Champaign County property record for 505 E Springfield Ave, Champaign, IL 61820 · Last verified June 2026
| Property Type | Vacant Land > Commercial |
|---|---|
| Year Built | Built 1920 |
| Square Footage | 897 sqft Base Area |
| Lot Size | 4,887 sqft (0.112 acres) |
| Garage | Detached, 400 sqft |
| Last Sale | $11,665,000 (2019) |
| Tax Bill | $8,941.00 (2025) |
| Primary APN | 46-21-18-127-006 |
|---|
| Building Area | 897 sqft Base Area |
|---|---|
| 1st Floor | 897 sqft 1st Floor |
| Stories | 1 Stories |
| Primary Flooring | Wood Flooring |
| Interior Structure | Plaster Interior Structure |
| Year Built | Built 1920 |
|---|---|
| Effective Year Built | Effective 1920 |
| Exterior Material | Stucco Exterior |
| Roof Material | Shingle Roof |
| Lot Area | 4,887 sqft (0.112 acres) |
| Garage Type | Detached Garage |
| Garage Area | 400 sqft Garage |
| Heating System | Central Heating |
|---|
| Street Address | 505 E SPRINGFIELD AVE |
|---|---|
| City | CHAMPAIGN |
| State | IL |
| Zip | 61820-5516 |
| Property Usage | Commercial Property Usage |
| Type | Vacant Land > Commercial |
| Legal Description | LOT PT 3 BLOCK 2 WRIGHTS, J.S., ADD |
| Legal Range | 09E |
| Legal Township | 19N |
| Legal Section | 18 |
| Legal Subdivision | WRIGHTS, J.S., ADD |
| Legal Block | 2 |
| Legal Lot Number | 3 |
| Jurisdiction | CHAMPAIGN IL |
| Minor Civil Division | CHAMPAIGN CITY |
| Census Blockgroup | 1 |
| Census Block | 1001 |
| Census Tract | 301 |
Source: Champaign County records · APN 46-21-18-127-006
Assessment roll updated April 29, 2026 · Last verified June 2026
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 |
|---|---|
| Jul 02, 2019 | Special Warranty Deed, Transfer · Commercial Mortgage BERKADIA COMMERCIAL MORTGAGE LLC |
| Nov 06, 2017 | Loan Modification, Mortgage · Line of Credit BUSEY BK |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Jul 02, 2019 · Amount on Record |
| Deed Sale | Jul 02, 2019 · Amount on Record |
| Prior Sale | Mar 14, 2011 · Amount on Record |
| Deed Doc Number | 201910279 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Special Warranty Deed |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Recording Date | Jul 02, 2019 |
| Property Address | 505 E SPRINGFIELD AVE, CHAMPAIGN, IL 61820-5516 |
| Document Number | 0000010279 |
| Map Reference | DD 15 PG 290 |
| Instrument Date | Jun 27, 2019 |
| Instrument | 2019R10279 |
| Transaction Type | Transfer |
| Record Updated | Apr 28, 2022 |
| Title Company | ATTORNEY |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on File |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $17,497.50 |
| Amount Accuracy | Rounded Values by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 10 CAMPUS BLVD, NEWTOWN SQUARE, PA 19073-3200 |
| Document Number | 0000010281 |
|---|---|
| Date | Jul 02, 2019 |
| Instrument | 2019R10281 |
| Name | BERKADIA COMMERCIAL MORTGAGE LLC |
|---|---|
| Type | Mortgage Company |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 120 Months |
| Due | Jul 01, 2029 |
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Recording Date | Nov 06, 2017 |
| Property Address | 505 E SPRINGFIELD AVE, CHAMPAIGN, IL 61820-5516 |
| Instrument Date | Nov 02, 2017 |
| Instrument | 21020 |
| Transaction Type | Mortgage |
| Record Updated | Aug 28, 2018 |
| Tax | $0.00 |
|---|---|
| Additional |
|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 901 S 1ST ST CHAMPAIGN IL 618206045, CHAMPAIGN, IL 61820-6045 |
| Document Number | 0000021020 |
|---|---|
| Date | Nov 06, 2017 |
| Instrument | 21020 |
| Name | BUSEY BK |
|---|---|
| Type | Bank |
| Address | 100 W UNIVERSITY AVE, CHAMPAIGN, IL 61820-3910 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
Source: Champaign County records · Assessment roll updated April 29, 2026 · Last verified June 2026
| 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 |
|---|---|---|---|
| 2025 | $8,941.00 (+8.13%) | $106,400 (+33.53%) Land $106,400 | $319,200 (+33.53%) Land $319,200 |
| 2024 | $8,269.00 (+12.86%) | ||
| 2022 | $7,327.00 | $79,680 Land $79,680 | $239,040 Land $239,040 |
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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