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506 E Clark St, Champaign, IL 61820 Property Records

Champaign County property record for 506 E Clark St, Champaign, IL 61820 · Last verified May 2026

Property Highlights

Property TypeCommercial > Retail
Architecture StyleMultifamily
Lot Size5,940 sqft (0.136 acres)
Last Sale$5,200,000 (2022)
Tax Bill$7,574.00 (2024)

Property Details

APN / Parcel Number

Primary APN46-21-07-380-010

Exterior

Architectural StyleMultifamily Style
Lot Area5,940 sqft (0.136 acres)

Location & Zoning

Street Address506 E CLARK ST
CityCHAMPAIGN
StateIL
Zip61820
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal DescriptionLOTS PT 114, PT 115 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 Number1
JurisdictionCHAMPAIGN IL
Minor Civil DivisionCHAMPAIGN CITY
Census Blockgroup2
Census Block2001
Census Tract302

Owner

Source: Champaign County records · APN 46-21-07-380-010

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 Address506 E CLARK ST, CHAMPAIGN, IL 61820
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Jun 01, 2022Special Warranty Deed, Transfer · Commercial Mortgage
OLD NATIONAL BANK
Dec 28, 2021Special Warranty Deed, Transfer
ATTORNEY ONLY, ATTORNEY

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJun 01, 2022 · Amount on Record
Deed SaleJun 01, 2022 · Amount on Record
Prior SaleDec 28, 2021 · Amount on Record
Deed Doc Number20229876
Prior Transfer DateJun 30, 2005
Prior Transfer Doc0000018262
Record RefreshedJun 08, 2026

June 2022: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCHAMPAIGN IL
Recording DateJun 01, 2022
Property Address506 E CLARK ST, CHAMPAIGN, IL 61820
Document Number0000009876
Map ReferenceDD F PG 415
Instrument DateMay 27, 2022
Instrument2022R09876
Transaction TypeTransfer
Record UpdatedSep 25, 2023

Transaction

AmountAmount Recorded
Tax$5,200.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name
Address1200 N NORTH BRANCH ST # ST100W, ST100W, CHICAGO, IL 60642-2701

Transferred To (Grantee/Buyer)

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

Mortgage

Document Number0000009880
DateJun 01, 2022
Instrument2022R09880
Lender
NameOLD NATIONAL BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

Mortgage

Document Number0000009881
DateJun 01, 2022
Instrument2022R09881
Lender
NameOLD NATIONAL BANK
TypeBank
Agreement
AmountAmount Recorded

December 2021: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCHAMPAIGN IL
Recording DateDec 28, 2021
Property Address506 E CLARK ST, CHAMPAIGN, IL 61820
Document Number0000030072
Map ReferenceDD F PG 415
Instrument DateDec 17, 2021
Instrument2021R30072
Transaction TypeTransfer
Record UpdatedSep 25, 2023
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount Recorded
Tax$4,930.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address449 S BEVERLY DR STE 101, 101, BEVERLY HILLS, CA 90212-4428

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 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$97,450 (+12.19%) Land $97,250 Building $200$292,350 (+12.19%) Land $291,750 Building $600
2024$7,574.00 (+6.18%)$86,860 (+19.04%) Land $86,680 Building $180$260,580 (+19.04%) Land $260,040 Building $540
2023$7,133.00 (+6.3%)
2022$6,710.00$72,970 Land $72,820 Building $150$218,910 Land $218,460 Building $450

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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