2502 N Prospect Ave, Champaign, IL 61822 Property Records

Champaign County property record for 2502 N Prospect Ave, Champaign, IL 61822 · Last verified May 2026

Property Summary

Property TypeCommercial
OwnerCompany Name on File
Last Sale$2,000,000 (Dec 2019)
Tax Bill$44,983 (2024)
Deeds & MortgagesDec 2025 Mortgage
Dec 2019 Sale & Line of Credit
Flood ZoneZone X (minimal risk)
APN41-14-36-301-015

Property Details

APN / Parcel Number

Primary APN41-14-36-301-015

Location & Zoning

Street Address2502 N PROSPECT AVE
CityCHAMPAIGN
StateIL
Zip61822-1462
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT 2102 NORTHTOWN SUB, REPLAT OF LOT 1102 OF THE REPLAT OF LOT 101
Legal SubdivisionNORTHTOWN SUB, REPLAT OF LOT 1102 OF THE
Legal Lot Number2102
JurisdictionCHAMPAIGN IL
Township / Civil DivisionCHAMPAIGN CITY
Census Block Group1
Census Block1002
Census Tract800

Owner

Source: Champaign County records · APN 41-14-36-301-015

Assessment roll updated April 29, 2026 · Last verified May 2026

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

Owner of RecordCompany Name on File
Mailing Address13238 WOOD DUCK DR, PLAINFIELD, IL 60585-7994
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Dec 03, 2025Deed of Trust, Mortgage · Non-Conforming Investor Loan
FIRST BANK CHICAGO
Dec 17, 2019Special Warranty Deed, Transfer · Line of Credit
FIRST MIDWEST BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleDec 17, 2019 · Amount on Record
Deed SaleDec 17, 2019 · Amount on Record
Deed Document Number201921107
Record UpdatedJun 08, 2026

December 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address2502 N PROSPECT AVE, CHAMPAIGN, IL 61822-1462
Transaction TypeMortgage
Record UpdatedDec 11, 2025
Title CompanyATA NATIONAL TITLE GROUP LLC

Transferred To (Grantee/Buyer)

NameVerified Name
Address25029-2506 N PROSPECT AVE, CHAMPAIGN, IL 61822

Mortgage

Document Number0000018521
DateDec 03, 2025
Instrument2025R18521
Lender
NameFIRST BANK CHICAGO
TypeBank
AddressNORTHBROOK, IL 60062
Agreement
TypeNon-Conforming Investor Loan
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

December 2019: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCHAMPAIGN IL
Recording DateDec 17, 2019
Property Address2502 N PROSPECT AVE, CHAMPAIGN, IL 61822-1462
Document Number0000021107
Map ReferenceDOC 2017R01750
Instrument DateDec 05, 2019
Instrument2019R21107
Transaction TypeTransfer
Record UpdatedApr 28, 2022
Title CompanySTEWART TITLE NTS CHICAGO

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$3,000.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address13238 WOOD DUCK DR, PLAINFIELD, IL 60585-7994

Mortgage

Document Number0000021109
DateDec 17, 2019
Instrument2019R21109
Lender
NameFIRST MIDWEST BANK
TypeBank
AddressCHICAGO, IL 60631
Agreement
TypeLine of Credit
AmountAmount Recorded

Tax Assessment & Valuation

Source: Champaign County records · Assessment roll updated April 29, 2026 · Last verified May 2026

Property Jurisdictions

TypeName
StateIllinois
CountyChampaign County
County SubdivisionChampaign City Township
MunicipalityChampaign City
Unified School DistrictChampaign Community Unit School District 4 (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.

YearTax BillAssessed ValueAssessed Market Value
2025$578,770 (+33.54%) Land $129,310 Building $449,460$1,736,310 (+33.54%) Land $387,930 Building $1,348,380
2024$44,983.00 (+12.87%)
2022$39,854.00$433,400 Land $96,830 Building $336,570$1,300,200 Land $290,490 Building $1,009,710

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Champaign County (17019C), updated July 14, 2021 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 35 locations within about half a mile of this property

ProviderTechnologyDownload / Upload (Mbps)
XfinityCable1,200 / 35
AMG Technology Investment GroupFixed Wireless (unlicensed)500 / 500
Mediacom CommunicationsFixed Wireless100 / 20

May also be available at this address: AT&T, Verizon, T-Mobile USA. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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