616 W Raab Rd, Normal, IL 61761 Property Records

McLean County property record for 616 W Raab Rd, Normal, IL 61761 · Last verified August 2026

Property Summary

Property Type	Commercial
Details	9,702 sqft · built 2001
Lot Size	0.906 acres (39,483 sqft)
Owner	Company Name on File
Last Sale	$880,000 (Dec 2007)
Tax Bill	$13,783 (2024)
Deeds & Mortgages	Mar 2017 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`14-16-351-007`

Property Details

APN / Parcel Number

Primary APN	`14-16-351-007`

Interior

Total Rooms	6 Rooms
Units	6 Units
Stories	1 Story
Building Area	9,702 sqft Building Perimeter
1st Floor Area	9,702 sqft

Exterior

Year Built	Built 2001
Effective Year Built	Effective 2001
Exterior Material	Block
Roof Type	Flat
Roof Material	Metal
Lot Area	39,483 sqft (0.906 acres)
Lot Dimensions	180 ft deep x 220 ft wide

Utilities, Heating & Cooling

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

Location & Zoning

Street Address	616 W RAAB RD
City	NORMAL
State	IL
Zip	61761-4131
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	LOT 1 NORTH MEADOW SUB
Legal Range	02E
Legal Township	24N
Legal Section	16
Legal Subdivision	NORTH MEADOW SUB
Legal Lot Number	1
Jurisdiction	MCLEAN IL
Township / Civil Division	NORMAL
Census Block Group	3
Census Block	3014
Census Tract	108

Owner

Source: McLean County records · APN 14-16-351-007

Assessment roll updated April 8, 2026 · Last verified August 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	8562 HOTCHKISS DR, FRANKFORT, IL 60423-8984
Owner Type	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Dec 20, 2007 · Amount on Record
Deed Sale	Dec 20, 2007 · Amount on Record
Prior Sale	Nov 16, 2007
Deed Document Number	200733997
Last Transfer Date	Nov 21, 2016
Transfer Doc	0000022577
Record Updated	Sep 20, 2026

March 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	616 W RAAB RD, NORMAL, IL 61761-4131
Transaction Type	Mortgage
Record Updated	Sep 25, 2023
Title Company	FIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	201700005554
Date	Mar 30, 2017
Instrument	2017-00005554

Lender

Name	THE LEADERS BANK
Type	Bank
Address	OAK BROOK, IL 60523

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate	4.75%

Tax Assessment & Valuation

Source: McLean County records · Assessment roll updated April 8, 2026 · Last verified August 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

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		$173,990 (+14.47%) Land $83,990 Building $90,000	$521,970 (+14.47%) Land $251,970 Building $270,000
2024	$13,783.00 (+5.95%)
2023	$13,009.00 (+5.46%)	$152,000 (+10.69%) Land $68,908 Building $83,092	$456,000 (+10.69%) Land $206,724 Building $249,276
2022	$12,335.00	$137,320 Land $62,253 Building $75,067	$411,960 Land $186,759 Building $225,201

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, McLean County (17113C), updated June 27, 2019 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.