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401 N 5th St; Springfield, IL Property Details

401 N 5th St, Springfield, IL is a Commercial Vacant Land. This property is currently Financed and is not for sale. The lot size of 401 N 5th St is 5,962 square feet.

Off market
401 N 5th St Springfield, IL 62702
$23,864 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $190,000
  • APN: 14-27.0-309-050
  • Situs County: Sangamon
  • Length Of Ownership: 4 years, 2 months

Measurements

  • Lot: 5,962/SqFt

Legal Description

  • Description: EX S 14' L 14 B 4 N EDWARDS ADDN
Building Insights

Land Information

  • Property Type: Commercial Vacant Land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Springfield School District 186
  • Lat / Lon: 39.8051 / -89.64963
  • Subdivision: N Edwards Add
  • Property Class: Vacant
  • County Use Code: 50

Amenities

  • Plus Four: 5201

Ownership Info

401 N 5th St has no associated ownership info
401 N 5th St has no associated ownership info.

Taxes

401 N 5th St has 10 associated Taxes items

401 N 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 $23,864. The APN we've located for 401 N 5th St is 14-27.0-309-050.

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Taxes
  • Assessed Value:  $23,864
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-27.0-309-050
  • Assessed Land Value:  23864
  • Market Land Value:  66771
  • Tax Amount:  1932.12
  • Tax Year:  2025
  • Market Value:  66771
  • Market Year:  2024

Tax History

401 N 5th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $23,864 Land Value $23,864 Improvement Value Tax Amount $1,932.12 Change Rate +0.033507% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $22,257 Land Value $22,257 Improvement Value Tax Amount $1,869.48 Change Rate +0.040102% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $20,330 Land Value $20,330 Improvement Value Tax Amount $1,797.4 Change Rate +0.04009% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $19,285 Land Value $19,285 Improvement Value Tax Amount $1,728.12 Change Rate +0.034282% Assessed CR Tax Rate +0.08961%
Year 2021 Assessed Value $18,563 Land Value $18,563 Improvement Value Tax Amount $1,670.84 Change Rate +0.020273% Assessed CR Tax Rate +0.090009%
Year 2020 Assessed Value $18,591 Land Value $18,591 Improvement Value Tax Amount $1,637.64 Change Rate +0.051036% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $18,526 Land Value $18,526 Improvement Value Tax Amount $1,558.12 Change Rate Assessed CR Tax Rate +0.084105%
Year 2018 Assessed Value $18,441 Land Value $18,441 Improvement Value Tax Amount $1,558.12 Change Rate +0.021129% Assessed CR Tax Rate +0.084492%
Year 2017 Assessed Value $18,203 Land Value $18,203 Improvement Value Tax Amount $1,525.88 Change Rate +0.020001% Assessed CR Tax Rate +0.083826%
Year 2016 Assessed Value $17,938 Land Value $17,938 Improvement Value Tax Amount $1,495.96 Change Rate +0.00976% Assessed CR Tax Rate +0.083396%
Year 2015 Assessed Value $17,724 Land Value $17,724 Improvement Value Tax Amount $1,481.5 Change Rate +0.015185% Assessed CR Tax Rate +0.083587%
Year 2014 Assessed Value $17,610 Land Value $17,610 Improvement Value Tax Amount $1,459.34 Change Rate +0.022821% Assessed CR Tax Rate +0.08287%
Year 2013 Assessed Value $17,610 Land Value $17,610 Improvement Value Tax Amount $1,426.78 Change Rate Assessed CR Tax Rate +0.081021%