1101 Falcon Dr, Rantoul, IL 61866 Property Records

Champaign County property record for 1101 Falcon Dr, Rantoul, IL 61866

Property Summary

Property Type	Commercial
Lot Size	7.72 acres (336,283 sqft)
Owner	2 Company Names on Record
Tax Bill	$83,279 (2024)
Deeds & Mortgages	Jun 2019 Line of Credit Feb 2018 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`14-03-35-276-011`

Property Details

APN / Parcel Number

Primary APN	`14-03-35-276-011`

Interior

Units	10 Units

Exterior

Architectural Style	Multi-Family
Lot Area	336,283 sqft (7.72 acres)

Location & Zoning

Street Address	1101 FALCON DR
City	RANTOUL
State	IL
Zip	61866-4508
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	LOT 2 CHANUTE HOMES SUB, THE
Legal Range	09E
Legal Township	22N
Legal Section	35
Legal Subdivision	CHANUTE HOMES SUB, THE
Legal Lot Number	2
Jurisdiction	CHAMPAIGN IL
Township / Civil Division	LUDLOW
Census Block Group	2
Census Block	2001
Census Tract	10100

Owner

Source: Champaign County records, as of April 29, 2026

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

Owner of Record	2 Company Names on Record
Mailing Address	1200 CALLOWHILL ST, 403, PHILADELPHIA, PA 19123-3658
Owner Type	Company
Vesting	Partnership

Deeds, Mortgages & Sale History

Date	Document
Jun 28, 2019	Grant Deed, Mortgage · Line of Credit KEYBANK USA
Feb 15, 2018	Trustee's Deed, Transfer KEYBANK USA

Assessor's Deed Record

Deed Names	2 Names on Deed
Record Updated	Jun 8, 2026

June 2019: Grant Deed, Mortgage

Document Type	Grant Deed
Jurisdiction	CHAMPAIGN IL
Recording Date	Jun 28, 2019
Property Address	1101 FALCON DR, RANTOUL, IL 61866-4508
Instrument Date	Jun 25, 2019
Instrument	10077
Transaction Type	Mortgage
Record Updated	Jul 18, 2019
Title Company	LAND SERVICES USA INC, LAND SVCS USA INC

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	1200 CALLOWHILL ST #403 PHILADELPHIA PA 191233658, 403, PHILADELPHIA, PA 19123-3658

Mortgage

Document Number	0000010077
Date	Jun 28, 2019
Instrument	10077

Lender

Name	KEYBANK USA
Type	Bank
Address	11501 OUTLOOK ST # 300, OVERLAND PARK, KS 66211-1807

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	120 Months
Due	Jun 27, 2029

Interest

Rate Type	Adjustable Rate
Rate	3.92%

February 2018: Trustee's Deed, Transfer

Document Type	Trustee's Deed
Jurisdiction	CHAMPAIGN IL
Recording Date	Feb 15, 2018
Property Address	1101 FALCON DR, RANTOUL, IL 61866-4508
Document Number	0000002301
Instrument Date	Jan 30, 2018
Instrument	2301
Transaction Type	Transfer
Record Updated	Mar 2, 2018
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$2,275.00
Additional	Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	909 N MAPLEWOOD DR RANTOUL IL 618661297, RANTOUL, IL 61866-1297

Mortgage

Document Number	2302
Date	Feb 15, 2018
Instrument	2302

Lender

Name	KEYBANK USA
Type	Bank
Address	66 S PEARL ST # 7TH, ALBANY, NY 12207-1533

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Champaign County
County Subdivision	Ludlow Township
Municipality	Rantoul Village
Elementary School District	Rantoul City School District 137 (KG - 08)
Secondary School District	Rantoul Township High School District 193 (09 - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$955,270 (+37.86%) Land $127,750 Building $827,520	$2,865,810 (+37.86%) Land $383,250 Building $2,482,560
2024	$83,279.00 (+12.65%)
2022	$73,924.00	$692,950 Land $92,670 Building $600,280	$2,078,850 Land $278,010 Building $1,800,840

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 July 14, 2021

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	RANTOUL serves 13,000 people · EPA ID IL0190650
Water Source	Groundwater
Last State Inspection	Aug 2025
Lead	2 ppb (2021–2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 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 616 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Conxxus Fiber	8,000 / 8,000
Mediacom Xtream Cable · Fiber in parts of the area	1,000 / 50
Nextlink Fixed Wireless	500 / 100
T-Mobile Fixed Wireless	100 / 20

May also be available: Verizon.

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