1500 Wabash Ave, Springfield, IL 62704 Property Records

Sangamon County property record for 1500 Wabash Ave, Springfield, IL 62704

Property Summary

Property TypeCommercial
Lot Size0.61 acres (26,572 sqft)
OwnerTrust Name on File
Last Sale$400,000 (Jul 2020)
Tax Bill$13,493 (2025)
Deeds & MortgagesJan 2022 Mortgage
Jul 2020 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN22-08.0-326-035

Property Details

APN / Parcel Number

Primary APN22-08.0-326-035
Alternative APN
  • 22080326035 (CHECK DIGIT = 4)

Exterior

Lot Area26,572 sqft (0.61 acres)

Location & Zoning

Account Number22080326035
Street Address1500 WABASH AVE
CitySPRINGFIELD
StateIL
Zip62704-5309
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionN .61AC OF PT OF N1/2 NE1/4 SW1/4 8-15-5 (147.63' X 179.71')
Legal Range05
Legal Township15
Legal Section08
JurisdictionSANGAMON IL
Township / Civil DivisionWOODSIDE
Census Block Group1
Census Block1000
Census Tract2802

Owner

1500 Wabash Ave, a commercial property, is held in a trust since July 2020.

Source: Sangamon County records, as of June 4, 2026

Owner of RecordTrust Name on File
Mailing Address404 CLIPPER RD, SPRINGFIELD, IL 62711-8010
Owner TypeCompany
VestingTrust

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

DateDocument
Jan 18, 2022Deed of Trust, Mortgage · Conventional Mortgage
CEFCU
Jul 31, 2020Special Warranty Deed, Transfer · Conventional Mortgage
WABASH ASSOCIATES LLC

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 31, 2020 · Amount on File
Deed SaleJul 31, 2020 · Amount on File
Deed Document Number202019585
Record UpdatedSep 20, 2026

January 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSANGAMON IL
Property Address1500 WABASH AVE, JEROME, IL 62704-5309
Transaction TypeMortgage
Record UpdatedFeb 9, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2022R01228
DateJan 18, 2022
Instrument2022R01228
Lender
NameCEFCU
TypeCredit Union
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term120 Months
DueFeb 1, 2032
Interest
Rate TypeAdjustable Rate

July 2020: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionSANGAMON IL
Recording DateJul 31, 2020
Property Address1500 WABASH AVE, JEROME, IL 62704-5309
Document Number2020R19585
Instrument DateJul 21, 2020
Instrument2020R19585
Transaction TypeTransfer
Record UpdatedMay 11, 2021

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$600.00
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address404 CLIPPER RD, SPRINGFIELD, IL 62711-8010

Mortgage

Document Number2020R19586
DateJul 31, 2020
Instrument2020R19586
Lender
NameWABASH ASSOCIATES LLC
TypeFunding / Finance Company
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term180 Months
DueAug 1, 2035
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

The 2025 property tax bill for 1500 Wabash Ave was $13,493, up 3% from the year before.

Source: Sangamon County assessment roll, as of June 2, 2026

Property Jurisdictions

TypeName
StateIllinois
CountySangamon County
County SubdivisionWoodside Township
MunicipalityJerome Village
Unified School DistrictSpringfield School District 186 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$13,493.00 (+3.03%)$172,120 (+7.5%) Land $134,299 Building $37,821$516,360 (+7.5%) Land $402,897 Building $113,463
2024$13,096.00$160,111 Land $124,929 Building $35,182$480,333 Land $374,787 Building $105,546
2022$12,321.00$140,296 Land $109,468 Building $30,828$420,888 Land $328,404 Building $92,484

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

FEMA maps place 1500 Wabash Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective May 4, 2016

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 1500 Wabash Ave 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 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 SystemJEROME
serves 1,600 people · EPA ID IL1670600
Water SourcePurchased surface water from SPRINGFIELD
Last State InspectionMar 2025
LeadUnder 1 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting6
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 236 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Rise Broadband
Fixed Wireless
500 / 100
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: AT&T.

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