1507 E Vernon Ave, Bloomington, IL 61701 Property Records

McLean County property record for 1507 E Vernon Ave, Bloomington, IL 61701

Property Summary

Property Type	Commercial
Details	12,160 sqft · built 1986
Lot Size	0.653 acres (28,451 sqft)
Owner	Company Name on Record
Last Sale	$550,000 (Sep 2018)
Tax Bill	$19,033 (2024)
Deeds & Mortgages	Sep 2019 Mortgage Feb 2023 Mortgage + 4 more
Flood Zone	Zone X (minimal risk)
APN	`14-35-127-024`

Property Details

APN / Parcel Number

Primary APN	`14-35-127-024`

Interior

Plumbing Fixtures	4 Plumbing Fixtures
Units	2 Units
Stories	1 Story
Building Area	12,160 sqft Gross Area
1st Floor Area	6,080 sqft
Basement Area	6,080 sqft
Flooring	Tile
Interior Walls	Plaster

Exterior

Year Built	Built 1986
Effective Year Built	Effective 1986
Exterior Material	Combination
Construction Type	Frame
Roof Material	Metal
Lot Area	28,451 sqft (0.653 acres)
Lot Dimensions	203 ft deep x 140 ft wide
View / Lot	Lake Front
Garage Type	Basement

Utilities, Heating & Cooling

Cooling System	A/C Chilled Water
Heating System	Space Heater

Location & Zoning

Street Address	1507 E VERNON AVE
City	BLOOMINGTON
State	IL
Zip	61701-2001
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	PRAIRIE TRAVELER SUB W140 LOT 2
Legal Range	02E
Legal Township	24N
Legal Section	35
Legal Subdivision	PRAIRIE TRAVELER SUB
Legal Lot Number	2
Jurisdiction	MCLEAN IL
Township / Civil Division	BLOOMINGTON CITY
Census Block Group	1
Census Block	1004
Census Tract	1200

Owner

Source: McLean County records, as of April 8, 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	1507 E VERNON AVE, BLOOMINGTON, IL 61701-2001
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Sep 20, 2019	Deed of Trust, Mortgage · Commercial Mortgage BANKCHAMPAIGN NA
Feb 23, 2023	Deed of Trust, Mortgage · Commercial Mortgage BANKCHAMPAIGN NA
Oct 14, 2025	Deed of Trust, Mortgage · Commercial Mortgage BANKCHAMPAIGN NA
Sep 7, 2018	Deed of Trust, Mortgage · Stand-Alone Second Mortgage CLAY DOOLEY INC
Sep 7, 2018	Deed of Trust, Mortgage · Stand-Alone Second Mortgage CLAY DOOLEY INC
Sep 7, 2018	Trustee's Deed, Foreclosure · Commercial Mortgage BANKCHAMPAIGN NA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 7, 2018 · Amount on Record
Deed Sale	Sep 7, 2018 · Amount on Record
Prior Sale	Aug 25, 2011 · Amount on Record
Deed Document Number	201814816
Prior Transfer Date	Feb 1, 1996
Prior Transfer Doc	0000018802
Record Updated	Jun 8, 2026

September 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	1507 E VERNON AVE, BLOOMINGTON, IL 61701-2001
Transaction Type	Mortgage
Record Updated	Apr 3, 2026
Title Company	MCLEAN COUNTY TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	201900015190
Date	Sep 20, 2019
Instrument	2019-00015190

Lender

Name	BANKCHAMPAIGN NA
Type	Bank
Address	CHAMPAIGN, IL 61824

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	59 Months
Due	Aug 20, 2024

February 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	1507 E VERNON AVE, BLOOMINGTON, IL 61701-2001
Transaction Type	Mortgage
Record Updated	Apr 3, 2026
Title Company	ACT

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	202300002441
Date	Feb 23, 2023
Instrument	2023-00002441

Lender

Name	BANKCHAMPAIGN NA
Type	Bank
Address	CHAMPAIGN, IL 61824

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate	7.25%

October 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	1507 E VERNON AVE, BLOOMINGTON, IL 61701-2001
Transaction Type	Mortgage
Record Updated	Apr 3, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1507 E VERNON AVE, BLOOMINGTON, IL 61701-2001

Mortgage

Document Number	202500014676
Date	Oct 14, 2025
Instrument	2025-00014676

Lender

Name	BANKCHAMPAIGN NA
Type	Bank
Address	CHAMPAIGN, IL 61824

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	5 Months
Due	Mar 30, 2026

Interest

Rate Type	Adjustable Rate
Rate	7.75%

September 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	1507 E VERNON AVE, BLOOMINGTON, IL 61701-2001
Transaction Type	Mortgage
Record Updated	Apr 3, 2026
Title Company	MCLEAN COUNTY TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	201800014820
Date	Sep 7, 2018
Instrument	2018-00014820

Lender

Name	CLAY DOOLEY INC
Type	Non-Lending Institution
Address	00000

Agreement

Type	Stand-Alone Second Mortgage
Amount	Amount Recorded

September 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	1507 E VERNON AVE, BLOOMINGTON, IL 61701-2001
Transaction Type	Mortgage
Record Updated	Sep 25, 2023
Title Company	MCLEAN COUNTY TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	201800014820
Date	Sep 7, 2018
Instrument	2018-00014820

Lender

Name	CLAY DOOLEY INC
Type	Non-Lending Institution
Address	00000

Agreement

Type	Stand-Alone Second Mortgage
Amount	Amount Recorded

September 2018: Trustee's Deed, Foreclosure

Document Type	Trustee's Deed
Jurisdiction	MCLEAN IL
Recording Date	Sep 7, 2018
Property Address	1507 E VERNON AVE, BLOOMINGTON, IL 61701-2001
Document Number	201800014816
Map Reference	DOC79-7914
Instrument Date	Aug 29, 2018
Instrument	2018-00014816
Transaction Type	Foreclosure
Record Updated	Apr 3, 2026
Title Company	MCLEAN COUNTY TITLE

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$825.00
Amount Accuracy	Rounded by County

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1507 E VERNON AVE, BLOOMINGTON, IL 61701-2001

Mortgage

Document Number	201800014817
Date	Sep 7, 2018
Instrument	2018-00014817

Lender

Name	BANKCHAMPAIGN NA
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	59 Months
Due	Aug 30, 2023

Interest

Rate	5.25%

Mortgage

Document Number	201800014819
Date	Sep 7, 2018
Instrument	2018-00014819

Lender

Name	BANKCHAMPAIGN NA
Type	Bank
Address	CHAMPAIGN, IL 61824

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Sep 6, 2023

Interest

Rate	5.5%

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		$255,660 (+14.23%) Land $116,101 Building $139,559	$766,980 (+14.23%) Land $348,303 Building $418,677
2024	$19,033.00 (+1.75%)
2023	$18,705.00 (+8.99%)	$223,806 (+10.83%) Land $101,635 Building $122,171	$671,418 (+10.83%) Land $304,905 Building $366,513
2022	$17,162.00	$201,937 Land $91,704 Building $110,233	$605,811 Land $275,112 Building $330,699

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.

Flood

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

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
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 342 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Frontier Fiber	7,000 / 7,000
Metronet Fiber	5,120 / 5,120
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: Pavlov Media, Watch TV.

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