518 E Peru St, Princeton, IL 61356 Property Records

Bureau County property record for 518 E Peru St, Princeton, IL 61356

Property Summary

Property Type	Commercial
Lot Size	0.36 acres (15,682 sqft)
Owner	Individual Name on File
Last Sale	$295,000 (Oct 2019)
Tax Bill	$10,591 (2025)
Deeds & Mortgages	Apr 2021 Sale & Mortgage Oct 2019 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`16-16-403-012`

Property Details

APN / Parcel Number

Primary APN	`16-16-403-012`
Alternative APN	`1247A`

Interior

Units	6 Units

Exterior

Lot Area	15,682 sqft (0.36 acres)

Location & Zoning

Account Number	1616403012
Street Address	518 E PERU ST
City	PRINCETON
State	IL
Zip	61356-2266
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	PRINCETON-BODLEYS & WILSONS ADD. W 41 L 2 & E 47.3 L 3 & N SI L 6 BLK 2 (EX ROW) D 21-1430 IRREGULAR
Legal Range	09
Legal Township	16
Legal Section	16
Legal Subdivision	BOD & WIL
Legal Block	2
Jurisdiction	BUREAU IL
Township / Civil Division	PRINCETON
Census Block Group	2
Census Block	2001
Census Tract	965400

Owner

518 E Peru St, a commercial property, is owned by an individual who bought it in October 2019.

Source: Bureau County records, as of May 8, 2026

Owner of Record	Individual Name on File
Mailing Address	260 POTEET AVE, INVERNESS, IL 60010-5809
Owner Type	Individual
Vesting	Et Al (and Others)

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

Date	Document
Apr 5, 2021	Warranty Deed, Transfer · Conventional Mortgage CRYSTAL LAKE BANK & TRUST CO
Oct 24, 2019	Deed, Transfer · Conventional Mortgage HOMETOWN NATIONAL BANK
Oct 24, 2019	Intrafamily Transfer, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 24, 2019 · Amount on File
Deed Sale	Oct 24, 2019 · Amount on File
Prior Sale	Jan 7, 2010
Deed Document Number	20194030
Record Updated	Jun 8, 2026

April 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	BUREAU IL
Recording Date	Apr 5, 2021
Property Address	518 E PERU ST, PRINCETON, IL 61356-2266
Document Number	2021R01430
Map Reference	MB 1 PG 172
Instrument Date	Mar 30, 2021
Instrument	2021R01430
Transaction Type	Transfer
Record Updated	Jun 1, 2021
Title Company	NOT AVAILABLE, NLT TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$487.50
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	260 POTEET AVE, INVERNESS, IL 60010-5809

Mortgage

Document Number	2021R01431
Date	Apr 5, 2021
Instrument	2021R01431

Lender

Name	CRYSTAL LAKE BANK & TRUST CO

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

October 2019: Deed, Transfer

Document Type	Deed
Jurisdiction	BUREAU IL
Recording Date	Oct 24, 2019
Property Address	518 E PERU ST, PRINCETON, IL 61356-2266
Document Number	2019R04030
Instrument Date	Oct 24, 2019
Instrument	2019R04030
Transaction Type	Transfer
Record Updated	Jun 1, 2021

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$442.50
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	8940 HENNEPIN FLORID RD, HENNEPIN, IL 61327-5029

Mortgage

Document Number	2019R04031
Date	Oct 24, 2019
Instrument	2019R04031

Lender

Name	HOMETOWN NATIONAL BANK

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Interest

Rate Type	Fixed Rate
Rate	3.63%

October 2019: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	BUREAU IL
Recording Date	Oct 24, 2019
Property Address	518 E PERU ST, PRINCETON, IL 61356-2266
Document Number	2019R04029
Instrument Date	Oct 24, 2019
Instrument	2019R04029
Transaction Type	Transfer
Record Updated	Jun 1, 2021

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	450 OAK ST, PRINCETON, IL 61356-2536

Tax Assessment & Valuation

The 2025 property tax bill for 518 E Peru St was $10,591, up 6.7% from the year before.

Source: Bureau County assessment roll, as of May 8, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Bureau County
County Subdivision	Princeton Township
Municipality	Princeton City
Elementary School District	Princeton Elementary School District 115 (PK - 08)
Secondary School District	Princeton High School District 500 (09 - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$10,591.00 (+6.69%)	$134,659 (+6.79%) Land $8,704 Building $125,955	$403,977 (+6.79%) Land $26,112 Building $377,865
2024	$9,927.00	$126,097 (+8.58%) Land $8,151 Building $117,946	$378,291 (+8.58%) Land $24,453 Building $353,838
2023		$116,133 Land $7,507 Building $108,626	$348,399 Land $22,521 Building $325,878
2022	$9,381.00

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 518 E Peru St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective August 2, 2011

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

Wildfire risk around 518 E Peru St is low, with less than a 0.01% annual chance of 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	PRINCETON serves 7,832 people · EPA ID IL0110850
Water Source	Groundwater
Last State Inspection	Sep 2025
Lead	21 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	Chlorine resolved · Oct 2019
Treatment and Procedure	Lead public education Dec 2019
Monitoring and Reporting	1 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 313 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Conxxus Fiber	8,000 / 8,000
Frontier Fiber	7,000 / 7,000
Xfinity Cable	1,200 / 35
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: IVNet, Nextlink.

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