413 Wallace Ave, Champaign, IL 61822 Property Records

Champaign County property record for 413 Wallace Ave, Champaign, IL 61822

Property Summary

Property TypeCommercial
Lot Size0.159 acres (6,906 sqft)
OwnerCompany Name on File
Tax Bill$1,279 (2024)
Deeds & MortgagesAug 2018 Line of Credit
Mar 2018 Loan Modification
Flood ZoneZone X (minimal risk)
APN25-15-31-376-027

Property Details

APN / Parcel Number

Primary APN25-15-31-376-027

Exterior

Lot Area6,906 sqft (0.159 acres)

Location & Zoning

Street Address413 WALLACE AVE
CityCHAMPAIGN
StateIL
Zip61822
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOTS 95, 96 WILBER HEIGHTS
Legal Range09E
Legal Township20N
Legal Section31
Legal SubdivisionWILBER HEIGHTS
Legal Lot Number95,96
JurisdictionCHAMPAIGN IL
Township / Civil DivisionSOMER
Census Block Group4
Census Block4005
Census Tract800

Owner

413 Wallace Ave, a commercial property, is owned by a company.

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

Owner of RecordCompany Name on File
Mailing AddressPO BOX 153, CHAMPAIGN, IL 61824-0153
Owner TypeCompany
VestingCompany

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

DateDocument
Aug 22, 2018Deed of Trust, Mortgage · Line of Credit
BANKCHAMPAIGN
Mar 22, 2018Loan Modification, Mortgage · Line of Credit
FIRST FED'L BK/CO

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedJun 8, 2026

August 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address413 WALLACE AVE, CHAMPAIGN, IL 61822
Document Number0000016255
Instrument DateAug 22, 2018
Transaction TypeMortgage
Record UpdatedOct 3, 2018
Title CompanyALLIED CAPITAL TITLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address411 HESSEL BLVD CHAMPAIGN IL 618206417, CHAMPAIGN, IL 61820-6417

Mortgage

Document Number0000016255
DateSep 18, 2018
Instrument16255
Lender
NameBANKCHAMPAIGN
TypeBank
AddressCHAMPAIGN, IL 61824-1490
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

March 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionCHAMPAIGN IL
Property Address413 WALLACE AVE, CHAMPAIGN, IL 61822
Document Number0000004567
Instrument DateMar 22, 2018
Transaction TypeMortgage
Record UpdatedApr 10, 2018

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address416 PAUL AVE CHAMPAIGN IL 618221348, CHAMPAIGN, IL 61822-1348

Mortgage

Document Number0000004567
DateMar 28, 2018
Instrument4567
Lender
NameFIRST FED'L BK/CO
TypeFederal Savings Bank
AddressCHAMPAGIN, IL 61824-1010
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyChampaign County
County SubdivisionSomer Township
Unified School DistrictChampaign Community Unit School District 4 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$18,620 Land $2,570 Building $16,050$55,860 Land $7,710 Building $48,150
2024$1,279.00
2022$1,195.00$15,000 Land $2,070 Building $12,930$45,000 Land $6,210 Building $38,790

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 413 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 413 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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