503 S 5th St, Champaign, IL 61820 Property Records

Champaign County property record for 503 S 5th St, Champaign, IL 61820 · Last verified May 2026

Property Highlights

Property TypeVacant Land > Commercial
Bathrooms1 Baths
Architecture StyleMultifamily
Year BuiltBuilt 1955
Square Footage672 sqft Base Area
Lot Size2,767 sqft (0.064 acres)
GarageDetached
Last Sale$2,500,000 (2025)
Tax Bill$4,696.00 (2024)

Property Details

APN / Parcel Number

Primary APN46-21-18-126-006

Interior

Full Baths1 Baths
Building Area672 sqft Base Area
1st Floor672 sqft 1st Floor
Stories1 Stories
Primary FlooringWood Flooring
Interior StructurePlaster Interior Structure

Exterior

Year BuiltBuilt 1955
Effective Year BuiltEffective 1955
Architectural StyleMultifamily Style
Exterior MaterialStucco Exterior
Roof MaterialShingle Roof
Lot Area2,767 sqft (0.064 acres)
Garage TypeDetached Garage

Utilities and HVAC

Heating SystemCentral Heating

Location & Zoning

Street Address503 S 5TH ST
CityCHAMPAIGN
StateIL
Zip61820-5505
Property UsageCommercial Property Usage
TypeVacant Land > Commercial
Legal DescriptionLOT PT 5 BLOCK 3 WRIGHTS, J.S., ADD
Legal Range09E
Legal Township19N
Legal Section18
Legal SubdivisionWRIGHTS, J.S., ADD
Legal Block3
Legal Lot Number5
JurisdictionCHAMPAIGN IL
Minor Civil DivisionCHAMPAIGN CITY
Census Blockgroup1
Census Block1002
Census Tract301

Owner

Source: Champaign County records · APN 46-21-18-126-006

Assessment roll updated May 16, 2025 · 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 Address616 E GREEN ST, 203, CHAMPAIGN, IL 61820-5766
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Feb 25, 2025Special Warranty Deed, Construction Loan · Building or Construction Mortgage
FIRST MID BANK & TRUST NA
Mar 25, 2024Deed of Trust, Mortgage · Line of Credit
LONGVIEW BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleFeb 25, 2025 · Amount on Record
Deed SaleFeb 25, 2025 · Amount on Record
Prior SaleMar 25, 2024 · Amount on Record
Deed Doc Number20252516
Record RefreshedSep 20, 2026

February 2025: Special Warranty Deed, Construction Loan

Document TypeSpecial Warranty Deed
JurisdictionCHAMPAIGN IL
Recording DateFeb 25, 2025
Property Address503 S 5TH ST, CHAMPAIGN, IL 61820-5505
Document Number0000002516
Map ReferenceDD 15 PG 290
Instrument DateFeb 21, 2025
Instrument2025R02516
Transaction TypeConstruction Loan
Record UpdatedApr 24, 2026
Title CompanyATTORNEY

Transaction

AmountAmount Recorded
Tax$2,500.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name
Address616 E GREEN ST STE 203, 203, CHAMPAIGN, IL 61820-5766

Transferred To (Grantee/Buyer)

NameVerified Name
Address616 E GREEN ST STE 203, 203, CHAMPAIGN, IL 61820-5766

Mortgage

Document Number0000002517
DateFeb 25, 2025
Instrument2025R02517
Lender
NameFIRST MID BANK & TRUST NA
TypeBank
Agreement
TypeBuilding or Construction Mortgage
AmountAmount Recorded
Term60 Months
DueFeb 21, 2030
Interest
Rate TypeAdjustable Rate

March 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address503 S 5TH ST, CHAMPAIGN, IL 61820-5505
Transaction TypeMortgage
Record UpdatedApr 02, 2024

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000003576
DateMar 25, 2024
Instrument2024R03576
Lender
NameLONGVIEW BANK
TypeBank
AddressSAINT JOSEPH, IL 61873
Agreement
TypeLine of Credit
AmountAmount Recorded

Tax Assessment & Valuation

Source: Champaign County records · Assessment roll updated May 16, 2025 · 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 is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$60,420 (+33.55%) Land $60,420$181,260 (+33.55%) Land $181,260
2024$4,696.00 (+12.88%)
2022$4,160.00$45,240 Land $45,240$135,720 Land $135,720

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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