516 S Martin Luther King Jr Drive, Springfield, IL 62703 - Photo 1

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$54,793

For Sale
Active
Single Family
2 Beds
1 Full Bath
1,071 Sq. Ft.
Updated 8 days ago

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Full Property Details

Full Property Details for 516 S Martin Luther King Jr Dr

General

Price: $54,793
Taxes: $1,063 (2025)
Status: Active
Type: Single Family
Source: MRED
MLS ID: 12646034
Updated: 5/21/2026
Added to Site: 15 day(s) ago

Interior

Basement: None

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 2

Parking

Total Spaces: 2
Parking Features: Yes

Location

Area: Springfield
County: Sangamon
Township: Capital Townsh
Driving Directions: ON S MARTIN LUTHER KING JR DR FROM E JACKSON ST. ARRIVE AT 516 MLK

School Information

School District: 1
Elem School District: 1
Midd School District: 1
High School District: 186

Community

Assoc. Fees Include: None

Heating & Cooling

Cooling Type: None
Heating Type: None

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Vinyl Siding
Exterior Const.: Vinyl Siding
Basement Desc.: None
Square Feet: 1,071
Sq. Ft. Source: Estimated
Built Before 1978: Yes

Lot Features

Lot Size (Acres): 0.14
Lot Size Range: Less than .25 Acre
Lot Dimensions: 152.50 x 40

Financial Considerations

Tax Amount: $1,063.04
Tax Year: 2025
Pays Sewer: Public Sewer

Disclosures and Reports

Ownership: Fee Simple
Property ID: 14350158023000

Listed by The Lozano Group

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— 516 S Martin Luther King Jr Dr —

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Schools

Schools serving 516 S Martin Luther King Jr Dr

School District:Springfield School District 186

Name	Grades	Distance
Fairview Elementary School, Springfield, IL 2200 East Ridgely Avenue, Springfield, IL 62702	K-5	1.9 mi
Washington Middle School, Springfield, IL 2300 East Jackson Street, Springfield, IL 62703	6-8	0.6 mi
Lanphier High School 1300 North 11th Street, Springfield, IL 62702	9-12	1.6 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 516 S Martin Luther King Jr Dr Get Price Alerts and Save Property

Date

Details

Price

Change

Source

5/14/2026

Listed

$54,793

-92.23%

MLS

1/24/2025

Sold

$705,000

—

Public Record

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 516 S Martin Luther King Jr Dr

Year

Property Taxes

Change

Tax Assessment

Change

2023

$1,022

4%

$11,560

5%

2022

$983

3%

$10,965

4%

2021

$950

2%

$10,554

—

2020

$931

-5%

$10,569

—

2018

$977

—

$10,532

-9%

2018

$977

2%

$11,558

1%

2017

$956

2%

$11,409

1%

2016

$938

1%

$11,242

1%

2015

$928

—

$11,108

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 516 S Martin Luther King Jr Dr

516 S Martin Luther King Jr Drive, Springfield, IL 62703 (MLS# 12646034) is a Single Family property with 2 bedrooms and 1 full bathroom. 516 S Martin Luther King Jr Drive is currently listed for $54,793 and was received on May 14, 2026. Want to learn more about 516 S Martin Luther King Jr Drive? Do you have questions about finding other Single Family real estate for sale in Springfield? You can browse all Springfield real estate or contact a Coldwell Banker agent to request more information.

516 S Martin Luther King Jr Dr Springfield, IL 62703