505 E Clark St, Champaign, IL 61820 Property Records

Champaign County property record for 505 E Clark St, Champaign, IL 61820 · Last verified May 2026

Property Summary

Property TypeCommercial
Lot Size0.201 acres (8,736 sqft)
Owner2 Company Names on File
Tax Bill$30,774 (2024)
Deeds & MortgagesFeb 2020 Line of Credit
Feb 2020 Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN46-21-07-381-004

Property Details

APN / Parcel Number

Primary APN46-21-07-381-004

Interior

Units56 Units

Exterior

Architectural StyleMulti-Family
Lot Area8,736 sqft (0.201 acres)

Location & Zoning

Street Address505 E CLARK ST
CityCHAMPAIGN
StateIL
Zip61820-4418
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT 130 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 Range09E
Legal Township19N
Legal Section07
Legal SubdivisionMASTER IN CHANCERY SUB
Legal Lot Number130,1
JurisdictionCHAMPAIGN IL
Township / Civil DivisionCHAMPAIGN CITY
Census Block Group2
Census Block2002
Census Tract302

Owner

Source: Champaign County records · APN 46-21-07-381-004

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 Record2 Company Names on File
Mailing Address505 S 5TH ST, CHAMPAIGN, IL 61820-5564
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Feb 10, 2020Deed of Trust, Mortgage · Line of Credit
LONGVIEW BANK
Feb 10, 2020Deed of Trust, Mortgage · Commercial Mortgage
LONGVIEW BANK
Dec 20, 2018Loan Modification, Mortgage
FREDERICK CNTY BK

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last Transfer DateJan 31, 2006
Transfer Doc0000002653
Record UpdatedJun 08, 2026

February 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address505 E CLARK ST, CHAMPAIGN, IL 61820-4418
Transaction TypeMortgage
Record UpdatedFeb 07, 2021
Title CompanyALLIED CAPITAL TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000002112
DateFeb 10, 2020
Instrument2020R02112
Lender
NameLONGVIEW BANK
TypeBank
AddressOGDEN, IL 61859
Agreement
TypeLine of Credit
AmountAmount Recorded
Term12 Months
DueFeb 01, 2021
Interest
Rate TypeAdjustable Rate
Rate4.75%
Change FrequencyMonthly
Min Rate At Change4%

February 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address505 E CLARK ST, CHAMPAIGN, IL 61820-4418
Transaction TypeMortgage
Record UpdatedFeb 05, 2021
Title CompanyALLIED CAPITAL TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000002110
DateFeb 10, 2020
Instrument2020R02110
Lender
NameLONGVIEW BANK
TypeBank
AddressOGDEN, IL 61859
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term60 Months
DueFeb 07, 2025
Interest
Rate3.6%

December 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionCHAMPAIGN IL
Property Address505 E CLARK ST, CHAMPAIGN, IL 61820-4418
Document Number0000000159
Instrument DateDec 20, 2018
Transaction TypeMortgage
Record UpdatedJan 21, 2019

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address505 S 5TH ST CHAMPAIGN IL 618205564, CHAMPAIGN, IL 61820-5564

Mortgage

Document Number0000000159
DateJan 04, 2019
Instrument159
Lender
NameFREDERICK CNTY BK
TypeBank
AddressPAXTON, IL 60957
Agreement
AmountAmount Recorded
Term12 Months
DueJan 03, 2020
Interest
Rate5.25%

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$369,920 (+24.77%) Land $142,400 Building $227,520$1,109,760 (+24.77%) Land $427,200 Building $682,560
2024$30,774.00 (+12.87%)
2022$27,264.00$296,490 Land $106,630 Building $189,860$889,470 Land $319,890 Building $569,580

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
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo

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.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 265 locations within about half a mile of this property

ProviderTechnologyDownload / Upload (Mbps)
WH i3B Bidco LLC/WH i3B TopcoFiber8,000 / 8,000
Pavlov MediaFiber2,000 / 2,000
XfinityCable2,000 / 250
VerizonFixed Wireless300 / 20
AT&TFixed Wireless100 / 20
T-Mobile USAFixed Wireless100 / 20
AT&TDSL100 / 20

May also be available at this address: Gargoyle Technologies, AT&T, Consolidated Communications, AMG Technology Investment Group. Availability varies by address; speeds are provider-advertised maximums, not measured.

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