2501 E College Ave, #3, Bloomington, IL 61704 Property Records

McLean County property record for 2501 E College Ave, #3, Bloomington, IL 61704

Property Summary

Property Type	Commercial
Details	11,414 sqft · built 2001
Lot Size	0.532 acres (23,195 sqft)
Owner	Company Name on File
Last Sale	$605,000 (May 2021)
Tax Bill	$19,191 (2024)
Deeds & Mortgages	May 2022 Construction Loan Sep 2021 Line of Credit + 2 more
Flood Zone	Zone X (minimal risk)
APN	`14-25-305-003`

Property Details

APN / Parcel Number

Primary APN	`14-25-305-003`

Interior

Plumbing Fixtures	16 Plumbing Fixtures
Units	2 Units
Stories	1 Story
Building Area	11,414 sqft Gross Area
1st Floor Area	4,936 sqft
Basement Area	4,936 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 2001
Effective Year Built	Effective 2001
Architectural Style	Condo/Apartment
Exterior Material	Brick Veneer
Construction Type	Wood
Roof Material	Composition Shingle
Lot Area	23,195 sqft (0.532 acres)
Lot Dimensions	180 ft deep x 281 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	2501 E COLLEGE AVE, 3
City	BLOOMINGTON
State	IL
Zip	61704-2484
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	B.B.S. CONDO UNIT 3
Legal Range	02E
Legal Township	24N
Legal Section	25
Legal Subdivision	B.B.S. CONDO
Jurisdiction	MCLEAN IL
Township / Civil Division	BLOOMINGTON CITY
Census Block Group	2
Census Block	2007
Census Tract	506

Owner

2501 E College Ave, #3 is owned by a company that bought it in May 2021.

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

Owner of Record	Company Name on File
Mailing Address	1008 N MAIN ST, BLOOMINGTON, IL 61701-1784
Owner Type	Company
Vesting	Limited Liability Partnership

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

Deeds, Mortgages & Sale History

Date	Document
May 4, 2022	Deed of Trust, Mortgage · Construction Mortgage MORTON COMMUNITY BANK
Sep 10, 2021	Deed of Trust, Mortgage · Line of Credit MORTON COMMUNITY BANK
Jul 14, 2022	Deed, Transfer
May 26, 2021	Warranty Deed, Transfer NOT AVAILABLE, FTC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 26, 2021 · Amount on File
Deed Sale	May 26, 2021 · Amount on File
Deed Document Number	202112484
Record Updated	Jun 8, 2026

May 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	2501 E COLLEGE AVE # 3, 3, BLOOMINGTON, IL 61704-2484
Transaction Type	Mortgage
Record Updated	Apr 30, 2024
Title Company	ALLIANCE LAND TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1008 N MAIN ST, BLOOMINGTON, IL 61701-1784

Mortgage

Document Number	202200008213
Date	May 4, 2022
Instrument	2022-00008213

Lender

Name	MORTON COMMUNITY BANK
Type	Bank
Address	MORTON, IL 61550

Agreement

Type	Construction Mortgage
Amount	Amount on Record

September 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	2501 E COLLEGE AVE # 3, 3, BLOOMINGTON, IL 61704-2484
Transaction Type	Mortgage
Record Updated	Apr 30, 2024
Title Company	ALLIANCE LAND TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1008 N MAIN ST, BLOOMINGTON, IL 61701-1784

Mortgage

Document Number	202100021953
Date	Sep 10, 2021
Instrument	2021-00021953

Lender

Name	MORTON COMMUNITY BANK
Type	Bank
Address	MORTON, IL 61550

Agreement

Type	Line of Credit
Amount	Amount on Record

July 2022: Deed, Transfer

Document Type	Deed
Jurisdiction	MCLEAN IL
Recording Date	Jul 14, 2022
Property Address	2501 E COLLEGE AVE # 3, 3, BLOOMINGTON, IL 61704-2484
Document Number	202200012363
Instrument Date	Jun 9, 2022
Instrument	2022-00012363
Transaction Type	Transfer
Record Updated	Apr 30, 2024

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1008 N MAIN ST, BLOOMINGTON, IL 61701-1784

May 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	May 26, 2021
Property Address	2501 E COLLEGE AVE # 3, 3, BLOOMINGTON, IL 61704-2484
Document Number	202100012484
Map Reference	DOC 2001R34519
Instrument Date	May 13, 2021
Instrument	2021-00012484
Transaction Type	Transfer
Record Updated	Apr 30, 2024
Title Company	NOT AVAILABLE, FTC

Transaction

Amount	Amount on Record
Tax	$907.50
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2205 E EMPIRE ST STE K, K, BLOOMINGTON, IL 61704-3709

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		$259,118 Land $69,504 Building $189,614	$777,354 Land $208,512 Building $568,842
2024	$19,191.00 (-1.51%)
2023	$19,486.00 (-1.6%)	$229,990 (+2.62%) Land $61,511 Building $168,479	$689,971 (+2.62%) Land $184,533 Building $505,438
2022	$19,803.00	$224,119 Land $59,941 Building $164,178	$672,357 Land $179,823 Building $492,534

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

FEMA maps place 2501 E College Ave, #3 in Zone X, an area of minimal flood risk.

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	1 in force

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

The area around 2501 E College Ave, #3 has no burnable land within ember reach, so its wildfire risk is not rated.

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 327 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
Watch TV Fixed Wireless	100 / 20

May also be available: Pavlov Media.

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