1501 S Macarthur Blvd, Springfield, IL 62704 Property Records

Sangamon County property record for 1501 S Macarthur Blvd, Springfield, IL 62704

Property Summary

Property TypeCommercial
Lot Size0.214 acres (9,350 sqft)
OwnerCompany Name on Record
Last Sale$180,000 (Jun 2019)
Tax Bill$7,041 (2025)
Deeds & MortgagesSep 2022 Mortgage
Apr 2022 Mortgage
+ 3 more
Flood ZoneZone X (minimal risk)
APN22-05.0-232-040

Property Details

APN / Parcel Number

Primary APN22-05.0-232-040
Alternative APN
  • 22050232040 (CHECK DIGIT = 8)

Exterior

Lot Area9,350 sqft (0.214 acres)

Location & Zoning

Account Number22050232040
Street Address1501 S MACARTHUR BLVD
CitySPRINGFIELD
StateIL
Zip62704-3620
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionE93.75' L 14&15 & E 93.75' N1/2 L 16 WANLESS PARK PLACE ADDN 5-15-5
Legal SubdivisionWANLESS PARK PLACE ADD
JurisdictionSANGAMON IL
Township / Civil DivisionCAPITAL
Census Block Group4
Census Block4012
Census Tract1200

Owner

Source: Sangamon County records, as of June 2, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address1501 S MACARTHUR BLVD, SPRINGFIELD, IL 62704-3620
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Sep 1, 2022Deed of Trust, Mortgage · Commercial Mortgage
MARINE BANK
Apr 21, 2022Deed of Trust, Mortgage · Conventional Mortgage
MARINE BANK
Sep 12, 2019Deed of Trust, Mortgage · Conventional Mortgage
MARINE BANK
Sep 12, 2019Deed of Trust, Mortgage · Conventional Mortgage
MARINE BANK
Jun 25, 2019Deed, Transfer · Conventional Mortgage
MARINE BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 25, 2019 · Amount on Record
Deed SaleJun 25, 2019 · Amount on Record
Prior SaleFeb 29, 2012
Deed Document Number201912507
Prior Transfer DateJun 24, 2019
Prior Transfer Doc2019R12507
Record UpdatedOct 29, 2026

September 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSANGAMON IL
Property Address1501 S MACARTHUR BLVD, SPRINGFIELD, IL 62704-3620
Transaction TypeMortgage
Record UpdatedSep 21, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2022R19122
DateSep 1, 2022
Instrument2022R19122
Lender
NameMARINE BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

April 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSANGAMON IL
Property Address1501 S MACARTHUR BLVD, SPRINGFIELD, IL 62704-3620
Transaction TypeMortgage
Record UpdatedMay 11, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2022R08554
DateApr 21, 2022
Instrument2022R08554
Lender
NameMARINE BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Interest
Rate TypeFixed Rate

September 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSANGAMON IL
Property Address1501 S MACARTHUR BLVD, SPRINGFIELD, IL 62704-3620
Transaction TypeMortgage
Record UpdatedFeb 7, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2019R19296
DateSep 12, 2019
Instrument2019R19296
Lender
NameMARINE BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

September 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSANGAMON IL
Property Address1501 S MACARTHUR BLVD, SPRINGFIELD, IL 62704-3620
Transaction TypeMortgage
Record UpdatedFeb 5, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2019R19294
DateSep 12, 2019
Instrument2019R19294
Lender
NameMARINE BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Interest
Rate TypeFixed Rate

June 2019: Deed, Transfer

Document TypeDeed
JurisdictionSANGAMON IL
Recording DateJun 25, 2019
Property Address1501 S MACARTHUR BLVD, SPRINGFIELD, IL 62704-3620
Document Number2019R12507
Instrument DateJun 24, 2019
Instrument2019R12507
Transaction TypeTransfer
Record UpdatedMay 11, 2021

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$270.00
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1501 S MACARTHUR BLVD, SPRINGFIELD, IL 62704-3620

Mortgage

Document Number2019R12508
DateJun 25, 2019
Instrument2019R12508
Lender
NameMARINE BANK
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

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$7,041.00 (+11.82%)$86,966 (+23.75%) Land $34,303 Building $52,663$260,898 (+23.75%) Land $102,909 Building $157,989
2022$6,297.00$70,278 Land $27,721 Building $42,557$210,834 Land $83,163 Building $127,671

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

Source: FEMA National Flood Hazard Layer, effective May 4, 2016 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims1 (2014)
Claims Outside the SFHA1 of 1
Most Recent ClaimAug 2014 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

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 711 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless, DSL 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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