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2501 E Oakland Ave, Bloomington, IL 61701 Property Records

McLean County property record for 2501 E Oakland Ave, Bloomington, IL 61701

Property Summary

Property TypeCommercial
Details5,202 sqft · built 1976
Lot Size0.54 acres (23,522 sqft)
Owner2 Individual Names on Record
Last Sale$365,000 (Mar 2025)
Tax Bill$11,497 (2024)
Deeds & MortgagesFeb 2017 Mortgage
Nov 2021 Mortgage
Flood ZoneZone X (minimal risk)
APN21-11-128-004

Property Details

APN / Parcel Number

Primary APN21-11-128-004

Interior

Plumbing Fixtures8 Plumbing Fixtures
Units2 Units
Stories1 Story
Building Area5,202 sqft Gross Area
1st Floor Area2,601 sqft
Basement Area2,601 sqft
FlooringTile
Interior WallsWallboard/Drywall

Exterior

Year BuiltBuilt 1976
Effective Year BuiltEffective 1976
Exterior MaterialBrick
Construction TypeWood
Roof MaterialComposition Shingle
Lot Area23,522 sqft (0.54 acres)
View / LotLake Front
Garage TypeBasement

Utilities, Heating & Cooling

Cooling SystemEvaporative
Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Street Address2501 E OAKLAND AVE
CityBLOOMINGTON
StateIL
Zip61701-5837
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionBEG SW COR LOT 1 ARTHUR KRAFT SUB: W88.5', N236.25', NE23.37', NE7.48', E82.5', S277.16' TO POB PT LOT 1 EWING & NOBLES SUB E1/2 NW 11-23-2E
Legal Range02E
Legal Township23N
Legal Section11
Legal SubdivisionARTHUR KRAFT SUB
Legal Lot Number1
JurisdictionMCLEAN IL
Township / Civil DivisionBLOOMINGTON CITY
Census Block Group1
Census Block1002
Census Tract5800

Owner

Source: McLean County records, as of May 7, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individual Names on Record
Mailing Address2922 FOX CREEK RD, BLOOMINGTON, IL 61705-6311
Owner TypeIndividual
VestingJoint Tenants

Deeds, Mortgages & Sale History

DateDocument
Feb 9, 2017Deed of Trust, Mortgage · Commercial Mortgage
IROQUOIS FSLA
Nov 3, 2021Deed of Trust, Mortgage · Commercial Mortgage
IROQUOIS FSLA

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleMar 19, 2025 · Amount on Record
Deed SaleMar 19, 2025 · Amount on Record
Deed Document Number20253528
Record UpdatedJun 8, 2026

February 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address2501 E OAKLAND AVE, BLOOMINGTON, IL 61701-5837
Transaction TypeMortgage
Record UpdatedSep 25, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number201700002631
DateFeb 9, 2017
Instrument2017-00002631
Lender
NameIROQUOIS FSLA
TypeBank
AddressSAVOY, IL 61874
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term11 Months
DueJan 13, 2018
Interest
Rate TypeAdjustable Rate
Rate3.75%
Change FrequencyMonthly
Min Rate At Change4.5%

November 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address2501 E OAKLAND AVE, BLOOMINGTON, IL 61701-5837
Transaction TypeMortgage
Record UpdatedSep 25, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number202100026398
DateNov 3, 2021
Instrument2021-00026398
Lender
NameIROQUOIS FSLA
TypeBank
AddressCHAMPAIGN, IL 61822
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term338 Months
DueJan 20, 2050

Tax Assessment & Valuation

Source: McLean County assessment roll, as of April 8, 2026

Property Jurisdictions

TypeName
StateIllinois
MunicipalityBloomington City
CountyMcLean County
County SubdivisionBloomington City Township
Unified School DistrictBloomington School District 87 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$154,431 (+14.23%) Land $109,659 Building $44,772$463,293 (+14.23%) Land $328,977 Building $134,316
2024$11,497.00 (+1.75%)
2023$11,299.00 (+9%)$135,190 (+10.83%) Land $95,996 Building $39,194$405,570 (+10.83%) Land $287,988 Building $117,582
2022$10,366.00$121,980 Land $86,616 Building $35,364$365,940 Land $259,848 Building $106,092

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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies1 in force
Nearby Flood Claims1 (2021)
Claims Outside the SFHA1 of 1
Most Recent ClaimJun 2021 · 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 RiskNot 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 SystemBLOOMINGTON
serves 79,000 people · EPA ID IL1130200
Water SourceSurface water
Last State InspectionAug 2023
Lead3 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
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 215 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Frontier
Fiber		7,000 / 7,000
Metronet
Fiber		5,120 / 5,120
Xfinity
Cable		1,200 / 35
Verizon
Fixed Wireless		300 / 20
AT&T
Fixed Wireless		100 / 20
T-Mobile
Fixed Wireless		100 / 20
Watch TV
Fixed Wireless		100 / 20

May also be available: Pavlov Media.

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