McLean County property record for 505 E Vernon Ave, Normal, IL 61761 · Last verified April 2026
| Property Type | Commercial > Retail |
|---|---|
| Bedrooms | 43 Beds |
| Year Built | Built 2007 |
| Square Footage | 32,259 sqft Building Perimeter |
| Lot Size | 113,256 sqft (2.6 acres) |
| Last Sale | $872,000 (2012) |
| Tax Bill | $118,451.00 (2024) |
| Primary APN | 14-27-380-010 |
|---|
| Bedrooms | 43 Beds |
|---|---|
| Total Rooms | 56 Rooms |
| Building Area | 32,259 sqft Building Perimeter |
| 1st Floor | 32,259 sqft 1st Floor |
| Stories | 1 Stories |
| Year Built | Built 2007 |
|---|---|
| Effective Year Built | Effective 2007 |
| Roof Construction | Gambrel Roof Construction |
| Roof Material | Asphalt Roof |
| Lot Area | 113,256 sqft (2.6 acres) |
| Depth X Width | 274 ft x 413 ft Depth x Width |
| Cooling System | Central Cooling |
|---|---|
| Heating Fuel | Electric Heating Fuel |
| Street Address | 505 E VERNON AVE |
|---|---|
| City | NORMAL |
| State | IL |
| Zip | 61761-3817 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail |
| Legal Description | CUSTER BROTHERS SUB LT 1 |
| Legal Range | 02E |
| Legal Township | 24N |
| Legal Section | 27 |
| Legal Subdivision | CUSTER BROTHERS SUB |
| Legal Lot Number | 1 |
| Jurisdiction | MCLEAN IL |
| Minor Civil Division | NORMAL |
| Census Blockgroup | 1 |
| Census Block | 1014 |
| Census Tract | 501 |
Source: McLean County records · APN 14-27-380-010
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 Record | Company Name on File |
|---|---|
| Mailing Address | 189 N ORANGE AVE, 1700, ORLANDO, FL 32801-2308 |
| Owner Type | Owner is a Company |
| Vesting | Company |
| Date | Document |
|---|---|
| Oct 26, 2017 | Deed of Trust, Mortgage · Commercial Mortgage CAPITAL ONE NA |
| Dec 16, 2022 | Deed of Trust, Mortgage · Commercial Mortgage ALLY BANK |
| Deed Names | Verified Name on Deed |
|---|---|
| Known Transactions |
|
| Deed Doc Number | 201224871 |
| Record Refreshed | Jun 08, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MCLEAN IL |
| Property Address | 505 E VERNON AVE, NORMAL, IL 61761-3817 |
| Transaction Type | Mortgage |
| Record Updated | Sep 25, 2023 |
| Title Company | FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INS CO |
| Name | Verified Name |
|---|
| Document Number | 201700019386 |
|---|---|
| Date | Oct 26, 2017 |
| Instrument | 2017-00019386 |
| Name | CAPITAL ONE NA |
|---|---|
| Type | Bank |
| Address | CHICAGO, IL 60601 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MCLEAN IL |
| Property Address | 505 E VERNON AVE, NORMAL, IL 61761-3817 |
| Transaction Type | Mortgage |
| Record Updated | Sep 25, 2023 |
| Name | Verified Name |
|---|
| Document Number | 202200021872 |
|---|---|
| Date | Dec 16, 2022 |
| Instrument | 2022-00021872 |
| Name | ALLY BANK |
|---|---|
| Type | Bank |
| Address | NEW YORK, NY 10022 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
Source: McLean County records · Assessment roll updated April 8, 2026 · Last verified April 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | McLean County |
| County Subdivision | Normal Township |
| Municipality | Normal Town |
| Unified School District | McLean County Unit School District 5 (PK - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $1,592,191 (+21.89%) Land $125,191 Building $1,467,000 | $4,776,573 (+21.89%) Land $375,573 Building $4,401,000 | |
| 2024 | $118,451.00 (+5.95%) | ||
| 2023 | $111,800.00 (+5.46%) | $1,306,278 (+10.69%) Land $102,710 Building $1,203,568 | $3,918,838 (+10.69%) Land $308,130 Building $3,610,708 |
| 2022 | $106,010.00 | $1,180,123 Land $92,791 Building $1,087,332 | $3,540,369 Land $278,373 Building $3,261,996 |
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