302 S Prospect Ave, Champaign, IL 61820 Property Records

Champaign County property record for 302 S Prospect Ave, Champaign, IL 61820 · Last verified May 2026

Property Summary

Property Type	Single Family Home
Details	1.5 ba · 954 sqft · built 1946
Lot Size	0.218 acres (9,480 sqft)
Owner	Individual Name on File
Last Sale	$175,000 (Apr 2020)
Tax Bill	$5,529 (2024)
Deeds & Mortgages	Apr 2020 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`42-20-12-353-001`

Property Details

APN / Parcel Number

Primary APN	`42-20-12-353-001`

Interior

Full Baths	1.5 Baths
Half Baths	1 Half Bath
Building Area	954 sqft Building Perimeter
1st Floor Area	954 sqft
Flooring	Wood
Interior Walls	Plaster

Exterior

Year Built	Built 1946
Effective Year Built	Effective 1946
Exterior Material	Brick Veneer
Roof Material	Other
Lot Area	9,480 sqft (0.218 acres)
Garage Type	Detached
Garage Area	308 sqft
Parking Spaces	1 Parking Space
Deck Area	166 sqft
Patio Area	176 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Central

Location & Zoning

Street Address	302 S PROSPECT AVE
City	CHAMPAIGN
State	IL
Zip	61820-4715
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 2 FAULKNERS, LESLIE W., SUB
Legal Range	08E
Legal Township	19N
Legal Section	12
Legal Subdivision	FAULKNERS, LESLIE W., SUB
Legal Lot Number	2
Jurisdiction	CHAMPAIGN IL
Township / Civil Division	CHAMPAIGN CITY
Census Block Group	1
Census Block	1015
Census Tract	11002

Owner

Source: Champaign County records · APN 42-20-12-353-001

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 Record	Individual Name on File
Mailing Address	302 S PROSPECT AVE, CHAMPAIGN, IL 61820-4715
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Tenants by the Entirety

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Apr 21, 2020 · Amount on Record
Deed Sale	Apr 21, 2020 · Amount on Record
Deed Document Number	20206408
Record Updated	Jun 08, 2026

April 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CHAMPAIGN IL
Recording Date	Apr 21, 2020
Property Address	302 S PROSPECT AVE, CHAMPAIGN, IL 61820-4715
Document Number	0000006408
Map Reference	MB F PG 287
Instrument Date	Apr 08, 2020
Instrument	2020R06408
Transaction Type	Transfer
Record Updated	Apr 28, 2022
Title Company	ATTORNEY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$175.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	302 S PROSPECT AVE, CHAMPAIGN, IL 61820-4715

Mortgage

Document Number	0000006409
Date	Apr 21, 2020
Instrument	2020R06409

Lender

Name	BUSEY BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	May 01, 2050

Interest

Rate Type	Fixed Rate
Rate	3.62%

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Champaign County
County Subdivision	Champaign City Township
Municipality	Champaign City
Unified School District	Champaign 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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$77,880 (+33.54%) Land $23,600 Building $54,280	$233,640 (+33.54%) Land $70,800 Building $162,840
2024	$5,529.00 (+14.92%)
2022	$4,811.00 Homeowner's exemption	$58,320 Land $17,670 Building $40,650	$174,960 Land $53,010 Building $121,950

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 Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

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