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1502 E Empire St, Bloomington, IL 61701 Property Records

McLean County property record for 1502 E Empire St, Bloomington, IL 61701 · Last verified April 2026

Property Highlights

Property TypeCommercial > Retail
Year BuiltBuilt 1973
Square Footage17,428 sqft Gross Area
Lot Size34,848 sqft (0.8 acres)
GarageBasement
Last Sale$28,350,000 (2026)
Tax Bill$14,213.00 (2024)

Property Details

APN / Parcel Number

Primary APN14-35-355-017

Interior

Plumbing Fixtures5 Plumbing Fixtures
Units2 Units
Building Area17,428 sqft Gross Area
1st Floor8,696 sqft 1st Floor
Basement Area8,732 sqft Basement
Stories1 Stories
Primary FlooringTile Flooring
Interior StructurePlaster Interior Structure

Exterior

Year BuiltBuilt 1973
Effective Year BuiltEffective 1973
Exterior MaterialCombination Exterior
Construction TypeSteel Frame Construction
Roof MaterialBuiltup (layered Asphalt) Roof
Lot Area34,848 sqft (0.8 acres)
Depth X Width275 ft x 127 ft Depth x Width
Garage TypeBasement Garage

Utilities and HVAC

Cooling SystemA/C Chilled Water Cooling
Heating SystemSpace Heating

Location & Zoning

Street Address1502 E EMPIRE ST
CityBLOOMINGTON
StateIL
Zip61701-3521
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal DescriptionBEG 256 E OF SE COR LOT 503 FAIRWAY KNOLLS 9TH ADD N 275, E126.9, S275, W126.9 TO POB PT LOT 1 COLONIAL PLAZA SUB IN THE CITY
Legal Range02E
Legal Township24N
Legal Section35
Legal SubdivisionFAIRWAY KNOLLS
Legal Lot Number503
JurisdictionMCLEAN IL
Minor Civil DivisionBLOOMINGTON CITY
Census Blockgroup1
Census Block1011
Census Tract1200

Owner

Source: McLean County records · APN 14-35-355-017

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 RecordCompany Name on File
Mailing Address3333 RICHMOND RD, 320, BEACHWOOD, OH 44122-4198
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Mar 10, 2026Deed of Trust, Mortgage · Commercial Mortgage
FIFTH THIRD BANK NA
Mar 10, 2026Special Warranty Deed, Transfer
Apr 25, 2024Deed of Trust, Mortgage · Line of Credit
WILMINGTON SAVINGS FUND SOCIETY FSB

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleMar 10, 2026 · Amount on Record
Deed SaleMar 10, 2026 · Amount on Record
Deed Doc Number20263436
Record RefreshedJun 08, 2026

March 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address1502 E EMPIRE ST, BLOOMINGTON, IL 61701-3521
Transaction TypeMortgage
Record UpdatedMar 23, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number202600003437
DateMar 10, 2026
Instrument2026-00003437
Lender
NameFIFTH THIRD BANK NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term83 Months
DueFeb 19, 2033

March 2026: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMCLEAN IL
Recording DateMar 10, 2026
Property Address1502 E EMPIRE ST, BLOOMINGTON, IL 61701-3521
Document Number202600003436
Map ReferenceDOC 94-21218
Instrument DateFeb 16, 2026
Instrument2026-00003436
Transaction TypeTransfer
Record UpdatedMar 23, 2026

Transaction

AmountAmount Recorded
Tax$28,350.00
Amount AccuracyFull Amount Stated
Additional
  • Arms Length Transaction
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name
Address200 DRYDEN RD E # E2000, E2000, DRESHER, PA 19025-1044

Transferred To (Grantee/Buyer)

NameVerified Name
Address3333 RICHMOND RD STE 320, 320, BEACHWOOD, OH 44122-4198

April 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address1502 E EMPIRE ST, BLOOMINGTON, IL 61701-3521
Transaction TypeMortgage
Record UpdatedMay 06, 2024

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number202400005019
DateApr 25, 2024
Instrument2024-00005019
Lender
NameWILMINGTON SAVINGS FUND SOCIETY FSB
TypeBank
AddressWILMINGTON, DE 19801
Agreement
TypeLine of Credit
AmountAmount Recorded

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
MunicipalityBloomington City
CountyMcLean County
County SubdivisionBloomington City Township
Unified School DistrictBloomington School District 87 (PK - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2025$190,919 (+8.91%) Land $78,274 Building $112,645$572,757 (+8.91%) Land $234,822 Building $337,935
2024$14,213.00 (+1.75%)$175,304 (+4.89%) Land $71,872 Building $103,432$525,912 (+4.89%) Land $215,616 Building $310,296
2023$13,968.00 (+8.99%)$167,131 (+10.83%) Land $68,521 Building $98,610$501,393 (+10.83%) Land $205,563 Building $295,830
2022$12,816.00$150,800 Land $61,826 Building $88,974$452,400 Land $185,478 Building $266,922

Flood & Wildfire

1502 E Empire St is in FEMA Zone X, outside the Special Flood Hazard Area, with no wildfire exposure.

Flood

Source: FEMA National Flood Hazard Layer · McLean County (17113C), updated June 27, 2019

FEMA Flood ZoneZone X
minimal flood hazard · outside the 0.2% annual chance floodplain
Special Flood Hazard AreaNo

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to HomesNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach of burnable land

Values are read at the parcel center point; lenders make the official flood determination.

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