116 E Market St, Bloomington, IL 61701 Property Records

McLean County property record for 116 E Market St, Bloomington, IL 61701

Property Summary

Property Type	Commercial
Details	2,840 sqft
Lot Size	0.64 acres (2,809 sqft)
Owner	Company Name on Record
Last Sale	$339,000 (Sep 2017)
Tax Bill	$3,900 (2024)
Deeds & Mortgages	Oct 2017 Mortgage Sep 2017 Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`21-04-183-022`

Property Details

APN / Parcel Number

Primary APN	`21-04-183-022`

Interior

Plumbing Fixtures	8 Plumbing Fixtures
Units	2 Units
Stories	2 Stories
Building Area	2,840 sqft Gross Area
1st Floor Area	1,320 sqft
Basement Area	200 sqft
Finished Basement	200 sqft
Flooring	Tile
Interior Walls	Wallboard/Drywall

Exterior

Exterior Material	Brick
Construction Type	Frame
Foundation Type	Slab (Mat/Raft)
Roof Material	Built-Up Asphalt
Lot Area	2,809 sqft (0.64 acres)
Lot Dimensions	130 ft deep x 22 ft wide
View / Lot	Lake Front

Utilities, Heating & Cooling

Cooling System	A/C Chilled Water
Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	116 E MARKET ST
City	BLOOMINGTON
State	IL
Zip	61701-4019
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	DEMANGE & KENNEDYS SUB S45 LOT 8 & ALL LOT 9,12,13,16 BLK 19- DURLEY ADD LOT 9
Legal Range	02E
Legal Township	23N
Legal Section	04
Legal Subdivision	DEMANGE & KENNEDYS SUB
Legal Block	19
Legal Lot Number	8
Jurisdiction	MCLEAN IL
Township / Civil Division	BLOOMINGTON CITY
Census Block Group	1
Census Block	1004
Census Tract	1600

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the Bloomington Central Business District listed 1985 · 109 contributing resources · NRIS 85000363

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: McLean County records, as of October 14, 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	116 E MARKET ST, BLOOMINGTON, IL 61701-4019
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Oct 12, 2017	Deed of Trust, Mortgage · SBA Mortgage SMALL BUSINESS GROWTH CORP
Sep 28, 2017	Deed of Trust, Mortgage · Commercial Mortgage MORTON COMMUNITY BANK
Sep 28, 2017	Warranty Deed, Transfer · Commercial Mortgage MORTON COMMUNITY BANK
Oct 6, 2026	Deed of Trust, Mortgage · Conventional Mortgage MORTON COMMUNITY BANK
Oct 6, 2026	Deed of Trust, Mortgage · Conventional Mortgage MORTON COMMUNITY BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 28, 2017 · Amount on Record
Deed Sale	Sep 28, 2017 · Amount on Record
Deed Document Number	201717692
Record Updated	Oct 29, 2026

October 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	116 E MARKET ST, BLOOMINGTON, IL 61701-4019
Transaction Type	Mortgage
Record Updated	Sep 25, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	201700018456
Date	Oct 12, 2017
Instrument	2017-00018456

Lender

Name	SMALL BUSINESS GROWTH CORP
Type	Non-Lending Institution
Address	SPRINGFIELD, IL 62704

Agreement

Type	SBA Mortgage
Amount	Amount Recorded

September 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	116 E MARKET ST, BLOOMINGTON, IL 61701-4019
Transaction Type	Mortgage
Record Updated	Sep 25, 2023
Title Company	MCLEAN COUNTY TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	201700017696
Date	Sep 28, 2017
Instrument	2017-00017696

Lender

Name	MORTON COMMUNITY BANK
Type	Bank
Address	MORTON, IL 61550

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

September 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	Sep 28, 2017
Property Address	116 E MARKET ST, BLOOMINGTON, IL 61701-4019
Document Number	201700017692
Instrument Date	Sep 18, 2017
Instrument	2017-00017692
Transaction Type	Transfer
Record Updated	Sep 25, 2023
Title Company	MCLEAN COUNTY TITLE

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$508.50
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	116 E MARKET ST, BLOOMINGTON, IL 61701-4019

Mortgage

Document Number	201700017693
Date	Sep 28, 2017
Instrument	2017-00017693

Lender

Name	MORTON COMMUNITY BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Mortgage

Document Number	201700017695
Date	Sep 28, 2017
Instrument	2017-00017695

Lender

Name	MORTON COMMUNITY BANK
Type	Bank
Address	MORTON, IL 61550

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

October 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Recording Date	Oct 6, 2026
Property Address	116 E MARKET ST, BLOOMINGTON, IL 61701-4019
Document Number	0000014992
Instrument Date	Sep 18, 2017
Instrument	202614992
Transaction Type	Mortgage
Record Updated	Oct 14, 2026
Title Company	MCLEAN COUNTY TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266
Address	116 E MARKET ST, BLOOMINGTON, IL 61701-4019

Mortgage

Document Number	0000014992,
Date	Oct 6, 2026
Instrument	202614992

Lender

Name	MORTON COMMUNITY BANK

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

October 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Recording Date	Oct 6, 2026
Property Address	116 E MARKET ST, BLOOMINGTON, IL 61701-4019
Document Number	0000014993
Instrument Date	Sep 18, 2017
Instrument	202614993
Transaction Type	Mortgage
Record Updated	Oct 14, 2026
Title Company	MCLEAN COUNTY TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266
Address	116 E MARKET ST, BLOOMINGTON, IL 61701-4019

Mortgage

Document Number	0000014993,
Date	Oct 6, 2026
Instrument	202614993

Lender

Name	MORTON COMMUNITY BANK

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate
Rate	1.74%
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

Tax Assessment & Valuation

Source: McLean County assessment roll, as of April 8, 2026

Property Jurisdictions

Type	Name
State	Illinois
Municipality	Bloomington City
County	McLean County
County Subdivision	Bloomington City Township
Unified School District	Bloomington School District 87 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$51,166 (+9.9%) Land $8,869 Building $42,297	$153,498 (+9.9%) Land $26,607 Building $126,891
2024	$3,900.00 (+0.23%)
2023	$3,891.00 (+8.99%)	$46,555 (+10.83%) Land $8,069 Building $38,486	$139,665 (+10.83%) Land $24,207 Building $115,458
2022	$3,570.00	$42,006 Land $7,281 Building $34,725	$126,018 Land $21,843 Building $104,175

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective June 27, 2019

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	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	BLOOMINGTON serves 79,000 people · EPA ID IL1130200
Water Source	Surface water
Last State Inspection	Aug 2023
Lead	3 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	2 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 537 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Frontier, Nextlink, Pavlov Media, T-Mobile.

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