Taxes
- Assessed Value: $371,979
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 14-33.0-428-011
- Assessed Land Value: 110302
- Market Land Value: 330906
- Tax Amount: 30116.92
- Tax Year: 2025
- Market Value: 1115937
- Market Year: 2025
725 S 2nd St; Springfield, IL Property Details
Off market
725 S 2nd St Springfield, IL 62704
$371,979 Estimated Value
Property Type
GeneralProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Purchase Price: $875,000
- APN: 14-33.0-428-011
- Situs County: Sangamon
- Length Of Ownership: 7 years, 2 months
Measurements
- Lot: 26,572/SqFt
Legal Description
- Description: PT L40 & L39 S OF ALLEY EX W 100' ASSRS SUB OF NE1/4 33 & PT W1/2 NW1/4 34-16-5 & L1 CONSTANTS ADDN EX W 100'
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: 39.794224 / -89.653786
- Subdivision: Assrs Sub
- Property Class: Commercial
- County Use Code: 60
Amenities
- Plus Four: 2515
Ownership Info
725 S 2nd St has no associated ownership info
725 S 2nd St has no associated ownership info.
Taxes
725 S 2nd St has 10 associated Taxes items
725 S 2nd 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 $371,979. The APN we've located for 725 S 2nd St is 14-33.0-428-011.
Unlock the full reportTax History
725 S 2nd 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 $371,979 | Land Value $110,302 | Improvement Value $261,677 | Tax Amount $30,116.92 | Change Rate +0.033511% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $346,930 | Land Value $102,874 | Improvement Value $244,056 | Tax Amount $29,140.4 | Change Rate +0.040116% | Assessed CR | Tax Rate +0.083995% |
| Year 2023 | Assessed Value $316,889 | Land Value $93,966 | Improvement Value $222,923 | Tax Amount $28,016.48 | Change Rate +0.040105% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $300,597 | Land Value $89,135 | Improvement Value $211,462 | Tax Amount $26,936.2 | Change Rate +0.034285% | Assessed CR | Tax Rate +0.089609% |
| Year 2021 | Assessed Value $289,341 | Land Value $85,797 | Improvement Value $203,544 | Tax Amount $26,043.3 | Change Rate +0.020274% | Assessed CR | Tax Rate +0.090009% |
| Year 2020 | Assessed Value $289,776 | Land Value $85,926 | Improvement Value $203,850 | Tax Amount $25,525.8 | Change Rate +0.322157% | Assessed CR | Tax Rate +0.088088% |
| Year 2019 | Assessed Value $288,765 | Land Value $85,626 | Improvement Value $203,139 | Tax Amount $19,306.18 | Change Rate | Assessed CR | Tax Rate +0.066858% |
| Year 2018 | Assessed Value $228,497 | Land Value $85,171 | Improvement Value $143,326 | Tax Amount $19,306.18 | Change Rate +0.021146% | Assessed CR | Tax Rate +0.084492% |
| Year 2017 | Assessed Value $225,543 | Land Value $84,070 | Improvement Value $141,473 | Tax Amount $18,906.38 | Change Rate +0.020031% | Assessed CR | Tax Rate +0.083826% |
| Year 2016 | Assessed Value $222,254 | Land Value $82,844 | Improvement Value $139,410 | Tax Amount $18,535.1 | Change Rate +0.009787% | Assessed CR | Tax Rate +0.083396% |
| Year 2015 | Assessed Value $219,597 | Land Value $81,854 | Improvement Value $137,743 | Tax Amount $18,355.46 | Change Rate +0.015212% | Assessed CR | Tax Rate +0.083587% |
| Year 2014 | Assessed Value $218,178 | Land Value $81,325 | Improvement Value $136,853 | Tax Amount $18,080.42 | Change Rate | Assessed CR | Tax Rate +0.08287% |
| Year 2013 | Assessed Value $218,178 | Land Value $81,325 | Improvement Value $136,853 | Tax Amount | Change Rate | Assessed CR | Tax Rate |