509 W Olive St, Bloomington, IL 61701 Property Records

McLean County property record for 509 W Olive St, Bloomington, IL 61701

Property Summary

Property TypeCommercial
Details4 bd · 1.5 ba · 1,104 sqft
Lot Size0.131 acres (5,724 sqft)
OwnerIndividual Name on File
Last Sale$16,000 (Apr 2020)
Tax Bill$508 (2024)
Deeds & MortgagesApr 2020 Sale
Flood ZoneZone X (minimal risk)
APN21-04-318-022

Property Details

APN / Parcel Number

Primary APN21-04-318-022

Interior

Bedrooms4 Beds
Full Baths1.5 Baths
Half Baths1 Half Bath
Total Rooms6 Rooms
Stories1 Story
Building Area1,104 sqft Total Area
1st Floor Area744 sqft
FlooringCarpet
Interior WallsPlaster

Exterior

Exterior MaterialAluminum/Vinyl
Roof MaterialAsphalt
Lot Area5,724 sqft (0.131 acres)
Lot Dimensions115 ft deep x 50 ft wide
View / LotLake Front
Garage TypeBasement
PorchOpen Porch

Utilities, Heating & Cooling

Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Street Address509 W OLIVE ST
CityBLOOMINGTON
StateIL
Zip61701-5036
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeR3B
Legal DescriptionPAINTERS 2ND ADD W50 LOT 3 BLK 13
Legal Range02E
Legal Township23N
Legal Section04
Legal SubdivisionPAINTERS 2ND ADD
Legal Block13
Legal Lot Number3
JurisdictionMCLEAN IL
Township / Civil DivisionBLOOMINGTON CITY
Census Block Group3
Census Block3020
Census Tract1600

Owner

509 W Olive St, a commercial property, is owned by an individual who bought it in April 2020.

Source: McLean County records, as of May 7, 2026

Owner of RecordIndividual Name on File
Mailing Address205 S LEE ST, BLOOMINGTON, IL 61701-5034
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleApr 27, 2020 · Amount on File
Deed SaleApr 27, 2020 · Amount on File
Deed Document Number20207224
Prior Transfer DateSep 3, 2008
Prior Transfer Doc0000024281
Record UpdatedJun 8, 2026

April 2020: Deed, Transfer

Document TypeDeed
JurisdictionMCLEAN IL
Recording DateApr 27, 2020
Property Address509 W OLIVE ST, BLOOMINGTON, IL 61701-5036
Document Number202000007224
Instrument DateApr 13, 2020
Instrument2020-00007224
Transaction TypeTransfer
Record UpdatedApr 30, 2024
Title CompanyNOT AVAILABLE, FTC

Transaction

AmountAmount on Record
Tax$24.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1707 LONGDEN AVE, BLOOMINGTON, IL 61701-8306

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$6,831 Land $6,831$20,493 Land $20,493
2024$508.00 (+1.8%)
2023$499.00 (+8.95%)$5,979 (+10.85%) Land $5,979$17,937 (+10.85%) Land $17,937
2022$458.00$5,394 Land $5,394$16,182 Land $16,182

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.

Flood

FEMA maps place 509 W Olive St in Zone X, an area of minimal flood risk.

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

The area around 509 W Olive St has no burnable land within ember reach, so its wildfire risk is not rated.

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 387 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Metronet
Fiber
5,120 / 5,120
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless
100 / 20

May also be available: Frontier, Pavlov Media, Watch TV.

Nearby Properties on W Olive St

Nearby Streets

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