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1113 W Madison St, Springfield, IL 62702 Property Records

Sangamon County property record for 1113 W Madison St, Springfield, IL 62702

Property Summary

Property TypeCommercial
Lot Size0.51 acres (22,216 sqft)
OwnerCompany Name on File
Last Sale$147,000 (Mar 2024)
Tax Bill$4,372 (2025)
Deeds & MortgagesMar 2024 Sale & Mortgage
Feb 2023 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN14-28.0-302-026

Property Details

APN / Parcel Number

Primary APN14-28.0-302-026
Alternative APN
  • 14280302026 (CHECK DIGIT = 3)

Exterior

Lot Area22,216 sqft (0.51 acres)

Location & Zoning

Account Number14280302026
Street Address1113 W MADISON ST
CitySPRINGFIELD
StateIL
Zip62702
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionPT LOTS 9, 10 & 11 & 12 STEPHENS SUB (PARCEL #2) (22,362 SQ FT) 28-16-5
Legal Range05
Legal Township16
Legal Section28
Legal SubdivisionSTEPHENS SUB
Legal Lot Number9-12
JurisdictionSANGAMON IL
Township / Civil DivisionCAPITAL
Census Block Group2
Census Block2054
Census Tract202

Owner

1113 W Madison St, a commercial property, is owned by a company that bought it in March 2024.

Source: Sangamon County records, as of July 20, 2026

Owner of RecordCompany Name on File
Mailing Address1824 S MACARTHUR BLVD, SPRINGFIELD, IL 62704-4030
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Mar 28, 2024Warranty Deed, Transfer · Commercial Mortgage
HEARTLAND BANK & TRUST CO
Feb 1, 2023Warranty Deed, Transfer · Commercial Mortgage
WARREN BOYNTON STATE BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 28, 2024 · Amount on File
Deed SaleMar 28, 2024 · Amount on File
Prior SaleFeb 1, 2023 · Amount on File
Deed Document Number20244661
Record UpdatedSep 20, 2026

March 2024: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSANGAMON IL
Recording DateMar 28, 2024
Property Address1113 W MADISON ST, SPRINGFIELD, IL 62702
Document Number2024R04661
Instrument DateMar 25, 2024
Instrument2024R04661
Transaction TypeTransfer
Record UpdatedApr 10, 2024

Transaction

AmountAmount on Record
Tax$220.50
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1824 S MACARTHUR BLVD, SPRINGFIELD, IL 62704-4030

Mortgage

Document Number2024R04662
DateMar 28, 2024
Instrument2024R04662
Lender
NameHEARTLAND BANK & TRUST CO
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Term36 Months
DueJun 10, 2024
Interest
Rate TypeAdjustable Rate

February 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSANGAMON IL
Recording DateFeb 1, 2023
Property Address1113 W MADISON ST, SPRINGFIELD, IL 62702
Document Number2023R01769
Instrument DateJan 31, 2023
Instrument2023R01769
Transaction TypeTransfer
Record UpdatedFeb 22, 2023

Transaction

AmountAmount on Record
Tax$217.50
Amount AccuracyRounded by County
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address2408 GANDER RD, SPRINGFIELD, IL 62711-6176

Mortgage

Document Number2023R01770
DateFeb 1, 2023
Instrument2023R01770
Lender
NameWARREN BOYNTON STATE BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 1113 W Madison St was $4,372.

Source: Sangamon County assessment roll, as of June 2, 2026

Property Jurisdictions

TypeName
StateIllinois
CountySangamon County
County SubdivisionCapital Township
MunicipalitySpringfield City
Unified School DistrictSpringfield School District 186 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$4,372.00$54,010 Land $38,211 Building $15,799$162,030 Land $114,633 Building $47,397
2022$3,298.00$36,810 Land $30,878 Building $5,932$110,430 Land $92,634 Building $17,796

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 1113 W Madison St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective May 4, 2016

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 1113 W Madison St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemSPRINGFIELD
serves 117,444 people · EPA ID IL1671200
Water SourceSurface water
Last State InspectionSep 2024
LeadUnder 1 ppb (2026–2028)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting3
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 485 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · DSL · Fixed Wireless in parts of the area		5,000 / 5,000
Xfinity
Cable		2,000 / 250
Rise Broadband
Fixed Wireless		500 / 100
Verizon
Fixed Wireless		300 / 20
T-Mobile
Fixed Wireless		100 / 20

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