503 E South St, Mc Lean, IL 61754 Property Records

McLean County property record for 503 E South St, Mc Lean, IL 61754 · Last verified May 2026

Property Summary

Property TypeCommercial
Details9,744 sqft · built 1992
Lot Size1.2 acres (52,272 sqft)
OwnerCompany Name on File
Last Sale$900,000 (Oct 2020)
Tax Bill$37,099 (2024)
Deeds & MortgagesApr 2026 Mortgage
Oct 2020 Line of Credit
+ 1 more
Flood ZoneZone X (minimal risk)
APN26-36-356-009

Property Details

APN / Parcel Number

Primary APN26-36-356-009

Interior

Building Area9,744 sqft
1st Floor Area9,744 sqft

Exterior

Year BuiltBuilt 1992
Effective Year BuiltEffective 1992
Construction TypeWood
Lot Area52,272 sqft (1.2 acres)

Location & Zoning

Street Address503 E SOUTH ST
CityMC LEAN
StateIL
Zip61754-7637
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionDILLON & FISHERS IST ADD PT BLK 14 - BEG NE COR LT 1 BLK 14, S202.85 , W262.75 , N178.72 , E20 , N20 , E243.92 TO POB
Legal Range01W
Legal Township22N
Legal Section36
Legal SubdivisionDILLON & FISHERS IST ADD
Legal Block14
Legal Lot Number1
JurisdictionMCLEAN IL
Township / Civil DivisionMOUNT HOPE
Census Block Group3
Census Block3162
Census Tract6000

Owner

Source: McLean County records · APN 26-36-356-009

Assessment roll updated April 8, 2026 · Last verified May 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 Address503 E SOUTH ST, MC LEAN, IL 61754-7637
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Apr 21, 2026Quit Claim Deed, Transfer · Conventional Mortgage
ATLANTA NATIONAL BANK
Oct 24, 2020Deed of Trust, Mortgage · Line of Credit
MANU JAYSWAL
Oct 12, 2020Warranty Deed, Transfer · Line of Credit
THE ATLANTA NATIONAL BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleOct 12, 2020 · Amount on Record
Deed SaleOct 12, 2020 · Amount on Record
Deed Document Number202021362
Last Transfer DateOct 14, 2025
Transfer Doc0000005330
Record UpdatedSep 20, 2026

April 2026: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionMCLEAN IL
Recording DateApr 21, 2026
Property Address503 E SOUTH ST, MC LEAN, IL 61754-7637
Document Number0000005330
Instrument DateOct 14, 2025
Instrument20265330
Transaction TypeTransfer
Record UpdatedJul 12, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Quitclaim

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership
Address503 E SOUTH ST, MC LEAN, IL 61754-7637

Mortgage

Document Number0000005331,
DateApr 21, 2026
Instrument20265331
Lender
NameATLANTA NATIONAL BANK
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term174 Months
DueOct 15, 2040
Interest
Rate TypeFixed Rate
Rate6%
Initial TypeFixed Rate
Max Rate-1%

October 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address503 E SOUTH ST, MC LEAN, IL 61754-7637
Transaction TypeMortgage
Record UpdatedSep 25, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number202000022720
DateOct 24, 2020
Instrument2020-00022720
Lender
NameMANU JAYSWAL
TypePrivate Party
Address306 DAWN CT, BLOOMINGDALE, IL 60108
Agreement
TypeLine of Credit

October 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateOct 12, 2020
Property Address503 E SOUTH ST, MC LEAN, IL 61754-7637
Document Number202000021362
Instrument DateSep 03, 2020
Instrument2020-00021362
Transaction TypeTransfer
Record UpdatedSep 25, 2023
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$1,350.00
Amount AccuracyRounded by County
Additional
  • Lis Pendens
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address503 E SOUTH ST, MC LEAN, IL 61754-7637

Mortgage

Document Number202000021363
DateOct 12, 2020
Instrument2020-00021363
Lender
NameTHE ATLANTA NATIONAL BANK
TypeBank
Agreement
TypeLine of Credit
AmountAmount Recorded

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyMcLean County
County SubdivisionMount Hope Township
MunicipalityMcLean Village
Unified School DistrictOlympia Community Unit School District 16 (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$442,805 (+20.77%) Land $61,151 Building $381,654$1,328,415 (+20.77%) Land $183,453 Building $1,144,962
2024$37,099.00 (+3.76%)
2023$35,753.00 (+9.63%)$366,658 (+10.74%) Land $50,635 Building $316,023$1,099,975 (+10.74%) Land $151,905 Building $948,070
2022$32,611.00$331,098 Land $45,724 Building $285,374$993,294 Land $137,172 Building $856,122

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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