Champaign County property record for 401 E Chalmers St, Champaign, IL 61820 · Last verified July 2026
| Property Type | Commercial > Retail |
|---|---|
| Architecture Style | Multi-Family |
| Lot Size | 11,501 sqft (0.264 acres) |
| Last Sale | $6,285,000 (2010) |
| Tax Bill | $127,828.00 (2025) |
| Primary APN | 46-21-18-182-001 |
|---|
| Units | 288 Units |
|---|
| Architectural Style | Multi-Family |
|---|---|
| Lot Area | 11,501 sqft (0.264 acres) |
| Street Address | 401 E CHALMERS ST |
|---|---|
| City | CHAMPAIGN |
| State | IL |
| Zip | 61820-6159 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Legal Description | LOT 1 BLOCK 3 HALLS 2ND ADD |
| Legal Range | 09E |
| Legal Township | 19N |
| Legal Section | 18 |
| Legal Subdivision | HALLS 2ND ADD |
| Legal Block | 3 |
| Legal Lot Number | 1 |
| Jurisdiction | CHAMPAIGN IL |
| Township / Civil Division | CHAMPAIGN CITY |
| Census Block Group | 1 |
| Census Block | 1008 |
| Census Tract | 401 |
Source: Champaign County records · APN 46-21-18-182-001
Assessment roll updated April 29, 2026 · Last verified July 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | 2 Company Names on File |
|---|---|
| Mailing Address | 505 S 5TH ST, CHAMPAIGN, IL 61820-5564 |
| Owner Type | Company |
| Vesting | Company |
| Date | Document |
|---|---|
| May 17, 2018 | Deed of Trust, Mortgage · Commercial Mortgage FIRST MIDWEST BANK |
| Nov 19, 2019 | Deed of Trust, Mortgage · Line of Credit BUSEY BANK |
| Nov 19, 2019 | Grant Deed, Mortgage · Line of Credit BUSEY BK |
| May 17, 2018 | Grant Deed, Mortgage · Line of Credit FIRST MIDWEST BK |
| Deed Names | 2 Verified Names on Deed |
|---|---|
| Last Sale | Oct 18, 2010 · Amount on Record |
| Deed Sale | Oct 18, 2010 · Amount on Record |
| Deed Document Number | 201024374 |
| Record Updated | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Property Address | 401 E CHALMERS ST, CHAMPAIGN, IL 61820-6159 |
| Transaction Type | Mortgage |
| Record Updated | Feb 07, 2021 |
| Name | Verified Name |
|---|
| Document Number | 0000007843 |
|---|---|
| Date | May 17, 2018 |
| Instrument | 2018R07843 |
| Name | FIRST MIDWEST BANK |
|---|---|
| Type | Bank |
| Address | CHICAGO, IL 60631 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Property Address | 401 E CHALMERS ST, CHAMPAIGN, IL 61820-6159 |
| Transaction Type | Mortgage |
| Record Updated | Feb 05, 2021 |
| Name | Verified Name |
|---|
| Document Number | 0000019494 |
|---|---|
| Date | Nov 19, 2019 |
| Instrument | 2019R19494 |
| Name | BUSEY BANK |
|---|---|
| Type | Bank |
| Address | CHAMPAIGN, IL 61820 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly |
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Recording Date | Nov 19, 2019 |
| Property Address | 401 E CHALMERS ST, CHAMPAIGN, IL 61820-6159 |
| Instrument Date | Nov 15, 2019 |
| Instrument | 19467 |
| Transaction Type | Mortgage |
| Record Updated | Dec 10, 2019 |
| Title Company | NOT AVAILABLE |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 505 S 5TH ST CHAMPAIGN IL 618205564, CHAMPAIGN, IL 61820-5564 |
| Document Number | 0000019467 |
|---|---|
| Date | Nov 19, 2019 |
| Instrument | 19467 |
| Name | BUSEY BK |
|---|---|
| Type | Bank |
| Address | 100 W UNIVERSITY AVE, CHAMPAIGN, IL 61820-3910 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Recording Date | May 17, 2018 |
| Property Address | 401 E CHALMERS ST, CHAMPAIGN, IL 61820-6159 |
| Instrument Date | May 14, 2018 |
| Instrument | 7841 |
| Transaction Type | Mortgage |
| Record Updated | Jan 14, 2019 |
| Title Company | CHICAGO TITLE COMPANY, CHICAGO TITLE CO |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 505 S 5TH ST CHAMPAIGN IL 618205564, CHAMPAIGN, IL 61820-5564 |
| Document Number | 0000007841 |
|---|---|
| Date | May 17, 2018 |
| Instrument | 7841 |
| Name | FIRST MIDWEST BK |
|---|---|
| Type | Bank |
| Address | 8750 W BRYN MAWR AVE # 1300, CHICAGO, IL 60631-3655 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
Source: Champaign County records · Assessment roll updated April 29, 2026 · Last verified July 2026
| 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) |
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 | $127,828.00 (+3.19%) | $1,521,120 (+27.46%) Land $248,830 Building $1,272,290 | $4,563,360 (+27.46%) Land $746,490 Building $3,816,870 |
| 2024 | $123,872.00 (+12.87%) | ||
| 2022 | $109,747.00 | $1,193,450 Land $186,330 Building $1,007,120 | $3,580,350 Land $558,990 Building $3,021,360 |
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
| FEMA Flood Zone | Zone X |
|---|---|
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Special Flood Hazard Area | No |
| 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.
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