501 Crescent Dr, Champaign, IL 61821 Property Records

Champaign County property record for 501 Crescent Dr, Champaign, IL 61821 · Last verified August 2026

Property Highlights

Property TypeCommercial > Retail
Architecture StyleMultifamily
Lot Size83,672 sqft (1.92 acres)
Last Sale$5,400,000 (2023)
Tax Bill$104,143.00 (2024)

Property Details

APN / Parcel Number

Primary APN44-20-15-226-037

Interior

Units24 Units

Exterior

Architectural StyleMultifamily Style
Lot Area83,672 sqft (1.92 acres)

Location & Zoning

Street Address501 CRESCENT DR
CityCHAMPAIGN
StateIL
Zip61821-3650
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal DescriptionLOT 1 FRENCH, I.H., SUB
Legal Range08E
Legal Township19N
Legal Section15
Legal SubdivisionFRENCH, I.H., SUB
Legal Lot Number1
JurisdictionCHAMPAIGN IL
Minor Civil DivisionCHAMPAIGN CITY
Census Blockgroup5
Census Block5008
Census Tract1201

Owner

Source: Champaign County records · APN 44-20-15-226-037

Assessment roll updated April 29, 2026 · Last verified August 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 Address1516 S BUNDY DR, 300, LOS ANGELES, CA 90025-2681
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Nov 28, 2023Sheriff's Deed, Foreclosure
Oct 06, 2020Deed of Trust, Mortgage
IBORROW REIT LP

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleNov 28, 2023 · Amount on Record
Deed SaleNov 28, 2023 · Amount on Record
Prior SaleJul 29, 2005 · Amount on Record
Deed Doc Number202316803
Last Transfer DateDec 18, 2023
Transfer Doc0000017731
Record RefreshedSep 20, 2026

November 2023: Sheriff's Deed, Foreclosure

Document TypeSheriff's Deed
JurisdictionCHAMPAIGN IL
Recording DateNov 28, 2023
Property Address501 CRESCENT DR, CHAMPAIGN, IL 61821-3650
Document Number0000016803
Map ReferenceMB Y PG 177
Instrument DateNov 20, 2023
Instrument2023R16803
Transaction TypeForeclosure
Record UpdatedDec 06, 2023

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Lis Pendens

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1516 S BUNDY DR STE 300, 300, LOS ANGELES, CA 90025-2681

October 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address501 CRESCENT DR, CHAMPAIGN, IL 61821-3650
Document Number0000020881
Instrument DateOct 06, 2020
Transaction TypeMortgage
Record UpdatedNov 19, 2020
Title CompanyATTORNEY ONLY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address40W439 LAURA INGALLS WILDER RD ST CHARLES IL 601757552, ST CHARLES, IL 60175-7552

Mortgage

Document Number0000020881
DateOct 09, 2020
Instrument20881
Lender
NameIBORROW REIT LP
Address12100 WILSHIRE BLVD # 510, LOS ANGELES, CA 90025-7139
Agreement
AmountAmount Recorded

Tax Assessment & Valuation

Source: Champaign County records · Assessment roll updated April 29, 2026 · Last verified August 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 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$1,253,670 (+13.1%) Land $147,230 Building $1,106,440$3,761,010 (+13.1%) Land $441,690 Building $3,319,320
2024$104,143.00 (+2.17%)
2022$101,932.00$1,108,470 Land $110,250 Building $998,220$3,325,410 Land $330,750 Building $2,994,660

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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