1720 Philo Rd, Urbana, IL 61802 Property Records

Champaign County property record for 1720 Philo Rd, Urbana, IL 61802

Property Summary

Property Type	Commercial
Lot Size	1.42 acres (62,144 sqft)
Owner	Company Name on Record
Last Sale	$647,500 (Jan 2022)
Tax Bill	$31,653 (2024)
Deeds & Mortgages	Jan 2022 Sale & Line of Credit Jun 2019 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`93-21-21-201-012`

Property Details

APN / Parcel Number

Primary APN	`93-21-21-201-012`

Interior

Units	6 Units

Exterior

Lot Area	62,144 sqft (1.42 acres)

Location & Zoning

Street Address	1720 PHILO RD
City	URBANA
State	IL
Zip	61802-6301
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	LOT 1 CTC SUB
Legal Range	09E
Legal Township	19N
Legal Section	21
Legal Subdivision	CTC SUB
Legal Lot Number	1
Jurisdiction	CHAMPAIGN IL
Township / Civil Division	CUNNINGHAM
Census Block Group	1
Census Block	1001
Census Tract	5602

Owner

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

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on Record
Mailing Address	2729 TAPESTRY DR, OKEMOS, MI 48864-4611
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Jan 5, 2022	Special Warranty Deed, Transfer · Line of Credit MORTON COMMUNITY BANK
Jun 17, 2019	Deed of Trust, Mortgage · Commercial Mortgage FIRST NEIGHBOR BANK NA
Dec 16, 2019	Deed of Trust, Mortgage · Line of Credit FIRST NEIGHBOR BANK NA
Jan 30, 2017	Loan Modification, Mortgage FIRST FIN'L BK&TR

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 5, 2022 · Amount on Record
Deed Sale	Jan 5, 2022 · Amount on Record
Prior Sale	Aug 12, 2013
Deed Document Number	2022238
Prior Transfer Date	Aug 9, 2013
Prior Transfer Doc	0000019603
Record Updated	Sep 20, 2026

January 2022: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	CHAMPAIGN IL
Recording Date	Jan 5, 2022
Property Address	1720 PHILO RD, URBANA, IL 61802-6301
Document Number	0000000238
Map Reference	DOC 2007R03674
Instrument Date	Dec 30, 2021
Instrument	2022R00238
Transaction Type	Transfer
Record Updated	Jan 12, 2022

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$647.50
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	510 S NEIL ST, 510, CHAMPAIGN, IL 61820-5220

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2729 TAPESTRY DR, OKEMOS, MI 48864-4611

Mortgage

Document Number	0000000239
Date	Jan 5, 2022
Instrument	2022R00239

Lender

Name	MORTON COMMUNITY BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded

June 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CHAMPAIGN IL
Property Address	1720 PHILO RD, URBANA, IL 61802-6301
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000009116
Date	Jun 17, 2019
Instrument	2019R09116

Lender

Name	FIRST NEIGHBOR BANK NA
Type	Bank
Address	MATTOON, IL 61938

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

December 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CHAMPAIGN IL
Property Address	1720 PHILO RD, URBANA, IL 61802-6301
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000021090
Date	Dec 16, 2019
Instrument	2019R21090

Lender

Name	FIRST NEIGHBOR BANK NA
Type	Bank
Address	HUME, IL 61932

Agreement

Type	Line of Credit
Amount	Amount Recorded

January 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	CHAMPAIGN IL
Property Address	1720 PHILO RD, URBANA, IL 61802-6301
Document Number	0000005412
Instrument Date	Jan 30, 2017
Transaction Type	Mortgage
Record Updated	Apr 26, 2017

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	510 S NEIL ST CHAMPAIGN IL 618205220, CHAMPAIGN, IL 61820-5220

Mortgage

Document Number	0000005412
Date	Mar 31, 2017
Instrument	5412

Lender

Name	FIRST FIN'L BK&TR
Type	Funding / Finance Company
Address	URBANA, IL 61801

Agreement

Amount	Amount Recorded
Term	12 Months
Due	Mar 30, 2018

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Champaign County
County Subdivision	Cunningham Township
Municipality	Urbana City
Unified School District	Urbana School District 116 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$324,700 (+5.8%) Land $285,590 Building $39,110	$974,100 (+5.8%) Land $856,770 Building $117,330
2024	$31,653.00 (+6.27%)	$306,900 (+19.02%) Land $269,930 Building $36,970	$920,700 (+19.02%) Land $809,790 Building $110,910
2023	$29,785.00 (+6.72%)
2022	$27,909.00	$257,850 Land $226,790 Building $31,060	$773,550 Land $680,370 Building $93,180

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 Zone	Zone X minimal risk
Flood Insurance Requirement	Not 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 Risk	Not 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 System	IL AMERICAN-CHAMPAIGN private · serves 150,000 people · EPA ID IL0195300
Water Source	Groundwater
Last State Inspection	Sep 2025
Lead	1 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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

Provider	Max 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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