Taxes
- Assessed Value: $834,712
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 14-33.0-206-018
- Assessed Land Value: 170522
- Market Land Value: 511566
- Tax Amount: 67581.62
- Tax Year: 2025
- Market Value: 2504136
- Market Year: 2025
509 W Capitol Ave; Springfield, IL Property Details
For Rent
509 W Capitol Ave Springfield, IL 62704
$834,712 Estimated Value
43,000 SqFt
Property Type
GeneralProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1987
- Open Loans / Balance: 2 / $1,818,379
- APN: 14-33.0-206-018
- Situs County: Sangamon
- Length Of Ownership: 11 years, 5 months
Measurements
- Total: 43,000/SqFt
- Lot: 41,166/SqFt
Legal Description
- Description: LOTS 9-14 & W1/2 LOT 15 THOMAS LEWIS 3RD ADDN 260 X 158.33
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: 39.79875 / -89.660736
- Subdivision: Thomas Lewis 3rd Add
- Property Class: Commercial
- County Use Code: 60
Amenities
- Plus Four: 1929
Ownership Info
509 W Capitol Ave has no associated ownership info
509 W Capitol Ave has no associated ownership info.
Taxes
509 W Capitol Ave has 10 associated Taxes items
509 W Capitol Ave, 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 $834,712. The APN we've located for 509 W Capitol Ave is 14-33.0-206-018.
Unlock the full reportTax History
509 W Capitol Ave 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 $834,712 | Land Value $170,522 | Improvement Value $664,190 | Tax Amount $67,581.62 | Change Rate +0.1141% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $722,189 | Land Value $159,039 | Improvement Value $563,150 | Tax Amount $60,660.28 | Change Rate +0.040116% | Assessed CR | Tax Rate +0.083995% |
| Year 2023 | Assessed Value $659,654 | Land Value $145,268 | Improvement Value $514,386 | Tax Amount $58,320.68 | Change Rate +1.185638% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $297,778 | Land Value $137,799 | Improvement Value $159,979 | Tax Amount $26,683.6 | Change Rate +0.034284% | Assessed CR | Tax Rate +0.089609% |
| Year 2021 | Assessed Value $286,628 | Land Value $132,639 | Improvement Value $153,989 | Tax Amount $25,799.1 | Change Rate +0.020277% | Assessed CR | Tax Rate +0.090009% |
| Year 2020 | Assessed Value $287,058 | Land Value $132,838 | Improvement Value $154,220 | Tax Amount $25,286.38 | Change Rate -0.017761% | Assessed CR | Tax Rate +0.088088% |
| Year 2019 | Assessed Value $286,057 | Land Value $132,375 | Improvement Value $153,682 | Tax Amount $25,743.62 | Change Rate | Assessed CR | Tax Rate +0.089995% |
| Year 2018 | Assessed Value $304,687 | Land Value $131,675 | Improvement Value $173,012 | Tax Amount $25,743.62 | Change Rate +0.02115% | Assessed CR | Tax Rate +0.084492% |
| Year 2017 | Assessed Value $300,747 | Land Value $129,972 | Improvement Value $170,775 | Tax Amount $25,210.42 | Change Rate +0.020035% | Assessed CR | Tax Rate +0.083826% |
| Year 2016 | Assessed Value $296,360 | Land Value $128,076 | Improvement Value $168,284 | Tax Amount $24,715.24 | Change Rate +0.009787% | Assessed CR | Tax Rate +0.083396% |
| Year 2015 | Assessed Value $292,817 | Land Value $126,545 | Improvement Value $166,272 | Tax Amount $24,475.7 | Change Rate -0.62182% | Assessed CR | Tax Rate +0.083587% |
| Year 2014 | Assessed Value $780,978 | Land Value $125,728 | Improvement Value $655,250 | Tax Amount $64,719.66 | Change Rate +0.022821% | Assessed CR | Tax Rate +0.08287% |
| Year 2013 | Assessed Value $780,978 | Land Value $125,728 | Improvement Value $655,250 | Tax Amount $63,275.62 | Change Rate | Assessed CR | Tax Rate +0.081021% |