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1551 E Grove Ave, Rantoul, IL 61866 Property Records

Champaign County property record for 1551 E Grove Ave, Rantoul, IL 61866

Property Summary

Property TypeCommercial
Lot Size0.921 acres (40,139 sqft)
OwnerCompany Name on Record
Last Sale$550,000 (Apr 2025)
Tax Bill$18,125 (2024)
Deeds & MortgagesJun 2020 Loan Modification
Feb 2019 Loan Modification
Flood ZoneZone X (minimal risk)
APN14-03-36-355-017

Property Details

APN / Parcel Number

Primary APN14-03-36-355-017

Exterior

Lot Area40,139 sqft (0.921 acres)

Location & Zoning

Street Address1551 E GROVE AVE
CityRANTOUL
StateIL
Zip61866-2735
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT 1 BETHANY PARK 2ND ADD
Legal Range09E
Legal Township22N
Legal Section36
Legal SubdivisionBETHANY PARK 2ND ADD
Legal Lot Number1
JurisdictionCHAMPAIGN IL
Township / Civil DivisionLUDLOW
Census Block Group1
Census Block1004
Census Tract10100

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 Address1126 N KIMBALL ST, DANVILLE, IL 61832-3124
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Jun 8, 2020Loan Modification, Mortgage
NOT AVAILABLE
Feb 27, 2019Loan Modification, Mortgage
BANK OF RANTOUL

Assessor's Deed Record

Deed NamesName on Deed
Last SaleApr 25, 2025 · Amount on Record
Deed SaleApr 25, 2025 · Amount on Record
Prior SaleMar 3, 2014 · Amount on Record
Deed Document Number20255553
Record UpdatedOct 29, 2026

June 2020: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionCHAMPAIGN IL
Property Address1551 E GROVE AVE, RANTOUL, IL 61866-2735
Document Number0000010616
Instrument DateJun 8, 2020
Transaction TypeMortgage
Record UpdatedAug 18, 2020
Title CompanyNOT AVAILABLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1551 E GROVE AVE RANTOUL IL 618662735, RANTOUL, IL 61866-2735

February 2019: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionCHAMPAIGN IL
Property Address1551 E GROVE AVE, RANTOUL, IL 61866-2735
Document Number0000002703
Instrument DateFeb 27, 2019
Transaction TypeMortgage
Record UpdatedMar 15, 2019

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1551 E GROVE AVE RANTOUL IL 618662735, RANTOUL, IL 61866-2735

Mortgage

Document Number0000002703
DateFeb 28, 2019
Instrument2703
Lender
NameBANK OF RANTOUL
TypeBank
AddressRANTOUL, IL 61866
Agreement
Term120 Months
DueFeb 27, 2029
Interest
Rate5.87%

Tax Assessment & Valuation

Source: Champaign County assessment roll, as of April 29, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyChampaign County
County SubdivisionLudlow Township
MunicipalityRantoul Village
Elementary School DistrictRantoul City School District 137 (KG - 08)
Secondary School DistrictRantoul Township High School District 193 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$207,900 (+37.86%) Land $35,220 Building $172,680$623,700 (+37.86%) Land $105,660 Building $518,040
2024$18,125.00 (+12.66%)
2022$16,088.00$150,810 Land $25,550 Building $125,260$452,430 Land $76,650 Building $375,780

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 SystemRANTOUL
serves 13,000 people · EPA ID IL0190650
Water SourceGroundwater
Last State InspectionAug 2025
Lead2 ppb (2021–2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 371 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Conxxus
Fiber		8,000 / 8,000
Mediacom Xtream
Cable · Fiber in parts of the area		1,000 / 50
Nextlink
Fixed Wireless		500 / 100
T-Mobile
Fixed Wireless		100 / 20

May also be available: Verizon.

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