502 E Healey St, Champaign, IL 61820 Property Records

Champaign County property record for 502 E Healey St, Champaign, IL 61820 · Last verified May 2026

Property Highlights

Property TypeCommercial > Retail
Architecture StyleMultifamily
Lot Size14,008 sqft (0.322 acres)
Last Sale$1,800,000 (2012)
Tax Bill$373,658.00 (2024)

Property Details

APN / Parcel Number

Primary APN46-21-18-127-022

Interior

Units154 Units

Exterior

Architectural StyleMultifamily Style
Lot Area14,008 sqft (0.322 acres)

Location & Zoning

Street Address502 E HEALEY ST
CityCHAMPAIGN
StateIL
Zip61820-5561
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal DescriptionLOTS PT 3, PT 4 BLOCK 5 WRIGHTS, J.S., ADD, SUB OF BLKS. 5 AND 7-9
Legal Range09E
Legal Township19N
Legal Section18
Legal SubdivisionWRIGHTS, J.S., ADD, SUB
Legal Block5,7
Legal Lot Number4
JurisdictionCHAMPAIGN IL
Minor Civil DivisionCHAMPAIGN CITY
Census Blockgroup1
Census Block1005
Census Tract301

Owner

Source: Champaign County records · APN 46-21-18-127-022

Assessment roll updated April 29, 2026 · Last verified May 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 Address309 S 1ST ST, CHAMPAIGN, IL 61820-4164
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Apr 21, 2026Deed of Trust, Mortgage · Line of Credit
MORTON COMMUNITY BANK
Sep 30, 2019Grant Deed, Construction Loan · Line of Credit
FIRST MID BK&TR NA
Nov 03, 2017Loan Modification, Mortgage
FIRST MID IL BK&TR

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleAug 27, 2012 · Amount on Record
Deed SaleAug 27, 2012 · Amount on Record
Prior SaleNov 23, 2004 · Amount on Record
Deed Doc Number201221559
Prior Transfer DateNov 19, 2004
Prior Transfer Doc0000036886
Record RefreshedSep 20, 2026

April 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Recording DateApr 21, 2026
Property Address502 E HEALEY ST, CHAMPAIGN, IL 61820-5561
Document Number0000005757
Instrument DateApr 21, 2026
Instrument20265757
Transaction TypeMortgage
Record UpdatedJul 12, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

NameVerified Name
Relationship266
Address212 E SPRINGFIELD AVE, CHAMPAIGN, IL 61820-7312

Mortgage

Document Number0000005757,
DateApr 21, 2026
Instrument20265757
Lender
NameMORTON COMMUNITY BANK
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate6.38%
Max Rate-1%

September 2019: Grant Deed, Construction Loan

Document TypeGrant Deed
JurisdictionCHAMPAIGN IL
Recording DateSep 30, 2019
Property Address502 E HEALEY ST, CHAMPAIGN, IL 61820-5561
Instrument DateSep 03, 2019
Instrument16142
Transaction TypeConstruction Loan
Record UpdatedNov 26, 2019
Title CompanyOTHER

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address309 S 1ST ST CHAMPAIGN IL 618204164, CHAMPAIGN, IL 61820-4164

Mortgage

Document Number0000016142
DateSep 30, 2019
Instrument16142
Lender
NameFIRST MID BK&TR NA
Address114 W CHURCH ST, CHAMPAIGN, IL 61820-3511
Agreement
TypeLine of Credit
AmountAmount Recorded
Term24 Months
DueSep 29, 2021
Interest
Rate TypeAdjustable Rate

November 2017: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionCHAMPAIGN IL
Property Address502 E HEALEY ST, CHAMPAIGN, IL 61820-5561
Document Number0000021324
Instrument DateNov 03, 2017
Transaction TypeMortgage
Record UpdatedDec 07, 2017
Title CompanyCHICAGO TITLE COMPANY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address309 S 1ST ST CHAMPAIGN IL 618204164, CHAMPAIGN, IL 61820-4164

Mortgage

Document Number0000021324
DateNov 13, 2017
Instrument21324
Lender
NameFIRST MID IL BK&TR
TypeBank
AddressCHAMPAIGN, IL 61820
Agreement
AmountAmount Recorded
Term60 Months
DueNov 12, 2022

Tax Assessment & Valuation

Source: Champaign County records · Assessment roll updated April 29, 2026 · Last verified May 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 and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2025$4,427,150 (+22.98%) Land $304,230 Building $4,122,920$13,281,450 (+22.98%) Land $912,690 Building $12,368,760
2024$373,658.00 (+12.87%)
2022$331,048.00$3,600,000 Land $227,810 Building $3,372,190$10,800,000 Land $683,430 Building $10,116,570

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
Nearest Special Flood Hazard AreaZone AE, within 500 ft

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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