505 W Raab Rd, Normal, IL 61761 Property Records

McLean County property record for 505 W Raab Rd, Normal, IL 61761

Property Summary

Property Type	Commercial
Details	14,705 sqft · built 2010
Lot Size	1.51 acres (65,775 sqft)
Owner	Company Name on Record
Last Sale	$5,055,000 (Jun 2011)
Tax Bill	$50,867 (2024)
Deeds & Mortgages	Aug 2022 Sale
Flood Zone	Zone X (minimal risk)
APN	`14-21-128-032`

Property Details

APN / Parcel Number

Primary APN	`14-21-128-032`

Interior

Total Rooms	4 Rooms
Stories	1 Story
Building Area	14,705 sqft Building Perimeter
1st Floor Area	14,705 sqft

Exterior

Year Built	Built 2010
Effective Year Built	Effective 2010
Exterior Material	Brick
Roof Type	Flat
Roof Material	Other
Lot Area	65,775 sqft (1.51 acres)
Porch	Open Brick Porch

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	505 W RAAB RD
City	NORMAL
State	IL
Zip	61761-1007
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	B-1
Legal Description	BRADFORD-RAAB SUB LOT 1
Legal Subdivision	BRADFORD-RAAB SUB
Legal Lot Number	1
Jurisdiction	MCLEAN IL
Township / Civil Division	NORMAL
Census Block Group	2
Census Block	2002
Census Tract	107

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 Record	Company Name on Record
Mailing Address	PO BOX 1159, DEERFIELD, IL 60015-6002
Owner Type	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 23, 2011 · Amount on Record
Deed Sale	Jun 23, 2011 · Amount on Record
Deed Document Number	201113715
Record Updated	Jun 8, 2026

August 2022: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	Aug 22, 2022
Property Address	505 W RAAB RD, NORMAL, IL 61761-1007
Document Number	202200014857
Map Reference	DOC 2009-16512
Instrument Date	Aug 12, 2022
Instrument	2022-00014857
Transaction Type	Transfer
Record Updated	Sep 25, 2023
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Tax	$6,276.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	2901 BUTTERFIELD RD, OAK BROOK, IL 60523-1106

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2750 RASMUSSEN RD STE 202, 202, PARK CITY, UT 84098-5597

Tax Assessment & Valuation

Source: McLean County assessment roll, as of April 8, 2026

Property Jurisdictions

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)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$542,313 (-3.33%) Land $174,685 Building $367,628	$1,626,939 (-3.33%) Land $524,055 Building $1,102,884
2024	$50,867.00 (+5.95%)
2023	$48,011.00 (+5.46%)	$560,969 (+10.69%) Land $143,317 Building $417,652	$1,682,908 (+10.69%) Land $429,951 Building $1,252,957
2022	$45,525.00	$506,793 Land $129,476 Building $377,317	$1,520,379 Land $388,428 Building $1,131,951

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective June 27, 2019

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not 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 Risk	Low lower than 99.1% of the US · lower than 94% of Illinois
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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 System	NORMAL serves 52,736 people · EPA ID IL1130900
Water Source	Groundwater
Last State Inspection	Aug 2025
Lead	4 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 286 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Frontier Fiber	7,000 / 7,000
Metronet Fiber	5,120 / 5,120
Xfinity Cable	1,200 / 35
Verizon Fixed Wireless	300 / 20

May also be available: Pavlov Media, Watch TV.

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