1402 E College Ave, Normal, IL 61761 Property Records

McLean County property record for 1402 E College Ave, Normal, IL 61761 · Last verified May 2026

Property Highlights

Property TypeVacant Land > Commercial
Bedrooms376 Beds
Bathrooms36 Baths
Year BuiltBuilt 1980
Square Footage223,744 sqft Building Perimeter
Lot Size265,716 sqft (6 acres)
Garage576 sqft
Last Sale$6,450,000 (2026)
Tax Bill$171,812.00 (2024)

Property Details

APN / Parcel Number

Primary APN14-27-276-021

Interior

Bedrooms376 Beds
Full Baths36 Baths
Total Rooms412 Rooms
Units2 Units
Building Area223,744 sqft Building Perimeter
1st Floor38,640 sqft 1st Floor
Stories3 Stories

Exterior

Year BuiltBuilt 1980
Effective Year BuiltEffective 1980
Roof ConstructionGable Roof Construction
Roof MaterialAsphalt Roof
Lot Area265,716 sqft (6 acres)
Garage Area576 sqft Garage
Total Buildings6 Total Buildings

Utilities and HVAC

Heating SystemForced Air with Air Conditioning Heating
Heating FuelGas Heating Fuel

Location & Zoning

Street Address1402 E COLLEGE AVE
CityNORMAL
StateIL
Zip61761-3094
Property UsageCommercial Property Usage
TypeVacant Land > Commercial
Legal Description2ND ADD PLEASANT HILL NORTH LOT 35
Legal Range02E
Legal Township24N
Legal Section27
Legal SubdivisionPLEASANT HILL
Legal Lot Number35
JurisdictionMCLEAN IL
Minor Civil DivisionNORMAL
Census Blockgroup2
Census Block2005
Census Tract504

Owner

Source: McLean County records · APN 14-27-276-021

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

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

Owner of RecordCompany Name on File
Mailing Address1402 E COLLEGE AVE, NORMAL, IL 61761-3094
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
May 01, 2026Special Warranty Deed, Transfer · Conventional Mortgage
GREYSTONE SERVICING COMPANY LLC
Oct 23, 2007Trustee's Deed, Foreclosure · Commercial Mortgage
ILLINOIS HOISING DEVELOLOPMENT AUTH

Assessor's Deed Record

Deed NamesVerified Name on Deed
Known Transactions
  • Last Sale Amount on May 01, 2026
  • Deed Sale Price on May 01, 2026
  • Oct 23, 2007
Deed Doc Number20265979
Prior Transfer DateMar 25, 2026
Prior Transfer Doc0000005979
Record RefreshedSep 20, 2026

May 2026: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMCLEAN IL
Recording DateMay 01, 2026
Property Address1402 E COLLEGE AVE, NORMAL, IL 61761-3094
Document Number0000005979
Instrument DateMar 25, 2026
Instrument2026.5979
Transaction TypeTransfer
Record UpdatedMay 13, 2026
Title CompanyADVANTAGEONE TITLE, ADVANTAGE TITLE

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$977,175.00
Amount AccuracyFull Amount Stated
Additional
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
AddressNEW YORK, NY 10017

Mortgage

Document Number0000005981,
DateMay 01, 2026
Instrument2026..5981
Lender
NameGREYSTONE SERVICING COMPANY LLC
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term83 Months
DueApr 01, 2033
Interest
Rate6.22%
Max Rate-1%

October 2007: Trustee's Deed, Foreclosure

Document TypeTrustee's Deed
JurisdictionMCLEAN IL
Recording DateOct 23, 2007
Property Address1402 E COLLEGE AVE, NORMAL, IL 61761-3094
Document Number200700029085
Map ReferenceDOC 75-9015
Instrument DateSep 11, 2007
Instrument2007-00029085
Transaction TypeForeclosure
Record UpdatedApr 03, 2026

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3100 DUNDEE RD, NORTHBROOK, IL 60062-2437

Mortgage

Document Number200700029087
DateOct 23, 2007
Instrument2007-00029087
Lender
NameILLINOIS HOISING DEVELOLOPMENT AUTH
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: McLean County records · Assessment roll updated April 8, 2026 · Last verified May 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$1,894,751 (-) Land $356,878 Building $1,537,873$5,684,253 (%) Land $1,070,634 Building $4,613,619
2024$171,812.00 (+5.95%)
2023$162,166.00$1,894,751 Land $292,793 Building $1,601,958$5,684,259 Land $878,380 Building $4,805,879

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