940 Community Dr, Springfield, IL 62703 Property Records

Sangamon County property record for 940 Community Dr, Springfield, IL 62703

Property Summary

Property TypeCommercial Vacant Land
Lot Size0.928 acres (40,466 sqft)
OwnerCompany Name on Record
Last Sale$2,510,000 (Aug 2022)
Tax Bill$2,490 (2022)
Deeds & MortgagesJul 2023 Line of Credit
Aug 2022 Sale & Construction Loan
Flood ZoneZone X (minimal risk)
APN22-27.0-177-005

Property Details

APN / Parcel Number

Primary APN22-27.0-177-005
Alternative APN
  • 22270177005 (CHECK DIGIT = 9)

Exterior

Lot Area40,466 sqft

Location & Zoning

Account Number22270177005 (CHECK DIGIT = 9)
Street Address940 COMMUNITY DR
CitySPRINGFIELD
StateIL
Zip62703-5180
Property CategoryCommercial
Property TypeVacant Land > Commercial
Legal DescriptionLOT 9 EX PT DEDICATED AS RD ROW ALSO PT OF VAC PORTION OF COMM DR ROOSEVELT COMM AREA A OFFICE PARK 27-15-05 (VACATED)
Legal Range05
Legal Township15
Legal Section27
Legal Lot Number9
JurisdictionSANGAMON IL
Township / Civil DivisionCAPITAL
Census Block Group3
Census Block3010
Census Tract3000

Owner

Source: Sangamon County records, as of September 14, 2023

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

Owner of RecordCompany Name on Record
Mailing Address5300 6TH STREET FRONTAGE RD E, SPRINGFIELD, IL 62703-5184
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
Jul 7, 2023Deed of Trust, Mortgage · Line of Credit
CARROLLTON BANK
Aug 26, 2022Warranty Deed, Construction Loan · Construction Mortgage
CARROLLTON BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 26, 2022 · Amount on Record
Deed SaleAug 26, 2022 · Amount on Record
Deed Document Number2022R18734
Deed Book / Page25 / 66
Record UpdatedJun 7, 2026

July 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSANGAMON IL
Property Address940 COMMUNITY DR, SPRINGFIELD, IL 62703-5180
Transaction TypeMortgage
Record UpdatedAug 2, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2023R12310
DateJul 7, 2023
Instrument2023R12310
Lender
NameCARROLLTON BANK
TypeBank
Agreement
TypeLine of Credit
AmountAmount Recorded

August 2022: Warranty Deed, Construction Loan

Document TypeWarranty Deed
JurisdictionSANGAMON IL
Recording DateAug 26, 2022
Property Address940 COMMUNITY DR, SPRINGFIELD, IL 62703-5180
Document Number2022R18734
Map ReferenceDOC 91017098
Instrument DateAug 25, 2022
Instrument2022R18734
Transaction TypeConstruction Loan
Record UpdatedSep 14, 2022

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$3,765.00
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address5300 6TH STREET FRONTAGE RD E, SPRINGFIELD, IL 62703-5184

Mortgage

Document Number2022R18735
DateAug 26, 2022
Instrument2022R18735
Lender
NameCARROLLTON BANK
Agreement
TypeConstruction Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: Sangamon County assessment roll, as of January 1, 2022

Property Jurisdictions

TypeName
StateIllinois
CountySangamon County
County SubdivisionCapital Township
MunicipalitySpringfield City
Unified School DistrictBall-Chatham Community Unit School District 5 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2022$2,490.00$31,865 Land $31,865$95,595 Land $95,595

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 RiskLow
lower than 95% of the US · lower than 70% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation

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

ProviderMax Down / Up (Mbps)
Xfinity
Cable
1,200 / 35
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: Nextlink, Rise Broadband.

Nearby Properties on Community Dr

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