1501 S 5th St, Springfield, IL 62703 Property Records

Sangamon County property record for 1501 S 5th St, Springfield, IL 62703

Property Summary

Property Type	Commercial
Lot Size	0.209 acres (9,131 sqft)
Owner	Company Name on File
Last Sale	$300,000 (Jun 2026)
Tax Bill	$5,914 (2025)
Deeds & Mortgages	Jul 2026 Sale & Mortgage Jun 2026 Sale & Mortgage + 5 more
Flood Zone	Zone X (minimal risk)
APN	`22-04.0-234-009`

Property Details

APN / Parcel Number

Primary APN	`22-04.0-234-009`
Alternative APN	`22040234009 (CHECK DIGIT = 6)`

Exterior

Lot Area	9,131 sqft (0.209 acres)

Location & Zoning

Account Number	22040234009
Street Address	1501 S 5TH ST
City	SPRINGFIELD
State	IL
Zip	62703-2806
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	GEO. CARPENTERS SUB PT E1/2 NE L 1 N 60' B 3 4-15-5
Legal Subdivision	GEO. CARPENTERS SUB
Jurisdiction	SANGAMON IL
Township / Civil Division	CAPITAL
Census Block Group	2
Census Block	2018
Census Tract	1800

Owner

1501 S 5th St, a commercial property, is owned by a company that bought it in June 2026.

Source: Sangamon County records, as of July 6, 2026

Owner of Record	Company Name on File
Mailing Address	PO BOX 1912, MATTESON, IL 60443-4912
Owner Type	Company
Vesting	Limited Liability Partnership

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

Date	Document
Jul 23, 2026	Warranty Deed, Transfer · Conventional Mortgage INB NA
Jun 25, 2026	Warranty Deed, Transfer · Conventional Mortgage INB NA
Mar 7, 2023	Deed of Trust, Mortgage · Commercial Mortgage MIDAMERICA NATIONAL BANK
Mar 7, 2023	Deed of Trust, Mortgage · Commercial Mortgage MIDAMERICA NATIONAL BANK
Mar 7, 2023	Warranty Deed, Transfer · Commercial Mortgage MIDAMERICA NATIONAL BANK
Dec 5, 2014	Quit Claim Deed, Transfer Quitclaim
Jul 16, 2008	Warranty Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 25, 2026 · Amount on File
Deed Sale	Jun 25, 2026 · Amount on File
Prior Sale	Mar 7, 2023 · Amount on File
Deed Document Number	202611334
Record Updated	Sep 20, 2026

July 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SANGAMON IL
Recording Date	Jul 23, 2026
Property Address	1501 S 5TH ST, SPRINGFIELD, IL 62703-2806
Document Number	0000013532
Instrument Date	Jul 21, 2026
Instrument	202613532
Transaction Type	Transfer
Record Updated	Aug 5, 2026
Title Company	CSC DOCUMENT RECORDING

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$33,330.00
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2400 MAYFAIR RD, SPRINGFIELD, IL 62703-4450

Mortgage

Document Number	0000013533,
Date	Jul 23, 2026
Instrument	202613533

Lender

Name	INB NA

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Interest

Rate	6.52%
Max Rate	-1%

June 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SANGAMON IL
Recording Date	Jun 25, 2026
Property Address	1501 S 5TH ST, SPRINGFIELD, IL 62703-2806
Document Number	0000011334
Instrument Date	Jun 22, 2026
Instrument	202611334
Transaction Type	Transfer
Record Updated	Jul 7, 2026
Title Company	CSC DOCUMENT RECORDING

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$45,450.00
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership
Investor	Possibly a Property Investor

Mortgage

Document Number	0000011335,
Date	Jun 25, 2026
Instrument	202611335

Lender

Name	INB NA

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Interest

Rate	6.36%
Max Rate	-1%

March 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANGAMON IL
Property Address	1501 S 5TH ST, SPRINGFIELD, IL 62703-2806
Transaction Type	Mortgage
Record Updated	Jun 2, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2023R03607
Date	Mar 7, 2023
Instrument	2023R03607

Lender

Name	MIDAMERICA NATIONAL BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	240 Months
Due	Mar 15, 2043

Interest

Rate Type	Adjustable Rate
Rate	4.14%

March 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANGAMON IL
Property Address	1501 S 5TH ST, SPRINGFIELD, IL 62703-2806
Transaction Type	Mortgage
Record Updated	Apr 5, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2023R03607
Date	Mar 7, 2023
Instrument	2023R03607

Lender

Name	MIDAMERICA NATIONAL BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	240 Months
Due	Mar 15, 2043

Interest

Rate Type	Adjustable Rate
Rate	4.14%

March 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SANGAMON IL
Recording Date	Mar 7, 2023
Property Address	1501 S 5TH ST, SPRINGFIELD, IL 62703-2806
Document Number	2023R03605
Instrument Date	Mar 2, 2023
Instrument	2023R03605
Transaction Type	Transfer
Record Updated	Jun 2, 2026

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$420.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	800 LINDAL LN, CHATHAM, IL 62629-9793

Mortgage

Document Number	2023R03606
Date	Mar 7, 2023
Instrument	2023R03606

Lender

Name	MIDAMERICA NATIONAL BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	240 Months
Due	Mar 15, 2043

Interest

Rate Type	Adjustable Rate
Rate	4.14%

December 2014: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	SANGAMON IL
Recording Date	Dec 5, 2014
Property Address	1501 S 5TH ST, SPRINGFIELD, IL 62703-2806
Document Number	2014019310
Instrument Date	Dec 1, 2014
Instrument	2014019310
Transaction Type	Transfer
Record Updated	Jun 2, 2026

Transaction

Tax	$0.00
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	241 KOCH ST, PEKIN, IL 61554-5552
Investor	Possibly a Property Investor

July 2008: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SANGAMON IL
Recording Date	Jul 16, 2008
Property Address	1501 S 5TH ST, SPRINGFIELD, IL 62703-2806
Document Number	2008R27502
Instrument Date	Jul 1, 2008
Instrument	2008R27502
Transaction Type	Transfer
Record Updated	Jun 2, 2026

Transaction

Amount	Amount on Record
Tax	$375.00
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5012 FOXFIRE CT, SPRINGFIELD, IL 62711-7806

Tax Assessment & Valuation

The 2025 property tax bill for 1501 S 5th St was $5,914, up 3.4% from the year before.

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

Property Jurisdictions

Type	Name
State	Illinois
County	Sangamon County
County Subdivision	Capital Township
Municipality	Springfield City
Unified School District	Springfield School District 186 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$5,914.00 (+3.36%)	$73,047 (+7.22%) Land $31,050 Building $41,997	$219,141 (+7.22%) Land $93,150 Building $125,991
2024	$5,722.00	$68,128 Land $28,959 Building $39,169	$204,384 Land $86,877 Building $117,507
2022	$7,216.00	$80,534 Land $25,092 Building $55,442	$241,602 Land $75,276 Building $166,326

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 1501 S 5th St in Zone X, an area of minimal flood risk.

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

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

Wildfire

The area around 1501 S 5th 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 Risk	Not 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 System	SPRINGFIELD serves 117,444 people · EPA ID IL1671200
Water Source	Surface water
Last State Inspection	Sep 2024
Lead	Under 1 ppb (2026–2028) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	3 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 321 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Rise Broadband Fixed Wireless	500 / 100
AT&T Fixed Wireless · DSL · Fiber in parts of the area	100 / 20

May also be available: Verizon.

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