Taxes
- Assessed Value: $1,527,006
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 14-34.0-130-066
- Assessed Land Value: 325682
- Market Land Value: 977046
- Tax Amount: 123632.52
- Tax Year: 2025
- Market Value: 4581018
- Market Year: 2025
240 S 5th St; Springfield, IL Property Details
Off market
501 E Monroe St Springfield, IL 62701
$1,527,006 Estimated Value
Property Type
GeneralProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Open Loans / Balance: 1 / $4,066,207
- APN: 14-34.0-130-066
- Situs County: Sangamon
- Length Of Ownership: 19 years, 6 months
Measurements
- Lot: 39,732/SqFt
Legal Description
- Description: LOTS 5,6 & 7 & W 10' LOT 8 BLK 22 OLD TOWN PLAT
Building Insights
Land Information
- Property Type: General
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Springfield School District 186
- Lat / Lon: 39.799618 / -89.6488
- Subdivision: Old Town
- Property Class: Commercial
- County Use Code: 60
Amenities
- Plus Four: 1524
Ownership Info
501 E Monroe St has no associated ownership info
501 E Monroe St has no associated ownership info.
Taxes
501 E Monroe St has 10 associated Taxes items
240 S 5th St, Springfield, IL pays taxes in Sangamon County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,527,006. The APN we've located for 240 S 5th St is 14-34.0-130-066.
Unlock the full reportTax History
501 E Monroe St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $1,527,006 | Land Value $325,682 | Improvement Value $1,201,324 | Tax Amount $123,632.52 | Change Rate +0.033509% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $1,424,180 | Land Value $303,751 | Improvement Value $1,120,429 | Tax Amount $119,624 | Change Rate +0.040116% | Assessed CR | Tax Rate +0.083995% |
| Year 2023 | Assessed Value $1,300,859 | Land Value $277,449 | Improvement Value $1,023,410 | Tax Amount $115,010.26 | Change Rate +0.072559% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $1,196,641 | Land Value $263,185 | Improvement Value $933,456 | Tax Amount $107,229.8 | Change Rate +0.034284% | Assessed CR | Tax Rate +0.089609% |
| Year 2021 | Assessed Value $1,151,834 | Land Value $253,330 | Improvement Value $898,504 | Tax Amount $103,675.44 | Change Rate +0.020275% | Assessed CR | Tax Rate +0.090009% |
| Year 2020 | Assessed Value $1,153,565 | Land Value $253,711 | Improvement Value $899,854 | Tax Amount $101,615.24 | Change Rate -0.046357% | Assessed CR | Tax Rate +0.088088% |
| Year 2019 | Assessed Value $1,149,541 | Land Value $252,826 | Improvement Value $896,715 | Tax Amount $106,554.8 | Change Rate | Assessed CR | Tax Rate +0.092693% |
| Year 2018 | Assessed Value $1,261,123 | Land Value $251,620 | Improvement Value $1,009,503 | Tax Amount $106,554.8 | Change Rate +0.021149% | Assessed CR | Tax Rate +0.084492% |
| Year 2017 | Assessed Value $1,244,816 | Land Value $248,366 | Improvement Value $996,450 | Tax Amount $104,347.96 | Change Rate +0.020032% | Assessed CR | Tax Rate +0.083826% |
| Year 2016 | Assessed Value $1,226,662 | Land Value $244,744 | Improvement Value $981,918 | Tax Amount $102,298.7 | Change Rate +0.009787% | Assessed CR | Tax Rate +0.083396% |
| Year 2015 | Assessed Value $1,211,997 | Land Value $241,818 | Improvement Value $970,179 | Tax Amount $101,307.2 | Change Rate +0.015208% | Assessed CR | Tax Rate +0.083587% |
| Year 2014 | Assessed Value $1,204,170 | Land Value $240,256 | Improvement Value $963,914 | Tax Amount $99,789.58 | Change Rate +0.022821% | Assessed CR | Tax Rate +0.08287% |
| Year 2013 | Assessed Value $1,204,170 | Land Value $240,256 | Improvement Value $963,914 | Tax Amount $97,563.06 | Change Rate | Assessed CR | Tax Rate +0.081021% |