550 W Miller St, Springfield, IL 62702 Property Records

Sangamon County property record for 550 W Miller St, Springfield, IL 62702

Property Summary

Property TypeCommercial
Lot Size0.257 acres (11,225 sqft)
OwnerCompany Name on Record
Last Sale$850,500 (Jul 2023)
Tax Bill$10,019 (2025)
Deeds & MortgagesJul 2023 Construction Loan
Jul 2023 Foreclosure
Flood ZoneZone X (minimal risk)
APN14-28.0-401-016

Property Details

APN / Parcel Number

Primary APN14-28.0-401-016
Alternative APN
  • 14280401016 (CHECK DIGIT = 4)

Interior

Units8 Units

Exterior

Lot Area11,225 sqft (0.257 acres)

Location & Zoning

Account Number14280401016
Street Address550 W MILLER ST
CitySPRINGFIELD
StateIL
Zip62702-4969
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionW 63.66' E 362.16' N 176' OF BLK 2 J BUNNS ADDN
Legal SubdivisionJ BUNNS ADD
Legal Block2
JurisdictionSANGAMON IL
Township / Civil DivisionCAPITAL
Census Block Group2
Census Block2016
Census Tract300

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 Address3151 PLEASANT RUN, SPRINGFIELD, IL 62711-6229
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Jul 25, 2023Deed of Trust, Mortgage · Construction Mortgage
BANK OF SPRINGFIELD
Jul 3, 2023Sheriff's Deed, Foreclosure

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 3, 2023 · Amount on Record
Deed SaleJul 3, 2023 · Amount on Record
Prior SaleSep 27, 2018 · Amount on Record
Deed Document Number202311938
Prior Transfer DateSep 25, 2018
Prior Transfer Doc0000020266
Record UpdatedSep 20, 2026

July 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSANGAMON IL
Property Address550 W MILLER ST, SPRINGFIELD, IL 62702-4969
Transaction TypeMortgage
Record UpdatedAug 16, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2023R13380
DateJul 25, 2023
Instrument2023R13380
Lender
NameBANK OF SPRINGFIELD
TypeBank
Agreement
TypeConstruction Mortgage
AmountAmount Recorded
Term60 Months
DueAug 1, 2028
Interest
Rate TypeFixed Rate
Rate6.4%

July 2023: Sheriff's Deed, Foreclosure

Document TypeSheriff's Deed
JurisdictionSANGAMON IL
Recording DateJul 3, 2023
Property Address550 W MILLER ST, SPRINGFIELD, IL 62702-4969
Document Number2023R11938
Instrument DateJul 3, 2023
Instrument2023R11938
Transaction TypeForeclosure
Record UpdatedAug 2, 2023

Transaction

AmountAmount Recorded
Tax$1,275.75
Amount AccuracyCalculated from Transfer Tax
Additional
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3151 PLEASANT RUN, SPRINGFIELD, IL 62711-6229

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$10,019.00 (+58.05%)$123,751 (+63.97%) Land $16,760 Building $106,991$371,253 (+63.97%) Land $50,280 Building $320,973
2024$6,339.00 (-26.94%)$75,471 (-22.06%) Land $15,630 Building $59,841$226,413 (-22.06%) Land $46,890 Building $179,523
2022$8,676.00$96,830 Land $13,543 Building $83,287$290,490 Land $40,629 Building $249,861

Assessed value is set for property tax purposes, not a market price estimate; it is 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 (1979)
Most Recent ClaimMar 1979 · tidal / storm surge

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 391 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

Nearby Properties on W Miller St

Nearby Streets

Search Property Records by Address or Parcel Number