1507 E Washington St, Urbana, IL 61802 Property Records

Champaign County property record for 1507 E Washington St, Urbana, IL 61802

Property Summary

Property TypeCommercial
Lot Size1 acres (54,847 sqft)
OwnerCompany Name on File
Last Sale$540,000 (May 2013)
Tax Bill$68,605 (2024)
Deeds & MortgagesNov 2025 Line of Credit
Dec 2023 Line of Credit
Flood ZoneZone X (minimal risk)
APN92-21-16-401-022

Property Details

APN / Parcel Number

Primary APN92-21-16-401-022

Interior

Units72 Units

Exterior

Architectural StyleMulti-Family
Lot Area54,847 sqft (1 acres)

Location & Zoning

Street Address1507 E WASHINGTON ST
CityURBANA
StateIL
Zip61802-4577
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT 2 WOODSTONE SUB LTS 5 AND 6
Legal Range09E
Legal Township19N
Legal Section16
Legal SubdivisionWOODSTONE SUB
Legal Lot Number2,5,6
JurisdictionCHAMPAIGN IL
Township / Civil DivisionCUNNINGHAM
Census Block Group1
Census Block1004
Census Tract5601

Owner

1507 E Washington St, a commercial property, is owned by a company that bought it in May 2013.

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 SaleMay 7, 2013 · Amount on File
Deed SaleMay 7, 2013 · Amount on File
Prior SaleDec 2, 2003 · Amount on File
Deed Document Number201310711
Prior Transfer DateDec 1, 2003
Prior Transfer Doc0000052605
Record UpdatedOct 29, 2026

November 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address1507 E WASHINGTON ST, URBANA, IL 61802-4577
Transaction TypeMortgage
Record UpdatedDec 1, 2025

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 Address1507 E WASHINGTON ST, URBANA, IL 61802-4577
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$281,240 Land $48,290 Building $232,950$843,720 Land $144,870 Building $698,850
2024$68,605.00
2022$59,599.00$550,250 Land $38,340 Building $511,910$1,650,750 Land $115,020 Building $1,535,730

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

Flood

FEMA maps place 1507 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 1507 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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