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420 S Murray Rd, Rantoul, IL 61866 Property Records

Champaign County property record for 420 S Murray Rd, Rantoul, IL 61866 · Last verified June 2026

Property Highlights

Property TypeCommercial > Retail
Lot Size83,635 sqft (1.92 acres)
Last Sale$1,050,000 (2026)
Tax Bill$37,457.00 (2025)

Property Details

APN / Parcel Number

Primary APN20-09-04-277-007

Exterior

Lot Area83,635 sqft (1.92 acres)

Location & Zoning

Street Address420 S MURRAY RD
CityRANTOUL
StateIL
Zip61866-2124
Property CategoryCommercial
Property TypeCommercial > Retail
Legal Range09E
Legal Township21N
Legal Section04
JurisdictionCHAMPAIGN IL
Township / Civil DivisionRANTOUL
Census Block Group5
Census Block5027
Census Tract10204

Owner

Source: Champaign County records · APN 20-09-04-277-007

Assessment roll updated April 29, 2026 · Last verified June 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 Address723 S CRESCENT ST, GILMAN, IL 60938-1517
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
May 26, 2026Special Warranty Deed, Transfer · Conventional Mortgage
BANK OF RANTOUL
Dec 27, 2021Special Warranty Deed, Transfer · Commercial Mortgage
BANK OF RANTOUL
Feb 04, 2020Special Warranty Deed, Transfer · SBA Mortgage
CIBM BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleMay 26, 2026 · Amount on Record
Deed SaleMay 26, 2026 · Amount on Record
Prior SaleDec 27, 2021 · Amount on Record
Deed Document Number20267733
Record UpdatedSep 20, 2026

May 2026: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCHAMPAIGN IL
Recording DateMay 26, 2026
Property Address420 S MURRAY RD, RANTOUL, IL 61866-2124
Document Number0000007733
Instrument DateMay 26, 2026
Instrument20267733
Transaction TypeTransfer
Record UpdatedJun 12, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$159,075.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership
Address723 S CRESCENT ST, GILMAN, IL 60938-1517

Mortgage

Document Number0000007734,
DateMay 26, 2026
Instrument20267734
Lender
NameBANK OF RANTOUL
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term60 Months
DueMay 25, 2031
Interest
Rate7.75%
Max Rate-1%

December 2021: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCHAMPAIGN IL
Recording DateDec 27, 2021
Property Address420 S MURRAY RD, RANTOUL, IL 61866-2124
Document Number0000029828
Instrument DateDec 08, 2021
Instrument2021R29828
Transaction TypeTransfer
Record UpdatedSep 25, 2023
Title CompanyGREATER ILLINOIS TITLE COMPANY, GIT

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$1,431.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address4811 OAKDALE DR, CHAMPAIGN, IL 61822-3336

Mortgage

Document Number0000029829
DateDec 27, 2021
Instrument2021R29829
Lender
NameBANK OF RANTOUL
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term60 Months
DueDec 15, 2026

February 2020: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCHAMPAIGN IL
Recording DateFeb 04, 2020
Property Address420 S MURRAY RD, RANTOUL, IL 61866-2124
Document Number0000001896
Instrument DateJan 06, 2020
Instrument2020R01896
Transaction TypeTransfer
Record UpdatedApr 28, 2022
Title CompanyGREATER ILLINOIS TITLE CO

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$2,175.00
Amount AccuracyRounded by County
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address420 S MURRAY RD, 420, RANTOUL, IL 61866-2124

Transferred To (Grantee/Buyer)

NameVerified Name
Address420 S MURRAY RD, RANTOUL, IL 61866-2124

Mortgage

Document Number0000001897
DateFeb 04, 2020
Instrument2020R01897
Lender
NameCIBM BANK
TypeBank
Agreement
TypeSBA Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyChampaign County
County SubdivisionRantoul Township
MunicipalityRantoul Village
Elementary School DistrictRantoul City School District 137 (KG - 08)
Secondary School DistrictRantoul Township High School District 193 (09 - 12)

Tax Bill & Assessment History

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.

YearTax BillAssessed ValueAssessed Market Value
2025$37,457.00 (+13.51%)$381,720 (+37.86%) Land $18,700 Building $363,020$1,145,160 (+37.86%) Land $56,100 Building $1,089,060
2024$33,000.00 (+12.59%)
2022$29,309.00$276,890 Land $13,560 Building $263,330$830,670 Land $40,680 Building $789,990

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
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

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.

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