1102 E Colorado Ave, Urbana, IL 61801 Property Records

Champaign County property record for 1102 E Colorado Ave, Urbana, IL 61801

Property Summary

Property TypeCommercial
Lot Size0.959 acres (41,774 sqft)
OwnerCompany Name on File
Last Sale$6,500,000 (Mar 2023)
Tax Bill$74,378 (2025)
Deeds & MortgagesMar 2023 Sale
May 2021 Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN93-21-21-126-033

Property Details

APN / Parcel Number

Primary APN93-21-21-126-033

Interior

Units96 Units

Exterior

Architectural StyleMulti-Family
Lot Area41,774 sqft (0.959 acres)

Location & Zoning

Street Address1102 E COLORADO AVE
CityURBANA
StateIL
Zip61801-6476
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT 1 SUNNYCREST CORPORATION SUB, 1ST PLAT
Legal Range09E
Legal Township19N
Legal Section21
Legal SubdivisionSUNNYCREST CORPORATION SUB, 1ST PLAT
Legal Lot Number1
JurisdictionCHAMPAIGN IL
Township / Civil DivisionCUNNINGHAM
Census Block Group1
Census Block1000
Census Tract5701

Owner

1102 E Colorado Ave, a commercial property, is owned by a company that bought it in March 2023.

Source: Champaign County records, as of October 21, 2026

Owner of RecordCompany Name on File
Mailing Address630 N FRANKLIN ST, 1010, CHICAGO, IL 60654-8355
Owner TypeCompany
VestingLimited Liability Partnership

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

DateDocument
Mar 21, 2023Special Warranty Deed, Transfer
ATTORNEY ONLY, ATTORNEY
May 25, 2021Deed, Transfer · Commercial Mortgage
SABAL CAPITAL II LLC
Jun 5, 2018Grant Deed, Transfer
GOLDFARB ERWIN TRUST (PT)

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 21, 2023 · Amount on File
Deed SaleMar 21, 2023 · Amount on File
Prior SaleJun 5, 2018 · Amount on File
Deed Document Number20233365
Prior Transfer DateJan 5, 2012
Prior Transfer Doc0000001076
Record UpdatedOct 29, 2026

March 2023: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCHAMPAIGN IL
Recording DateMar 21, 2023
Property Address1102 E COLORADO AVE, URBANA, IL 61801-6476
Document Number0000003365
Map ReferenceMB Z PG 210
Instrument DateMar 19, 2023
Instrument2023R03365
Transaction TypeTransfer
Record UpdatedMar 28, 2023
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount on Record
Tax$6,500.00
Amount AccuracyRounded by County
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address510 S NEIL ST, CHAMPAIGN, IL 61820-5220

Transferred To (Grantee/Buyer)

NameVerified Name
Address630 N FRANKLIN ST APT 1010, 1010, CHICAGO, IL 60654-8355

May 2021: Deed, Transfer

Document TypeDeed
JurisdictionCHAMPAIGN IL
Recording DateMay 25, 2021
Property Address1102 E COLORADO AVE, URBANA, IL 61801-6476
Document Number0000012144
Map ReferenceMB Z PG 210
Instrument DateMay 21, 2021
Instrument2021R12144
Transaction TypeTransfer
Record UpdatedJun 4, 2021

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address510 S NEIL ST, CHAMPAIGN, IL 61820-5220
Mail Care OfCHRISTOPHER R SAUDNERS

Mortgage

Document Number0000012155
DateMay 25, 2021
Instrument2021R12155
Lender
NameSABAL CAPITAL II LLC
TypeNon-Lending Institution
Agreement
TypeCommercial Mortgage
AmountAmount on Record

June 2018: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionCHAMPAIGN IL
Recording DateJun 5, 2018
Property Address1102 E COLORADO AVE, URBANA, IL 61801-6476
Document Number0000009063
Instrument DateMay 31, 2018
Instrument9063
Transaction TypeTransfer
Record UpdatedJul 31, 2018
Title CompanyOTHER

Transaction

AmountAmount on Record
Tax$1.29
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCorporate Trust
Address1102 E COLORADO AVE URBANA IL 618016476, URBANA, IL 61801-6476

Mortgage

Document Number9631
DateJun 5, 2018
Instrument9631
Lender
NameGOLDFARB ERWIN TRUST (PT)
Agreement
AmountAmount on Record
Term36 Months
DueJun 4, 2021
Interest
Rate5%

Tax Assessment & Valuation

The 2025 property tax bill for 1102 E Colorado Ave was $74,378, 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$74,378.00 (+3.74%)$735,270 (+5.8%) Land $95,180 Building $640,090$2,205,810 (+5.8%) Land $285,540 Building $1,920,270
2024$71,698.00 (+6.27%)$694,960 Land $89,960 Building $605,000$2,084,880 Land $269,880 Building $1,815,000
2023$67,468.00 (+6.72%)
2022$63,219.00$583,880 Land $75,580 Building $508,300$1,751,640 Land $226,740 Building $1,524,900

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

Flood

FEMA maps place 1102 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 1102 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.

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