1502 E Florida Ave, Urbana, IL 61802 Property Records

Champaign County property record for 1502 E Florida Ave, Urbana, IL 61802

Property Summary

Property TypeCommercial
Lot Size2.56 acres (111,514 sqft)
OwnerCompany Name on Record
Last Sale$6,200,000 (Jun 2006)
Tax Bill$161,251 (2024)
Flood ZoneZone X (minimal risk)
APN92-21-16-453-008

Property Details

APN / Parcel Number

Primary APN92-21-16-453-008

Interior

Units252 Units

Exterior

Architectural StyleMulti-Family
Lot Area111,514 sqft (2.56 acres)

Location & Zoning

Street Address1502 E FLORIDA AVE
CityURBANA
StateIL
Zip61802-6012
Property CategoryCommercial
Property TypeCommercial > Retail
Legal Range09E
Legal Township19N
Legal Section16
JurisdictionCHAMPAIGN IL
Township / Civil DivisionCUNNINGHAM
Census Block Group1
Census Block1022
Census Tract5601

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 RecordCompany Name on Record
Mailing Address1603 ORRINGTON AVE, 450, EVANSTON, IL 60201-3880
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 30, 2006 · Amount on Record
Deed SaleJun 30, 2006 · Amount on Record
Deed Document Number200617312
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

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$1,473,590 (-12.65%) Land $150,720 Building $1,322,870$4,420,770 (-12.65%) Land $452,160 Building $3,968,610
2024$161,251.00 (-11.69%)
2022$182,606.00$1,687,050 Land $119,690 Building $1,567,360$5,061,150 Land $359,070 Building $4,702,080

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

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

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 233 locations within half a mile, as of December 31, 2025

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

May also be available: Nextlink, Pavlov Media.

Nearby Properties on E Florida Ave

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