Tax sale on off-market property. What does this mean to me?

[Jerry Ellis]

I thought I'd send letters to see if I could find someone interested in selling their multi-unit properties and when I went to the Champaign County's website to lookup the owner addresses for some properties I've identified, I ran across this one. I can post a screen shot from one that's paid on time if someone wants.

I see the reference to the county clerk's office but I'm wondering what this might mean if I were to put together a deal to purchase the property. Is it simply an indication that the owner might be in distress? If I buy the property, I assume that I'll have to bring the taxes current, but is there something else I need to look into?