Champaign County property record for 1640 E Grove Ave, Rantoul, IL 61866 · Last verified May 2026
| Property Type | Commercial |
|---|---|
| Lot Size | 0.515 acres (22,438 sqft) |
| Owner | Company Name on File |
| Tax Bill | $7,311 (2024) |
| Deeds & Mortgages | Mar 2023 Line of Credit May 2023 Mortgage + 4 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 20-09-01-127-018 |
| Primary APN | 20-09-01-127-018 |
|---|
| Lot Area | 22,438 sqft (0.515 acres) |
|---|
| Street Address | 1640 E GROVE AVE |
|---|---|
| City | RANTOUL |
| State | IL |
| Zip | 61866-2737 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Legal Description | LOTS PT 420, 421 MAPLEWOOD 3RD ADD |
| Legal Range | 09E |
| Legal Township | 21N |
| Legal Section | 01 |
| Legal Subdivision | MAPLEWOOD 3RD ADD |
| Legal Lot Number | 421 |
| Jurisdiction | CHAMPAIGN IL |
| Township / Civil Division | RANTOUL |
| Census Block Group | 1 |
| Census Block | 1004 |
| Census Tract | 10204 |
Source: Champaign County records · APN 20-09-01-127-018
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 Record | Company Name on File |
|---|---|
| Mailing Address | 584 W GROVE AVE, RANTOUL, IL 61866-2245 |
| Owner Type | Company |
| Vesting | Trust, Irrevocable Trust |
| Date | Document |
|---|---|
| Mar 28, 2023 | Deed of Trust, Mortgage · Line of Credit BANK OF RANTOUL |
| May 09, 2023 | Deed of Trust, Mortgage · Commercial Mortgage BANK OF RANTOUL |
| Jul 25, 2019 | Loan Modification, Mortgage BANK OF RANTOUL |
| Jul 25, 2019 | Loan Modification, Mortgage BANK OF RANTOUL |
| Jul 25, 2019 | Loan Modification, Mortgage BANK OF RANTOUL |
| Sep 25, 2018 | Deed of Trust, Mortgage · Line of Credit BANK OF RANTOUL |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Transfer Date | Jan 21, 2025 |
| Transfer Doc | 0000001026 |
| Record Updated | Jun 08, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Property Address | 1640 E GROVE AVE, RANTOUL, IL 61866-2737 |
| Transaction Type | Mortgage |
| Record Updated | Aug 22, 2023 |
| Name | Verified Name |
|---|---|
| Address | 584 W GROVE AVE, RANTOUL, IL 61866-2245 |
| Document Number | 0000003710 |
|---|---|
| Date | Mar 28, 2023 |
| Instrument | 2023R03710 |
| Name | BANK OF RANTOUL |
|---|---|
| Type | Bank |
| Address | RANTOUL, IL 61866 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|---|
| Rate | 8% |
| Change Frequency | Monthly |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Property Address | 1640 E GROVE AVE, RANTOUL, IL 61866-2737 |
| Transaction Type | Mortgage |
| Record Updated | Aug 22, 2023 |
| Name | Verified Name |
|---|---|
| Address | 584 W GROVE AVE, RANTOUL, IL 61866-2245 |
| Document Number | 0000005855 |
|---|---|
| Date | May 09, 2023 |
| Instrument | 2023R05855 |
| Name | BANK OF RANTOUL |
|---|---|
| Type | Bank |
| Address | RANTOUL, IL 61866 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 60 Months |
| Due | May 04, 2028 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 8.5% |
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Property Address | 1640 E GROVE AVE, RANTOUL, IL 61866-2737 |
| Document Number | 0000012040 |
| Instrument Date | Jul 25, 2019 |
| Transaction Type | Mortgage |
| Record Updated | Aug 15, 2019 |
| Title Company | NOT AVAILABLE |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 1640 E GROVE AVE RANTOUL IL 618662737, RANTOUL, IL 61866-2737 |
| Document Number | 0000012040 |
|---|---|
| Date | Jul 29, 2019 |
| Instrument | 12040 |
| Name | BANK OF RANTOUL |
|---|---|
| Type | Bank |
| Address | RANTOUL, IL 61866 |
| Amount | Amount Recorded |
|---|---|
| Term | 60 Months |
| Due | Jul 28, 2024 |
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Property Address | 1640 E GROVE AVE, RANTOUL, IL 61866-2737 |
| Document Number | 0000012039 |
| Instrument Date | Jul 25, 2019 |
| Transaction Type | Mortgage |
| Record Updated | Aug 15, 2019 |
| Title Company | NOT AVAILABLE |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 1640 E GROVE AVE RANTOUL IL 618662737, RANTOUL, IL 61866-2737 |
| Document Number | 0000012039 |
|---|---|
| Date | Jul 29, 2019 |
| Instrument | 12039 |
| Name | BANK OF RANTOUL |
|---|---|
| Type | Bank |
| Address | RANTOUL, IL 61866 |
| Amount | Amount Recorded |
|---|---|
| Term | 60 Months |
| Due | Jul 28, 2024 |
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Property Address | 1640 E GROVE AVE, RANTOUL, IL 61866-2737 |
| Document Number | 0000012038 |
| Instrument Date | Jul 25, 2019 |
| Transaction Type | Mortgage |
| Record Updated | Aug 15, 2019 |
| Title Company | NOT AVAILABLE |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 1640 E GROVE AVE RANTOUL IL 618662737, RANTOUL, IL 61866-2737 |
| Document Number | 0000012038 |
|---|---|
| Date | Jul 29, 2019 |
| Instrument | 12038 |
| Name | BANK OF RANTOUL |
|---|---|
| Type | Bank |
| Address | RANTOUL, IL 61866 |
| Amount | Amount Recorded |
|---|---|
| Term | 60 Months |
| Due | Jul 28, 2024 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Property Address | 1640 E GROVE AVE, RANTOUL, IL 61866-2737 |
| Document Number | 0000016853 |
| Instrument Date | Sep 25, 2018 |
| Transaction Type | Mortgage |
| Record Updated | Jan 16, 2019 |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 1640 E GROVE AVE RANTOUL IL 618662737, RANTOUL, IL 61866-2737 |
| Document Number | 0000016853 |
|---|---|
| Date | Sep 27, 2018 |
| Instrument | 16853 |
| Name | BANK OF RANTOUL |
|---|---|
| Type | Bank |
| Address | RANTOUL, IL 61866 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 120 Months |
| Due | Sep 26, 2028 |
| Rate Type | Adjustable Rate |
|---|---|
| Rate | 6.75% |
Source: Champaign County records · Assessment roll updated April 29, 2026 · Last verified May 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Champaign County |
| County Subdivision | Rantoul Township |
| Municipality | Rantoul Village |
| Elementary School District | Rantoul City School District 137 (KG - 08) |
| Secondary School District | Rantoul Township High School District 193 (09 - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $84,620 (+37.86%) Land $33,420 Building $51,200 | $253,860 (+37.86%) Land $100,260 Building $153,600 | |
| 2024 | $7,311.00 (+12.82%) | ||
| 2022 | $6,480.00 | $61,380 Land $24,240 Building $37,140 | $184,140 Land $72,720 Building $111,420 |
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
| FEMA Flood Zone | Zone X |
|---|---|
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Special Flood Hazard Area | No |
| Wildfire Risk | Low above 4% of the US · above 26% of Illinois |
|---|---|
| Wildfire Likelihood | Less than 1 in 10,000 per year |
| Exposure | Direct burnable vegetation at the parcel |
Values are read at the parcel center point; lenders make the official flood determination.
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