306 Mecherle Dr, Bloomington, IL 61701 Property Records

McLean County property record for 306 Mecherle Dr, Bloomington, IL 61701

Property Summary

Property Type	Commercial Vacant Land
Details	2 bd · 14,800 sqft · built 1960
Lot Size	0.292 acres (12,706 sqft)
Owner	Company Name on Record
Last Sale	$5,000,000 (Sep 2022)
Tax Bill	$12,537 (2024)
Deeds & Mortgages	Apr 2026 Line of Credit Sep 2022 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`14-35-355-002`

Property Details

APN / Parcel Number

Primary APN	`14-35-355-002`

Interior

Bedrooms	2 Beds
Units	22 Units
Stories	2 Stories
Building Area	14,800 sqft Gross Area
1st Floor Area	3,700 sqft
Basement Area	3,700 sqft
Finished Basement	3,700 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 1960
Effective Year Built	Effective 1960
Exterior Material	Aluminum/Vinyl
Construction Type	Wood
Roof Material	Composition Shingle
Lot Area	12,706 sqft (0.292 acres)
Lot Dimensions	147 ft deep x 80 ft wide
View / Lot	Lake Front
Garage Type	Basement

Utilities, Heating & Cooling

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

Location & Zoning

Street Address	306 MECHERLE DR
City	BLOOMINGTON
State	IL
Zip	61701-2174
Property Category	Commercial
Property Type	Vacant Land > Commercial
Legal Description	SIXTH ADD TO FAIRWAY KNOLLS LOT 280
Legal Range	02E
Legal Township	24N
Legal Section	35
Legal Subdivision	FAIRWAY KNOLLS
Legal Lot Number	280
Jurisdiction	MCLEAN IL
Township / Civil Division	BLOOMINGTON CITY
Census Block Group	1
Census Block	1011
Census Tract	1200

Owner

Source: McLean County records, as of April 24, 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	830 CHESTNUT AVE, WILMETTE, IL 60091-1744
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Apr 15, 2026	Deed of Trust, Mortgage · Line of Credit GREYSTONE SERVICING COMPANY LLC
Sep 20, 2022	Warranty Deed, Transfer · Commercial Mortgage MORTON COMMUNITY BANK
Jul 12, 2013	Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 20, 2022 · Amount on Record
Deed Sale	Sep 20, 2022 · Amount on Record
Deed Document Number	202216805
Prior Transfer Date	Sep 14, 2022
Prior Transfer Doc	0000016805
Record Updated	Oct 29, 2026

April 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Recording Date	Apr 15, 2026
Property Address	306 MECHERLE DR, BLOOMINGTON, IL 61701-2174
Document Number	0000004966
Instrument Date	Sep 12, 2025
Instrument	20264966
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266

Mortgage

Document Number	0000004966,
Date	Apr 15, 2026
Instrument	20264966

Lender

Name	GREYSTONE SERVICING COMPANY LLC

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	78 Months
Due	Oct 1, 2032

Interest

Rate	6.58%
Max Rate	-1%

September 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	Sep 20, 2022
Property Address	306 MECHERLE DR, BLOOMINGTON, IL 61701-2174
Document Number	202200016805
Instrument Date	Sep 14, 2022
Instrument	2022-00016805
Transaction Type	Transfer
Record Updated	Apr 13, 2026
Title Company	ALLIANCE LAND TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$5,000.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	825 BRICKELL BAY DR # 246-3, 246, MIAMI, FL 33131-2968

Mortgage

Document Number	202200016806
Date	Sep 20, 2022
Instrument	2022-00016806

Lender

Name	MORTON COMMUNITY BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

July 2013: Deed, Transfer

Document Type	Deed
Jurisdiction	MCLEAN IL
Recording Date	Jul 12, 2013
Property Address	306 MECHERLE DR, BLOOMINGTON, IL 61701-2174
Document Number	201300017951
Instrument Date	May 1, 2013
Instrument	2013-00017951
Transaction Type	Transfer
Record Updated	Apr 13, 2026

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length Partial Interest Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	138 E BEAUFORT ST STE A, A, NORMAL, IL 61761-3343

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	Bloomington School District 87 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$162,869 (+8.85%) Land $31,836 Building $131,033	$488,607 (+8.85%) Land $95,508 Building $393,099
2024	$12,537.00 (+0.25%)
2023	$12,506.00 (+26.16%)	$149,632 (+28.28%) Land $29,248 Building $120,384	$448,896 (+28.28%) Land $87,744 Building $361,152
2022	$9,913.00	$116,649 Land $22,801 Building $93,848	$349,947 Land $68,403 Building $281,544

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; 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 166 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Frontier Fiber	7,000 / 7,000
Metronet Fiber	5,120 / 5,120
Xfinity Cable	2,000 / 250
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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