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524 N 5th St; Springfield, IL Property Details

524 N 5th St, Springfield, IL is a Commercial Vacant Land. This property is not for sale. The lot size of 524 N 5th St is 5,920 square feet.

Off market
524 N 5th St Springfield, IL 62702
$24,574 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $1,600,000
  • Open Loans: 1
  • APN: 14-27.0-334-056
  • Situs County: Sangamon
  • Length Of Ownership: 1 year, 3 months

Measurements

  • Lot: 5,920/SqFt

Legal Description

  • Description: L 3 B 3 EX THE E 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: 39.806965 / -89.648766
  • Subdivision: John Taylors N Add
  • Property Class: Vacant
  • County Use Code: 50

Amenities

  • Plus Four: 5204

Ownership Info

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

Taxes

524 N 5th St has 10 associated Taxes items

524 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 524 N 5th St is 14-27.0-334-056.

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Taxes
  • Assessed Value:  $24,574
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-27.0-334-056
  • Assessed Land Value:  24574
  • Market Land Value:  68757
  • Tax Amount:  1989.62
  • Tax Year:  2025
  • Market Value:  68757
  • Market Year:  2024

Tax History

524 N 5th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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%