705 Franklin Ave, Normal, IL 61761 Property Records

McLean County property record for 705 Franklin Ave, Normal, IL 61761 · Last verified April 2026

Property Highlights

Property Type	Commercial > Retail
Bedrooms	48 Beds
Year Built	Built 1985
Square Footage	12,474 sqft Living Area
Lot Size	17,429 sqft (0.4 acres)
Last Sale	$12,500,000 (2017)
Tax Bill	$23,962.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`14-28-454-012`

Interior

Bedrooms	48 Beds
Units	24 Units
Building Area	12,474 sqft Living Area
1st Floor	4,158 sqft 1st Floor
Basement Area	4,158 sqft Basement
Stories	2 Stories

Exterior

Year Built	Built 1985
Effective Year Built	Effective 1985
Exterior Material	Brick Exterior
Roof Construction	Gable Roof Construction
Roof Material	Asphalt Roof
Lot Area	17,429 sqft (0.4 acres)
Depth X Width	199 ft x 100 ft Depth x Width

Utilities and HVAC

Heating Fuel	Electric Heating Fuel

Location & Zoning

Street Address	705 FRANKLIN AVE
City	NORMAL
State	IL
Zip	61761-4605
Property Usage	Commercial Property Usage
Type	Commercial > Retail
Legal Description	(EX E30 FOR ST) LOTS 3 & 4 & E1/2 VAC ALLEY LYG W & ADJ ALL IN BLOCK 1 7TH ADD TO NORMAL
Legal Range	02E
Legal Township	24N
Legal Section	28
Legal Subdivision	7TH ADD NORMAL
Legal Block	1
Legal Lot Number	3,4
Jurisdiction	MCLEAN IL
Minor Civil Division	NORMAL
Census Blockgroup	3
Census Block	3000
Census Tract	400

Owner

Source: McLean County records · APN 14-28-454-012

Assessment roll updated April 8, 2026 · Last verified April 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	630 N FRANKLIN ST, 1010, CHICAGO, IL 60654-8355
Owner Type	Owner is a Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Apr 23, 2018	Quit Claim Deed, Transfer · Commercial Mortgage HUNT MORTGAGE
Mar 09, 2017	Warranty Deed, Transfer · Commercial Mortgage INVESTMENT PROPRTY EXCHANGE SERVICE

Assessor's Deed Record

Deed Names	Verified Name on Deed
Known Transactions	Last Sale Amount on Mar 09, 2017 Deed Sale Price on Mar 09, 2017 Prior Sale Amount on Dec 01, 2008
Deed Doc Number	20174131
Record Refreshed	Jun 08, 2026

April 2018: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	MCLEAN IL
Recording Date	Apr 23, 2018
Property Address	705 FRANKLIN AVE, NORMAL, IL 61761-4605
Document Number	201800006133
Map Reference	MB3 PG400
Instrument Date	Mar 29, 2018
Instrument	2018-00006133
Transaction Type	Transfer
Record Updated	Apr 30, 2024
Title Company	FIRST AMERICAN TITLE

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Quitclaim Document Interfamily Transfer Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	510 S NCIL ST, CHAMPAIGN, IL 61820-5220

Mortgage

Document Number	201800006134
Date	Apr 23, 2018
Instrument	2018-00006134

Lender

Name	HUNT MORTGAGE
Type	Mortgage Company

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	145 Months
Due	May 01, 2030

March 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	Mar 09, 2017
Property Address	705 FRANKLIN AVE, NORMAL, IL 61761-4605
Document Number	201700004131
Map Reference	MB03 PG400
Instrument Date	Jan 31, 2017
Instrument	2017-00004131
Transaction Type	Transfer
Record Updated	Apr 30, 2024
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$18,750.00
Amount Accuracy	Rounded Values by County
Additional	Arms Length Transaction Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	00000
Investor	Possibly a Property Investor

Mortgage

Document Number	201700004135
Date	Mar 09, 2017
Instrument	2017-00004135

Lender

Name	INVESTMENT PROPRTY EXCHANGE SERVICE
Type	Seller

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	47 Months
Due	Jan 31, 2021

Tax Assessment & Valuation

Source: McLean County records · Assessment roll updated April 8, 2026 · Last verified April 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		$291,366 (-) Land $82,636 Building $208,730	$874,098 (%) Land $247,908 Building $626,190
2024	$23,962.00 (-3.91%)
2023	$24,937.00 (+5.46%)	$291,366 (+10.69%) Land $62,294 Building $229,072	$874,099 (+10.69%) Land $186,882 Building $687,217
2022	$23,645.00	$263,227 Land $56,278 Building $206,949	$789,681 Land $168,834 Building $620,847

705 Franklin Ave, Normal, IL 61761 Property Records

Property Highlights

Property Details

APN / Parcel Number

Interior

Exterior

Utilities and HVAC

Location & Zoning

Owner

Deeds, Mortgages & Sale History

Assessor's Deed Record

April 2018: Quit Claim Deed, Transfer

Transaction

Transferred From (Grantor/Seller)

Transferred To (Grantee/Buyer)

Mortgage

Lender

Agreement

March 2017: Warranty Deed, Transfer

Transaction

Transferred From (Grantor/Seller)

Transferred To (Grantee/Buyer)

Mortgage

Lender

Agreement

Tax Assessment & Valuation

Property Jurisdictions

Tax Bill & Assessment History

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