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407 N Highway Ave, Downs, IL 61736 Property Records

McLean County property record for 407 N Highway Ave, Downs, IL 61736

Property Summary

Property TypeCommercial
Lot Size0.474 acres (20,635 sqft)
OwnerCompany Name on Record
Last Sale$75,000 (Jun 2026)
Tax Bill$2,307 (2024)
Deeds & MortgagesJun 2026 Sale & Mortgage
Nov 2018 Transfer
Flood ZoneZone X (minimal risk)
APN29-04-226-001

Property Details

APN / Parcel Number

Primary APN29-04-226-001

Exterior

Lot Area20,635 sqft (0.474 acres)

Location & Zoning

Street Address407 N HIGHWAY AVE
CityDOWNS
StateIL
Zip61736-9349
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionSURVEY PT L4 WEAVER EST IN NE 4-22-3E
Legal Range03E
Legal Township22N
Legal Section04
Legal SubdivisionWEAVER EST
Legal Lot Number4
JurisdictionMCLEAN IL
Township / Civil DivisionDOWNS
Census Block Group3
Census Block3026
Census Tract5401

Owner

Source: McLean County records, as of August 10, 2026

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

Owner of RecordCompany Name on Record
Mailing Address10552 N 2400 EAST RD, DOWNS, IL 61736-9410
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Jun 4, 2026Warranty Deed, Transfer · Seller Carry-Back
NONE LISTED ON DOCUMENT
Nov 27, 2018Intrafamily Transfer, Transfer
ATTORNEY ONLY, ATTORNEY

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 4, 2026 · Amount on Record
Deed SaleJun 4, 2026 · Amount on Record
Deed Document Number20267513
Prior Transfer DateNov 19, 2018
Prior Transfer Doc0000019166
Record UpdatedSep 20, 2026

June 2026: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateJun 4, 2026
Property Address407 N HIGHWAY AVE, DOWNS, IL 61736-9349
Document Number0000007513
Instrument DateMay 14, 2026
Instrument20267513
Transaction TypeTransfer
Record UpdatedJun 15, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$11,362.50
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership
Address10552 N 2400 EAST RD, DOWNS, IL 61736-9410

Mortgage

Document Number0000007514,
DateJun 4, 2026
Instrument20267514
Lender
Special NotesSeller Financed
Agreement
TypeSeller Carry-Back
AmountAmount Recorded
Interest
Rate6.23%
Max Rate-1%

November 2018: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionMCLEAN IL
Recording DateNov 27, 2018
Property Address407 N HIGHWAY AVE, DOWNS, IL 61736-9349
Document Number201800019166
Instrument DateNov 19, 2018
Instrument2018-00019166
Transaction TypeTransfer
Record UpdatedSep 25, 2023
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name
Address00000

Transferred To (Grantee/Buyer)

NameVerified Name
Address610 E WASHINGTON ST, DOWNS, IL 61736-9329
InvestorPossibly a Property Investor

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyMcLean County
County SubdivisionDowns Township
MunicipalityDowns Village
Unified School DistrictTri-Valley Community Unit School District 3 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$27,849 (+20.26%) Land $11,525 Building $16,324$83,547 (+20.26%) Land $34,575 Building $48,972
2024$2,307.00 (+12.98%)
2023$2,042.00 (+7.25%)$23,157 (+9.47%) Land $9,583 Building $13,574$69,471 (+9.47%) Land $28,749 Building $40,722
2022$1,904.00$21,154 Land $8,754 Building $12,400$63,462 Land $26,262 Building $37,200

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 (2026)
Claims Outside the SFHA1 of 1
Most Recent ClaimAug 2026 · river or lake flooding

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 RiskLow
lower than 98% of the US · lower than 86% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation

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 SystemDOWNS
serves 1,201 people · EPA ID IL1130500
Water SourceGroundwater
Last State InspectionOct 2025
LeadUnder 1 ppb (2026)
action level 15 ppb
Copper1.4 mg/L (2025)
action level 1.3 mg/L

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureCorrosion control
currently in violation since Jan 2026
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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 228 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Pavlov Media
Fiber		1,000 / 1,000
Mediacom Xtream
Cable		1,000 / 50
Verizon
Fixed Wireless		300 / 20
Watch TV
Fixed Wireless		100 / 20
AT&T
Fixed Wireless		100 / 20

May also be available: Nextlink.

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