502 E Chestnut St, Bloomington, IL 61701 Property Records

McLean County property record for 502 E Chestnut St, Bloomington, IL 61701 · Last verified April 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bathrooms2 Baths
Year BuiltBuilt 1925
Square Footage3,162 sqft Living Area
Lot Size9,223 sqft (0.212 acres)
OccupancyOwner Occupied
Last Sale$115,000 (2025)
Tax Bill$4,084.00 (2024)

Property Details

APN / Parcel Number

Primary APN21-04-229-017

Interior

Full Baths2 Baths
Building Area3,162 sqft Living Area
Gross Area3,498 sqft Gross Area
1st Floor1,575 sqft 1st Floor
Stories2 Stories
Interior StructurePaneling Interior Structure

Exterior

Year BuiltBuilt 1925
Effective Year BuiltEffective 1925
Exterior MaterialWood Siding Exterior
Roof MaterialAsphalt Roof
Lot Area9,223 sqft (0.212 acres)
Depth X Width165 ft x 55 ft Depth x Width

Utilities and HVAC

Heating SystemForced Air with Air Conditioning Heating
Heating FuelGas Heating Fuel
Water SourceYes (Unknown Type) Water Source

Location & Zoning

Street Address502 E CHESTNUT ST
CityBLOOMINGTON
StateIL
Zip61701-3382
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionWILDERS SUB LOT 13,14,15 BLK 2 FLAGGS 2ND ADD (EX THAT PT N OF LOT 3) LOT 2
Legal Range02E
Legal Township23N
Legal Section04
Legal SubdivisionWILDERS SUB
Legal Block2
Legal Lot Number13,14
JurisdictionMCLEAN IL
Minor Civil DivisionBLOOMINGTON CITY
Census Blockgroup1
Census Block1006
Census Tract1301

Owner

Source: McLean County records · APN 21-04-229-017

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 RecordIndividual Name on File
Mailing Address502 E CHESTNUT ST, BLOOMINGTON, IL 61701-3382
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Nov 19, 2021Contract Sale, Transfer
Nov 04, 2025Warranty Deed, Transfer · Conventional Mortgage
UNITED WHOLESALE MORTGAGE

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleNov 04, 2025 · Amount on Record
Deed SaleNov 04, 2025 · Amount on Record
Deed Doc Number202515978
Record RefreshedJun 08, 2026

November 2021: Contract Sale, Transfer

Document TypeContract Sale
JurisdictionMCLEAN IL
Recording DateNov 19, 2021
Property Address502 E CHESTNUT ST, BLOOMINGTON, IL 61701-3382
Document Number202100027630
Instrument DateNov 10, 2021
Instrument2021-00027630
Transaction TypeTransfer
Record UpdatedNov 29, 2021

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

November 2025: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateNov 04, 2025
Property Address502 E CHESTNUT ST, BLOOMINGTON, IL 61701-3382
Document Number202500015978
Instrument DateNov 10, 2021
Instrument2025-00015978
Transaction TypeTransfer
Record UpdatedApr 03, 2026
Title CompanyALLIANCE LAND TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$115.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address502 E CHESTNUT ST, BLOOMINGTON, IL 61701-3382

Mortgage

Document Number202500015979
DateNov 04, 2025
Instrument2025-00015979
Lender
NameUNITED WHOLESALE MORTGAGE
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueNov 01, 2055
Interest
Rate TypeFixed Rate
Rate6.39%

Tax Assessment & Valuation

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

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.

YearTax BillAssessed ValueAssessed Market Value
2025$54,863 (+8.91%) Land $8,757 Building $46,106$164,589 (+8.91%) Land $26,271 Building $138,318
2024$4,084.00 (+0.25%)$50,375 (+3.34%) Land $8,040 Building $42,335$151,125 (+3.34%) Land $24,120 Building $127,005
2023$4,074.00 (+10.02%)$48,747 (+11.86%) Land $7,780 Building $40,967$146,241 (+11.86%) Land $23,340 Building $122,901
2022$3,703.00$43,580 Land $6,955 Building $36,625$130,740 Land $20,865 Building $109,875

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