501 E Monroe St, Springfield, IL 62701 Property Records

Sangamon County property record for 501 E Monroe St, Springfield, IL 62701 · Last verified June 2026

Property Highlights

Property Type	Commercial > Retail
Lot Size	39,732 sqft (0.912 acres)
Tax Bill	$123,632.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`14-34.0-130-066`
Alternative APN	`14340130066 (CHECK DIGIT = 5)`

Interior

Units	6 Units

Exterior

Lot Area	39,732 sqft (0.912 acres)

Location & Zoning

Account Number	14340130066
Street Address	501 E MONROE ST
City	SPRINGFIELD
State	IL
Zip	62701-1524
Property Usage	Commercial Property Usage
Type	Commercial > Retail
Legal Description	LOTS 5,6 & 7 & W 10' LOT 8 BLK 22 OLD TOWN PLAT
Legal Subdivision	OLD TOWN
Legal Block	22
Legal Lot Number	5-8
Jurisdiction	SANGAMON IL
Minor Civil Division	CAPITAL
Census Blockgroup	1
Census Block	1015
Census Tract	1400

Owner

Source: Sangamon County records · APN 14-34.0-130-066

Assessment roll updated June 2, 2026 · Last verified June 2026

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

Owner of Record	Company Name on File
Mailing Address	PO BOX 5260, SPRINGFIELD, IL 62705-5260
Owner Type	Owner is a Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Nov 21, 2006
Deed Sale	Nov 21, 2006
Prior Sale	Sep 10, 2001
Record Refreshed	Sep 20, 2026

February 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANGAMON IL
Property Address	501 E MONROE ST, SPRINGFIELD, IL 62701-1524
Transaction Type	Mortgage
Record Updated	Feb 26, 2020

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2020R02728
Date	Feb 10, 2020
Instrument	2020R02728

Lender

Name	PRAIRIE STATE BANK & TRUST
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Feb 07, 2025

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

Source: Sangamon County records · Assessment roll updated June 2, 2026 · Last verified June 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

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$123,632.00 (+15.3%)	$1,527,006 (+27.61%) Land $325,682 Building $1,201,324	$4,581,018 (+27.61%) Land $977,046 Building $3,603,972
2022	$107,229.00	$1,196,641 Land $263,185 Building $933,456	$3,589,923 Land $789,555 Building $2,800,368