515 N Richards St, Spring Valley, IL 61362 Property Records

Bureau County property record for 515 N Richards St, Spring Valley, IL 61362

Property Summary

Property Type	Commercial
Lot Size	0.46 acres (20,038 sqft)
Owner	Company Name on File
Last Sale	$260,000 (Aug 2026)
Tax Bill	$16,383 (2025)
Deeds & Mortgages	Aug 2026 Sale & Line of Credit Apr 2019 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`18-34-255-005`

Property Details

APN / Parcel Number

Primary APN	`18-34-255-005`
Alternative APN	`1581A`

Exterior

Lot Area	20,038 sqft (0.46 acres)

Location & Zoning

Account Number	1834255005
Street Address	515 N RICHARDS ST
City	SPRING VALLEY
State	IL
Zip	61362
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	SPRING VALLEY-GREENWOODS ADD. L 5-6-7-8 BLK 83 D 19-1093
Legal Range	11
Legal Township	16
Legal Section	34
Legal Subdivision	GREENWOODS ADD
Legal Block	83
Legal Lot Number	5-6
Jurisdiction	BUREAU IL
Township / Civil Division	HALL
Census Block Group	3
Census Block	3093
Census Tract	965100

Owner

515 N Richards St, a commercial property, is owned by a company that bought it in August 2026.

Source: Bureau County records, as of September 17, 2026

Owner of Record	Company Name on File
Mailing Address	6 WOLFER INDUSTRIAL PARK, SPRING VALLEY, IL 61362-9702
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
Aug 28, 2026	Warranty Deed, Transfer · Line of Credit FIDELITY BANK
Apr 3, 2019	Warranty Deed, Transfer · Conventional Mortgage EUREKA SAVINGS BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 28, 2026 · Amount on File
Deed Sale	Aug 28, 2026 · Amount on File
Prior Sale	Apr 3, 2019 · Amount on File
Deed Document Number	20263107
Prior Transfer Date	Nov 23, 2005
Prior Transfer Doc	1231/178
Record Updated	Oct 29, 2026

August 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	BUREAU IL
Recording Date	Aug 28, 2026
Property Address	515 N RICHARDS ST, SPRING VALLEY, IL 61362
Document Number	0000003107
Instrument Date	Aug 27, 2026
Instrument	20263107
Transaction Type	Transfer
Record Updated	Sep 17, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Amount	Amount on Record
Tax	$39,390.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership
Address	6 WOLFER INDUSTRIAL PARK, SPRING VALLEY, IL 61362-9702

Mortgage

Document Number	0000003108,
Date	Aug 28, 2026
Instrument	20263108

Lender

Name	FIDELITY BANK

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	120 Months
Due	Jul 15, 2036

Interest

Rate Type	Adjustable Rate
Rate	4.27%
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

April 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	BUREAU IL
Recording Date	Apr 3, 2019
Property Address	515 N RICHARDS ST, SPRING VALLEY, IL 61362
Document Number	2019R01093
Instrument Date	Mar 25, 2019
Instrument	2019R01093
Transaction Type	Transfer
Record Updated	Jun 1, 2021

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$450.00
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	301 W HOPKINS AVE, GRANVILLE, IL 61326-9375

Mortgage

Document Number	2019R01094
Date	Apr 3, 2019
Instrument	2019R01094

Lender

Name	EUREKA SAVINGS BANK

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

The 2025 property tax bill for 515 N Richards St was $16,383, up 7.6% from the year before.

Source: Bureau County assessment roll, as of May 8, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Bureau County
County Subdivision	Hall Township
Municipality	Spring Valley City
Secondary School District	Hall High School District 502 (09 - 12)
Elementary School District	Spring Valley Community Consolidated School District 99 (PK - 08)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$16,383.00 (+7.61%)	$159,168 (+8.56%) Land $8,493 Building $150,675	$477,504 (+8.56%) Land $25,479 Building $452,025
2024	$15,225.00	$146,617 (+6.64%) Land $7,823 Building $138,794	$439,851 (+6.64%) Land $23,469 Building $416,382
2023		$137,488 Land $7,336 Building $130,152	$412,464 Land $22,008 Building $390,456
2022	$14,720.00

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

Flood

FEMA maps place 515 N Richards St in Zone X, an area of minimal flood risk, though there have been 4 flood claims nearby since 1982.

Source: FEMA National Flood Hazard Layer, effective August 2, 2011 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	4 (1982–2013)
Most Recent Claim	Apr 2013 · Severe Storms, Straight-line Winds, And Flooding

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

The area around 515 N Richards 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	SPRING VALLEY serves 5,582 people · EPA ID IL0111000
Water Source	Groundwater
Last State Inspection	Jan 2025
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	None 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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 303 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Conxxus Fiber	8,000 / 8,000
Xfinity Cable	1,200 / 35
Geneseo Communications Services Fiber	1,000 / 1,000
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: digiMax, Nextlink.

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