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407 N 5th St; Springfield, IL Property Details

407 N 5th St, Springfield, IL is a Commercial Vacant Land. This property is currently Financed and is not for sale. The lot size of 407 N 5th St is 8,153 square feet.

Off market
407 N 5th St Springfield, IL 62702
$190,000 Listing Price
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $190,000
  • APN: 14-27.0-309-049
  • Situs County: Sangamon
  • Length Of Ownership: 4 years, 2 months

Measurements

  • Lot: 8,153/SqFt

Legal Description

  • Description: L 13 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: 39.80523 / -89.64963
  • Subdivision: N Edwards Add
  • Property Class: Vacant
  • County Use Code: 50

Amenities

  • Plus Four: 5201

Ownership Info

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

Taxes

407 N 5th St has 10 associated Taxes items

407 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 $32,431. The APN we've located for 407 N 5th St is 14-27.0-309-049.

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Taxes
  • Assessed Value:  $32,431
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-27.0-309-049
  • Assessed Land Value:  32431
  • Market Land Value:  90741
  • Tax Amount:  2625.74
  • Tax Year:  2025
  • Market Value:  90741
  • Market Year:  2024

Tax History

407 N 5th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $32,431 Land Value $32,431 Improvement Value Tax Amount $2,625.74 Change Rate +0.033512% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $30,247 Land Value $30,247 Improvement Value Tax Amount $2,540.6 Change Rate +0.040113% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $27,628 Land Value $27,628 Improvement Value Tax Amount $2,442.62 Change Rate +0.040086% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $26,208 Land Value $26,208 Improvement Value Tax Amount $2,348.48 Change Rate +0.034272% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $25,227 Land Value $25,227 Improvement Value Tax Amount $2,270.66 Change Rate +0.020274% Assessed CR Tax Rate +0.090009%
Year 2020 Assessed Value $25,265 Land Value $25,265 Improvement Value Tax Amount $2,225.54 Change Rate +0.050963% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $25,177 Land Value $25,177 Improvement Value Tax Amount $2,117.62 Change Rate Assessed CR Tax Rate +0.084109%
Year 2018 Assessed Value $25,063 Land Value $25,063 Improvement Value Tax Amount $2,117.62 Change Rate +0.02114% Assessed CR Tax Rate +0.084492%
Year 2017 Assessed Value $24,739 Land Value $24,739 Improvement Value Tax Amount $2,073.78 Change Rate +0.020039% Assessed CR Tax Rate +0.083826%
Year 2016 Assessed Value $24,378 Land Value $24,378 Improvement Value Tax Amount $2,033.04 Change Rate +0.009775% Assessed CR Tax Rate +0.083397%
Year 2015 Assessed Value $24,087 Land Value $24,087 Improvement Value Tax Amount $2,013.36 Change Rate +0.015228% Assessed CR Tax Rate +0.083587%
Year 2014 Assessed Value $23,931 Land Value $23,931 Improvement Value Tax Amount $1,983.16 Change Rate +0.022817% Assessed CR Tax Rate +0.08287%
Year 2013 Assessed Value $23,931 Land Value $23,931 Improvement Value Tax Amount $1,938.92 Change Rate Assessed CR Tax Rate +0.081021%