701 E Thompson St, Princeton, IL 61356 Property Records

Bureau County property record for 701 E Thompson St, Princeton, IL 61356 · Last verified May 2026

Property Summary

Property TypeCommercial
Lot Size4.43 acres (192,971 sqft)
OwnerCompany Name on File
Tax Bill$20,527 (2025)
Deeds & MortgagesJun 2022 Mortgage
Mar 2018 Mortgage
Flood ZoneZone X (minimal risk)
APN16-16-479-036

Property Details

APN / Parcel Number

Primary APN16-16-479-036
Alternative APN
  • 1099A

Exterior

Lot Area192,971 sqft (4.43 acres)
Lot Dimensions647 ft deep x 321 ft wide

Location & Zoning

Account Number1616479036
Street Address701 E THOMPSON ST
CityPRINCETON
StateIL
Zip61356-2505
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionW 1/2 E 1/2 LOT 93 (EX NW COR) B458 P607 321.2 X 647.9 IRREGULAR
Legal Range09
Legal Township16
Legal Section16
Legal SubdivisionCITY PRINCETON
Legal Lot Number93
JurisdictionBUREAU IL
Township / Civil DivisionPRINCETON
Census Block Group1
Census Block1013
Census Tract965400

Owner

Source: Bureau County records · APN 16-16-479-036

Assessment roll updated May 8, 2026 · Last verified May 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address701 E THOMPSON ST, PRINCETON, IL 61356-2505
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Jun 21, 2022Deed of Trust, Mortgage · Commercial Mortgage
CENTRAL BANK ILLINOIS
Mar 26, 2018Deed of Trust, Mortgage · Commercial Mortgage
CENTRAL BANK ILLINOIS

Assessor's Deed Record

Deed NamesVerified Name on Deed
Record UpdatedJun 08, 2026

June 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBUREAU IL
Property Address701 E THOMPSON ST, PRINCETON, IL 61356-2505
Transaction TypeMortgage
Record UpdatedJul 06, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2022R02360
DateJun 21, 2022
Instrument2022R02360
Lender
NameCENTRAL BANK ILLINOIS
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term12 Months
DueJun 17, 2023
Interest
Rate TypeFixed Rate

March 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBUREAU IL
Property Address701 E THOMPSON ST, PRINCETON, IL 61356-2505
Transaction TypeMortgage
Record UpdatedJan 25, 2019

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2018R01110
DateMar 26, 2018
Instrument2018R01110
Lender
NameCENTRAL BANK ILLINOIS
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term180 Months
DueMar 21, 2033
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

Source: Bureau County records · Assessment roll updated May 8, 2026 · Last verified May 2026

Property Jurisdictions

TypeName
StateIllinois
CountyBureau County
County SubdivisionPrinceton Township
MunicipalityPrinceton City
Elementary School DistrictPrinceton Elementary School District 115 (PK - 08)
Secondary School DistrictPrinceton High School District 500 (09 - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2025$20,527.00 (+12.9%)$260,982 (+15.95%) Land $21,343 Building $239,639$782,946 (+15.95%) Land $64,029 Building $718,917
2023$225,077 Land $18,407 Building $206,670$675,231 Land $55,221 Building $620,010
2022$18,182.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Bureau County (17011C), updated August 2, 2011 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskLow
above 3% of the US · above 21% of Illinois
Wildfire LikelihoodLess than 1 in 10,000 per year
ExposureDirect
burnable vegetation at the parcel

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

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