Taxes
- Assessed Value: $377,730
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 14-27.0-305-011
- Assessed Land Value: 377730
- Market Land Value: 1056882
- Tax Amount: 30582.54
- Tax Year: 2025
- Market Value: 1056882
- Market Year: 2024
500 N 1st St; Springfield, IL Property Details
Off market
500 N 1st St Springfield, IL 62702
$4,000,000 Listing Price
Property Type
Commercial Vacant LandProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1987
- Purchase Price: $1,750,000
- APN: 14-27.0-305-011
- Situs County: Sangamon
- Length Of Ownership: 4 years, 7 months
Measurements
- Lot: 83,612/SqFt
Legal Description
- Description: L1-5, L12-14 & N47' L15 & 16 BLK4 DARLING & TAYLORS ADDN L5-7 & L2 EX W26' & VAC ALLEY B15 MASONS 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: 39.80705 / -89.65379
- Subdivision: Darling & Taylors Add
- Property Class: Vacant
- County Use Code: 50
Amenities
- Plus Four: 5116
Ownership Info
500 N 1st St has no associated ownership info
500 N 1st St has no associated ownership info.
Taxes
500 N 1st St has 10 associated Taxes items
500 N 1st 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 $377,730. The APN we've located for 500 N 1st St is 14-27.0-305-011.
Unlock the full reportTax History
500 N 1st 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 $377,730 | Land Value $377,730 | Improvement Value | Tax Amount $30,582.54 | Change Rate +0.03351% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $352,294 | Land Value $352,294 | Improvement Value | Tax Amount $29,590.94 | Change Rate +0.040118% | Assessed CR | Tax Rate +0.083995% |
| Year 2023 | Assessed Value $321,788 | Land Value $321,788 | Improvement Value | Tax Amount $28,449.6 | Change Rate +0.040105% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $305,244 | Land Value $305,244 | Improvement Value | Tax Amount $27,352.62 | Change Rate -0.448836% | Assessed CR | Tax Rate +0.089609% |
| Year 2021 | Assessed Value $551,356 | Land Value $293,815 | Improvement Value $257,541 | Tax Amount $49,627 | Change Rate +0.020276% | Assessed CR | Tax Rate +0.090009% |
| Year 2020 | Assessed Value $552,184 | Land Value $294,256 | Improvement Value $257,928 | Tax Amount $48,640.78 | Change Rate -0.009213% | Assessed CR | Tax Rate +0.088088% |
| Year 2019 | Assessed Value $550,258 | Land Value $293,230 | Improvement Value $257,028 | Tax Amount $49,093.06 | Change Rate | Assessed CR | Tax Rate +0.089218% |
| Year 2018 | Assessed Value $581,038 | Land Value $291,681 | Improvement Value $289,357 | Tax Amount $49,093.06 | Change Rate +0.021151% | Assessed CR | Tax Rate +0.084492% |
| Year 2017 | Assessed Value $573,524 | Land Value $287,909 | Improvement Value $285,615 | Tax Amount $48,076.22 | Change Rate +0.020032% | Assessed CR | Tax Rate +0.083826% |
| Year 2016 | Assessed Value $565,160 | Land Value $283,710 | Improvement Value $281,450 | Tax Amount $47,132.08 | Change Rate +0.009788% | Assessed CR | Tax Rate +0.083396% |
| Year 2015 | Assessed Value $558,403 | Land Value $280,318 | Improvement Value $278,085 | Tax Amount $46,675.24 | Change Rate +0.015208% | Assessed CR | Tax Rate +0.083587% |
| Year 2014 | Assessed Value $554,797 | Land Value $278,508 | Improvement Value $276,289 | Tax Amount $45,976.04 | Change Rate +0.022821% | Assessed CR | Tax Rate +0.08287% |
| Year 2013 | Assessed Value $554,797 | Land Value $278,508 | Improvement Value $276,289 | Tax Amount $44,950.22 | Change Rate | Assessed CR | Tax Rate +0.081021% |