113 E Thomas St, Ludlow, IL 60949 Property Records

Champaign County property record for 113 E Thomas St, Ludlow, IL 60949 · Last verified May 2026

Property Highlights

Property Type	Commercial > Retail
Lot Size	2,597 sqft (0.06 acres)
Tax Bill	$1,632.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`14-03-01-457-010`

Exterior

Lot Area	2,597 sqft (0.06 acres)

Location & Zoning

Street Address	113 E THOMAS ST
City	LUDLOW
State	IL
Zip	60949-5800
Property Usage	Commercial Property Usage
Type	Commercial > Retail
Legal Description	LOTS PT 6, 7 BLACKNEYS, THOMAS E., ADD OF LT 9 AND 10 AND SOUTH 26 OF LT 8 BLK 6
Legal Range	09E
Legal Township	22N
Legal Section	01
Legal Subdivision	BLACKNEYS, THOMAS E., ADD
Legal Block	6
Legal Lot Number	7
Jurisdiction	CHAMPAIGN IL
Minor Civil Division	LUDLOW
Census Blockgroup	1
Census Block	1046
Census Tract	10400

Owner

Source: Champaign County records · APN 14-03-01-457-010

Assessment roll updated April 29, 2026 · Last verified May 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 File
Mailing Address	720 MAIN ST NW, BOURBONNAIS, IL 60914-2311
Owner Type	Owner is a Company
Vesting	Trustor/Debtor (Borrower in Default/Foreclosure On Trustee's Deed)

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Dec 23, 2020
Deed Sale	Dec 23, 2020
Deed Doc Number	202027232
Prior Transfer Date	Dec 10, 2020
Prior Transfer Doc	0000027232
Record Refreshed	Jun 08, 2026

December 2020: Deed, Foreclosure

Document Type	Deed
Jurisdiction	CHAMPAIGN IL
Recording Date	Dec 23, 2020
Property Address	113 E THOMAS ST, LUDLOW, IL 60949-5800
Document Number	0000027232
Instrument Date	Dec 10, 2020
Instrument	2020R27232
Transaction Type	Foreclosure
Record Updated	Apr 28, 2022
Title Company	ATTORNEY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$85.00
Amount Accuracy	Rounded Values by County
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	720 MAIN ST NW, BOURBONNAIS, IL 60914-2311

Mortgage

Document Number	0000027233
Date	Dec 23, 2020
Instrument	2020R27233

Lender

Name	MUNICIPAL TRUST AND SAVINGS BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	240 Months
Due	Dec 18, 2040

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Champaign County records · Assessment roll updated April 29, 2026 · Last verified May 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Champaign County
County Subdivision	Ludlow Township
Municipality	Ludlow Village
Elementary School District	Ludlow Community Consolidated School District 142 (KG - 08)
Secondary School District	Rantoul Township High School District 193 (09 - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$24,710 (+37.81%) Land $1,720 Building $22,990	$74,130 (+37.81%) Land $5,160 Building $68,970
2024	$1,632.00 (+11.78%)
2022	$1,460.00 Additional exemption filed	$17,930 Land $1,250 Building $16,680	$53,790 Land $3,750 Building $50,040

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Champaign County (17019C), updated July 14, 2021 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.