401 Springfield Ave, Urbana, IL 61801 Property Records

Champaign County property record for 401 Springfield Ave, Urbana, IL 61801

Property Summary

Property TypeCommercial
Lot Size0.155 acres (6,738 sqft)
OwnerCompany Name on Record
Last Sale$457,000 (Dec 2021)
Tax Bill$20,386 (2024)
Deeds & MortgagesApr 2022 Line of Credit
Dec 2021 Sale
Flood ZoneZone X (minimal risk)
APN92-21-17-131-006

Property Details

APN / Parcel Number

Primary APN92-21-17-131-006

Interior

Units4 Units

Exterior

Lot Area6,738 sqft (0.155 acres)

Location & Zoning

Street Address401 SPRINGFIELD AVE
CityURBANA
StateIL
Zip61801-8811
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT 1 ROES 4TH ADD
Legal Range09E
Legal Township19N
Legal Section17
Legal SubdivisionROES 4TH ADD
Legal Lot Number1
JurisdictionCHAMPAIGN IL
Township / Civil DivisionCUNNINGHAM
Census Block Group1
Census Block1001
Census Tract5800

Owner

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

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

Owner of RecordCompany Name on Record
Mailing Address2500 GALEN DR, 10, CHAMPAIGN, IL 61821-7050
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
Apr 6, 2022Deed of Trust, Mortgage · Line of Credit
BUSEY BANK
Dec 13, 2021Special Warranty Deed, Transfer
ATTORNEY ONLY, ATTORNEY

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 13, 2021 · Amount on Record
Deed SaleDec 13, 2021 · Amount on Record
Deed Document Number202128978
Record UpdatedJun 8, 2026

April 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address401 SPRINGFIELD AVE, URBANA, IL 61801-8811
Transaction TypeMortgage
Record UpdatedApr 15, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000006177
DateApr 6, 2022
Instrument2022R06177
Lender
NameBUSEY BANK
TypeBank
Agreement
TypeLine of Credit
AmountAmount Recorded

December 2021: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCHAMPAIGN IL
Recording DateDec 13, 2021
Property Address401 SPRINGFIELD AVE, URBANA, IL 61801-8811
Document Number0000028978
Instrument DateDec 8, 2021
Instrument2021R28978
Transaction TypeTransfer
Record UpdatedDec 24, 2021
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount Recorded
Tax$457.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address408 KENWOOD RD, 408, CHAMPAIGN, IL 61821-3606

Transferred To (Grantee/Buyer)

NameVerified Name
Address2500 GALEN DR STE 10, 10, CHAMPAIGN, IL 61821-7050

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyChampaign County
County SubdivisionCunningham Township
MunicipalityUrbana City
Unified School DistrictUrbana School District 116 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$209,130 (+5.8%) Land $33,330 Building $175,800$627,390 (+5.8%) Land $99,990 Building $527,400
2024$20,386.00 (+6.27%)$197,660 (+19.03%) Land $31,500 Building $166,160$592,980 (+19.03%) Land $94,500 Building $498,480
2023$19,183.00 (+6.73%)
2022$17,974.00$166,060 Land $26,460 Building $139,600$498,180 Land $79,380 Building $418,800

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

Source: FEMA National Flood Hazard Layer, effective July 14, 2021 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies3 in force

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.

Wildfire

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.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemIL AMERICAN-CHAMPAIGN
private · serves 150,000 people · EPA ID IL0195300
Water SourceGroundwater
Last State InspectionSep 2025
Lead1 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 376 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
i3 Broadband
Fiber
8,000 / 8,000
Xfinity
Cable
2,000 / 250
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless · Fiber, DSL in parts of the area
100 / 20

May also be available: Fidium Fiber, Nextlink, Pavlov Media, Verizon, Volo.net Internet+Tech.

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