1607 S Prospect Ave, Champaign, IL 61820 Property Records

Champaign County property record for 1607 S Prospect Ave, Champaign, IL 61820 · Last verified May 2026

Property Summary

Property TypeCommercial
Lot Size0.507 acres (22,101 sqft)
OwnerCompany Name on File
Last Sale$450,000 (Mar 2008)
Tax Bill$14,708 (2024)
Flood ZoneZone X (minimal risk)
APN45-20-23-227-036

Property Details

APN / Parcel Number

Primary APN45-20-23-227-036

Exterior

Lot Area22,101 sqft (0.507 acres)

Location & Zoning

Street Address1607 S PROSPECT AVE
CityCHAMPAIGN
StateIL
Zip61820
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT PT 2 LINCOLNSHIRE CENTER REPLAT
Legal Range08E
Legal Township19N
Legal Section23
Legal SubdivisionLINCOLNSHIRE CENTER REPLAT
Legal Lot Number2
JurisdictionCHAMPAIGN IL
Township / Civil DivisionCHAMPAIGN CITY
Census Block Group3
Census Block3000
Census Tract1301

Owner

Source: Champaign County records · APN 45-20-23-227-036

Assessment roll updated April 29, 2026 · Last verified May 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address201 W MAIN ST, URBANA, IL 61801-2621
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleMar 07, 2008 · Amount on Record
Deed SaleMar 07, 2008 · Amount on Record
Deed Document Number20085475
Record UpdatedJun 08, 2026

Tax Assessment & Valuation

Source: Champaign County records · Assessment roll updated April 29, 2026 · Last verified May 2026

Property Jurisdictions

TypeName
StateIllinois
CountyChampaign County
County SubdivisionChampaign City Township
MunicipalityChampaign City
Unified School DistrictChampaign Community Unit School District 4 (PK - 12)

Tax Bill & Assessment History

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.

YearTax BillAssessed ValueAssessed Market Value
2025$189,250 (+33.55%) Land $73,120 Building $116,130$567,750 (+33.55%) Land $219,360 Building $348,390
2024$14,708.00 (+12.87%)
2022$13,031.00$141,710 Land $54,750 Building $86,960$425,130 Land $164,250 Building $260,880

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Champaign County (17019C), updated July 14, 2021 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

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