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1702 E Colorado Ave, Urbana, IL 61802 Property Records

Champaign County property record for 1702 E Colorado Ave, Urbana, IL 61802

Property Summary

Property TypeCommercial
Lot Size0.9 acres (418,833 sqft)
OwnerCompany Name on File
Last Sale$5,726,500 (May 2008)
Tax Bill$278,266 (2024)
Deeds & MortgagesMar 2021 Sale
Flood ZoneZone X (minimal risk)
APN93-21-21-201-015

Property Details

APN / Parcel Number

Primary APN93-21-21-201-015
Alternative APN
  • 932121200041

Interior

Units16 Units

Exterior

Architectural StyleMulti-Family
Lot Area418,833 sqft (0.9 acres)

Location & Zoning

Street Address1702 E COLORADO AVE
CityURBANA
StateIL
Zip61802-8653
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT 1 SUNNYCREST APARTMENTS 2
Legal Range09E
Legal Township19N
Legal Section21
Legal SubdivisionSUNNYCREST APARTMENTS 2
Legal Lot Number1
JurisdictionCHAMPAIGN IL
Township / Civil DivisionCUNNINGHAM
Census Block Group1
Census Block1001
Census Tract5602

Owner

1702 E Colorado Ave, a commercial property, is owned by a company that acquired it in March 2021.

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

Owner of RecordCompany Name on File
Mailing Address4950 MADISON ST, SKOKIE, IL 60077-2570
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

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMay 1, 2008 · Amount on File
Deed SaleMay 1, 2008 · Amount on File
Deed Document Number200811028
Last Transfer DateMar 1, 2021
Transfer Doc0000004572
Record UpdatedOct 29, 2026

March 2021: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCHAMPAIGN IL
Recording DateMar 3, 2021
Property Address1702 E COLORADO AVE, URBANA, IL 61802-8653
Document Number0000004572
Map ReferenceMB CC PG 233
Instrument DateMar 1, 2021
Instrument2021R04572
Transaction TypeTransfer
Record UpdatedApr 28, 2022
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address7366 N LINCOLN AVE STE 304, 304, LINCOLNWOOD, IL 60712-1740

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$2,854,400 Land $163,440 Building $2,690,960$8,563,200 Land $490,320 Building $8,072,880
2024$278,266.00
2022$245,345.00$2,266,680 Land $129,790 Building $2,136,890$6,800,040 Land $389,370 Building $6,410,670

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

FEMA maps place 1702 E Colorado Ave 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 1702 E Colorado Ave 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 99.1% of the US · lower than 94% 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 233 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
i3 Broadband
Fiber		8,000 / 8,000
Xfinity
Cable		2,000 / 250
Verizon
Fixed Wireless		300 / 20
AT&T
Fixed Wireless · Fiber in parts of the area		100 / 20
T-Mobile
Fixed Wireless		100 / 20

May also be available: Nextlink, Pavlov Media.

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