1005 E Colorado Ave, Urbana, IL 61801 Property Records

Champaign County property record for 1005 E Colorado Ave, Urbana, IL 61801

Property Summary

Property TypeCommercial
Lot Size0.332 acres (14,476 sqft)
Owner2 Company Names on File
Last Sale$610,000 (Sep 2004)
Tax Bill$23,536 (2025)
Flood ZoneZone X (minimal risk)
APN93-21-21-152-007

Property Details

APN / Parcel Number

Primary APN93-21-21-152-007

Interior

Units42 Units

Exterior

Architectural StyleMulti-Family
Lot Area14,476 sqft (0.332 acres)

Location & Zoning

Street Address1005 E COLORADO AVE
CityURBANA
StateIL
Zip61801-6340
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT 548 ENNIS RIDGE 7TH SUB
Legal Range09E
Legal Township19N
Legal Section21
Legal SubdivisionENNIS RIDGE 7TH SUB
Legal Lot Number548
JurisdictionCHAMPAIGN IL
Township / Civil DivisionCUNNINGHAM
Census Block Group2
Census Block2001
Census Tract5701

Owner

1005 E Colorado Ave, a commercial property, is owned by a company that bought it in September 2004.

Source: Champaign County records, as of July 20, 2026

Owner of Record2 Company Names on File
Mailing AddressPO BOX 463, SAVOY, IL 61874-0463
Owner TypeCompany
VestingCompany

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 Names2 Names on Deed
Last SaleSep 17, 2004 · Amount on File
Deed SaleSep 17, 2004 · Amount on File
Deed Document Number200429965
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

The 2025 property tax bill for 1005 E Colorado Ave was $23,536, up 3.7% from the year before.

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

Property Jurisdictions

TypeName
StateIllinois
CountyChampaign County
County SubdivisionCunningham Township
MunicipalityUrbana City
Unified School DistrictUrbana School District 116 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$23,536.00 (+3.74%)$232,740 Land $29,470 Building $203,270$698,220 Land $88,410 Building $609,810
2024$22,688.00
2022$20,004.00$184,820 Land $23,400 Building $161,420$554,460 Land $70,200 Building $484,260

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 1005 E Colorado 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 1005 E Colorado 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 542 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
i3 Broadband
Fiber
8,000 / 8,000
AT&T
Fiber · Fixed Wireless in parts of the area
5,000 / 5,000
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: Fidium Fiber, Nextlink, Pavlov Media, Volo.net Internet+Tech.

Nearby Properties on E Colorado Ave

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