2002 W Springfield Ave, Champaign, IL 61821 Property Records

Champaign County property record for 2002 W Springfield Ave, Champaign, IL 61821

Property Summary

Property TypeCommercial
Lot Size4.51 acres (196,456 sqft)
OwnerCompany Name on File
Last Sale$4,139,000 (Jun 2026)
Tax Bill$22,219 (2025)
Deeds & MortgagesJun 2026 Sale & Construction Loan
Flood ZoneZone X (minimal risk)
APN41-20-10-476-009

Property Details

APN / Parcel Number

Primary APN41-20-10-476-009

Exterior

Lot Area196,456 sqft (4.51 acres)

Location & Zoning

Street Address2002 W SPRINGFIELD AVE
CityCHAMPAIGN
StateIL
Zip61821-3006
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT: 1 BLOCK:
Legal Range08E
Legal Township19N
Legal Section10
Legal Lot Number1
JurisdictionCHAMPAIGN IL
Township / Civil DivisionCHAMPAIGN CITY
Census Block Group1
Census Block1009
Census Tract1000

Owner

2002 W Springfield Ave, a commercial property, is owned by a company that bought it in June 2026.

Source: Champaign County records, as of August 5, 2026

Owner of RecordCompany Name on File
Mailing Address510 S NEIL ST, CHAMPAIGN, IL 61820-5220
Owner TypeCompany
VestingLimited Liability Partnership

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

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 23, 2026 · Amount on File
Deed SaleJun 23, 2026 · Amount on File
Deed Document Number20269574
Prior Transfer DateJun 18, 2026
Prior Transfer Doc0000009574
Record UpdatedSep 20, 2026

June 2026: Special Warranty Deed, Construction Loan

Document TypeSpecial Warranty Deed
JurisdictionCHAMPAIGN IL
Recording DateJun 23, 2026
Property Address2002 W SPRINGFIELD AVE, CHAMPAIGN, IL 61821-3006
Document Number0000009574
Instrument DateJun 18, 2026
Instrument20269574
Transaction TypeConstruction Loan
Record UpdatedSep 9, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$627,058.50
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership
Address510 S NEIL ST, CHAMPAIGN, IL 61820-5220

Mortgage

Document Number0000009575,
DateJun 23, 2026
Instrument20269575
Lender
NamePROSPECT BANK
Agreement
TypeConstruction Mortgage
AmountAmount on Record
Term18 Months
DueDec 18, 2027
Interest
Rate TypeAdjustable Rate
Rate3.59%
Initial TypeAdjustable Rate
AdjustableAdjustable Rate Rider
Max Rate-1%

Tax Assessment & Valuation

The 2025 property tax bill for 2002 W Springfield Ave was $22,219, up 8.1% from the year before.

Source: Champaign County assessment roll, as of April 29, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyChampaign County
County SubdivisionChampaign City Township
MunicipalityChampaign City
Unified School DistrictChampaign Community Unit School District 4 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$22,219.00 (+8.12%)$264,410 Land $148,080 Building $116,330$793,230 Land $444,240 Building $348,990
2024$20,550.00
2022$18,207.00$198,000 Land $110,890 Building $87,110$594,000 Land $332,670 Building $261,330

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 2002 W Springfield Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective July 14, 2021

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 2002 W Springfield 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 SystemIL AMERICAN-CHAMPAIGN
private · serves 150,000 people · EPA ID IL0195300
Water SourceGroundwater
Last State InspectionSep 2025
Lead1 ppb (2026)
action level 15 ppb

Violations Reported to EPA

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

ProviderMax Down / Up (Mbps)
i3 Broadband
Fiber
8,000 / 8,000
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
AT&T
Fixed Wireless · Fiber, DSL in parts of the area
100 / 20

May also be available: Fidium Fiber, Mediacom Xtream, Nextlink, Pavlov Media, T-Mobile, Volo.net Internet+Tech.

Nearby Properties on W Springfield Ave

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