3440 E Clear Lake Ave, Springfield, IL 62702 Property Records

Sangamon County property record for 3440 E Clear Lake Ave, Springfield, IL 62702 · Last verified June 2026

Property Highlights

Property TypeCommercial > Retail
Lot Size43,996 sqft (1.01 acres)
Last Sale$2,850,000 (2025)
Tax Bill$62,372.00 (2025)

Owner

Source: Sangamon County records · APN 14-36.0-226-010

Assessment roll updated June 2, 2026 · Last verified June 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address3440 E CLEAR LAKE AVE, SPRINGFIELD, IL 62702-6210
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Aug 13, 2018Deed of Trust, Mortgage · Conventional Mortgage
BANK & TRUST CO
Jul 13, 2020Deed of Trust, Mortgage · Conventional Mortgage
BANK & TRUST CO
Dec 31, 2025Warranty Deed, Transfer · Commercial Mortgage
FIRST MID ILLINOIS BK & TR NA
Nov 21, 2022Warranty Deed, Transfer · Commercial Mortgage
BANK & TRUST CO

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleDec 31, 2025 · Amount on Record
Deed SaleDec 31, 2025 · Amount on Record
Prior SaleNov 22, 2022 · Amount on Record
Deed Doc Number202523688
Record RefreshedSep 20, 2026

August 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSANGAMON IL
Property Address3440 E CLEAR LAKE AVE, SPRINGFIELD, IL 62702-6210
Transaction TypeMortgage
Record UpdatedJan 22, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2018R16719
DateAug 13, 2018
Instrument2018R16719
Lender
NameBANK & TRUST CO
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term120 Months
DueAug 06, 2028
Interest
Rate TypeAdjustable Rate

July 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSANGAMON IL
Property Address3440 E CLEAR LAKE AVE, SPRINGFIELD, IL 62702-6210
Transaction TypeMortgage
Record UpdatedJan 22, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2020R17284
DateJul 13, 2020
Instrument2020R17284
Lender
NameBANK & TRUST CO
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term12 Months
DueJul 01, 2021
Interest
Rate TypeFixed Rate

December 2025: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSANGAMON IL
Recording DateDec 31, 2025
Property Address3440 E CLEAR LAKE AVE, SPRINGFIELD, IL 62702-6210
Document Number2025R23688
Instrument DateDec 30, 2025
Instrument2025R23688
Transaction TypeTransfer
Record UpdatedJan 22, 2026

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$4,275.00
Amount AccuracyCalculated from Tax
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3440 E CLEAR LAKE AVE, SPRINGFIELD, IL 62702-6210

Mortgage

Document Number2025R23689
DateDec 31, 2025
Instrument2025R23689
Lender
NameFIRST MID ILLINOIS BK & TR NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term60 Months
DueDec 30, 2030

November 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSANGAMON IL
Recording DateNov 21, 2022
Property Address3440 E CLEAR LAKE AVE, SPRINGFIELD, IL 62702-6210
Document Number2022R24833
Instrument DateNov 16, 2022
Instrument2022R24833
Transaction TypeTransfer
Record UpdatedDec 14, 2022

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$4,050.00
Amount AccuracyCalculated from Tax
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3440 E CLEAR LAKE AVE, SPRINGFIELD, IL 62702-6210

Mortgage

Document Number2022R24834
DateNov 22, 2022
Instrument2022R24834
Lender
NameBANK & TRUST CO
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term300 Months
DueNov 16, 2047
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

Source: Sangamon County records · Assessment roll updated June 2, 2026 · Last verified June 2026

Property Jurisdictions

TypeName
StateIllinois
CountySangamon County
County SubdivisionCapital Township
MunicipalitySpringfield City
Unified School DistrictSpringfield School District 186 (PK - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2025$62,372.00 (+3.35%)$770,369 (+7.22%) Land $124,155 Building $646,214$2,311,107 (+7.22%) Land $372,465 Building $1,938,642
2024$60,349.00 (+70.66%)$718,494 (+82.07%) Land $115,795 Building $602,699$2,155,482 (+82.07%) Land $347,385 Building $1,808,097
2022$35,362.00$394,626 Land $100,330 Building $294,296$1,183,878 Land $300,990 Building $882,888

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Sangamon County (17167C), updated May 4, 2016 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified: October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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

Property Details

APN / Parcel Number

Primary APN14-36.0-226-010
Alternative APN
  • 14360226010 (CHECK DIGIT = 6)

Exterior

Lot Area43,996 sqft (1.01 acres)

Location & Zoning

Account Number14360226010
Street Address3440 E CLEAR LAKE AVE
CitySPRINGFIELD
StateIL
Zip62702-6210
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal DescriptionPT W PT NE 36-16-5
Legal Range05
Legal Township16
Legal Section36
JurisdictionSANGAMON IL
Minor Civil DivisionCAPITAL
Census Blockgroup4
Census Block4033
Census Tract600

Nearby Properties on E Clear Lake Ave

Nearby Streets

Search Property Records by Address or Parcel Number