501 E Lafayette St, Bloomington, IL 61701 Property Records

McLean County property record for 501 E Lafayette St, Bloomington, IL 61701

Property Summary

Property TypeCommercial
Details82,848 sqft · built 1958
Lot Size12.7 acres (553,648 sqft)
Owner2 Company Names on Record
Tax Bill$78,288 (2024)
Flood ZoneZone X (minimal risk)
APN21-09-480-002

Property Details

APN / Parcel Number

Primary APN21-09-480-002

Interior

Plumbing Fixtures24 Plumbing Fixtures
Units4 Units
Stories1 Story
Building Area82,848 sqft Gross Area
1st Floor Area40,421 sqft
Basement Area40,663 sqft
FlooringTile
Interior WallsPlaster

Exterior

Year BuiltBuilt 1958
Effective Year BuiltEffective 1958
Exterior MaterialConcrete Block
Construction TypeSteel Frame
Roof MaterialBuilt-Up Asphalt
Lot Area553,648 sqft (12.7 acres)
Lot Dimensions795 ft deep x 616 ft wide
View / LotLake Front
Garage TypeDetached
Total Buildings3 Buildings

Utilities, Heating & Cooling

Cooling SystemEvaporative
Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Street Address501 E LAFAYETTE ST
CityBLOOMINGTON
StateIL
Zip61701-6857
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionSUB W1/2 SE 9-23-2E LOT 8 & E318.78 LOT 9 & CO CLERKS SUBN E END LOT 1, ALL LOTS 3, 4, 5, & 9 HUNTS SUBN E1/2 SE 9-23-2E - LOT 22 & HUNTS SUBN E1/2 SE 9-23-2E - LOT 10 12.71 ACRES
Legal SubdivisionCLERKS SUB
Legal Lot Number8
JurisdictionMCLEAN IL
Township / Civil DivisionBLOOMINGTON CITY
Census Block Group1
Census Block1048
Census Tract5900

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 Record2 Company Names on Record
Mailing AddressPO BOX 66149, SAINT LOUIS, MO 63166-6149
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Record UpdatedJun 8, 2026

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$1,051,578 (+14.23%) Land $226,928 Building $824,650$3,154,734 (+14.23%) Land $680,784 Building $2,473,950
2024$78,288.00 (+1.75%)
2023$76,939.00 (+8.99%)$920,559 (+10.83%) Land $198,654 Building $721,905$2,761,680 (+10.83%) Land $595,963 Building $2,165,717
2022$70,592.00$830,608 Land $179,243 Building $651,365$2,491,824 Land $537,729 Building $1,954,095

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

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 Claims1 (1982)
Most Recent ClaimDec 1982 · 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 281 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20

May also be available: Metronet, Watch TV.

Nearby Properties on E Lafayette St

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