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2881 Co Rd 2500 E, Penfield, IL 61862 Property Records

Champaign County property record for 2881 Co Rd 2500 E, Penfield, IL 61862

Property Summary

Property TypeSingle Family Home
Details1 ba · 1,408 sqft · built 1979
Lot Size1.12 acres (48,787 sqft)
Owner2 Individual Names on File
Last Sale$185,000 (Mar 2016)
Tax Bill$26 (2024)
Deeds & MortgagesMay 2026 Mortgage
Nov 2020 Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN06-11-07-200-003

Property Details

APN / Parcel Number

Primary APN06-11-07-200-003

Interior

Full Baths1 Bath
Stories2 Stories
Building Area1,408 sqft Living Area
Gross Area2,860 sqft
1st Floor Area450 sqft
Basement Area808 sqft

Exterior

Year BuiltBuilt 1979
Effective Year BuiltEffective 1979
Architectural StyleA-Frame
Exterior MaterialWood
Construction TypeFrame
Foundation TypeRaised
Lot Area48,787 sqft (1.12 acres)
Garage TypeAttached
Garage Area644 sqft
Parking Spaces2 Parking Spaces

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral

Location & Zoning

Street Address2881 COUNTY ROAD 2500 E
CityPENFIELD
StateIL
Zip61862-9736
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal Range11E
Legal Township21N
Legal Section07
JurisdictionCHAMPAIGN IL
Township / Civil DivisionCOMPROMISE
Census Block Group3
Census Block3024
Census Tract10400

Owner

2881 Co Rd 2500 E is owned and occupied by two individuals who bought it in March 2016.

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

Owner of Record2 Individual Names on File
Mailing Address2881 COUNTY ROAD 2800 E, PENFIELD, IL 61862
OccupancyOwner Occupied
Owner TypeIndividual
VestingTenants by the Entirety

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
May 14, 2026Deed of Trust, Mortgage · Conventional Mortgage
CARRINGTON MORTGAGE SERVICES LLC
Nov 19, 2020Deed of Trust, Mortgage · VA Mortgage
GUARANTEED RATE INC
Mar 2, 2018Deed of Trust, Mortgage · VA Mortgage
PRIME LNDG

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleMar 21, 2016 · Amount on File
Deed SaleMar 21, 2016 · Amount on File
Deed Document Number20164528
Record UpdatedOct 29, 2026

May 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Recording DateMay 14, 2026
Property Address2881 COUNTY ROAD 2500 E, PENFIELD, IL 61862-9736
Document Number0000007143
Instrument DateMay 8, 2026
Instrument20267143
Transaction TypeMortgage
Record UpdatedJul 12, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants by the Entirety, 298
Address2881 COUNTY ROAD 2500 E, PENFIELD, IL 61862-9736

Mortgage

Document Number0000007143,
DateMay 14, 2026
Instrument20267143
Lender
NameCARRINGTON MORTGAGE SERVICES LLC
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term180 Months
DueJun 1, 2041
Interest
Rate TypeFixed Rate
Rate7.88%
Initial TypeFixed Rate
Max Rate-1%

November 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address2881 COUNTY ROAD 2500 E, PENFIELD, IL 61862-9736
Transaction TypeMortgage
Record UpdatedApr 27, 2021
Title CompanyRAVENSWOOD TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000024273
DateNov 19, 2020
Instrument2020R24273
Lender
NameGUARANTEED RATE INC
TypeMortgage Company
AddressCHICAGO, IL 60613
Agreement
TypeVA Mortgage
AmountAmount on Record
Term361 Months
DueDec 1, 2050

March 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address2881 COUNTY ROAD 2500 E, PENFIELD, IL 61862-9736
Document Number0000003403
Instrument DateMar 2, 2018
Transaction TypeMortgage
Record UpdatedMar 26, 2018
Title CompanyNATIONWIDE TITLE CLEARING INC

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address2881 COUNTY ROAD 2500 E PENFIELD IL 618629736, PENFIELD, IL 61862-9736

Mortgage

Document Number0000003403
DateMar 8, 2018
Instrument3403
Lender
NamePRIME LNDG
AddressDALLAS, TX 75252
Agreement
TypeVA Mortgage
AmountAmount on Record
Term360 Months
DueMar 7, 2048
Interest
Rate3.87%

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyChampaign County
County SubdivisionCompromise Township
Secondary School DistrictArmstrong Township High School District 225 (09 - 12)
Elementary School DistrictGifford Community Consolidated School District 188 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$83,790 Land $7,830 Building $75,960$251,370 Land $23,490 Building $227,880
2024$26.00
2022$23.00 Homeowner's exemption$67,860 Land $6,360 Building $61,500

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.

Flood

FEMA maps place 2881 Co Rd 2500 E in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective July 14, 2021

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

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

Wildfire

The area around 2881 Co Rd 2500 E 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 2 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Nextlink
Fixed Wireless		1,000 / 500
Verizon
Fixed Wireless		300 / 20
T-Mobile
Fixed Wireless		100 / 20
Rise Broadband
Fixed Wireless		25 / 5
AT&T
Fixed Wireless		25 / 3
Watch TV
Fixed Wireless		10 / 1

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