Champaign County property record for 207 Wallace Ave, Champaign, IL 61822
| Property Type | Commercial |
|---|---|
| Lot Size | 0.08 acres (3,386 sqft) |
| Owner | Company Name on File |
| Last Sale | $160,000 (Nov 2025) |
| Tax Bill | $1,406 (2024) |
| Deeds & Mortgages | Nov 2025 Sale & Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 25-15-31-353-040 |
| Primary APN | 25-15-31-353-040 |
|---|---|
| Alternative APN |
|
| Lot Area | 3,386 sqft (0.08 acres) |
|---|---|
| Pole Barn | Pole Barn |
| Street Address | 207 WALLACE AVE |
|---|---|
| City | CHAMPAIGN |
| State | IL |
| Zip | 61822-1335 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Legal Description | LOTS 253, 254, 255 WILBER HEIGHTS |
| Legal Range | 09E |
| Legal Township | 20N |
| Legal Section | 31 |
| Legal Subdivision | WILBER HEIGHTS |
| Legal Lot Number | 253 |
| Jurisdiction | CHAMPAIGN IL |
| Township / Civil Division | SOMER |
| Census Block Group | 4 |
| Census Block | 4007 |
| Census Tract | 800 |
207 Wallace Ave, a commercial property, is owned by a company that bought it in November 2025.
Source: Champaign County records, as of April 29, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 206 WILBER AVE, CHAMPAIGN, IL 61822-1324 |
| Owner Type | Company |
| Vesting | Limited 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.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Nov 17, 2025 · Amount on File |
| Deed Sale | Nov 17, 2025 · Amount on File |
| Deed Document Number | 202517616 |
| Record Updated | Oct 29, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Recording Date | Nov 17, 2025 |
| Property Address | 207 WALLACE AVE, CHAMPAIGN, IL 61822-1335 |
| Document Number | 0000017616 |
| Map Reference | MB E PG 326 |
| Instrument Date | Nov 14, 2025 |
| Instrument | 2025R17616 |
| Transaction Type | Transfer |
| Record Updated | Dec 1, 2025 |
| Title Company | ATTORNEY ONLY, ATTORNEY |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $160.00 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 206 WILBER AVE, CHAMPAIGN, IL 61822-1324 |
| Document Number | 0000017617 |
|---|---|
| Date | Nov 17, 2025 |
| Instrument | 2025R17617 |
| Name | FIRST STATE BANK & TRUST |
|---|---|
| Type | Bank |
| Type | Non-Conforming Investor Loan |
|---|---|
| Amount | Amount on Record |
| Term | 60 Months |
| Due | Nov 1, 2030 |
Source: Champaign County assessment roll, as of April 29, 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Champaign County |
| County Subdivision | Somer Township |
| Unified School District | Champaign Community Unit School District 4 (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $20,300 (+8.79%) Land $3,850 Building $16,450 | $60,900 (+8.79%) Land $11,550 Building $49,350 | |
| 2024 | $1,406.00 | $18,660 Land $3,540 Building $15,120 | $55,980 Land $10,620 Building $45,360 |
| 2022 | $1,314.00 | $16,360 Land $3,100 Building $13,260 | $49,080 Land $9,300 Building $39,780 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
FEMA maps place 207 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 Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Community Rating System | Class 5 (25% premium discount) |
| Nearby Flood Policies | 2 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.
The area around 207 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 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.
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 |
| 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.
Source: FCC Broadband Data Collection, based on 100 locations within half a mile, as of December 31, 2025
| Provider | Max 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.
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