20780 E 550th St, Colona, IL 61241 Property Records

Henry County property record for 20780 E 550th St, Colona, IL 61241

Property Summary

Property Type	General Industrial
Lot Size	4.9 acres (213,444 sqft)
Owner	Company Name on File
Last Sale	$390,000 (Dec 2022)
Tax Bill	$6,555 (2025)
Deeds & Mortgages	Dec 2022 Sale & Line of Credit May 2018 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`06-24-200-004`

Property Details

APN / Parcel Number

Primary APN	`06-24-200-004`

Exterior

Lot Area	213,444 sqft (4.9 acres)

Location & Zoning

Street Address	20780 E 550TH ST
City	COLONA
State	IL
Zip	61241-8632
Property Category	Industrial
Property Type	Industrial > General Industrial
Legal Description	N516.11 OF S1527.4 OF W422, EX RD,W NE SEC 24 T17N R1E LANDS INCORP [TIF]
Legal Range	01E
Legal Township	17N
Legal Section	24
Legal Subdivision	LANDS INCORP
Legal Block	200
Jurisdiction	HENRY IL
Township / Civil Division	COLONA
Census Block Group	1
Census Block	1070
Census Tract	30100

Owner

Source: Henry County records · APN 06-24-200-004

Assessment roll updated June 19, 2026 · Last verified June 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on File
Mailing Address	20812 E 550TH ST, COLONA, IL 61241-8603
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Dec 21, 2022	Warranty Deed, Transfer · Line of Credit BLACKHAWK BANK & TRUST
May 29, 2018	Deed of Trust, Mortgage · Commercial Mortgage MIDWEST BANK
Jun 05, 2017	Deed, Transfer · Commercial Mortgage MIDWEST BANK

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Dec 21, 2022 · Amount on Record
Deed Sale	Dec 21, 2022 · Amount on Record
Prior Sale	Jun 05, 2017 · Amount on Record
Deed Document Number	20227276
Prior Transfer Date	Apr 21, 2016
Prior Transfer Doc	0000002500
Record Updated	Sep 20, 2026

December 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENRY IL
Recording Date	Dec 21, 2022
Property Address	20780 E 550TH ST, COLONA, IL 61241-8632
Document Number	0000007276
Instrument Date	Dec 21, 2022
Instrument	20-2207276
Transaction Type	Transfer
Record Updated	Jan 04, 2023
Title Company	WESTERN ILLINOIS TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$390.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	20812 E 550TH ST, COLONA, IL 61241-8603

Mortgage

Document Number	0000007277
Date	Dec 21, 2022
Instrument	20-2207277

Lender

Name	BLACKHAWK BANK & TRUST
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded

May 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENRY IL
Property Address	20780 E 550TH ST, COLONA, IL 61241-8632
Transaction Type	Mortgage
Record Updated	Aug 27, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000002945
Date	May 29, 2018
Instrument	20-1802945

Lender

Name	MIDWEST BANK
Type	Bank
Address	MONMOUTH, IL 61462

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	300 Months
Due	May 01, 2043

Interest

Rate Type	Adjustable Rate
Rate	5.75%
Change Frequency	Monthly

June 2017: Deed, Transfer

Document Type	Deed
Jurisdiction	HENRY IL
Recording Date	Jun 05, 2017
Property Address	20780 E 550TH ST, COLONA, IL 61241-8632
Document Number	0000003160
Instrument Date	May 06, 2017
Instrument	20-1703160
Transaction Type	Transfer
Record Updated	Jun 15, 2021
Title Company	ATTORNEY

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$375.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1420 N MAIN ST, MONMOUTH, IL 61462-5224

Mortgage

Document Number	0000003161
Date	Jun 05, 2017
Instrument	20-1703161

Lender

Name	MIDWEST BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	301 Months
Due	Jul 01, 2042

Interest

Rate	2.01%

Tax Assessment & Valuation

Source: Henry County records · Assessment roll updated June 19, 2026 · Last verified June 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Henry County
County Subdivision	Colona Township
Municipality	Colona City
Unified School District	Geneseo Community Unit School District 228 (PK - 12)

Tax Bill & Assessment History

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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$6,555.00 (-1.31%)	$83,333 (-) Land $30,555 Building $52,778	$249,999 (-) Land $91,665 Building $158,334
2024	$6,642.00 (+32.97%)	$83,333 (-) Land $30,555 Building $52,778	$249,999 (-) Land $91,665 Building $158,334
2022		$83,333 Land $30,555 Building $52,778	$249,999 Land $91,665 Building $158,334
2021	$4,995.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of June 2, 2011 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

Wildfire

Wildfire Risk	Low lower than 99.1% of the US · lower than 94% of Illinois
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

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.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

Provider	Max Down / Up (Mbps)
Metronet Holdings Fiber	5,120 / 5,120
Geneseo Communications Fiber · Fixed Wireless	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
AMG Technology Investment Group Fixed Wireless	100 / 20
T-Mobile USA Fixed Wireless	100 / 20

May also be available: Mediacom Communications.

Based on FCC filings for 7 locations within half a mile of this property.

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