Taxes
- Assessed Value: $24,574
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 14-27.0-334-058
- Assessed Land Value: 24574
- Market Land Value: 68757
- Tax Amount: 1989.62
- Tax Year: 2025
- Market Value: 68757
- Market Year: 2024
516 N 5th St; Springfield, IL Property Details
Off market
516 N 5th St Springfield, IL 62702
$24,574 Estimated Value
Property Type
Commercial Vacant LandProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Purchase Price: $1,600,000
- Open Loans: 1
- APN: 14-27.0-334-058
- Situs County: Sangamon
- Length Of Ownership: 1 year, 3 months
Measurements
- Lot: 5,920/SqFt
Legal Description
- Description: L 5 B 3 EX THE 4' JOHN TAYLORS N ADDN (5,920 SQ FT) 27-16-5
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: 39.806744 / -89.648766
- Subdivision: John Taylors N Add
- Property Class: Vacant
- County Use Code: 50
Amenities
- Plus Four: 5204
Ownership Info
516 N 5th St has no associated ownership info
516 N 5th St has no associated ownership info.
Taxes
516 N 5th St has 10 associated Taxes items
516 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 $24,574. The APN we've located for 516 N 5th St is 14-27.0-334-058.
Unlock the full reportTax History
516 N 5th 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 $24,574 | Land Value $24,574 | Improvement Value | Tax Amount $1,989.62 | Change Rate +0.033526% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $22,919 | Land Value $22,919 | Improvement Value | Tax Amount $1,925.08 | Change Rate +0.040134% | Assessed CR | Tax Rate +0.083995% |
| Year 2023 | Assessed Value $20,934 | Land Value $20,934 | Improvement Value | Tax Amount $1,850.8 | Change Rate +0.040091% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $19,858 | Land Value $19,858 | Improvement Value | Tax Amount $1,779.46 | Change Rate +0.034305% | Assessed CR | Tax Rate +0.089609% |
| Year 2021 | Assessed Value $19,114 | Land Value $19,114 | Improvement Value | Tax Amount $1,720.44 | Change Rate +0.020258% | Assessed CR | Tax Rate +0.090009% |
| Year 2020 | Assessed Value $19,143 | Land Value $19,143 | Improvement Value | Tax Amount $1,686.28 | Change Rate +0.051743% | Assessed CR | Tax Rate +0.088089% |
| Year 2019 | Assessed Value $19,076 | Land Value $19,076 | Improvement Value | Tax Amount $1,603.32 | Change Rate | Assessed CR | Tax Rate +0.084049% |
| Year 2018 | Assessed Value $18,976 | Land Value $18,976 | Improvement Value | Tax Amount $1,603.32 | Change Rate +0.021132% | Assessed CR | Tax Rate +0.084492% |
| Year 2017 | Assessed Value $18,731 | Land Value $18,731 | Improvement Value | Tax Amount $1,570.14 | Change Rate +0.020022% | Assessed CR | Tax Rate +0.083826% |
| Year 2016 | Assessed Value $18,458 | Land Value $18,458 | Improvement Value | Tax Amount $1,539.32 | Change Rate +0.009801% | Assessed CR | Tax Rate +0.083396% |
| Year 2015 | Assessed Value $18,237 | Land Value $18,237 | Improvement Value | Tax Amount $1,524.38 | Change Rate +0.015225% | Assessed CR | Tax Rate +0.083587% |
| Year 2014 | Assessed Value $18,119 | Land Value $18,119 | Improvement Value | Tax Amount $1,501.52 | Change Rate +0.02282% | Assessed CR | Tax Rate +0.08287% |
| Year 2013 | Assessed Value $18,119 | Land Value $18,119 | Improvement Value | Tax Amount $1,468.02 | Change Rate | Assessed CR | Tax Rate +0.081021% |