Champaign County property record for 1402 N Prospect Ave, Champaign, IL 61820
| Property Type | Commercial Vacant Land |
|---|---|
| Lot Size | 0.64 acres (27,878 sqft) |
| Owner | Company Name on File |
| Last Sale | $700,000 (Jun 2022) |
| Tax Bill | $6,334 (2024) |
| Deeds & Mortgages | Jun 2022 Sale & Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 41-20-01-351-006 |
| Primary APN | 41-20-01-351-006 |
|---|
| Lot Area | 27,878 sqft (0.64 acres) |
|---|
| Street Address | 1402 N PROSPECT AVE |
|---|---|
| City | CHAMPAIGN |
| State | IL |
| Zip | 61820 |
| Property Category | Commercial |
| Property Type | Vacant Land > Commercial |
| Legal Description | LOTS 6, 7 INDUSTRIAL ADD |
| Legal Range | 08E |
| Legal Township | 19N |
| Legal Section | 01 |
| Legal Subdivision | INDUSTRIAL ADD |
| Legal Lot Number | 6,7 |
| Jurisdiction | CHAMPAIGN IL |
| Township / Civil Division | CHAMPAIGN CITY |
| Census Block Group | 3 |
| Census Block | 3028 |
| Census Tract | 700 |
1402 N Prospect Ave, commercial vacant land, is owned by a company that bought it in June 2022.
Source: Champaign County records, as of April 29, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 1402 N PROSPECT AVE, CHAMPAIGN, IL 61820 |
| Owner Type | Company |
| Vesting | Limited 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.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jun 28, 2022 · Amount on File |
| Deed Sale | Jun 28, 2022 · Amount on File |
| Deed Document Number | 202211727 |
| Record Updated | Oct 29, 2026 |
| Document Type | Administrator's Deed |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Recording Date | Jun 28, 2022 |
| Property Address | 1402 N PROSPECT AVE, CHAMPAIGN, IL 61820-2537 |
| Document Number | 0000011727 |
| Map Reference | MB K PG 191 |
| Instrument Date | Jun 15, 2022 |
| Instrument | 2022R11727 |
| Transaction Type | Transfer |
| Record Updated | Jul 11, 2023 |
| Title Company | ATTORNEY ONLY, ATTORNEY |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $700.00 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 4507 CROSSGATE DR, CHAMPAIGN, IL 61822-9354 |
| Document Number | 0000011728 |
|---|---|
| Date | Jun 28, 2022 |
| Instrument | 2022R11728 |
| Name | PROSPECT BANK |
|---|---|
| Type | Bank |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 12 Months |
| Due | Jun 22, 2023 |
Source: Champaign County assessment roll, as of April 29, 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Champaign County |
| County Subdivision | Champaign City Township |
| Municipality | Champaign City |
| Unified School District | Champaign Community Unit School District 4 (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $81,500 (+12.2%) Land $81,500 | $244,500 (+12.2%) Land $244,500 | |
| 2024 | $6,334.00 (+6.17%) | $72,640 Land $72,640 | $217,920 Land $217,920 |
| 2023 | $5,966.00 (+6.31%) | ||
| 2022 | $5,612.00 | $61,030 Land $61,030 | $183,090 Land $183,090 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
FEMA maps place 1402 N Prospect Ave in Zone X, an area of minimal flood risk, though there have been 8 flood claims nearby since 1979.
Source: FEMA National Flood Hazard Layer, effective July 14, 2021 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Community Rating System | Class 5 (25% premium discount) |
| Nearby Flood Policies | 4 in force |
| Nearby Flood Claims | 8 (1979–1993) |
| Most Recent Claim | Aug 1993 · river or lake flooding |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
The area around 1402 N Prospect 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 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.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | IL AMERICAN-CHAMPAIGN private · serves 150,000 people · EPA ID IL0195300 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Sep 2025 |
| Lead | 1 ppb (2026) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None 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.
Source: FCC Broadband Data Collection, based on 302 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| i3 Broadband Fiber | 8,000 / 8,000 |
| AT&T Fiber · Fixed Wireless, DSL 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, Mediacom Xtream, Nextlink.
Search by:
By searching, you agree to: Terms • Privacy • Disclosures