240 E State St, Lovington, IL 61937 Property Records

Moultrie County property record for 240 E State St, Lovington, IL 61937

Property Summary

Property Type	Apartments (5+ Units)
Details	5,774 sqft · built 1900
Lot Size	0.71 acres (30,928 sqft)
Owner	Company Name on Record
Last Sale	$20,000 (Apr 2019)
Tax Bill	$3,813 (2025)
Deeds & Mortgages	Feb 2024 Mortgage Jul 2023 Mortgage + 4 more
Flood Zone	Zone X (minimal risk)
APN	`02-02-27-406-006`

Property Details

APN / Parcel Number

Primary APN	`02-02-27-406-006`

Interior

Units	3 Units
Building Area	5,774 sqft Total Area
1st Floor Area	465 sqft

Exterior

Year Built	Built 1900
Effective Year Built	Effective 1900
Lot Area	30,928 sqft (0.71 acres)
Lot Dimensions	138 ft deep x 240 ft wide
Total Buildings	6 Buildings

Location & Zoning

Street Address	240 E STATE ST
City	LOVINGTON
State	IL
Zip	61937-1034
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	ALL B2 EX N75', NATHAN CHEEVERS 1ST ADDN &, VAC RAILROAD ST IMMEDIATLEY, E THEREOF, 6-15-23 318542
Legal Range	05
Legal Township	15
Legal Section	27
Legal Subdivision	N CHEEVERS ADD
Legal Block	2
Legal Lot Number	240
Jurisdiction	MOULTRIE IL
Township / Civil Division	LOVINGTON
Census Block Group	3
Census Block	3034
Census Tract	977000

Owner

Source: Moultrie County records, as of June 16, 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 Record
Mailing Address	12662 S TALBOT CIR, PLAINFIELD, IL 60585-9619
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Feb 6, 2024	Deed of Trust, Mortgage · Commercial Mortgage FIRST COMMUNITY BANK
Jul 7, 2023	Deed of Trust, Mortgage · Commercial Mortgage FIRST COMMUNITY BANK
Jun 20, 2023	Warranty Deed, Transfer · Commercial Mortgage FIRST COMMUNITY BANK
Mar 12, 2020	Deed of Trust, Mortgage · Commercial Mortgage STATE BANK OF BEMENT
Apr 2, 2019	Warranty Deed, Transfer
Dec 10, 2018	Deed, Transfer MACON COUNTY TITLE LLC, MACON COUNTY TITLE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 2, 2019 · Amount on Record
Deed Sale	Apr 2, 2019 · Amount on Record
Deed Document Number	2019309634
Prior Transfer Date	Nov 24, 2009
Prior Transfer Doc	289627
Record Updated	Sep 20, 2026

February 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MOULTRIE IL
Property Address	240 E STATE ST, LOVINGTON, IL 61937-1034
Transaction Type	Mortgage
Record Updated	Feb 14, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000319660
Date	Feb 6, 2024
Instrument	319660

Lender

Name	FIRST COMMUNITY BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Feb 15, 2029

Interest

Rate Type	Fixed Rate
Rate	6.95%

July 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MOULTRIE IL
Property Address	240 E STATE ST, LOVINGTON, IL 61937-1034
Transaction Type	Mortgage
Record Updated	Jul 19, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000318631
Date	Jul 7, 2023
Instrument	318631

Lender

Name	FIRST COMMUNITY BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Jun 29, 2028

Interest

Rate Type	Fixed Rate
Rate	9.08%

June 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MOULTRIE IL
Recording Date	Jun 20, 2023
Property Address	240 E STATE ST, LOVINGTON, IL 61937-1034
Document Number	0000318542
Instrument Date	Jun 15, 2023
Instrument	318542
Transaction Type	Transfer
Record Updated	Jul 5, 2023
Title Company	ATTORNEY

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$187.50
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	935 KIRK DR, MOUNT ZION, IL 62549-1449

Mortgage

Document Number	0000318543
Date	Jun 20, 2023
Instrument	318543

Lender

Name	FIRST COMMUNITY BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Jun 15, 2028

Interest

Rate Type	Fixed Rate
Rate	8.46%

Mortgage

Document Number	0000318545
Date	Jun 20, 2023
Instrument	318545

Lender

Name	CONSTRUCTION & PROP INVESTORS
Type	Funding / Finance Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

March 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MOULTRIE IL
Property Address	240 E STATE ST, LOVINGTON, IL 61937-1034
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	311469
Date	Mar 12, 2020
Instrument	311469

Lender

Name	STATE BANK OF BEMENT
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Feb 28, 2025

Interest

Rate Type	Fixed Rate

April 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MOULTRIE IL
Recording Date	Apr 2, 2019
Property Address	240 E STATE ST, LOVINGTON, IL 61937-1034
Document Number	309634
Instrument Date	Mar 28, 2019
Instrument	309634
Transaction Type	Transfer
Record Updated	Jul 1, 2021

Transaction

Amount	Amount Recorded
Tax	$30.00
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1788 BUCKS POND RD, MONTICELLO, IL 61856-8065

December 2018: Deed, Transfer

Document Type	Deed
Jurisdiction	MOULTRIE IL
Recording Date	Dec 10, 2018
Property Address	240 E STATE ST, LOVINGTON, IL 61937-1034
Document Number	309118
Instrument Date	Nov 30, 2018
Instrument	309118
Transaction Type	Transfer
Record Updated	Jul 1, 2021
Title Company	MACON COUNTY TITLE LLC, MACON COUNTY TITLE

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 745, SALEM, IL 62881-0745

Tax Assessment & Valuation

Source: Moultrie County assessment roll, as of June 16, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Moultrie County
County Subdivision	Lovington Township
Municipality	Lovington Village
Unified School District	Arthur Community Unit School District 305 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$3,813.00 (+11.3%)	$50,278 (+6.83%) Land $9,746 Building $40,532	$150,834 (+6.83%) Land $29,238 Building $121,596
2024	$3,426.00 (-26.59%)	$47,064 (-26.32%) Land $9,123 Building $37,941	$141,192 (-26.32%) Land $27,369 Building $113,823
2022	$4,667.00	$63,874 Land $8,240 Building $55,634	$191,622 Land $24,720 Building $166,902

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective June 1, 2016 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 in force

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 Risk	Not 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 System	LOVINGTON serves 1,024 people · EPA ID IL1390250
Water Source	Groundwater
Last State Inspection	Feb 2025
Lead	Under 1 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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 127 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Shawnee Communications Fiber · Fixed Wireless	1,000 / 500

May also be available: Nextlink, Sparklight.

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