40 Lilac Ln
Springfield, IL 62702
- 2 Beds
- 2 Baths
- 616 sqft
2 Beds
2 Baths
616 sqft
Home Value
Trulia Estimate
$106KSince last month
Decreased$300 (-0.3%)Since last year
Increased$3K (+2.8%)Since last sale
Increased$15K (+16.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +164% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $105K |
| July 2026 | $105K |
| June 2026 | $105K |
| May 2026 | $104K |
| April 2026 | $104K |
| March 2026 | $103K |
| February 2026 | $102K |
| January 2026 | $102K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
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 |
|---|---|---|---|---|---|---|---|
0.35 | Single-Family Home | $102,500 | 05/15/26 | 2 | 2 | 1,090 | |
0.08 | Single-Family Home | $80,000 | 08/14/26 | 3 | 1 | 976 | |
0.13 | Single-Family Home | $67,900 | 09/30/25 | 2 | 1 | 616 | |
0.09 | Single-Family Home | $20,834 | 04/29/26 | 2 | 1 | 616 | |
0.41 | Single-Family Home | $120,000 | 04/06/26 | 2 | 2 | 1,389 | |
0.44 | Single-Family Home | $85,900 | 12/30/25 | 3 | 2 | 1,325 | |
0.10 | Single-Family Home | $20,833 | 04/29/26 | 2 | 1 | 910 | |
0.35 | Single-Family Home | $170,000 | 05/13/26 | 3 | 2 | 1,168 | |
0.46 | Single-Family Home | $135,000 | 02/06/26 | 2 | 2 | 1,720 | |
0.43 | Single-Family Home | $142,500 | 08/14/26 | 2 | 1 | 916 |
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 |
|---|---|---|---|---|---|---|
0.03 | $90,200 | 2 | 1 | 700 | Off Market | |
0.04 | $45,700 | 2 | 1 | 635 | Off Market | |
0.05 | $76,400 | 2 | 1 | 616 | Recently Sold | |
0.05 | $70,100 | 2 | 1 | 660 | Off Market | |
0.04 | $72,100 | 2 | 1 | 855 | Off Market | |
0.02 | $72,600 | 2 | 1 | 650 | Off Market | |
0.04 | $113,800 | 3 | 1 | 1,064 | Off Market | |
0.06 | $86,200 | 3 | 1 | 800 | Off Market | |
0.08 | $80,000 | 3 | 1 | 976 | Recently Sold | |
0.04 | $94,700 | 3 | 1 | 1,024 | Off Market | |
0.09 | $65,900 | 2 | 1 | 956 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1954
Living Area
616 sqft
Price/Sqft
$171
Parking
Garage
About this House
Cute 2 bedroom, 2 bathroom home with bonus detached studio space! This home is located on the northwest side of town close to the interstate. The studio space is heated and cooled with an updated bathroom and kitchen space. Furniture and appliances will stay. Additionally there is a one car garage space available. Inside you will find a well maintained home with more appliances that will stay. Along with this you can enjoy coffee while watching tv on the covered porch attached to your fenced in yard.
40 Lilac Ln, Springfield, IL 62702 is a 2 bedroom, 2 bathroom, 616 sqft single-family home built in 1954. It last sold for the $89,900 asking price on Jan 15, 2024. More recently, it was listed as a rental in January 2023 with an asking price of $1,150 per month. That rental listing was removed on February 18, 2023. It is currently off market. The Trulia Estimate is $105,500, with a rent estimate of $1,041/month.
Home Details for 40 Lilac Ln
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Interior Details Basement: Crawl SpaceNumber of Rooms: 11Types of Rooms: Bedroom 1, Bedroom 2, Additional Level, Additional Room, Additional Room 2, Kitchen, Living Room, Lower Level, Main Level, Upper Level |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 616 Square Feet |
Appliances & Utilities Appliances: Disposal, Dryer, Range, Refrigerator, WasherDisposalDryerRefrigeratorWasher |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
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Exterior Home Features Roof: ShinglePatio / Porch: PatioFoundation: Block |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Other Parking: Number Of Garage Remotes: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Garage |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 3 |
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Year Built Year Built: 1954 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Ranch |
Building Construction Materials: Frame, Wood SidingNot a New Construction |
Property Information Parcel Number: 14200453006 |
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Price List Price: $89,900 |
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MLS Status: Sold |
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Direction & Address City: SpringfieldCommunity: None |
School Information High School: Springfield District #186 |
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Building Area Building Area: 616 Square Feet |
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Not Senior Community |
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Association for this Listing: Capital Area Association of Realtors |
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Lot Area: 5000 sqft |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: CA1026548Attribution Contact: Mobl: 217-416-3481 |
Last check for updates: about 5 hours ago
Listed by Joseph E Tetzlaff, (217) 416-3481
RE/MAX Professionals
Bought with: Philip E Chiles, (217) 306-7445, Keller Williams Capital
Originating MLS: Capital Area Association of Realtors
Source: RMLS Alliance as distributed by MLS GRID, MLS#CA1026548

Based on information submitted to the MLS GRID as of 2026-08-17 20:17:30 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
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 15, 2024 Source: RMLS Alliance as distributed by MLS GRID #CA1026548 | Sold | $89,900 |
Dec 26, 2023 Source: RMLS Alliance as distributed by MLS GRID #CA1026548 | Pending | $89,900 |
Dec 21, 2023 Source: RMLS Alliance as distributed by MLS GRID #CA1026548 | Listed For Sale | $89,900 |
Feb 18, 2023 Source: Zillow Rentals | ListingRemoved | |
Jan 17, 2023 Source: Zillow Rentals | Listed For Rent | $1,150 |
Nov 14, 2022 Source: RMLS Alliance as distributed by MLS GRID #CA1018623 | Sold | $82,500 |
Oct 14, 2022 Source: RMLS Alliance as distributed by MLS GRID #CA1018623 | Pending | $82,500 |
Oct 13, 2022 Source: RMLS Alliance as distributed by MLS GRID #CA1018623 | Listed For Sale | $82,500 |
Feb 13, 2007 Source: N/A | Sold | $50,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $1,821 | $82,482 |
Home facts updated by county records
Market trends in Springfield
Last updated July 2026
Avg. sale price
$192K
$20.83KMoM
Sale-to-List Price
100.0%
0.3%MoM
Price per sq ft
$116
$4MoM
Available listings
342
34MoM
Around this home
What Locals Say about Springfield
At least 943 Trulia users voted on each feature.
88 % Say car is needed
88 % Say parking is easy
85 % Say it's dog friendly
83 % Say there are sidewalks
81 % Say yards are well-kept
73 % Say there's holiday spirit
69 % Say kids play outside
59 % Say it's quiet
58 % Say streets are well-lit
58 % Say people would walk alone at night
56 % Say neighbors are friendly
48 % Say there's wildlife
48 % Say they plan to stay for at least 5 years
46 % Say it's walkable to restaurants
41 % Say it's walkable to grocery stores
30 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 40 Lilac Ln
Off Market Homes Near 40 Lilac Ln
Frequently asked questions about 40 Lilac Ln
- What is 40 Lilac Ln estimated to be worth?Trulia's estimated value for 40 Lilac Ln in Springfield, IL is $105,500.
- What is the price history for 40 Lilac Ln?40 Lilac Ln in Springfield, IL last sold for $89,900 in January 2024.
- 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.
- Does 40 Lilac Ln have air conditioning?Yes, 40 Lilac Ln in Springfield, IL has air conditioning.
- Does 40 Lilac Ln have laundry facilities?Yes, 40 Lilac Ln in Springfield, IL has in-unit laundry.


