1540 N 3rd St, Springfield, IL 62702 Property Records

Sangamon County property record for 1540 N 3rd St, Springfield, IL 62702

Property Summary

Property TypeCommercial
Lot Size0.254 acres (11,076 sqft)
OwnerIndividual Name on File
Last Sale$206,000 (Mar 2026)
Tax Bill$2,636 (2025)
Deeds & MortgagesMar 2026 Sale & Mortgage
Feb 2026 Sale
Flood ZoneZone X (minimal risk)
APN14-22.0-305-001

Property Details

APN / Parcel Number

Primary APN14-22.0-305-001
Alternative APN
  • 14220305001 (CHECK DIGIT = 0)

Exterior

Lot Area11,076 sqft (0.254 acres)

Location & Zoning

Account Number14220305001
Street Address1540 N 3RD ST
CitySPRINGFIELD
StateIL
Zip62702-3860
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionN 88' W1/2 L 21 EX ALLEY BEVERLY ALLENS SUB PT NW SW 22-16-5
Legal SubdivisionEX ALLEY BEVERLY ALLENS SUB
JurisdictionSANGAMON IL
Township / Civil DivisionCAPITAL
Census Block Group3
Census Block3023
Census Tract400

Owner

Source: Sangamon County assessment roll, 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 RecordIndividual Name on File
Mailing Address1540 N 3RD ST, SPRINGFIELD, IL 62702-3860
Owner TypeIndividual
VestingUnmarried

Deeds, Mortgages & Sale History

DateDocument
Mar 19, 2026Deed, Transfer · Conventional Mortgage
CARROLLTON BANK
Feb 6, 2026Warranty Deed, Transfer
ATTORNEY ONLY, ATTORNEY

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleMar 19, 2026 · Amount on Record
Deed SaleMar 19, 2026 · Amount on Record
Prior SaleMay 10, 2001
Deed Document Number20264389
Prior Transfer DateJan 22, 2026
Prior Transfer Doc2026R02110
Record UpdatedSep 20, 2026

March 2026: Deed, Transfer

Document TypeDeed
JurisdictionSANGAMON IL
Recording DateMar 19, 2026
Property Address1540 N 3RD ST, SPRINGFIELD, IL 62702-3860
Document Number2026R04389
Instrument DateMar 16, 2026
Instrument2026R04389
Transaction TypeTransfer
Record UpdatedJun 2, 2026
Title CompanyFIDELITY NATIONAL TITLE, FIDELITY NATIONAL TITLE INSU

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$309.00
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1540 N 3RD ST, SPRINGFIELD, IL 62702-3860

Mortgage

Document Number2026R04390
DateMar 19, 2026
Instrument2026R04390
Lender
NameCARROLLTON BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueApr 1, 2056
Interest
Rate TypeFixed Rate
Rate5.75%

February 2026: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSANGAMON IL
Recording DateFeb 6, 2026
Property Address1540 N 3RD ST, SPRINGFIELD, IL 62702-3860
Document Number2026R02110
Instrument DateJan 22, 2026
Instrument2026R02110
Transaction TypeTransfer
Record UpdatedJun 2, 2026
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address5668 MAYBERRY CT, OREANA, IL 62554-8022

Transferred To (Grantee/Buyer)

NameVerified Name
Address5668 MAYBERRY CT, OREANA, IL 62554-8022

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$2,636.00 (+3.37%)$32,561 (+7.22%) Land $5,766 Building $26,795$97,683 (+7.22%) Land $17,298 Building $80,385
2024$2,550.00 (+8.19%)$30,369 (+15.42%) Land $5,378 Building $24,991$91,107 (+15.42%) Land $16,134 Building $74,973
2022$2,357.00$26,312 Land $4,659 Building $21,653$78,936 Land $13,977 Building $64,959

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

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

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

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 123 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber
5,000 / 5,000
Xfinity
Cable
1,200 / 35
JAB Wireless
Fixed Wireless
500 / 100
Verizon
Fixed Wireless
300 / 20

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