740 E Walnut St, Watseka, IL 60970 Property Records

Iroquois County property record for 740 E Walnut St, Watseka, IL 60970

Property Summary

Property Type	Office Building
Lot Size	0.773 acres (33,677 sqft)
Owner	2 Individual Names on Record
Last Sale	$105,000 (Feb 2020)
Tax Bill	$3,570 (2025)
Deeds & Mortgages	Aug 2023 Mortgage Feb 2020 Sale & Mortgage
Flood Zone	Zone X (moderate risk)
APN	`19 33 377 023`

Property Details

APN / Parcel Number

Primary APN	`19 33 377 023`

Exterior

Lot Area	33,677 sqft (0.773 acres)

Location & Zoning

Street Address	740 E WALNUT ST
City	WATSEKA
State	IL
Zip	60970-1461
Property Category	Commercial
Property Type	Commercial > Office > Office Building
Legal Description	W 155' LT 12 EX RD
Legal Subdivision	DIXIE HIGHWAY ADDITION
Legal Lot Number	12
Jurisdiction	IROQUOIS IL
Township / Civil Division	MIDDLEPORT
Census Block Group	1
Census Block	1012
Census Tract	950400

Owner

Source: Iroquois County records, as of July 17, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on Record
Mailing Address	211 WILSON DR, WATSEKA, IL 60970-7602
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Aug 29, 2023	Deed of Trust, Mortgage · Commercial Mortgage FIRST TRUST & SAVINGS BANK OF WATSEKA
Feb 26, 2020	Administrator's Deed, Transfer · Commercial Mortgage FEDERATED BANK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Feb 26, 2020 · Amount on Record
Deed Sale	Feb 26, 2020 · Amount on Record
Deed Document Number	2020552
Record Updated	Sep 20, 2026

August 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	IROQUOIS IL
Property Address	740 E WALNUT ST, WATSEKA, IL 60970-1461
Transaction Type	Mortgage
Record Updated	Sep 29, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	211 WILSON DR, WATSEKA, IL 60970-7602

Mortgage

Document Number	00023R2464
Date	Aug 29, 2023
Instrument	23R2464

Lender

Name	FIRST TRUST & SAVINGS BANK OF WATSEKA
Type	Bank
Address	WATSEKA, IL 60970

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Aug 22, 2028

Interest

Rate	7.25%

February 2020: Administrator's Deed, Transfer

Document Type	Administrator's Deed
Jurisdiction	IROQUOIS IL
Recording Date	Feb 26, 2020
Property Address	740 E WALNUT ST, WATSEKA, IL 60970-1461
Document Number	00020R0552
Instrument Date	Feb 25, 2020
Instrument	20R0552
Transaction Type	Transfer
Record Updated	Sep 29, 2023
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$157.50
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	637 E LINCOLN AVE, WATSEKA, IL 60970-1814

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	211 WILSON DR, WATSEKA, IL 60970-7602

Mortgage

Document Number	00020R0553
Date	Feb 26, 2020
Instrument	20R0553

Lender

Name	FEDERATED BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Feb 25, 2025

Tax Assessment & Valuation

Source: Iroquois County assessment roll, as of July 17, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Iroquois County
County Subdivision	Middleport Township
Municipality	Watseka City
Unified School District	Iroquois County Community Unit School District 9 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$3,570.00 (-3.46%)	$35,000 (-) Land $22,652 Building $12,348	$105,000 (-) Land $67,956 Building $37,044
2022	$3,698.00	$35,000 Land $22,652 Building $12,348	$105,000 Land $67,956 Building $37,044

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.

Flood

Source: FEMA National Flood Hazard Layer, effective August 16, 2011 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 38 policies
Community Rating System	Class 8 (10% premium discount)
Nearby Flood Policies	38 in force
Nearby Flood Claims	237 (1979–2018)
Claims Outside the SFHA	4 of 237
Most Recent Claim	Feb 2018 · river or lake flooding
Claims by Event	Severe Storms And Flooding, Feb 2008 · 106 claims

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	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.

Internet Providers

Source: FCC Broadband Data Collection, based on 202 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Conxxus Fiber	8,000 / 8,000
Mediacom Xtream Cable	1,000 / 50
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: Nextlink, Watch TV.

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