1. Home
  2. Illinois
  3. McLean County
  4. Normal
  5. W Cherry St

116 W Cherry St, Normal, IL 61761 Property Records

McLean County property record for 116 W Cherry St, Normal, IL 61761 · Last verified April 2026

Property Highlights

Property TypeCommercial > Retail
Bedrooms63 Beds
Year BuiltBuilt 1981
Square Footage20,460 sqft Living Area
Lot Size26,136 sqft (0.604 acres)
Last Sale$1,803,500 (2020)
Tax Bill$36,246.00 (2024)

Property Details

APN / Parcel Number

Primary APN14-28-277-023

Interior

Bedrooms63 Beds
Units42 Units
Building Area20,460 sqft Living Area
1st Floor6,820 sqft 1st Floor
Basement Area6,820 sqft Basement
Stories2 Stories

Exterior

Year BuiltBuilt 1981
Effective Year BuiltEffective 1981
Exterior MaterialBrick Exterior
Roof ConstructionGable Roof Construction
Roof MaterialAsphalt Roof
Lot Area26,136 sqft (0.604 acres)
Depth X Width132 ft x 198 ft Depth x Width

Utilities and HVAC

Heating FuelElectric Heating Fuel

Location & Zoning

Street Address116 W CHERRY ST
CityNORMAL
StateIL
Zip61761-1688
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal DescriptionNORMAL 1ST ADD ALL LOTS 11-13 BLK C
Legal Range02E
Legal Township24N
Legal Section28
Legal SubdivisionNORMAL 1ST ADD
Legal BlockC
Legal Lot Number11-13
JurisdictionMCLEAN IL
Minor Civil DivisionNORMAL
Census Blockgroup1
Census Block1006
Census Tract106

Owner

Source: McLean County records · APN 14-28-277-023

Assessment roll updated April 8, 2026 · Last verified April 2026

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

Owner of Record2 Company Names on File
Mailing Address1208 BUNN ST, BLOOMINGTON, IL 61701-6917
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Jun 19, 2017Deed of Trust, Mortgage · Commercial Mortgage
MARINE BANK SPRINGFIELD
Jan 13, 2020Deed, Transfer · Line of Credit
TOWN AND COUNTRY BANK

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleJan 13, 2020 · Amount on Record
Deed SaleJan 13, 2020 · Amount on Record
Deed Doc Number2020819
Record RefreshedJun 08, 2026

June 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address116 W CHERRY ST, NORMAL, IL 61761-1688
Transaction TypeMortgage
Record UpdatedApr 30, 2024
Title CompanyALLIANCE LAND TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number201700010741
DateJun 19, 2017
Instrument2017-00010741
Lender
NameMARINE BANK SPRINGFIELD
TypeBank
AddressSPRINGFIELD, IL 62704
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

January 2020: Deed, Transfer

Document TypeDeed
JurisdictionMCLEAN IL
Recording DateJan 13, 2020
Property Address116 W CHERRY ST, NORMAL, IL 61761-1688
Document Number202000000819
Instrument DateDec 30, 2019
Instrument2020-00000819
Transaction TypeTransfer
Record UpdatedApr 30, 2024
Title CompanyALLIANCE LAND TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$2,705.25
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address830 ROUNDABOUT # A, A, WEST DUNDEE, IL 60118-2269

Mortgage

Document Number202000000820
DateJan 13, 2020
Instrument2020-00000820
Lender
NameTOWN AND COUNTRY BANK
TypeBank
Agreement
TypeLine of Credit
AmountAmount Recorded
Term120 Months
DueJan 10, 2030

Tax Assessment & Valuation

Source: McLean County records · Assessment roll updated April 8, 2026 · Last verified April 2026

Property Jurisdictions

TypeName
StateIllinois
CountyMcLean County
County SubdivisionNormal Township
MunicipalityNormal Town
Unified School DistrictMcLean County Unit School District 5 (PK - 12)

Tax Bill & Assessment History

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.

YearTax BillAssessed ValueAssessed Market Value
2025$430,410 (-) Land $112,368 Building $318,042$1,291,230 (%) Land $337,104 Building $954,126
2024$36,246.00 (-1.6%)
2023$36,837.00$430,410 Land $102,958 Building $327,452$1,291,231 Land $308,874 Building $982,357

Nearby Properties on W Cherry St

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures