516 E Adams St, Springfield, IL 62701
OFF MARKET

$236,300

Trulia Estimate
  • Studio

516 E Adams St, Springfield, IL 62701

Downtown
Est. Refi. Payment $1,787/mo*
Refinance Your Home
Currently Off Market - Sold Sep 17, 2024 for $150,000

Home Value

Trulia Estimate
$236K
Since last month
Decreased$7K (-2.9%)
Since last year
Decreased$4K (-1.8%)
Since last sale
Increased$89K (+59.1%)
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 +5% in the last 10 years
MonthEstimated value
2026
October 2026$239K
September 2026$257K
August 2026$246K
July 2026$250K
June 2026$253K
May 2026$234K
April 2026$242K
March 2026$239K
February 2026$250K
January 2026$236K
2025
2024
2023

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
227 E Adams St, Springfield, IL
0.21
Single-Family Home
$450,000
08/31/26
-
-
810 E Edwards St, Springfield, IL
0.37
Single-Family Home
$70,000
11/03/25
3
2.5
1,732
421 W Jackson Pkwy, Springfield, IL
0.61
Single-Family Home
$130,000
10/21/25
5
7.5
4,457
441 Jackson Pkwy, Springfield, IL
0.64
Single-Family Home
$158,900
06/08/26
3
1.5
1,420
719 N 6th St, Springfield, IL
0.61
Single-Family Home
$94,000
04/23/26
-
-
1405 E Edwards St, Springfield, IL
0.71
Single-Family Home
$120,000
09/28/26
3
1
1,316
433 W Lawrence Ave, Springfield, IL
0.74
Single-Family Home
$174,500
06/15/26
3
1.5
2,029
413 W Capitol Ave, Springfield, IL
0.57
Single-Family Home
$69,000
06/04/26
-
-
815 S 4th St, Springfield, IL
0.49
Single-Family Home
$50,000
01/16/26
-
-
447 W Cook St, Springfield, IL
0.71
Single-Family Home
$95,000
06/22/26
2
1
1,125

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
2800 Morgan School Rd, Springfield, IL 62701
0.00
-
Studio
-
-
Off Market
8 S Old State Capitol Plaza Springfiel #B-ID1031837P, Springfield, IL 62701
0.00
-
2
2
1,194
Off Market
8 S Old State Capitol Plaza Springfiel #2-ID1031831P, Springfield, IL 62701
0.00
-
2
2
990
Off Market
206-208 Broadway Ave, Springfield, IL 62701
0.00
-
-
-
-
Off Market
126 N 128 Walnut, Springfield, IL 62701
0.00
-
-
-
-
Off Market
Six, Springfield, IL 62701
0.00
-
-
-
-
Off Market
104 N 6 E, Springfield, IL 62701
0.00
-
-
-
-
Off Market
8 S Old State Capitol Plz #2, Springfield, IL 62701
0.00
$177,900
Studio
-
-
Off Market
8 S Old State Capitol Plz, Springfield, IL 62701
0.00
$160,600
Studio
-
-
Off Market
8 S Old State Capitol Plz #3, Springfield, IL 62701
0.00
$204,000
2
2
1,200
Off Market
4 S Old State Capitol Plz, Springfield, IL 62701
0.01
$104,600
Studio
-
-
Off Market
4 S Old State Capitol Plz, Springfield, IL 62701
0.01
$221,000
Studio
-
-
Off Market
508 E Adams St, Springfield, IL 62701
0.01
-
-
-
-
Off Market
208 S 5th St, Springfield, IL 62701
0.03
-
-
-
-
Off Market
215 S 6th St #C1, Springfield, IL 62701
0.03
$72,700
Studio
-
-
Off Market
219 S 6th St #C2, Springfield, IL 62701
0.03
$130,900
Studio
-
-
Off Market
219 S 6th St #C3, Springfield, IL 62701
0.03
-
Studio
-
-
Off Market
215 S 6th St #C4, Springfield, IL 62701
0.03
-
Studio
-
-
Off Market
217 S 6th St, Springfield, IL 62701
0.03
$61,100
Studio
-
-
Off Market
217 S 6th St, Springfield, IL 62701
0.03
-
Studio
-
-
Off Market

Local Information

  • Map ViewExplore the area around 516 E Adams St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home

About this House

This single-family home is located at 516 E Adams St, Springfield, IL. 516 E Adams St is in the Downtown neighborhood in Springfield, IL and in ZIP code 62701.
516 E Adams St, Springfield, IL 62701 is a studio single-family home in Downtown. It last sold for $150,000 on Sep 17, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $236,300, with a rent estimate of $1,331/month.

Home Details for 516 E Adams St

Property Information

Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
Sep 17, 2024
Source: N/A
Sold
$150,000
Sep 29, 2020
Source: N/A
Sold
$210,000

Market trends in Springfield

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$193K
$2.42KMoM
Sale-to-List Price
100.1%
Price per sq ft
$117
$0MoM
Available listings
347
29MoM
Sourced by Trulia Market Trends

Around this home

Neighborhood Overview

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

What Locals Say about Downtown

This October

Trick-or-Treat Score

Built from what locals say about Downtown.
  • 85% say there are sidewalks
  • 53% say there are community events
  • 43% say there's holiday spirit
Trulia Trick or TreatStart Ghost Hunt
At least 9 Trulia users voted on each feature.

  • 87 % Say car is needed

  • 85 % Say there are sidewalks

  • 81 % Say streets are well-lit

  • 78 % Say it's walkable to restaurants

  • 76 % Say parking is easy

  • 69 % Say it's dog friendly

  • 53 % Say there's wildlife

  • 53 % Say there are community events

  • 50 % Say people would walk alone at night

  • 43 % Say there's holiday spirit

  • 42 % Say neighbors are friendly

  • 39 % Say they plan to stay for at least 5 years

  • 35 % Say it's walkable to grocery stores

  • 29 % Say it's quiet

  • 23 % Say yards are well-kept

  • 15 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "its not far from my job. but the area isnt fantastic in my personal opinion but i know a lot of people that have lived over there and had no issues"
    11
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 516 E Adams St

  • What is 516 E Adams St estimated to be worth?
    Trulia's estimated value for 516 E Adams St in Springfield, IL is $236,300.
  • What is the price history for 516 E Adams St?
    516 E Adams St in Springfield, IL last sold for $150,000 in September 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 $193K. That is up $2.42K from the prior month.

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Off Market Homes Near 516 E Adams St

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