524 S 2nd St, Springfield, IL 62701 Property Records

Sangamon County property record for 524 S 2nd St, Springfield, IL 62701

Property Summary

Property Type	Commercial
Owner	Company Name on Record
Last Sale	$1,100,000 (Oct 2015)
Tax Bill	$19,757 (2025)
Deeds & Mortgages	Jul 2023 Line of Credit Dec 2020 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`14-34.0-154-027`

Property Details

APN / Parcel Number

Primary APN	`14-34.0-154-027`
Alternative APN	`14340154027 (CHECK DIGIT = 5)`

Location & Zoning

Account Number	14340154027
Street Address	524 S 2ND ST
City	SPRINGFIELD
State	IL
Zip	62701-1749
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	UNIT 1 LINCOLN TOWER MIXED USE CONDO 34-16-5
Legal Range	05
Legal Township	16
Legal Section	34
Legal Subdivision	LINCOLN TOWER MIXED USE CONDO
Legal Unit	1
Jurisdiction	SANGAMON IL
Township / Civil Division	CAPITAL
Census Block Group	2
Census Block	2034
Census Tract	1300

Owner

Source: Sangamon County records, as of July 20, 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 Record
Mailing Address	524 S 2ND ST, 200, SPRINGFIELD, IL 62701-1730
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Jul 7, 2023	Deed of Trust, Mortgage · Line of Credit CARROLLTON BANK
Dec 11, 2020	Deed of Trust, Mortgage · Commercial Mortgage CARROLLTON BANK
Oct 23, 2017	Deed of Trust, Mortgage · Conventional Mortgage HG DEVELOPMENT LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 22, 2015 · Amount on Record
Deed Sale	Oct 22, 2015 · Amount on Record
Prior Sale	Jan 13, 2015 · Amount on Record
Record Updated	Sep 20, 2026

July 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANGAMON IL
Property Address	524 S 2ND ST, SPRINGFIELD, IL 62701-1749
Transaction Type	Mortgage
Record Updated	Aug 2, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2023R12308
Date	Jul 7, 2023
Instrument	2023R12308

Lender

Name	CARROLLTON BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded

December 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANGAMON IL
Property Address	524 S 2ND ST, SPRINGFIELD, IL 62701-1749
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2020R35835
Date	Dec 11, 2020
Instrument	2020R35835

Lender

Name	CARROLLTON BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Fixed Rate

October 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANGAMON IL
Property Address	524 S 2ND ST, SPRINGFIELD, IL 62701-1749
Transaction Type	Mortgage
Record Updated	Jan 25, 2019

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	, 2017R27151
Date	Oct 23, 2017
Instrument	2017R27151

Lender

Name	HG DEVELOPMENT LLC
Type	Funding / Finance Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	84 Months
Due	Jul 18, 2024

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

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	$19,757.00 (-32.32%)	$244,033 (-25.1%) Land $170,765 Building $73,268	$732,099 (-25.1%) Land $512,295 Building $219,804
2022	$29,193.00	$325,792 Land $266,584 Building $59,208	$977,376 Land $799,752 Building $177,624

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 Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	2 (2014–2016)
Claims Outside the SFHA	2 of 2
Most Recent Claim	Aug 2016 · 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 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 234 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
Verizon Fixed Wireless	300 / 20
AT&T Fixed Wireless · DSL · Fiber in parts of the area	100 / 20

May also be available: Fidium Fiber, T-Mobile, Veloxinet.

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