1509 Calhoun St, Bloomington, IL 61701 Property Records

McLean County property record for 1509 Calhoun St, Bloomington, IL 61701

Property Summary

Property Type	Commercial
Details	61,557 sqft · built 1974
Lot Size	3.69 acres (160,899 sqft)
Owner	Company Name on Record
Last Sale	$2,278,500 (Mar 2025)
Tax Bill	$34,016 (2024)
Deeds & Mortgages	Nov 2021 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`14-32-427-020`

Property Details

APN / Parcel Number

Primary APN	`14-32-427-020`

Interior

Units	234 Units
Stories	1 Story
Building Area	61,557 sqft Gross Area
1st Floor Area	30,957 sqft
Basement Area	30,600 sqft
Flooring	Tile
Interior Walls	Plaster
Fire Sprinklers	Fire Sprinklers

Exterior

Year Built	Built 1974
Effective Year Built	Effective 1974
Exterior Material	Combination
Construction Type	Frame
Foundation Type	Slab (Mat/Raft)
Roof Material	Built-Up Asphalt
Lot Area	160,899 sqft (3.69 acres)
Lot Dimensions	327 ft deep x 422 ft wide
View / Lot	Lake Front
Garage Type	Basement

Utilities, Heating & Cooling

Cooling System	A/C Chilled Water
Heating Fuel	Electric

Location & Zoning

Street Address	1509 CALHOUN ST
City	BLOOMINGTON
State	IL
Zip	61701-1514
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	BLOCKS 2,3,4&5 IN 40 ACRES SUB LOT 3 BLK 5
Legal Range	02E
Legal Township	24N
Legal Section	32
Legal Subdivision	ACRES
Legal Block	2,3,5
Legal Lot Number	3
Jurisdiction	MCLEAN IL
Township / Civil Division	BLOOMINGTON CITY
Census Block Group	2
Census Block	2003
Census Tract	1403

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	4655 W CHASE AVE, LINCOLNWOOD, IL 60712-1605
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 21, 2025 · Amount on Record
Deed Sale	Mar 21, 2025 · Amount on Record
Prior Sale	Nov 24, 2021 · Amount on Record
Deed Document Number	20253698
Prior Transfer Date	Mar 19, 2025
Prior Transfer Doc	0000003698
Record Updated	Oct 29, 2026

November 2021: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	Nov 24, 2021
Property Address	1509 CALHOUN ST, BLOOMINGTON, IL 61701-1514
Document Number	202100028012
Map Reference	DOC 73-111
Instrument Date	Nov 19, 2021
Instrument	2021-00028012
Transaction Type	Transfer
Record Updated	Sep 25, 2023
Title Company	CHICAGO TITLE COMPANY, CTIC

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$6,000.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	5151 CHURCH ST, SKOKIE, IL 60077-1123

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4655 W CHASE AVE, LINCOLNWOOD, IL 60712-1605

Mortgage

Document Number	202100028013
Date	Nov 24, 2021
Instrument	2021-00028013

Lender

Name	FIRST MID BANK & TRUST NA
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	58 Months
Due	Sep 9, 2026

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		$456,911 (+14.23%) Land $83,806 Building $373,105	$1,370,733 (+14.23%) Land $251,418 Building $1,119,315
2024	$34,016.00 (+1.75%)
2023	$33,430.00 (+8.99%)	$399,984 (+10.83%) Land $73,365 Building $326,619	$1,199,953 (+10.83%) Land $220,095 Building $979,858
2022	$30,672.00	$360,900 Land $66,196 Building $294,704	$1,082,700 Land $198,588 Building $884,112

Assessed value is set for property tax purposes, not a market price estimate; it is 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
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	Low lower than 98% of the US · lower than 86% of Illinois
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

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 303 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Xfinity Cable	1,200 / 35
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20