502 N Hershey Rd, Bloomington, IL 61704 Property Records

McLean County property record for 502 N Hershey Rd, Bloomington, IL 61704

Property Summary

Property TypeCommercial
Details17,172 sqft · built 2007
Lot Size2.24 acres (97,574 sqft)
OwnerCompany Name on Record
Tax Bill$43,109 (2024)
Deeds & MortgagesMar 2020 Line of Credit
Oct 2021 Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN21-02-226-012

Property Details

APN / Parcel Number

Primary APN21-02-226-012

Interior

Plumbing Fixtures18 Plumbing Fixtures
Units2 Units
Stories1 Story
Building Area17,172 sqft Gross Area
1st Floor Area8,586 sqft
Basement Area8,586 sqft
FlooringCarpet
Interior WallsPlaster
Fire SprinklersFire Sprinklers
ElevatorElevator

Exterior

Year BuiltBuilt 2007
Effective Year BuiltEffective 2007
Exterior MaterialCombination
Construction TypeSteel Frame
Roof MaterialOther
Lot Area97,574 sqft (2.24 acres)
Lot Dimensions300 ft deep x 32 ft wide
View / LotLake Front
Garage TypeBasement

Utilities, Heating & Cooling

Cooling SystemEvaporative
Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Street Address502 N HERSHEY RD
CityBLOOMINGTON
StateIL
Zip61704-3753
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT 2 MCLEAN CO FARM BUREAU SUB 8TH ADD SUB OF LOT 17
Legal Range02E
Legal Township23N
Legal Section02
Legal SubdivisionMCLEAN CO FARM BUREAU SUB
Legal Lot Number2,17
JurisdictionMCLEAN IL
Township / Civil DivisionBLOOMINGTON CITY
Census Block Group1
Census Block1010
Census Tract1103

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 RecordCompany Name on Record
Mailing Address706 WASHINGTON ST, MENDOTA, IL 61342-1628
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
Mar 18, 2020Deed of Trust, Mortgage · Line of Credit
FIRST STATE BANK
Oct 27, 2021Deed of Trust, Mortgage · Conventional Mortgage
FIRST STATE MORTGAGE SERVICES LLC
Aug 10, 2022Warranty Deed, Transfer · FHA Mortgage
FIRST STATE MORTGAGE SERVICES LLC

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedJun 8, 2026

March 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address502 N HERSHEY RD, BLOOMINGTON, IL 61704-3753
Transaction TypeMortgage
Record UpdatedSep 25, 2023
Title CompanyFRONTIER TITLE COMPANY, FRONTIER TITLE CO

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number202000004847
DateMar 18, 2020
Instrument2020-00004847
Lender
NameFIRST STATE BANK
TypeBank
AddressBLOOMINGTON, IL 61704
Agreement
TypeLine of Credit
AmountAmount Recorded
Term60 Months
DueMar 10, 2025

October 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address502 N HERSHEY RD, BLOOMINGTON, IL 61704-3753
Transaction TypeMortgage
Record UpdatedSep 25, 2023
Title CompanyNOT AVAILABLE, FTC

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number202100025946
DateOct 27, 2021
Instrument2021-00025946
Lender
NameFIRST STATE MORTGAGE SERVICES LLC
TypeMortgage Company
AddressBLOOMINGTON, IL 61704
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueNov 1, 2051

August 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateAug 10, 2022
Property Address502 N HERSHEY RD, BLOOMINGTON, IL 61704-3753
Document Number202200014109
Map ReferenceDOC 2007-013421
Instrument DateJul 29, 2022
Instrument2022-00014109
Transaction TypeTransfer
Record UpdatedSep 25, 2023
Title CompanyNOT AVAILABLE, FTC

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$406.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants by the Entirety
Address5004 FRANCESCO LN, BLOOMINGTON, IL 61705-7108

Mortgage

Document Number202200014110
DateAug 10, 2022
Instrument2022-00014110
Lender
NameFIRST STATE MORTGAGE SERVICES LLC
TypeMortgage Company
Agreement
TypeFHA Mortgage
AmountAmount Recorded
Term360 Months
DueAug 1, 2052
Interest
Rate TypeFixed Rate
Rate4.57%

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$581,420 (-6.07%) Land $260,540 Building $320,880$1,744,260 (-6.07%) Land $781,620 Building $962,640
2024$43,109.00 (-17.8%)
2023$52,445.00 (-17.74%)$619,000 (-14.21%) Land $231,500 Building $387,500$1,857,002 (-14.21%) Land $694,501 Building $1,162,501
2022$63,754.00$721,535 Land $389,342 Building $332,193$2,164,605 Land $1,168,026 Building $996,579

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot 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 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 35 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Pavlov Media
Fiber
8,000 / 8,000
Metronet
Fiber
5,120 / 5,120
Xfinity
Cable
1,200 / 35
Watch TV
Fixed Wireless
100 / 20
AT&T
Fixed Wireless
100 / 20

May also be available: Verizon.

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