Champaign County property record for 502 E Springfield Ave, Champaign, IL 61820 · Last verified May 2024
| Property Type | Residential > Multi-Unit > Multi-Family Dwellings |
|---|---|
| Last Sale | $5,528,000 (2019) |
| Tax Bill | $50,302.00 (2022) |
| Primary APN | 462107383011 |
|---|
| Street Address | 502 E SPRINGFIELD AVE |
|---|---|
| City | CHAMPAIGN |
| State | IL |
| Zip | 61820-5578 |
| Property Usage | Residential Property Usage |
| Type | Residential > Multi-Unit > Multi-Family Dwellings |
| Legal Description | LOT PT 219 SUB OF S PT LT 1 OF SEC. 7-19-9 - AKA - MASTER IN CHANCERY SUB OF S PT. LT 1 SEC. 7-19-9 - AKA - COL. M. |
| Legal Range | 09 |
| Legal Township | 19 |
| Legal Section | 07 |
| Legal Lot Number | 219 |
| Jurisdiction | CHAMPAIGN IL |
| Minor Civil Division | CHAMPAIGN CITY |
| Census Blockgroup | 2 |
| Census Block | 2009 |
| Census Tract | 302 |
Source: Champaign County records · APN 462107383011
Assessment roll updated January 1, 2022 · Last verified May 2024
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 510 S NEIL ST, CHAMPAIGN, IL 61820-5220 |
| Owner Type | Owner is a Company |
| Date | Document |
|---|---|
| Jan 18, 2024 | Deed of Trust, Mortgage · Commercial Mortgage OLD NATIONAL BANK |
| Jul 19, 2023 | Deed of Trust, Mortgage · Commercial Mortgage OLD NATIONAL BANK |
| Apr 29, 2022 | Deed of Trust, Mortgage · Line of Credit COMMERCE BANK |
| Apr 28, 2022 | Deed of Trust, Mortgage · Line of Credit COMMERCE BANK |
| Apr 08, 2022 | Deed of Trust, Mortgage · Line of Credit COMMERCE BANK |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Mar 18, 2019 · Amount on Record |
| Deed Sale | Mar 18, 2019 · Amount on Record |
| Deed Doc Number | 2019R03617 |
| Record Refreshed | Jun 07, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Property Address | 502 E SPRINGFIELD AVE, CHAMPAIGN, IL 61820-5578 |
| Transaction Type | Mortgage |
| Record Updated | Jan 26, 2024 |
| Title Company | NOT AVAILABLE, ACT |
| Name | Verified Name |
|---|
| Document Number | 0000000880 |
|---|---|
| Date | Jan 18, 2024 |
| Instrument | 2024R00880 |
| Name | OLD NATIONAL BANK |
|---|---|
| Type | Bank |
| Address | EVANSVILLE, IN 47736 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 78 Months |
| Due | Jul 14, 2030 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Property Address | 502 E SPRINGFIELD AVE, CHAMPAIGN, IL 61820-5578 |
| Transaction Type | Mortgage |
| Record Updated | Aug 23, 2023 |
| Name | Verified Name |
|---|
| Document Number | 0000009916 |
|---|---|
| Date | Jul 19, 2023 |
| Instrument | 2023R09916 |
| Name | OLD NATIONAL BANK |
|---|---|
| Type | Bank |
| Address | EVANSVILLE, IN 47736 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 84 Months |
| Due | Jul 14, 2030 |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly (Revolving credit lines are monthly unless stated otherwise). |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Property Address | 502 E SPRINGFIELD AVE, CHAMPAIGN, IL 61820-5578 |
| Transaction Type | Mortgage |
| Record Updated | Jan 13, 2023 |
| Name | Verified Name |
|---|
| Document Number | 0000007596 |
|---|---|
| Date | Apr 29, 2022 |
| Instrument | 2022R07596 |
| Name | COMMERCE BANK |
|---|---|
| Type | Bank |
| Address | CHAMPAIGN, IL 61821 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Property Address | 502 E SPRINGFIELD AVE, CHAMPAIGN, IL 61820-5578 |
| Transaction Type | Mortgage |
| Record Updated | Aug 23, 2022 |
| Name | Verified Name |
|---|
| Document Number | 0000007596 |
|---|---|
| Date | Apr 28, 2022 |
| Instrument | 2022R07596 |
| Name | COMMERCE BANK |
|---|---|
| Type | Bank |
| Address | CHAMPAIGN, IL 61821 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Property Address | 502 E SPRINGFIELD AVE, CHAMPAIGN, IL 61820-5578 |
| Transaction Type | Mortgage |
| Record Updated | Aug 23, 2022 |
| Name | Verified Name |
|---|
| Document Number | 0000006347 |
|---|---|
| Date | Apr 08, 2022 |
| Instrument | 2022R06347 |
| Name | COMMERCE BANK |
|---|---|
| Type | Bank |
| Address | CHAMPAIGN, IL 61821 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
Source: Champaign County records · Assessment roll updated January 1, 2022 · Last verified May 2024
| Type | Name |
|---|---|
| State | Illinois |
| County | Champaign County |
| County Subdivision | Champaign City Township |
| Municipality | Champaign City |
| Unified School District | Champaign Community Unit School District 4 (PK - 12) |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2022 | $50,302.00 | $547,020 Land $53,320 Building $493,700 | $1,641,060 Land $159,960 Building $1,481,100 |
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
| FEMA Flood Zone | Zone X |
|---|---|
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Special Flood Hazard Area | No |
| Wildfire Risk | Not rated no burnable land in reach |
|---|---|
| Wildfire Likelihood | Negligible |
| Exposure | None beyond ember reach |
Values are read at the parcel center point; lenders make the official flood determination.
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