoM
    Price per sq ft
    $116
    $4    MoM
    Available listings
    342
    34    MoM

    Around this home

    Neighborhood Overview

    Oak Ridge
    See Local Highlights
    Neighborhood stats provided by third party data sources.

    What Locals Say about Oak Ridge

    At least 4 Trulia users voted on each feature.

    • 89 % Say car is needed

    • 70 % Say yards are well-kept

    • 67 % Say it's dog friendly

    • 67 % Say kids play outside

    • 64 % Say there are sidewalks

    • 64 % Say there's holiday spirit

    • 60 % Say it's walkable to grocery stores

    • 56 % Say it's quiet

    • 50 % Say it's walkable to restaurants

    • 50 % Say there's wildlife

    • 50 % Say parking is easy

    • 50 % Say streets are well-lit

    • 44 % Say they plan to stay for at least 5 years

    • 36 % Say people would walk alone at night

    • 32 % Say neighbors are friendly

    • 28 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Rita Flynn
      "Friendly neighbors, no fights, peace, and quiet. A nice neighborhood for your animal. Be able to relax in your home without any worries of someone trying to break in or rob or kill you."
      1
      Flag
    • Trulia User
      "Established neighborhood with long time residents but a good mix of young and old. People look out for each other here."
      0
      Flag
    • Josephlm1979
      "quiet neighborhood where most people own their home, and have for many years. cloae to schools and amenities."
      4
      Flag
    • Nelleon6
      "We all get are grass cut at the same time know each other well. They have animals that we like to see nice people"
      1
      Flag

    LGBTQ Local Legal Protections

    Frequently asked questions about 1407 N Franklin Ave

    • What is the price history for 1407 N Franklin Ave?
      1407 N Franklin Ave in Springfield, IL last sold for $6,800 in August 2025.
    • Is Springfield a buyer's or seller's market?
      Springfield is currently a seller's market, based on recent for-sale activity.
    • What's the median sale price in Springfield?
      The median sale price in Springfield is $192K. That is up $20.83K from the prior month.
    • What are the closest schools to 1407 N Franklin Ave?
      The closest schools to 1407 N Franklin Ave in Springfield, IL are Enos Elementary School (rated 4/10), Lanphier High School (rated 1/10), U S Grant Middle School (rated 2/10).

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