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202 Walnut St, Cherry Valley, IL 61016 Property Records

Winnebago County property record for 202 Walnut St, Cherry Valley, IL 61016

Property Summary

Property TypeCommercial
Details2,466 sqft · built 1900
Lot Size0.176 acres (7,682 sqft)
OwnerCompany Name on File
Last Sale$220,000 (Jul 2026)
Tax Bill$3,228 (2025)
Deeds & MortgagesSep 2026 Mortgage
Jul 2026 Sale
Flood ZoneZone X (minimal risk)
APN253B002

Property Details

APN / Parcel Number

Primary APN253B002
Alternative APN
  • 1601127008

Interior

Stories1 Story
Building Area2,466 sqft Gross Area
1st Floor Area2,466 sqft

Exterior

Year BuiltBuilt 1900
Effective Year BuiltEffective 1900
Lot Area7,682 sqft (0.176 acres)
Total Buildings2 Buildings

Utilities, Heating & Cooling

Cooling SystemCentral
Heating FuelGas

Location & Zoning

Account Number253B002
Street Address202 WALNUT ST
CityCHERRY VALLEY
StateIL
Zip61016-9488
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeCC
Legal DescriptionPLAT OF CHERRY VALLEY LOT 004 BLOCK 001
Legal SubdivisionPLAT OF CHERRY VALLEY
Legal Block001
Legal Lot Number004
JurisdictionWINNEBAGO IL
Township / Civil DivisionCHERRY VALLEY
Census Block Group2
Census Block2001
Census Tract3705

Owner

202 Walnut St, a commercial property, is owned by a company that bought it in July 2026.

Source: Winnebago County records, as of September 18, 2026

Owner of RecordCompany Name on File
Mailing Address202 WALNUT ST, CHERRY VALLEY, IL 61016-9488
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
Sep 3, 2026Deed of Trust, Mortgage · Conventional Mortgage
MIDLAND STATES BANK
Jul 27, 2026Warranty Deed, Transfer
NONE LISTED ON DOCUMENT

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 27, 2026 · Amount on File
Deed SaleJul 27, 2026 · Amount on File
Deed Document Number202619219
Record UpdatedOct 29, 2026

September 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWINNEBAGO IL
Recording DateSep 3, 2026
Property Address202 WALNUT ST, CHERRY VALLEY, IL 61016-9488
Document Number0000023392
Instrument DateSep 1, 2026
Instrument202623392
Transaction TypeMortgage
Record UpdatedSep 18, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership, 266
Address202 WALNUT ST, CHERRY VALLEY, IL 61016-9488

Mortgage

Document Number0000023392,
DateSep 3, 2026
Instrument202623392
Lender
NameMIDLAND STATES BANK
Agreement
TypeConventional Mortgage
AmountAmount on Record
Interest
Rate TypeAdjustable Rate
Rate6.75%
Initial TypeAdjustable Rate
AdjustableAdjustable Rate Rider
Max Rate-1%

July 2026: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionWINNEBAGO IL
Recording DateJul 27, 2026
Property Address202 WALNUT ST, CHERRY VALLEY, IL 61016-9488
Document Number0000019219
Instrument DateJul 27, 2026
Instrument202619219
Transaction TypeTransfer
Record UpdatedAug 10, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

AmountAmount on Record
Tax$33,330.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership
Address202 WALNUT ST, CHERRY VALLEY, IL 61016-9488

Tax Assessment & Valuation

The 2025 property tax bill for 202 Walnut St was $3,228.

Source: Winnebago County assessment roll, as of July 28, 2026

Property Jurisdictions

TypeName
StateIllinois
MunicipalityCherry Valley Village
CountyWinnebago County
County SubdivisionCherry Valley Township
Unified School DistrictRockford School District 205 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$3,228.00$44,909 Land $9,113 Building $35,796$134,727 Land $27,339 Building $107,388
2022$34,412 Land $6,983 Building $27,429$103,236 Land $20,949 Building $82,287

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 202 Walnut St in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective July 12, 2023 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies2 in force
Nearby Flood Claims3 (1994–2007)
Claims Outside the SFHA3 of 3
Most Recent ClaimAug 2007 · rainfall accumulation

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

Wildfire risk around 202 Walnut St 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 98% of the US · lower than 86% 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 213 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable		2,000 / 250
Verizon
Fixed Wireless		300 / 20
T-Mobile
Fixed Wireless		100 / 20

May also be available: Surf Internet.

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