1502 N Main St, Bloomington, IL 61701 Property Records

McLean County property record for 1502 N Main St, Bloomington, IL 61701

Property Summary

Property Type	Commercial
Details	50,710 sqft · built 1950
Lot Size	1.86 acres (81,229 sqft)
Owner	Company Name on File
Last Sale	$3,150,000 (May 2022)
Tax Bill	$39,012 (2024)
Deeds & Mortgages	May 2022 Sale Jun 2022 Assignment + 2 more
Flood Zone	Zone X (minimal risk)
APN	`14-33-329-013`

Property Details

APN / Parcel Number

Primary APN	`14-33-329-013`
Alternative APN	`1433329006`

Interior

Plumbing Fixtures	11 Plumbing Fixtures
Units	2 Units
Stories	1 Story
Building Area	50,710 sqft Gross Area
1st Floor Area	25,946 sqft
Basement Area	24,746 sqft
Flooring	Tile
Interior Walls	Wallboard/Drywall
Fire Sprinklers	Fire Sprinklers

Exterior

Year Built	Built 1950
Effective Year Built	Effective 1950
Exterior Material	Combination
Construction Type	Frame
Foundation Type	Slab (Mat/Raft)
Roof Material	Built-Up Asphalt
Lot Area	81,229 sqft (1.86 acres)
Lot Dimensions	227 ft deep x 373 ft wide
View / Lot	Lake Front
Garage Type	Basement

Utilities, Heating & Cooling

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

Location & Zoning

Old Parcel Number	1433329006
Street Address	1502 N MAIN ST
City	BLOOMINGTON
State	IL
Zip	61701-1764
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	ASSRS SUBN LOT 9 SW 33-24-2E LOTS 5, 6, 7 & N38 LOT 8 (EX .296A STATE OF IL ROW 70-4313)
Legal Subdivision	ASSRS SUB
Legal Lot Number	9
Jurisdiction	MCLEAN IL
Township / Civil Division	BLOOMINGTON CITY
Census Block Group	1
Census Block	1000
Census Tract	1303

Owner

1502 N Main St, a commercial property, is owned by a company that bought it in May 2022.

Source: McLean County records, as of April 8, 2026

Owner of Record	Company Name on File
Mailing Address	1502 N MAIN ST, BLOOMINGTON, IL 61701-1764
Owner Type	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
May 31, 2022	Special Warranty Deed, Transfer FIRST AMERICAN TITLE
Jun 8, 2022	Assignment of Lease, Transfer FIRST AMERICAN TITLE
May 23, 2022	Lease, Transfer FIRST AMERICAN TITLE
Oct 14, 2020	Deed, Transfer · Line of Credit MORTON COMMUNITY BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 31, 2022 · Amount on File
Deed Sale	May 31, 2022 · Amount on File
Prior Sale	Oct 14, 2020 · Amount on File
Deed Document Number	20229798
Record Updated	Oct 29, 2026

May 2022: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	May 31, 2022
Property Address	1502 N MAIN ST, BLOOMINGTON, IL 61701-1764
Document Number	202200009798
Instrument Date	May 11, 2022
Instrument	2022-00009798
Transaction Type	Transfer
Record Updated	Sep 25, 2023
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount on Record
Tax	$3,150.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	162 W GRAND AVE # AVE300, AVE300, CHICAGO, IL 60654-4475

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	97 MILL SPRING RD, MANHASSET, NY 11030-3608

June 2022: Assignment of Lease, Transfer

Document Type	Assignment of Lease
Jurisdiction	MCLEAN IL
Recording Date	Jun 8, 2022
Property Address	1502 N MAIN ST, BLOOMINGTON, IL 61701-1764
Document Number	202200010262
Instrument Date	May 5, 2022
Instrument	2022-00010262
Transaction Type	Transfer
Record Updated	Sep 25, 2023
Title Company	FIRST AMERICAN TITLE

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	162 W GRAND AVE # AVE300, AVE300, CHICAGO, IL 60654-4475

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	97 MILL SPRING RD, MANHASSET, NY 11030-3608

May 2022: Lease, Transfer

Document Type	Lease
Jurisdiction	MCLEAN IL
Recording Date	May 23, 2022
Property Address	1502 N MAIN ST, BLOOMINGTON, IL 61701-1764
Document Number	202200009285
Instrument Date	May 4, 2022
Instrument	2022-00009285
Transaction Type	Transfer
Record Updated	Sep 25, 2023
Title Company	FIRST AMERICAN TITLE

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	162 W GRAND AVE # AVE300, AVE300, CHICAGO, IL 60654-4475

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1014 VINE ST, CINCINNATI, OH 45202-1141

October 2020: Deed, Transfer

Document Type	Deed
Jurisdiction	MCLEAN IL
Recording Date	Oct 14, 2020
Property Address	1502 N MAIN ST, BLOOMINGTON, IL 61701-1764
Document Number	202000021662
Instrument Date	Sep 30, 2020
Instrument	2020-00021662
Transaction Type	Transfer
Record Updated	Sep 25, 2023

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$3,000.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	162 W GRAND AVE # 300, 300, CHICAGO, IL 60654-4475

Mortgage

Document Number	202000021663
Date	Oct 14, 2020
Instrument	2020-00021663

Lender

Name	MORTON COMMUNITY BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount on Record

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		$605,346 Land $196,800 Building $408,546	$1,816,038 Land $590,400 Building $1,225,638
2024	$39,012.00 (+1.75%)
2023	$38,340.00 (+8.99%)	$458,733 (+10.83%) Land $172,281 Building $286,452	$1,376,201 (+10.83%) Land $516,844 Building $859,357
2022	$35,177.00	$413,908 Land $155,446 Building $258,462	$1,241,724 Land $466,338 Building $775,386

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

Flood

FEMA maps place 1502 N Main St in Zone X, an area of minimal flood risk.

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

The area around 1502 N Main St has no burnable land within ember reach, so its wildfire risk is not rated.

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 480 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
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Pavlov Media.

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