531 E Laurel St, Springfield, IL 62703 Property Records

Sangamon County property record for 531 E Laurel St, Springfield, IL 62703 · Last verified July 2026

Property Highlights

Property Type	Commercial > Retail
Lot Size	12,390 sqft (0.284 acres)
Last Sale	$690,000 (2005)
Tax Bill	$8,262.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`22-03.0-110-013`
Alternative APN	`22030110013 (CHECK DIGIT = 2)`

Exterior

Lot Area	12,390 sqft (0.284 acres)

Location & Zoning

Account Number	22030110013
Street Address	531 E LAUREL ST
City	SPRINGFIELD
State	IL
Zip	62703-3110
Property Usage	Commercial Property Usage
Type	Commercial > Retail
Legal Description	S1/2 L 4 B 4 E ILES SUB LANDS #1
Legal Subdivision	E ILES SUB
Jurisdiction	SANGAMON IL
Minor Civil Division	CAPITAL
Census Blockgroup	2
Census Block	2021
Census Tract	1800

Owner

Source: Sangamon County records · APN 22-03.0-110-013

Assessment roll updated June 2, 2026 · Last verified July 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	531 E LAUREL ST, SPRINGFIELD, IL 62703-3110
Owner Type	Owner is a Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Sep 14, 2005 · Amount on Record
Deed Sale	Sep 14, 2005 · Amount on Record
Prior Sale	Mar 21, 1997
Record Refreshed	Sep 20, 2026

February 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANGAMON IL
Property Address	531 E LAUREL ST, SPRINGFIELD, IL 62703-3110
Transaction Type	Mortgage
Record Updated	Jun 02, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2023R02265
Date	Feb 14, 2023
Instrument	2023R02265

Lender

Name	BANK OF SPRINGFIELD
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	12 Months
Due	Feb 02, 2024

Interest

Rate Type	Adjustable Rate
Rate	7.75%

Tax Assessment & Valuation

Source: Sangamon County records · Assessment roll updated June 2, 2026 · Last verified July 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 is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$8,262.00 (+11.81%)	$102,048 (+23.75%) Land $41,943 Building $60,105	$306,144 (+23.75%) Land $125,829 Building $180,315
2022	$7,389.00	$82,466 Land $33,895 Building $48,571	$247,398 Land $101,685 Building $145,713