1540 E College Ave, Normal, IL 61761 Property Records

McLean County property record for 1540 E College Ave, Normal, IL 61761 · Last verified April 2026

Property Highlights

Property Type	Commercial > Retail
Year Built	Built 1986
Square Footage	48,495 sqft Building Perimeter
Lot Size	165,964 sqft (3.76 acres)
Last Sale	$2,000,000 (2017)
Tax Bill	$56,521.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`14-26-176-018`

Interior

Units	36 Units
Building Area	48,495 sqft Building Perimeter
1st Floor	48,495 sqft 1st Floor
Stories	1 Stories

Exterior

Year Built	Built 1986
Effective Year Built	Effective 1986
Exterior Material	Brick Exterior
Roof Construction	Flat Roof Construction
Roof Material	Asphalt Roof
Lot Area	165,964 sqft (3.76 acres)
Depth X Width	590 ft x 320 ft Depth x Width

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Forced Air with Air Conditioning Heating
Heating Fuel	Gas Heating Fuel

Location & Zoning

Street Address	1540 E COLLEGE AVE
City	NORMAL
State	IL
Zip	61761-2136
Property Usage	Commercial Property Usage
Type	Commercial > Retail
Legal Description	LOT 1 LANDMARK MALL PUD SUB
Legal Range	02E
Legal Township	24N
Legal Section	26
Legal Subdivision	LANDMARK MALL PUD SUB
Legal Lot Number	1
Jurisdiction	MCLEAN IL
Minor Civil Division	NORMAL
Census Blockgroup	1
Census Block	1027
Census Tract	504

Owner

Source: McLean County records · APN 14-26-176-018

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 Record	2 Individual Names on File
Mailing Address	2347 TUDOR LN, CLEARWATER, FL 33763-1449
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Known Transactions	Last Sale Amount on Dec 27, 2017 Deed Sale Price on Dec 27, 2017
Deed Doc Number	201722731
Record Refreshed	Jun 08, 2026

December 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	Dec 27, 2017
Property Address	1540 E COLLEGE AVE, NORMAL, IL 61761-2136
Document Number	201700022731
Map Reference	DOC89-3004
Instrument Date	Dec 14, 2017
Instrument	2017-00022731
Transaction Type	Transfer
Record Updated	Apr 30, 2024
Title Company	FRONTIER TITLE COMPANY, FRONTIER TITLE CO

Transaction

Amount	Amount Recorded
Tax	$30,000.00
Amount Accuracy	Rounded Values by County
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	507 WELLESLEY DR, NORMAL, IL 61761-2481

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	McLean County
County Subdivision	Normal Township
Municipality	Normal Town
Unified School District	McLean 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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$759,745 (-17.93%) Land $408,593 Building $351,152	$2,279,235 (-17.93%) Land $1,225,779 Building $1,053,456
2024	$56,521.00 (-28.66%)
2023	$79,227.00 (+22.23%)	$925,691 (+28.29%) Land $335,221 Building $590,470	$2,777,076 (+28.29%) Land $1,005,664 Building $1,771,412
2022	$64,819.00	$721,575 Land $302,847 Building $418,728	$2,164,725 Land $908,541 Building $1,256,184