507 E 3rd St, Delavan, IL 61734 Property Records

Tazewell County property record for 507 E 3rd St, Delavan, IL 61734 · Last verified May 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	4 Beds
Bathrooms	1 Baths
Year Built	Built 1969
Square Footage	2,116 sqft Living Area
Lot Size	18,000 sqft (0.298 acres)
Occupancy	Owner Occupied
Last Sale	$54,603 (2020)
Tax Bill	$1,502.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`21-21-10-116-007`

Interior

Bedrooms	4 Beds
Full Baths	1 Baths
Plumbing Fixtures	5 Plumbing Fixtures
Total Rooms	6 Rooms
Building Area	2,116 sqft Living Area
Gross Area	2,304 sqft Gross Area
Basement Area	960 sqft Basement
Stories	1 Stories

Exterior

Year Built	Built 1967
Effective Year Built	Effective 1969
Roof Material	Composition Shingle Roof
Lot Area	18,000 sqft (0.298 acres)
Depth X Width	150 ft x 120 ft Depth x Width
Parking Spaces	3 Parking Spaces
Garage Type	Detached Garage
Garage Area	864 sqft Garage

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Central Heating

Location & Zoning

Street Address	507 E 3RD ST
City	DELAVAN
State	IL
Zip	61734-7616
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	SEC 10 T22N R4W ORIGINAL TOWN SL 8 & NELY 2 X 20 STRIP OF SL 7 IN LOT 3 NW 1/4
Legal Range	04W
Legal Township	22N
Legal Section	10
Legal Subdivision	ORIGINAL TOWN
Legal Lot Number	3
Jurisdiction	TAZEWELL IL
Minor Civil Division	DELAVAN
Census Blockgroup	5
Census Block	5053
Census Tract	21900

Owner

Source: Tazewell County records · APN 21-21-10-116-007

Assessment roll updated April 8, 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 Record	Individual Name on File
Mailing Address	507 E 3RD ST, DELAVAN, IL 61734-7616
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity
Vesting	Joint Tenants

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Sep 25, 2020 · Amount on Record
Deed Sale	Sep 25, 2020 · Amount on Record
Deed Doc Number	202015106
Record Refreshed	Jun 08, 2026

September 2020: Executor's Deed, Transfer

Document Type	Executor's Deed
Jurisdiction	TAZEWELL IL
Recording Date	Sep 25, 2020
Property Address	507 E 3RD ST, DELAVAN, IL 61734-7616
Document Number	0000015106
Instrument Date	Sep 22, 2020
Instrument	202000015106
Transaction Type	Transfer
Record Updated	Apr 01, 2022
Title Company	PEORIA TITLE LLC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$55.00
Amount Accuracy	Full Amount Stated
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name
Address	736 PARK AVE, 736, PEKIN, IL 61554-4652

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	507 E 3RD ST, DELAVAN, IL 61734-7616

Mortgage

Document Number	0000015107
Date	Sep 25, 2020
Instrument	202000015107

Lender

Name	MORTON COMMUNITY BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Oct 01, 2050

Interest

Rate Type	Adjustable Rate
Rate	3.37%
Type Change Date	Oct 01, 2027
Change Frequency	Annually
Min Rate At Change	3.37%
Max Rate At Change	5.37%
Index	52-Week T-Bill (1-Year)
Max Rate	8.37%

Tax Assessment & Valuation

Source: Tazewell County records · Assessment roll updated April 8, 2026 · Last verified May 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Tazewell County
County Subdivision	Delavan Township
Municipality	Delavan City
Unified School District	Delavan Community Unit School District 703 (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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$25,280 (+20.5%) Land $4,610 Building $20,670	$75,840 (+20.5%) Land $13,830 Building $62,010
2024	$1,502.00 (+8.92%)
2023	$1,379.00	$20,980 Land $3,820 Building $17,160	$62,940 Land $11,460 Building $51,480

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Tazewell County (17179C), updated July 20, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No

Wildfire

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.