407 W Willow St, Normal, IL 61761 Property Records

McLean County property record for 407 W Willow St, Normal, IL 61761

Property Summary

Property Type	Commercial
Details	24 bd · 4,748 sqft · built 1987
Lot Size	0.197 acres (8,580 sqft)
Owner	Company Name on Record
Last Sale	$13,250,000 (Nov 2022)
Tax Bill	$12,889 (2024)
Deeds & Mortgages	Apr 2018 Mortgage Mar 2017 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`14-28-178-003`

Property Details

APN / Parcel Number

Primary APN	`14-28-178-003`

Interior

Bedrooms	24 Beds
Total Rooms	36 Rooms
Units	12 Units
Building Area	4,748 sqft Living Area
1st Floor Area	2,291 sqft
Basement Area	2,362 sqft

Exterior

Year Built	Built 1987
Effective Year Built	Effective 1987
Exterior Material	Brick
Roof Type	Gable
Roof Material	Asphalt
Lot Area	8,580 sqft (0.197 acres)
Lot Dimensions	132 ft deep x 65 ft wide

Utilities, Heating & Cooling

Heating Fuel	Electric

Location & Zoning

Street Address	407 W WILLOW ST
City	NORMAL
State	IL
Zip	61761-2400
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	R-3A
Legal Description	TWENTY THIRD ADD E65 LOT 7 & 8 BLK 2
Legal Range	02E
Legal Township	24N
Legal Section	28
Legal Subdivision	TWENTY THIRD ADD
Legal Block	2
Legal Lot Number	7,8
Jurisdiction	MCLEAN IL
Township / Civil Division	NORMAL
Census Block Group	1
Census Block	1002
Census Tract	200

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	603 N FRANKLIN ST # 1010, 1010, CHICAGO, IL 60654
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Apr 23, 2018	Quit Claim Deed, Transfer · Commercial Mortgage HUNT MORTGAGE
Mar 9, 2017	Warranty Deed, Transfer · Commercial Mortgage INVESTMENT PROPRTY EXCHANGE SERVICE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 10, 2022 · Amount on Record
Deed Sale	Nov 10, 2022 · Amount on Record
Prior Sale	Mar 9, 2017 · Amount on Record
Deed Document Number	202219937
Record Updated	Jun 8, 2026

April 2018: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	MCLEAN IL
Recording Date	Apr 23, 2018
Property Address	407 W WILLOW ST, NORMAL, IL 61761-2400
Document Number	201800006133
Map Reference	MB3 PG400
Instrument Date	Mar 29, 2018
Instrument	2018-00006133
Transaction Type	Transfer
Record Updated	Apr 30, 2024
Title Company	FIRST AMERICAN TITLE

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Quitclaim Intrafamily Transfer Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	510 S NCIL ST, CHAMPAIGN, IL 61820-5220

Mortgage

Document Number	201800006134
Date	Apr 23, 2018
Instrument	2018-00006134

Lender

Name	HUNT MORTGAGE
Type	Mortgage Company

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	145 Months
Due	May 1, 2030

March 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	Mar 9, 2017
Property Address	407 W WILLOW ST, NORMAL, IL 61761-2400
Document Number	201700004131
Map Reference	MB03 PG400
Instrument Date	Jan 31, 2017
Instrument	2017-00004131
Transaction Type	Transfer
Record Updated	Apr 30, 2024
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$18,750.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	00000
Investor	Possibly a Property Investor

Mortgage

Document Number	201700004135
Date	Mar 9, 2017
Instrument	2017-00004135

Lender

Name	INVESTMENT PROPRTY EXCHANGE SERVICE
Type	Seller

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	47 Months
Due	Jan 31, 2021

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	McLean County
County Subdivision	Normal Township
Municipality	Normal Town
Unified School District	McLean County Unit School District 5 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$156,731 (-) Land $41,314 Building $115,417	$470,193 (-) Land $123,942 Building $346,251
2024	$12,889.00 (-3.91%)
2023	$13,414.00 (+5.46%)	$156,731 (+10.69%) Land $31,144 Building $125,587	$470,193 (+10.69%) Land $93,432 Building $376,761
2022	$12,719.00	$141,594 Land $28,136 Building $113,458	$424,782 Land $84,408 Building $340,374

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	NORMAL serves 52,736 people · EPA ID IL1130900
Water Source	Groundwater
Last State Inspection	Aug 2025
Lead	4 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	None 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 368 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	1,200 / 35
Verizon Fixed Wireless	300 / 20

May also be available: Pavlov Media, Watch TV.

Nearby Properties on W Willow St

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures