507 S Locust St, Champaign, IL 61820 Property Records

Champaign County property record for 507 S Locust St, Champaign, IL 61820

Property Summary

Property Type	Commercial
Owner	Company Name on Record
Last Sale	$160,000 (Sep 2009)
Tax Bill	$45,452 (2024)
Flood Zone	Zone X (minimal risk)
APN	`43-20-13-229-024`

Property Details

APN / Parcel Number

Primary APN	`43-20-13-229-024`

Interior

Units	4 Units

Exterior

Architectural Style	Multi-Family

Location & Zoning

Street Address	507 S LOCUST ST
City	CHAMPAIGN
State	IL
Zip	61820-5315
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	LOT 102 COCHRANE PREMIER PROPERTIES SUB
Legal Subdivision	COCHRANE PREMIER PROPERTIES SUB
Legal Lot Number	102
Jurisdiction	CHAMPAIGN IL
Township / Civil Division	CHAMPAIGN CITY
Census Block Group	2
Census Block	2001
Census Tract	301

Owner

Source: Champaign County records, as of April 29, 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 Record
Mailing Address	1612 S NEIL ST, B, CHAMPAIGN, IL 61820-7205
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 14, 2009 · Amount on Record
Deed Sale	Sep 14, 2009 · Amount on Record
Prior Sale	Oct 5, 2004 · Amount on Record
Deed Document Number	200927343
Record Updated	Jun 8, 2026

Tax Assessment & Valuation

Source: Champaign County assessment roll, as of April 29, 2026

Property Jurisdictions

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)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$482,960 (+10.29%) Land $131,350 Building $351,610	$1,448,880 (+10.29%) Land $394,050 Building $1,054,830
2024	$45,452.00 (+12.87%)
2022	$40,269.00	$437,910 Land $98,360 Building $339,550	$1,313,730 Land $295,080 Building $1,018,650

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective July 14, 2021 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 100 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	51 (1979–2008)
Most Recent Claim	Feb 2008 · river or lake flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	IL AMERICAN-CHAMPAIGN private · serves 150,000 people · EPA ID IL0195300
Water Source	Groundwater
Last State Inspection	Sep 2025
Lead	1 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 289 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
i3 Broadband Fiber	8,000 / 8,000
Pavlov Media Fiber	2,000 / 2,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
AT&T Fixed Wireless · DSL · Fiber in parts of the area	100 / 20

May also be available: Fidium Fiber, Nextlink, T-Mobile, Volo.net Internet+Tech.