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409 E Chalmers St, Champaign, IL 61820 Property Records

Champaign County property record for 409 E Chalmers St, Champaign, IL 61820 · Last verified July 2026

Property Summary

Property TypeCommercial
Lot Size0.808 acres (35,198 sqft)
OwnerCompany Name on File
Last Sale$109,825,000 (May 2022)
Tax Bill$660,897 (2024)
Deeds & MortgagesMay 2022 Sale & Mortgage
Sep 2019 Line of Credit
Flood ZoneZone X (minimal risk)
APN46-21-18-182-010

Property Details

APN / Parcel Number

Primary APN46-21-18-182-010

Interior

Units226 Units

Exterior

Architectural StyleMulti-Family
Lot Area35,198 sqft (0.808 acres)

Location & Zoning

Street Address409 E CHALMERS ST
CityCHAMPAIGN
StateIL
Zip61820-6143
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT 1 BLOCK 3 GROVES, ISAAC, ADD AND LOT 2 BLOCK 3 HALLS 2ND ADD AND OTHER LAND
Legal Range09E
Legal Township19N
Legal Section18
Legal SubdivisionHALLS 2ND ADD
Legal Block3
Legal Lot Number1,2
JurisdictionCHAMPAIGN IL
Township / Civil DivisionCHAMPAIGN CITY
Census Block Group1
Census Block1008
Census Tract401

Owner

Source: Champaign County records · APN 46-21-18-182-010

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 RecordCompany Name on File
Mailing Address409 E CHALMERS ST, CHAMPAIGN, IL 61820-6143
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
May 03, 2022Special Warranty Deed, Transfer · Commercial Mortgage
KEB HANA BANK
Sep 25, 2019Deed of Trust, Mortgage · Line of Credit
MISCELLANEOUS INS CO

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleMay 03, 2022 · Amount on Record
Deed SaleMay 03, 2022 · Amount on Record
Prior SaleJul 08, 2008 · Amount on Record
Deed Document Number20227793
Prior Transfer DateOct 28, 2002
Prior Transfer Doc0000005547
Record UpdatedSep 20, 2026

May 2022: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCHAMPAIGN IL
Recording DateMay 03, 2022
Property Address409 E CHALMERS ST, CHAMPAIGN, IL 61820-6143
Document Number0000007793
Instrument DateApr 21, 2022
Instrument2022R07793
Transaction TypeTransfer
Record UpdatedMay 10, 2022
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyEstimated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address2 SCHOOL ST, RYE, NY 10580-2925
Mail Care OfTIMBERLINE REAL ESTATE VENTURES

Mortgage

Document Number0000007794
DateMay 03, 2022
Instrument2022R07794
Lender
NameKEB HANA BANK
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

September 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address409 E CHALMERS ST, CHAMPAIGN, IL 61820-6143
Document Number0000016015
Instrument DateSep 25, 2019
Transaction TypeMortgage
Record UpdatedOct 21, 2019
Title CompanyATTORNEY ONLY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1001 FANNIN ST #1350 HOUSTON TX 770026739, 1350, HOUSTON, TX 77002-6739

Mortgage

Document Number0000016015
DateSep 26, 2019
Instrument16015
Lender
NameMISCELLANEOUS INS CO
Address1 FINANCIAL PLZ, HARTFORD, CT 06103-2608
Agreement
TypeLine of Credit
AmountAmount Recorded
Term84 Months
DueSep 25, 2026
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

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

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

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$11,512,040 (+51.9%) Land $795,530 Building $10,716,510$34,536,120 (+51.9%) Land $2,386,590 Building $32,149,530
2024$660,897.00 (+6.18%)$7,578,670 (+19.02%) Land $709,030 Building $6,869,640$22,736,010 (+19.02%) Land $2,127,090 Building $20,608,920
2023$622,438.00 (+6.3%)
2022$585,532.00$6,367,390 Land $595,710 Building $5,771,680$19,102,170 Land $1,787,130 Building $17,315,040

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 ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 313 locations within about half a mile of this property

ProviderTechnologyDownload / Upload (Mbps)
WH i3B Bidco LLC/WH i3B TopcoFiber8,000 / 8,000
Pavlov MediaFiber2,000 / 2,000
XfinityCable2,000 / 250
VerizonFixed Wireless300 / 20
AT&TFixed Wireless100 / 20
T-Mobile USAFixed Wireless100 / 20
AT&TDSL100 / 20

May also be available at this address: Gargoyle Technologies, AMG Technology Investment Group, AT&T, Consolidated Communications. Availability varies by address; speeds are provider-advertised maximums, not measured.

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