1701 E College Ave, Bloomington, IL 61704 Property Records

McLean County property record for 1701 E College Ave, Bloomington, IL 61704

Property Summary

Property Type	Commercial
Details	136,382 sqft · built 1994
Lot Size	9.53 acres (415,126 sqft)
Owner	Company Name on Record
Last Sale	$39,000,000 (Nov 2025)
Tax Bill	$366,628 (2023)
Deeds & Mortgages	Jun 2022 Line of Credit May 2010 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`14-26-426-002`

Property Details

APN / Parcel Number

Primary APN	`14-26-426-002`

Interior

Units	2 Units
Stories	2 Stories
Building Area	136,382 sqft Gross Area
1st Floor Area	34,735 sqft
Basement Area	34,735 sqft
Finished Basement	34,735 sqft
Flooring	Tile
Interior Walls	Plaster
Fire Sprinklers	Fire Sprinklers
Elevator	Elevator

Exterior

Year Built	Built 1994
Effective Year Built	Effective 1994
Exterior Material	Stucco
Construction Type	Steel Frame
Roof Material	Other
Lot Area	415,126 sqft (9.53 acres)
Lot Dimensions	940 ft deep x 443 ft wide
View / Lot	Lake Front
Garage Type	Basement

Utilities, Heating & Cooling

Cooling System	Evaporative
Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	1701 E COLLEGE AVE
City	BLOOMINGTON
State	IL
Zip	61704-2101
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	RESURVEY OF LOT 8 IN THE SHIRK SURVEY LT 9 (EX PT FOR RD AS IN 00-29248)
Legal Range	02E
Legal Township	24N
Legal Section	26
Legal Subdivision	IN SHIRK SURV LT
Legal Lot Number	8,9
Jurisdiction	MCLEAN IL
Township / Civil Division	BLOOMINGTON CITY
Census Block Group	1
Census Block	1043
Census Tract	504

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	3500 MAPLE AVE, 1600, DALLAS, TX 75219-3936
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Jun 21, 2022	Deed of Trust, Mortgage · Line of Credit BUSEY BANK
May 21, 2010	Deed of Trust, Mortgage · Commercial Mortgage CTL LENDING GROUP LLC
Nov 3, 2025	Special Warranty Deed, Transfer · Line of Credit HANCOCK WHITNEY BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 3, 2025 · Amount on Record
Deed Sale	Nov 3, 2025 · Amount on Record
Deed Document Number	202515833
Record Updated	Jun 8, 2026

June 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	1701 E COLLEGE AVE, BLOOMINGTON, IL 61704-2101
Transaction Type	Mortgage
Record Updated	Apr 3, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	202200011131
Date	Jun 21, 2022
Instrument	2022-00011131

Lender

Name	BUSEY BANK
Type	Bank
Address	PEORIA, IL 61614

Agreement

Type	Line of Credit
Amount	Amount Recorded

May 2010: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	1701 E COLLEGE AVE, BLOOMINGTON, IL 61704-2101
Transaction Type	Mortgage
Record Updated	Apr 3, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	201000010827
Date	May 21, 2010
Instrument	2010-00010827

Lender

Name	CTL LENDING GROUP LLC
Address	NEW YORK, NY 10169

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

November 2025: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	Nov 3, 2025
Property Address	1701 E COLLEGE AVE, BLOOMINGTON, IL 61704-2101
Document Number	202500015833
Map Reference	DOC 88-14888
Instrument Date	Oct 17, 2025
Instrument	2025-00015833
Transaction Type	Transfer
Record Updated	Apr 3, 2026
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$39,000.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3500 MAPLE AVE STE 1600, 1600, DALLAS, TX 75219-3936
Mail Care Of	LEON HC ACQUISITIONS LLC

Mortgage

Document Number	202500015834
Date	Nov 3, 2025
Instrument	2025-00015834

Lender

Name	HANCOCK WHITNEY BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	59 Months
Due	Oct 1, 2030

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		$4,572,809 (+2.26%) Land $302,386 Building $4,270,423	$13,718,427 (+2.26%) Land $907,158 Building $12,811,269
2024		$4,471,747 (+3.34%) Land $295,703 Building $4,176,044	$13,415,255 (+3.34%) Land $887,110 Building $12,528,145
2023	$366,628.00 (-1.6%)	$4,327,218 (+2.62%) Land $286,146 Building $4,041,072	$12,981,667 (+2.62%) Land $858,439 Building $12,123,228
2022	$372,591.00 (+4.63%)	$4,216,739 Land $278,840 Building $3,937,899	$12,650,217 Land $836,520 Building $11,813,697
2019	$356,091.00

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

FEMA Flood Zone	Zone X minimal risk
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	Low lower than 98% of the US · lower than 86% of Illinois
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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 44 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Pavlov Media Fiber	8,000 / 8,000
Metronet Fiber	5,120 / 5,120
Xfinity Cable	1,200 / 35
Watch TV Fixed Wireless	100 / 20

May also be available: Frontier, Verizon.

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