520 S Grand Ave E, Springfield, IL 62703 Property Records

Sangamon County property record for 520 S Grand Ave E, Springfield, IL 62703

Property Summary

Property Type	Commercial
Lot Size	0.196 acres (8,536 sqft)
Owner	Company Name on Record
Last Sale	$800,000 (May 2025)
Tax Bill	$17,220 (2025)
Deeds & Mortgages	Apr 2009 Mortgage Nov 2013 Mortgage + 5 more
Flood Zone	Zone X (minimal risk)
APN	`22-03.0-101-009`

Property Details

APN / Parcel Number

Primary APN	`22-03.0-101-009`
Alternative APN	`22030101009 (CHECK DIGIT = 5)`

Exterior

Lot Area	8,536 sqft (0.196 acres)

Location & Zoning

Account Number	22030101009
Street Address	520 S GRAND AVE E
City	SPRINGFIELD
State	IL
Zip	62703
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	W 54' L 1 B 1 E. ILES SUB LANDS #1
Legal Subdivision	E. ILES SUB
Jurisdiction	SANGAMON IL
Township / Civil Division	CAPITAL
Census Block Group	2
Census Block	2004
Census Tract	1800

Owner

Source: Sangamon County records, 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 Record	Company Name on Record
Mailing Address	414 DODSON DR S, URBANA, IL 61802-4508
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Apr 6, 2009	Deed of Trust, Mortgage · Commercial Mortgage BANK OF SPRINGFIELD
Nov 15, 2013	Deed of Trust, Mortgage · Commercial Mortgage US BANK NA
Jul 14, 2008	Deed of Trust, Mortgage · Commercial Mortgage BANK OF SPRINGFIELD
Jun 12, 2006	Deed of Trust, Mortgage · Commercial Mortgage BANK OF SPRINGFIELD
Dec 14, 2023	Deed of Trust, Mortgage · Commercial Mortgage UNITED COMMUNITY BANK
Apr 2, 2015	Deed of Trust, Mortgage · Commercial Mortgage PREMIER BANK
May 1, 2025	Warranty Deed, Transfer · Commercial Mortgage LUMINATE BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 1, 2025 · Amount on Record
Deed Sale	May 1, 2025 · Amount on Record
Prior Sale	May 14, 2012
Deed Document Number	20256894
Record Updated	Sep 20, 2026

April 2009: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANGAMON IL
Property Address	520 S GRAND AVE E, SPRINGFIELD, IL 62703
Transaction Type	Mortgage
Record Updated	Jun 2, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2009R18495
Date	Apr 6, 2009
Instrument	2009R18495

Lender

Name	BANK OF SPRINGFIELD
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Fixed Rate

November 2013: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANGAMON IL
Property Address	520 S GRAND AVE E, SPRINGFIELD, IL 62703
Transaction Type	Mortgage
Record Updated	Jun 2, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2013R36590
Date	Nov 15, 2013
Instrument	2013R36590

Lender

Name	US BANK NA
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate
Rate	3.25%

July 2008: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANGAMON IL
Property Address	520 S GRAND AVE E, SPRINGFIELD, IL 62703
Transaction Type	Mortgage
Record Updated	Jun 2, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2008R27072
Date	Jul 14, 2008
Instrument	2008R27072

Lender

Name	BANK OF SPRINGFIELD
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Fixed Rate

June 2006: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANGAMON IL
Property Address	520 S GRAND AVE E, SPRINGFIELD, IL 62703
Transaction Type	Mortgage
Record Updated	Jun 2, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2006R21342
Date	Jun 12, 2006
Instrument	2006R21342

Lender

Name	BANK OF SPRINGFIELD
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

December 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANGAMON IL
Property Address	520 S GRAND AVE E, SPRINGFIELD, IL 62703
Transaction Type	Mortgage
Record Updated	Jun 2, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2023R22725
Date	Dec 14, 2023
Instrument	2023R22725

Lender

Name	UNITED COMMUNITY BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Dec 13, 2028

Interest

Rate Type	Fixed Rate
Rate	8%

April 2015: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANGAMON IL
Property Address	520 S GRAND AVE E, SPRINGFIELD, IL 62703
Transaction Type	Mortgage
Record Updated	Jun 2, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2015R08154
Date	Apr 2, 2015
Instrument	2015R08154

Lender

Name	PREMIER BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Fixed Rate

May 2025: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SANGAMON IL
Recording Date	May 1, 2025
Property Address	520 S GRAND AVE E, SPRINGFIELD, IL 62703
Document Number	2025R06894
Instrument Date	Apr 30, 2025
Instrument	2025R06894
Transaction Type	Transfer
Record Updated	Jun 2, 2026
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,200.00
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	414 DODSON DR S, URBANA, IL 61802-4508

Mortgage

Document Number	2025R06895
Date	May 1, 2025
Instrument	2025R06895

Lender

Name	LUMINATE BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Apr 30, 2030

Interest

Rate Type	Fixed Rate
Rate	7.5%

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Sangamon County
County Subdivision	Capital Township
Municipality	Springfield City
Unified School District	Springfield School District 186 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$17,220.00 (+66.52%)	$212,695 (+84.3%) Land $18,017 Building $194,678	$638,085 (+84.3%) Land $54,051 Building $584,034
2022	$10,341.00	$115,406 Land $14,560 Building $100,846	$346,218 Land $43,680 Building $302,538

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 Zone	Zone X minimal risk
Flood Insurance Requirement	Not 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 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	SPRINGFIELD serves 117,444 people · EPA ID IL1671200
Water Source	Surface water
Last State Inspection	Sep 2024
Lead	Under 1 ppb (2026–2028) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	3 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 321 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Rise Broadband Fixed Wireless	500 / 100
AT&T Fixed Wireless · DSL · Fiber in parts of the area	100 / 20

May also be available: Verizon.

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