550 E Prairie Ave, Decatur, IL 62523 Property Records

Macon County property record for 550 E Prairie Ave, Decatur, IL 62523

Property Summary

Property Type	Bank, Financial Building
Lot Size	0.419 acres (18,240 sqft)
Owner	Company Name on Record
Last Sale	$65,000 (Sep 2015)
Tax Bill	$10,239 (2025)
Deeds & Mortgages	Feb 2020 Mortgage Nov 2021 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`04-12-14-154-009`

Property Details

APN / Parcel Number

Primary APN	`04-12-14-154-009`
Alternative APN	`12-14-154-009`

Exterior

Lot Area	18,240 sqft (0.419 acres)
Lot Dimensions	120 ft deep x 152 ft wide

Location & Zoning

Account Number	041214154009
Street Address	550 E PRAIRIE AVE
City	DECATUR
State	IL
Zip	62523-1134
Property Category	Commercial
Property Type	Commercial > Office > Bank, Financial Building
Local Zoning Code	MUNICIPAL
Legal Description	L 0012 B 17 NORTH DECATUR ADD N/K/A ALLEN MCREYNOLDS &COADD (EXC ST) ALL LT 8-9 & 152X120 58 04 2 04 0383 000 00
Legal Subdivision	NORTH DECATUR ADD
Legal Lot Number	8-9
Jurisdiction	MACON IL
Township / Civil Division	DECATUR
Census Block Group	1
Census Block	1070
Census Tract	3100

Owner

Source: Macon County records, as of June 5, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on Record
Mailing Address	1969 SHORE OAK DR, DECATUR, IL 62521-5563
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Feb 14, 2020	Deed of Trust, Mortgage · Conventional Mortgage PRAIRIE STATE BANK & TRUST
Nov 3, 2021	Deed of Trust, Mortgage · Commercial Mortgage PRAIRIE STATE BANK & TRUST

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 29, 2015 · Amount on Record
Deed Sale	Sep 29, 2015 · Amount on Record
Deed Document Number	20151894220
Deed Book / Page	4460 / 142
Record Updated	Sep 20, 2026

February 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MACON IL
Property Address	550 E PRAIRIE AVE, DECATUR, IL 62523-1134
Transaction Type	Mortgage
Record Updated	Jun 10, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	004724/656
Date	Feb 14, 2020
Book Page	4724/656
Instrument	1957438

Lender

Name	PRAIRIE STATE BANK & TRUST
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	12 Months
Due	Feb 1, 2021

Interest

Rate Type	Fixed Rate

November 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MACON IL
Property Address	550 E PRAIRIE AVE, DECATUR, IL 62523-1134
Transaction Type	Mortgage
Record Updated	Jun 10, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	004860/875
Date	Nov 3, 2021
Book Page	4860/875
Instrument	1988211

Lender

Name	PRAIRIE STATE BANK & TRUST
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Oct 19, 2026

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

Source: Macon County assessment roll, as of June 5, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Macon County
County Subdivision	Decatur Township
Municipality	Decatur City
Unified School District	Decatur School District 61 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$10,239.00	$109,723 Land $5,719 Building $104,004	$329,202 Land $17,159 Building $312,043

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 November 28, 2024

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

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

Wildfire Risk	Low lower than 99.1% of the US · lower than 94% of Illinois
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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	DECATUR serves 76,122 people · EPA ID IL1150150
Water Source	Surface water
Last State Inspection	Dec 2023
Lead	Under 1 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 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 160 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
AT&T Fixed Wireless · DSL	100 / 20

May also be available: T-Mobile, Verizon.

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