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408 E College Ave, Normal, IL 61761 Property Records

McLean County property record for 408 E College Ave, Normal, IL 61761 · Last verified April 2026

Property Highlights

Property TypeCommercial > Retail
Year BuiltBuilt 1979
Square Footage3,880 sqft Building Perimeter
Lot Size17,296 sqft (0.397 acres)
Last Sale$425,000 (2022)
Tax Bill$4,674.00 (2024)

Property Details

APN / Parcel Number

Primary APN14-27-168-005

Interior

Units3 Units
Building Area3,880 sqft Building Perimeter
1st Floor3,880 sqft 1st Floor
Stories1 Stories

Exterior

Year BuiltBuilt 1979
Effective Year BuiltEffective 1979
Exterior MaterialBrick Exterior
Roof ConstructionGable Roof Construction
Roof MaterialAsphalt Roof
Lot Area17,296 sqft (0.397 acres)
Depth X Width132 ft x 132 ft Depth x Width

Utilities and HVAC

Cooling SystemCentral Cooling
Heating SystemForced Air with Air Conditioning Heating
Heating FuelGas Heating Fuel

Location & Zoning

Street Address408 E COLLEGE AVE
CityNORMAL
StateIL
Zip61761-3078
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal DescriptionSIXTH ADD TO NORMAL LOT 5 & 6 BLK 2
Legal Range02E
Legal Township24N
Legal Section27
Legal SubdivisionSIXTH ADD
Legal Block2
Legal Lot Number5,6
JurisdictionMCLEAN IL
Minor Civil DivisionNORMAL
Census Blockgroup3
Census Block3010
Census Tract504

Owner

Source: McLean County records · APN 14-27-168-005

Assessment roll updated April 8, 2026 · Last verified April 2026

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

Owner of RecordCompany Name on File
Mailing Address2810 TRACTAR LN, BLOOMINGTON, UK 6170
Owner TypeOwner is a Company
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Jun 02, 2017Deed of Trust, Mortgage · Commercial Mortgage
ILLINOIS NATIONAL BANK
Aug 01, 2022Warranty Deed, Transfer · Commercial Mortgage
FIRST FINANCIAL BANK NA
Oct 05, 2005Trustee's Deed, Foreclosure · Line of Credit
BANK OF ILLINOIS

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleAug 01, 2022 · Amount on Record
Deed SaleAug 01, 2022 · Amount on Record
Prior SaleApr 11, 2012 · Amount on Record
Deed Doc Number202213516
Record RefreshedJun 08, 2026

June 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address408 E COLLEGE AVE, NORMAL, IL 61761-3078
Transaction TypeMortgage
Record UpdatedApr 03, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number201700009606
DateJun 02, 2017
Instrument2017-00009606
Lender
NameILLINOIS NATIONAL BANK
TypeBank
AddressBLOOMINGTON, IL 61704
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

August 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateAug 01, 2022
Property Address408 E COLLEGE AVE, NORMAL, IL 61761-3078
Document Number202200013516
Instrument DateJul 18, 2022
Instrument2022-00013516
Transaction TypeTransfer
Record UpdatedSep 25, 2023
Title CompanyALLIANCE LAND TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$425.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address2810 TRACTOR LN, BLOOMINGTON, IL 61704-9162

Mortgage

Document Number202200013517
DateAug 01, 2022
Instrument2022-00013517
Lender
NameFIRST FINANCIAL BANK NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term119 Months
DueJul 18, 2032
Interest
Rate TypeAdjustable Rate
Rate5%
Min Rate At Change2%

October 2005: Trustee's Deed, Foreclosure

Document TypeTrustee's Deed
JurisdictionMCLEAN IL
Recording DateOct 05, 2005
Property Address408 E COLLEGE AVE, NORMAL, IL 61761-3078
Document Number200500030255
Instrument DateSep 20, 2005
Instrument2005-00030255
Transaction TypeForeclosure
Record UpdatedApr 03, 2026

Transaction

Tax$0.00

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipRight Of Survivorship
Address26 BRUNTON CT, BLOOMINGTON, IL 61704-1531
InvestorPossibly a Property Investor

Mortgage

Document Number200500030256
DateOct 05, 2005
Instrument2005-00030256
Lender
NameBANK OF ILLINOIS
TypeBank
Agreement
TypeLine of Credit
AmountAmount Recorded

Tax Assessment & Valuation

Source: McLean County records · Assessment roll updated April 8, 2026 · Last verified April 2026

Property Jurisdictions

TypeName
StateIllinois
CountyMcLean County
County SubdivisionNormal Township
MunicipalityNormal Town
Unified School DistrictMcLean County Unit School District 5 (PK - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$62,830 (+21.89%) Land $14,817 Building $48,013$188,490 (+21.89%) Land $44,451 Building $144,039
2024$4,674.00 (+5.96%)
2023$4,411.00 (-49.5%) Additional exemption filed$51,547 (-46.99%) Land $12,156 Building $39,391$154,641 (-46.99%) Land $36,468 Building $118,173
2022$8,735.00$97,247 Land $22,933 Building $74,314$291,741 Land $68,799 Building $222,942

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, McLean County (17113C), updated June 27, 2019 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

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