Champaign County property record for 1503 E Florida Ave, Urbana, IL 61802
| Property Type | Commercial |
|---|---|
| Lot Size | 7.38 acres (321,568 sqft) |
| Owner | Company Name on Record |
| Last Sale | $16,340,000 (Jan 2025) |
| Tax Bill | $360,972 (2025) |
| Deeds & Mortgages | Apr 2022 Sale & Line of Credit |
| Flood Zone | Zone X (minimal risk) |
| APN | 93-21-21-201-013 |
| Primary APN | 93-21-21-201-013 |
|---|
| Units | 24 Units |
|---|
| Architectural Style | Multi-Family |
|---|---|
| Lot Area | 321,568 sqft (7.38 acres) |
| Street Address | 1503 E FLORIDA AVE |
|---|---|
| City | URBANA |
| State | IL |
| Zip | 61802-6011 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Legal Description | LOT 2 CTC SUB |
| Legal Range | 09E |
| Legal Township | 19N |
| Legal Section | 21 |
| Legal Subdivision | CTC SUB |
| Legal Lot Number | 2 |
| Jurisdiction | CHAMPAIGN IL |
| Township / Civil Division | CUNNINGHAM |
| Census Block Group | 1 |
| Census Block | 1001 |
| Census Tract | 5602 |
Source: Champaign County records, as of July 13, 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 Record |
|---|---|
| Mailing Address | 1389 CENTER DR, 200, PARK CITY, UT 84098-7660 |
| Owner Type | Company |
| Vesting | Limited Liability Partnership |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jan 14, 2025 · Amount on Record |
| Deed Sale | Jan 14, 2025 · Amount on Record |
| Prior Sale | Apr 1, 2022 · Amount on Record |
| Deed Document Number | 2025580 |
| Prior Transfer Date | Jan 26, 2012 |
| Prior Transfer Doc | 0000003100 |
| Record Updated | Oct 29, 2026 |
| Document Type | Special Warranty Deed |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Recording Date | Apr 1, 2022 |
| Property Address | 1503 E FLORIDA AVE, URBANA, IL 61802-6011 |
| Document Number | 0000005786 |
| Map Reference | DOC 2007R03674 |
| Instrument Date | Mar 26, 2022 |
| Instrument | 2022R05786 |
| Transaction Type | Transfer |
| Record Updated | Apr 8, 2022 |
| Title Company | ATTORNEY ONLY, ATTORNEY |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $13,250.00 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 650 N DEARBUM ST #500500, 650, CHICAGO, IL 60654 |
| Name | Verified Name |
|---|---|
| Address | 510 S NEIL ST, CHAMPAIGN, IL 61820-5220 |
| Document Number | 0000005787 |
|---|---|
| Date | Apr 1, 2022 |
| Instrument | 2022R05787 |
| Name | CBI BANK & TRUST |
|---|---|
| Type | Bank |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly |
Source: Champaign County assessment roll, as of April 29, 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Champaign County |
| County Subdivision | Cunningham Township |
| Municipality | Urbana City |
| Unified School District | Urbana School District 116 (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $360,972.00 (+3.73%) | $3,569,500 (+25.93%) Land $259,620 Building $3,309,880 | $10,708,500 (+25.93%) Land $778,860 Building $9,929,640 |
| 2024 | $347,979.00 (+13.42%) | ||
| 2022 | $306,810.00 | $2,834,540 Land $206,170 Building $2,628,370 | $8,503,620 Land $618,510 Building $7,885,110 |
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.
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.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 99.1% of the US · lower than 94% of Illinois |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | None beyond 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 233 locations within half a mile, as of December 31, 2025
| Provider | Max 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.
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