407 Wallace Ave, Champaign, IL 61822 Property Records

Champaign County property record for 407 Wallace Ave, Champaign, IL 61822

Property Summary

Property TypeSingle Family Home
OwnerCompany Name on File
Last Sale$67,000 (Apr 2021)
Tax Bill$1,222 (2022)
Deeds & MortgagesApr 2021 Sale
Flood ZoneZone X (minimal risk)
APN251531376026

Property Details

APN / Parcel Number

Primary APN251531376026
Alternative APN
  • 411531376026

Location & Zoning

Street Address407 WALLACE AVE
CityCHAMPAIGN
StateIL
Zip61822-1331
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionANNEXATION - CITY OF CHAMPAIGN - ORD 2022-072
Legal Range09
Legal Township20
Legal Section31
Legal SubdivisionWILBUR HEIGHTS SUB
Legal Lot Number88
JurisdictionCHAMPAIGN IL
Township / Civil DivisionSOMER
Census Block Group4
Census Block4005
Census Tract800

Owner

407 Wallace Ave is owned by a company that bought it in April 2021.

Source: Champaign County records, as of May 13, 2024

Owner of RecordCompany Name on File
Mailing Address511 N NEIL ST, CHAMPAIGN, IL 61820-3688
Owner TypeCompany

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

Assessor's Deed Record

Deed NamesName on Deed
Last SaleApr 30, 2021 · Amount on File
Deed SaleApr 30, 2021 · Amount on File
Deed Document Number2021R10091
Record UpdatedJun 7, 2026

April 2021: Deed, Transfer

Document TypeDeed
JurisdictionCHAMPAIGN IL
Recording DateApr 30, 2021
Property Address407 WALLACE AVE, CHAMPAIGN, IL 61822-1331
Document Number0000010091
Map ReferenceMB E PG 326
Instrument DateApr 21, 2021
Instrument2021R10091
Transaction TypeTransfer
Record UpdatedMay 3, 2024

Transaction

AmountAmount on Record
Tax$67.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

Tax Assessment & Valuation

Source: Champaign County assessment roll, as of January 1, 2022

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

YearTax BillAssessed ValueAssessed Market Value
2022$1,222.00$12,960 Land $4,230 Building $8,730$38,880 Land $12,690 Building $26,190

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 407 Wallace Ave in Zone X, an area of minimal flood risk.

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
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies2 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

The area around 407 Wallace Ave 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.

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 100 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
i3 Broadband
Fiber
8,000 / 8,000
Pavlov Media
Fiber
2,000 / 2,000
Xfinity
Cable
2,000 / 250
Nextlink
Fixed Wireless
500 / 500
Verizon
Fixed Wireless
300 / 20
Mediacom Xtream
Fixed Wireless
100 / 20

May also be available: AT&T, T-Mobile.

Nearby Properties on Wallace Ave

Nearby Streets

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