1602 General Electric Rd, Bloomington, IL 61704 Property Records

McLean County property record for 1602 General Electric Rd, Bloomington, IL 61704

Property Summary

Property Type	Commercial
Details	48,094 sqft · built 1988
Lot Size	2.81 acres (122,403 sqft)
Owner	Company Name on Record
Last Sale	$3,500,000 (Mar 2019)
Tax Bill	$57,568 (2024)
Deeds & Mortgages	Jan 2026 Construction Loan Mar 2019 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`14-26-451-005`

Property Details

APN / Parcel Number

Primary APN	`14-26-451-005`

Interior

Plumbing Fixtures	8 Plumbing Fixtures
Units	3 Units
Stories	1 Story
Building Area	48,094 sqft Gross Area
1st Floor Area	24,047 sqft
Basement Area	24,047 sqft
Flooring	Tile
Interior Walls	Plaster

Exterior

Year Built	Built 1988
Effective Year Built	Effective 1988
Exterior Material	Concrete Block
Construction Type	Steel Frame
Foundation Type	Slab (Mat/Raft)
Roof Material	Built-Up Asphalt
Lot Area	122,403 sqft (2.81 acres)
Lot Dimensions	320 ft deep x 300 ft wide
View / Lot	Lake Front
Garage Type	Basement
Total Buildings	2 Buildings

Utilities, Heating & Cooling

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

Location & Zoning

Street Address	1602 GENERAL ELECTRIC RD
City	BLOOMINGTON
State	IL
Zip	61704-2283
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	(EX .06A FOR RD) LOT 1 SUGAR CREEK SUB
Legal Range	02E
Legal Township	24N
Legal Section	26
Legal Subdivision	SUGAR CREEK
Legal Lot Number	1
Jurisdiction	MCLEAN IL
Township / Civil Division	BLOOMINGTON CITY
Census Block Group	1
Census Block	1053
Census Tract	504

Owner

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

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

Owner of Record	Company Name on Record
Mailing Address	1601 FORT JESSE RD, 200, NORMAL, IL 61761-2284
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Jan 2, 2026	Deed of Trust, Mortgage · Construction Mortgage KEY BANK NA
Mar 20, 2019	Warranty Deed, Transfer · Commercial Mortgage KEY BANK NA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 20, 2019 · Amount on Record
Deed Sale	Mar 20, 2019 · Amount on Record
Deed Document Number	20193999
Record Updated	Oct 29, 2026

January 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	1602 GENERAL ELECTRIC RD, BLOOMINGTON, IL 61704-2283
Transaction Type	Mortgage
Record Updated	Jan 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1601 FORT JESSE RD, NORMAL, IL 61761-2284

Mortgage

Document Number	202600000094
Date	Jan 2, 2026
Instrument	2026-00000094

Lender

Name	KEY BANK NA
Type	Bank
Address	CLEVELAND, OH 44144

Agreement

Type	Construction Mortgage
Amount	Amount Recorded

March 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	Mar 20, 2019
Property Address	1602 GENERAL ELECTRIC RD, BLOOMINGTON, IL 61704-2283
Document Number	201900003999
Map Reference	DOC 86-20358
Instrument Date	Mar 11, 2019
Instrument	2019-00003999
Transaction Type	Transfer
Record Updated	Sep 25, 2023
Title Company	FRONTIER TITLE COMPANY, FRONTIER TITLE CO

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$5,250.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1601 FORT JESSE RD # 200, 200, NORMAL, IL 61761-2284

Mortgage

Document Number	201900004000
Date	Mar 20, 2019
Instrument	2019-00004000

Lender

Name	KEY BANK NA
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

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	McLean County Unit School District 5 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$776,432 (+14.23%) Land $208,451 Building $567,981	$2,329,296 (+14.23%) Land $625,353 Building $1,703,943
2024	$57,568.00 (-0.03%)
2023	$57,587.00 (+6.27%)	$679,695 (+10.83%) Land $182,480 Building $497,215	$2,039,087 (+10.83%) Land $547,441 Building $1,491,646
2022	$54,189.00	$613,280 Land $164,649 Building $448,631	$1,839,840 Land $493,947 Building $1,345,893

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 · OpenFEMA NFIP redacted claims and policies, as of September 2026

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
Nearby Flood Policies	3 in force
Nearby Flood Claims	3 (1979–1997)
Most Recent Claim	Jun 1997 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; 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 150 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, Watch TV.

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