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400 W Monroe St; Springfield, IL Property Details

400 W Monroe St, Springfield, IL is a General that was built in 1989. This property is for sale. The lot size of 400 W Monroe St is 42,364 square feet.

On Market for 151 days
400 W Monroe St Springfield, IL 62704
$6,500,000 Listing Price
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1989
  • Purchase Price: $250,000
  • Open Loans / Balance: 1 / $433,311
  • APN: 14-33.0-207-022
  • Situs County: Sangamon
  • Length Of Ownership: 29 years, 3 months

Measurements

  • Lot: 42,364/SqFt

Legal Description

  • Description: LOTS 1-6 & S 50' LOTS 7 & 8 BLK 3 THOS LEWIS 3RD ADDN
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: 39.799286 / -89.65906
  • Subdivision: Thos Lewis 3rd Add
  • Property Class: Commercial
  • County Use Code: 60

Amenities

  • Plus Four: 1800

Ownership Info

400 W Monroe St has no associated ownership info
400 W Monroe St has no associated ownership info.

Taxes

400 W Monroe St has 10 associated Taxes items

400 W Monroe 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 $815,312. The APN we've located for 400 W Monroe St is 14-33.0-207-022.

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Taxes
  • Assessed Value:  $815,312
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-33.0-207-022
  • Assessed Land Value:  292132
  • Market Land Value:  876396
  • Tax Amount:  66010.92
  • Tax Year:  2025
  • Market Value:  2445936
  • Market Year:  2025

Tax History

400 W Monroe St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $815,312 Land Value $292,132 Improvement Value $523,180 Tax Amount $66,010.92 Change Rate +0.03351% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $760,410 Land Value $272,460 Improvement Value $487,950 Tax Amount $63,870.64 Change Rate +0.026375% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $703,864 Land Value $248,867 Improvement Value $454,997 Tax Amount $62,229.32 Change Rate +0.040106% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $667,676 Land Value $236,072 Improvement Value $431,604 Tax Amount $59,829.78 Change Rate +0.01095% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $657,509 Land Value $227,233 Improvement Value $430,276 Tax Amount $59,181.74 Change Rate +0.022114% Assessed CR Tax Rate +0.090009%
Year 2020 Assessed Value $657,312 Land Value $227,575 Improvement Value $429,737 Tax Amount $57,901.3 Change Rate -0.652795% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $1,779,524 Land Value $226,781 Improvement Value $1,552,743 Tax Amount $166,763.98 Change Rate Assessed CR Tax Rate +0.093713%
Year 2018 Assessed Value $1,973,725 Land Value $225,688 Improvement Value $1,748,037 Tax Amount $166,763.98 Change Rate +0.021149% Assessed CR Tax Rate +0.084492%
Year 2017 Assessed Value $1,948,204 Land Value $222,770 Improvement Value $1,725,434 Tax Amount $163,310.16 Change Rate +0.020032% Assessed CR Tax Rate +0.083826%
Year 2016 Assessed Value $1,919,791 Land Value $219,521 Improvement Value $1,700,270 Tax Amount $160,102.91 Change Rate +0.009787% Assessed CR Tax Rate +0.083396%
Year 2015 Assessed Value $1,896,840 Land Value $216,897 Improvement Value $1,679,943 Tax Amount $158,551.19 Change Rate +0.015209% Assessed CR Tax Rate +0.083587%
Year 2014 Assessed Value $1,884,590 Land Value $215,496 Improvement Value $1,669,094 Tax Amount $156,175.98 Change Rate +0.022821% Assessed CR Tax Rate +0.08287%
Year 2013 Assessed Value $1,884,590 Land Value $215,496 Improvement Value $1,669,094 Tax Amount $152,691.38 Change Rate Assessed CR Tax Rate +0.081021%