Coles County property record for 506 Main St, Lerna, IL 62440 · Last verified July 2026
| Property Type | Commercial > Retail |
|---|---|
| Lot Size | 6,970 sqft (0.16 acres) |
| Last Sale | $125,000 (2025) |
| Tax Bill | $48.00 (2025) |
| Primary APN | 11-0-01863-000 |
|---|
| Lot Area | 6,970 sqft (0.16 acres) |
|---|---|
| Depth X Width | 140 ft x 50 ft Depth x Width |
| Street Address | 506 MAIN ST |
|---|---|
| City | LERNA |
| State | IL |
| Zip | 62440-1135 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail |
| Legal Description | WM EWING ADD TO THE VILLAGE OF LERNA BLK 3 LOT 10 SEC 03 T11N R08E |
| Legal Range | 08E |
| Legal Township | 11N |
| Legal Section | 03 |
| Legal Subdivision | VILLAGE OF LERNA |
| Legal Block | 3 |
| Legal Lot Number | 10 |
| Jurisdiction | COLES IL |
| Minor Civil Division | PLEASANT GROVE |
| Census Blockgroup | 5 |
| Census Block | 5090 |
| Census Tract | 200 |
Source: Coles County records · APN 11-0-01863-000
Assessment roll updated June 23, 2026 · Last verified July 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 | 308 N COUNTY ROAD 200E, MATTOON, IL 61938-8640 |
| Owner Type | Owner is a Company |
| Date | Document |
|---|---|
| Nov 17, 2025 | Deed of Trust, Mortgage · Commercial Mortgage FIRST NEIGHBOR BANK NA |
| Oct 15, 2025 | Deed, Transfer |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Jul 17, 2025 · Amount on Record |
| Deed Sale | Jul 17, 2025 · Amount on Record |
| Prior Sale | Dec 11, 2015 · Amount on Record |
| Deed Doc Number | 2025818080 |
| Prior Transfer Date | Jul 15, 2025 |
| Prior Transfer Doc | 202500818080 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | COLES IL |
| Property Address | 506 MAIN ST, LERNA, IL 62440-1135 |
| Transaction Type | Mortgage |
| Record Updated | Dec 03, 2025 |
| Name | Verified Name |
|---|
| Document Number | 202500820070 |
|---|---|
| Date | Nov 17, 2025 |
| Instrument | 202500820070 |
| Name | FIRST NEIGHBOR BANK NA |
|---|---|
| Type | Bank |
| Address | 900 BROADWAY AVE E, MATTOON, IL 61938 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Deed |
|---|---|
| Jurisdiction | COLES IL |
| Recording Date | Oct 15, 2025 |
| Property Address | 506 MAIN ST, LERNA, IL 62440-1135 |
| Document Number | 202500819552 |
| Instrument Date | Oct 08, 2025 |
| Instrument | 202500819552 |
| Transaction Type | Transfer |
| Record Updated | Oct 28, 2025 |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | Transfer Tax Exempt |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 308 N COUNTY ROAD 200E, MATTOON, IL 61938-8640 |
Source: Coles County records · Assessment roll updated June 23, 2026 · Last verified July 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Coles County |
| County Subdivision | Pleasant Grove Township |
| Municipality | Lerna Village |
| Unified School District | Charleston Community Unit School District 1 (PK - 12) |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $48.00 (-2.04%) | $779 (+5.99%) Land $779 | $2,337 (+5.99%) Land $2,337 |
| 2024 | $49.00 (+6.52%) | $735 (+5%) Land $735 | $2,205 (+5%) Land $2,205 |
| 2023 | $700 Land $700 | $2,100 Land $2,100 | |
| 2020 | $46.00 |
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