1505 E Washington St, Urbana, IL 61802 Property Records

Champaign County property record for 1505 E Washington St, Urbana, IL 61802

Property Summary

Property TypeCommercial
Lot Size0.421 acres (18,356 sqft)
OwnerCompany Name on File
Last Sale$100,000 (Mar 2014)
Tax Bill$6,390 (2024)
Deeds & MortgagesNov 2025 Line of Credit
Dec 2023 Line of Credit
Flood ZoneZone X (minimal risk)
APN92-21-16-401-021

Property Details

APN / Parcel Number

Primary APN92-21-16-401-021

Exterior

Lot Area18,356 sqft (0.421 acres)

Location & Zoning

Street Address1505 E WASHINGTON ST
CityURBANA
StateIL
Zip61802-4513
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT 1 WOODSTONE SUB LTS 5 AND 6
Legal Range09E
Legal Township19N
Legal Section16
Legal SubdivisionWOODSTONE SUB
Legal Lot Number1,5,6
JurisdictionCHAMPAIGN IL
Township / Civil DivisionCUNNINGHAM
Census Block Group1
Census Block1004
Census Tract5601

Owner

1505 E Washington St, a commercial property, is owned by a company that bought it in March 2014.

Source: Champaign County records, as of April 29, 2026

Owner of RecordCompany Name on File
Mailing Address1717 W KIRBY AVE, CHAMPAIGN, IL 61821-5507
Owner TypeCompany

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
Nov 18, 2025Deed of Trust, Mortgage · Line of Credit
VILLA GROVE STATE BANK
Dec 22, 2023Deed of Trust, Mortgage · Line of Credit
VILLA GROVE STATE BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 24, 2014 · Amount on File
Deed SaleMar 24, 2014 · Amount on File
Prior SaleOct 13, 2010 · Amount on File
Deed Document Number20144400
Record UpdatedOct 29, 2026

November 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address1505 E WASHINGTON ST, URBANA, IL 61802-4513
Transaction TypeMortgage
Record UpdatedApr 24, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000017704
DateNov 18, 2025
Instrument2025R17704
Lender
NameVILLA GROVE STATE BANK
TypeBank
AddressVILLA GROVE, IL 61956
Agreement
TypeLine of Credit
AmountAmount on Record
Term300 Months
DueNov 17, 2050
Interest
Rate TypeAdjustable Rate

December 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address1505 E WASHINGTON ST, URBANA, IL 61802-4513
Transaction TypeMortgage
Record UpdatedJan 1, 2024

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000017932
DateDec 22, 2023
Instrument2023R17932
Lender
NameVILLA GROVE STATE BANK
TypeBank
AddressVILLA GROVE, IL 61956
Agreement
TypeLine of Credit
AmountAmount on Record
Term240 Months
DueDec 13, 2043
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

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$64,180 Land $54,360 Building $9,820$192,540 Land $163,080 Building $29,460
2024$6,390.00
2022$5,557.00$50,970 Land $43,170 Building $7,800$152,910 Land $129,510 Building $23,400

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

Flood

FEMA maps place 1505 E Washington St 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

Wildfire risk around 1505 E Washington St is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 98% of the US · lower than 86% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond 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 621 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, DSL in parts of the area
5,000 / 5,000
Xfinity
Cable
1,200 / 35
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: Nextlink, Pavlov Media.

Nearby Properties on E Washington St

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