418 W Walnut St, Watseka, IL 60970 Property Records

Iroquois County property record for 418 W Walnut St, Watseka, IL 60970

Property Summary

Property Type	Office Building
Lot Size	0.25 acres (10,890 sqft)
Owner	Company Name on Record
Last Sale	$142,500 (Aug 2021)
Tax Bill	$1,414 (2025)
Deeds & Mortgages	Apr 2019 Mortgage Jan 2023 Foreclosure + 1 more
Flood Zone	Zone X (minimal risk)
APN	`19 32 329 006`

Property Details

APN / Parcel Number

Primary APN	`19 32 329 006`

Exterior

Lot Area	10,890 sqft (0.25 acres)

Location & Zoning

Street Address	418 W WALNUT ST
City	WATSEKA
State	IL
Zip	60970-1265
Property Category	Commercial
Property Type	Commercial > Office > Office Building
Legal Description	SW LT 8 NE SW
Legal Subdivision	SEC 32, TOWNSHIP 27N, RANGE 12 W
Legal Lot Number	8
Jurisdiction	IROQUOIS IL
Township / Civil Division	MIDDLEPORT
Census Block Group	3
Census Block	3063
Census Tract	950400

Owner

Source: Iroquois County records, as of July 17, 2026

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

Owner of Record	Company Name on Record
Mailing Address	PO BOX 146, BOURBONNAIS, IL 60914-0146
Owner Type	Company
Vesting	Trust

Deeds, Mortgages & Sale History

Date	Document
Apr 15, 2019	Deed of Trust, Mortgage · Commercial Mortgage IROQUOIS FARMERS STATE BANK
Jan 25, 2023	Deed, Foreclosure
Aug 16, 2021	Warranty Deed, Transfer · Stand-Alone First Mortgage MUNICIPAL TRUST AND SAVINGS BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 16, 2021 · Amount on Record
Deed Sale	Aug 16, 2021 · Amount on Record
Prior Sale	Oct 9, 2012 · Amount on Record
Deed Document Number	20213226
Last Transfer Date	Jan 17, 2023
Transfer Doc	0000000217
Record Updated	Sep 20, 2026

April 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	IROQUOIS IL
Property Address	418 W WALNUT ST, WATSEKA, IL 60970-1265
Transaction Type	Mortgage
Record Updated	Jul 11, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	00019R0979
Date	Apr 15, 2019
Instrument	19R0979

Lender

Name	IROQUOIS FARMERS STATE BANK
Type	Bank
Address	WATSEKA, IL 60970

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	36 Months
Due	Apr 1, 2022

Interest

Rate	6%

January 2023: Deed, Foreclosure

Document Type	Deed
Jurisdiction	IROQUOIS IL
Recording Date	Jan 25, 2023
Property Address	418 W WALNUT ST, WATSEKA, IL 60970-1265
Document Number	00023R0217
Map Reference	MB 1 PG 8
Instrument Date	Jan 17, 2023
Instrument	23R0217
Transaction Type	Foreclosure
Record Updated	Feb 21, 2023

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 146, BOURBONNAIS, IL 60914-0146

August 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	IROQUOIS IL
Recording Date	Aug 16, 2021
Property Address	418 W WALNUT ST, WATSEKA, IL 60970-1265
Document Number	00021R3226
Map Reference	MB 1 PG 8
Instrument Date	Aug 16, 2021
Instrument	21R3226
Transaction Type	Transfer
Record Updated	Jul 11, 2023

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$334.50
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	720 MAIN ST NW, BOURBONNAIS, IL 60914-2311

Mortgage

Document Number	00021R3227
Date	Aug 16, 2021
Instrument	21R3227

Lender

Name	MUNICIPAL TRUST AND SAVINGS BANK
Type	Bank

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded
Term	180 Months
Due	Aug 16, 2036

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Iroquois County assessment roll, as of July 17, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Iroquois County
County Subdivision	Middleport Township
Municipality	Watseka City
Unified School District	Iroquois County Community Unit School District 9 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,414.00 (-3.42%)	$13,860 (-) Land $4,752 Building $9,108	$41,580 (-) Land $14,256 Building $27,324
2022	$1,464.00 (-5.43%)	$13,860 Land $4,752 Building $9,108	$41,580 Land $14,256 Building $27,324
2021	$1,548.00

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

Flood

Source: FEMA National Flood Hazard Layer, effective August 16, 2011 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 49 policies
Community Rating System	Class 8 (10% premium discount)
Nearby Flood Policies	49 in force
Nearby Flood Claims	136 (1991–2018)
Claims Outside the SFHA	1 of 136
Most Recent Claim	Feb 2018 · river or lake flooding
Claims by Event	Severe Storms And Flooding, Feb 2008 · 61 claims

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 Risk	Not 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 System	WATSEKA serves 4,767 people · EPA ID IL0750900
Water Source	Groundwater
Last State Inspection	Sep 2025
Lead	5 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 277 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Conxxus Fiber	8,000 / 8,000
Mediacom Xtream Cable	2,000 / 1,000
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: Nextlink, Watch TV.

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