503 E Springfield Ave, Champaign, IL 61820 Property Records

Champaign County property record for 503 E Springfield Ave, Champaign, IL 61820 · Last verified May 2026

Property Highlights

Property TypeCommercial > Retail
Architecture StyleMultifamily
Year BuiltBuilt 1950
Square Footage1,300 sqft Building Perimeter
Lot Size10,429 sqft (0.239 acres)
Last Sale$1,900,000 (2024)
Tax Bill$46,343.00 (2024)

Property Details

APN / Parcel Number

Primary APN46-21-18-127-005

Interior

Units36 Units
Building Area1,300 sqft Building Perimeter
1st Floor1,300 sqft 1st Floor
Stories1 Stories

Exterior

Year BuiltBuilt 1950
Effective Year BuiltEffective 1950
Architectural StyleMultifamily Style
Exterior MaterialStucco Exterior
Roof MaterialOther (not Classified) Roof
Lot Area10,429 sqft (0.239 acres)

Utilities and HVAC

Heating SystemCentral Heating

Location & Zoning

Street Address503 E SPRINGFIELD AVE
CityCHAMPAIGN
StateIL
Zip61820-5577
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal DescriptionLOT 2 BLOCK 2 WRIGHTS, J.S., ADD AND OTHER LAND
Legal Range09E
Legal Township19N
Legal Section18
Legal SubdivisionWRIGHTS, J.S., ADD
Legal Block2
Legal Lot Number2
JurisdictionCHAMPAIGN IL
Minor Civil DivisionCHAMPAIGN CITY
Census Blockgroup1
Census Block1001
Census Tract301

Owner

Source: Champaign County records · APN 46-21-18-127-005

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 Address510 S NEIL ST, CHAMPAIGN, IL 61820-5220
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Jan 29, 2024Deed, Transfer · Line of Credit
FIRST NEIGHBOR BANK NA
May 27, 2020Deed of Trust, Mortgage · Line of Credit
HICKORY PT BK&TR
Sep 06, 2019Quit Claim Deed, Transfer
ATTORNEY ONLY

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJan 29, 2024 · Amount on Record
Deed SaleJan 29, 2024 · Amount on Record
Deed Doc Number20241222
Record RefreshedJun 08, 2026

January 2024: Deed, Transfer

Document TypeDeed
JurisdictionCHAMPAIGN IL
Recording DateJan 29, 2024
Property Address503 E SPRINGFIELD AVE, CHAMPAIGN, IL 61820-5577
Document Number0000001222
Map ReferenceDD 15 PG 290
Instrument DateJan 26, 2024
Instrument2024R01222
Transaction TypeTransfer
Record UpdatedFeb 06, 2024
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount Recorded
Tax$1,900.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address510 S NEIL ST, CHAMPAIGN, IL 61820-5220

Mortgage

Document Number0000001223
DateJan 29, 2024
Instrument2024R01223
Lender
NameFIRST NEIGHBOR BANK NA
TypeBank
Agreement
TypeLine of Credit
AmountAmount Recorded

May 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address503 E SPRINGFIELD AVE, CHAMPAIGN, IL 61820-5577
Document Number0000009433
Instrument DateMay 27, 2020
Transaction TypeMortgage
Record UpdatedAug 13, 2020
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTrust
Address503 E SPRINGFIELD AVE CHAMPAIGN IL 618205577, CHAMPAIGN, IL 61820-5577

Mortgage

Document Number0000009433
DateJun 02, 2020
Instrument9433
Lender
NameHICKORY PT BK&TR
AddressCHAMPAIGN, IL 61820
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

September 2019: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionCHAMPAIGN IL
Recording DateSep 06, 2019
Property Address503 E SPRINGFIELD AVE, CHAMPAIGN, IL 61820-5577
Document Number0000014630
Instrument DateAug 27, 2019
Instrument14630
Transaction TypeTransfer
Record UpdatedOct 09, 2019
Title CompanyATTORNEY ONLY

Transaction

Tax$0.00
Additional
  • Quitclaim Document
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTrust
Address503 E SPRINGFIELD AVE CHAMPAIGN IL 618205577, CHAMPAIGN, IL 61820-5577

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, not market price estimates; both are a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$663,650 (+24.88%) Land $226,450 Building $437,200$1,990,950 (+24.88%) Land $679,350 Building $1,311,600
2024$46,343.00 (+6.18%)$531,430 (+19.02%) Land $201,830 Building $329,600$1,594,290 (+19.02%) Land $605,490 Building $988,800
2023$43,646.00 (+6.3%)
2022$41,059.00$446,500 Land $169,580 Building $276,920$1,339,500 Land $508,740 Building $830,760

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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