701 Backbone Rd W, Princeton, IL 61356 Property Records

Bureau County property record for 701 Backbone Rd W, Princeton, IL 61356

Property Summary

Property Type	Commercial
Lot Size	7 acres (304,920 sqft)
Owner	Company Name on Record
Tax Bill	$21,925 (2025)
Deeds & Mortgages	May 2017 Mortgage Jan 2017 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`16-05-451-004`

Property Details

APN / Parcel Number

Primary APN	`16-05-451-004`
Alternative APN	`40A1A1`

Exterior

Lot Area	304,920 sqft (7 acres)

Location & Zoning

Account Number	1605451004
Street Address	701 BACKBONE RD W
City	PRINCETON
State	IL
Zip	61356-8460
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	7.09 AC TR IN SW SE D 2024R02144
Legal Range	09
Legal Township	16
Legal Section	05
Jurisdiction	BUREAU IL
Township / Civil Division	PRINCETON
Census Block Group	2
Census Block	2066
Census Tract	964900

Owner

Source: Bureau County records, as of May 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 33, PRINCETON, IL 61356-0033
Owner Type	Company
Vesting	Trust

Deeds, Mortgages & Sale History

Date	Document
May 25, 2017	Deed of Trust, Mortgage · Commercial Mortgage CENTRAL BANK ILLINOIS
Jan 13, 2017	Deed of Trust, Mortgage · Commercial Mortgage CENTRAL BANK ILLINOIS

Assessor's Deed Record

Deed Names	Name on Deed
Record Updated	Jun 8, 2026

May 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BUREAU IL
Property Address	701 BACKBONE RD W, PRINCETON, IL 61356-8460
Transaction Type	Mortgage
Record Updated	Jun 6, 2017

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	, 2017R02107
Date	May 25, 2017
Instrument	2017R02107

Lender

Name	CENTRAL BANK ILLINOIS
Type	Bank
Address	PRINCETON, IL 61356

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	186 Months
Due	Nov 22, 2032

Interest

Rate	5.25%

January 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BUREAU IL
Property Address	701 BACKBONE RD W, PRINCETON, IL 61356-8460
Transaction Type	Mortgage
Record Updated	Jan 25, 2017

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	, 2017R00204
Date	Jan 13, 2017
Instrument	2017R00204

Lender

Name	CENTRAL BANK ILLINOIS
Type	Bank
Address	PRINCETON, IL 61356

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	180 Months
Due	Jan 9, 2032

Interest

Rate	5%

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Bureau County
County Subdivision	Princeton Township
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	$21,925.00 (+14.69%)	$357,003 (+15.95%) Land $18,037 Building $338,966	$1,071,009 (+15.95%) Land $54,111 Building $1,016,898
2023		$307,887 Land $15,555 Building $292,332	$923,661 Land $46,665 Building $876,996
2022	$19,116.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective August 2, 2011 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force
Nearby Flood Claims	2 (2013–2019)
Claims Outside the SFHA	2 of 2
Most Recent Claim	May 2019 · Severe Storms And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; 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 97% of the US · lower than 79% 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 14 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	1,200 / 35
IVNet Fixed Wireless	100 / 50
T-Mobile Fixed Wireless	100 / 20
Nextlink Fixed Wireless	100 / 20

May also be available: Conxxus, Verizon.

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