1. Home
  2. Illinois
  3. Champaign County
  4. Champaign
  5. Wallace Ave

201 Wallace Ave, Champaign, IL 61822 Property Records

Champaign County property record for 201 Wallace Ave, Champaign, IL 61822

Property Summary

Property TypeCommercial
Lot Size0.213 acres (9,297 sqft)
OwnerCompany Name on File
Last Sale$18,000 (Oct 2023)
Tax Bill$1,133 (2024)
Deeds & MortgagesOct 2023 Sale
Aug 2019 Sale
Flood ZoneZone X (minimal risk)
APN25-15-31-353-001

Property Details

APN / Parcel Number

Primary APN25-15-31-353-001

Exterior

Lot Area9,297 sqft (0.213 acres)

Location & Zoning

Street Address201 WALLACE AVE
CityCHAMPAIGN
StateIL
Zip61822-1335
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOTS 278, 279, 280 WILBER HEIGHTS
Legal Range09E
Legal Township20N
Legal Section31
Legal SubdivisionWILBER HEIGHTS
Legal Lot Number278
JurisdictionCHAMPAIGN IL
Township / Civil DivisionSOMER
Census Block Group4
Census Block4007
Census Tract800

Owner

201 Wallace Ave, a commercial property, is owned by a company that bought it in October 2023.

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

Owner of RecordCompany Name on File
Mailing Address305 W CHESTNUT ST, BONDVILLE, IL 61815-3413
Owner TypeCompany
VestingLimited Liability Partnership

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

DateDocument
Oct 20, 2023Warranty Deed, Transfer
ACCOMODATION, ACCOMMODATION
Aug 30, 2019Grant Deed, Transfer
ATTORNEY ONLY

Assessor's Deed Record

Deed NamesName on Deed
Last SaleOct 20, 2023 · Amount on File
Deed SaleOct 20, 2023 · Amount on File
Deed Document Number202315109
Record UpdatedJun 8, 2026

October 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCHAMPAIGN IL
Recording DateOct 20, 2023
Property Address201 WALLACE AVE, CHAMPAIGN, IL 61822-1335
Document Number0000015109
Map ReferenceMB E PG 326
Instrument DateOct 20, 2023
Instrument2023R15109
Transaction TypeTransfer
Record UpdatedOct 30, 2023
Title CompanyACCOMODATION, ACCOMMODATION

Transaction

AmountAmount on Record
Tax$18.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address305 W CHESTNUT ST, BONDVILLE, IL 61815-3413

August 2019: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionCHAMPAIGN IL
Recording DateAug 30, 2019
Property Address201 WALLACE AVE, CHAMPAIGN, IL 61822-1335
Document Number0000014205
Instrument DateAug 30, 2019
Instrument14205
Transaction TypeTransfer
Record UpdatedSep 25, 2019
Title CompanyATTORNEY ONLY

Transaction

Tax$0.00
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address24050 OLD SEATON HILL RD DANVILLE IL 618347440, DANVILLE, IL 61834-7440

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$16,240 (+8.77%) Land $4,720 Building $11,520$48,720 (+8.77%) Land $14,160 Building $34,560
2024$1,133.00 (+2.72%)$14,930 Land $4,340 Building $10,590$44,790 Land $13,020 Building $31,770
2023$1,103.00 (+4.15%)
2022$1,059.00$13,090 Land $3,800 Building $9,290$39,270 Land $11,400 Building $27,870

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 201 Wallace Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective July 14, 2021 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies2 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 201 Wallace Ave has no burnable land within ember reach, so its wildfire risk is not rated.

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 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 100 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
i3 Broadband
Fiber		8,000 / 8,000
Pavlov Media
Fiber		2,000 / 2,000
Xfinity
Cable		2,000 / 250
Nextlink
Fixed Wireless		500 / 500
Verizon
Fixed Wireless		300 / 20
Mediacom Xtream
Fixed Wireless		100 / 20

May also be available: AT&T, T-Mobile.

Nearby Properties on Wallace Ave

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures