701 S Main St Normal, IL 61761
Innovation District NeighborhoodEstimated Value: $17,570,733
88
Beds
--
Bath
51,320
Sq Ft
$342/Sq Ft
Est. Value
About This Home
This home is located at 701 S Main St, Normal, IL 61761 and is currently priced at $17,570,733, approximately $342 per square foot. 701 S Main St is a home located in McLean County with nearby schools including Oakdale Elementary School, Kingsley Junior High School, and Normal Community West High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 30, 2025
Sold by
C150-Ii 709 S Main Llc
Bought by
Flats At Isu Owner Llc and Flats At Isu Tic I Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,450,000
Outstanding Balance
$21,621,787
Interest Rate
6.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 23, 2018
Sold by
Sh The Flats Normal Llc
Bought by
C150 Ii 709 S Main Llc
Purchase Details
Closed on
Feb 25, 2015
Sold by
Normal Main Llc
Bought by
Sh The Flats Normal Llc
Purchase Details
Closed on
Oct 29, 2010
Sold by
Normal Osage Llc
Bought by
Normal Main Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,040,000
Interest Rate
3.25%
Mortgage Type
Construction
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Flats At Isu Owner Llc | $31,378,000 | Stewart Title Guaranty Company | |
| C150 Ii 709 S Main Llc | -- | Attorney | |
| Sh The Flats Normal Llc | $10,730,000 | First American Title | |
| Normal Main Llc | $200,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Flats At Isu Owner Llc | $23,450,000 | |
| Previous Owner | Normal Main Llc | $7,040,000 |
Source: Public Records
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $195,074 | $2,684,487 | $123,158 | $2,561,329 |
| 2022 | $195,074 | $2,171,589 | $99,628 | $2,071,961 |
| 2021 | $188,423 | $2,048,863 | $93,998 | $1,954,865 |
| 2020 | $187,372 | $2,027,573 | $93,021 | $1,934,552 |
| 2019 | $181,030 | $2,016,683 | $92,521 | $1,924,162 |
| 2018 | $179,035 | $1,995,333 | $91,542 | $1,903,791 |
| 2017 | $172,653 | $1,995,333 | $91,542 | $1,903,791 |
| 2016 | $170,776 | $1,995,333 | $91,542 | $1,903,791 |
| 2015 | $166,141 | $1,948,567 | $89,396 | $1,859,171 |
| 2014 | $86,882 | $1,031,744 | $89,396 | $942,348 |
| 2013 | -- | $1,031,744 | $89,396 | $942,348 |
Source: Public Records
Map
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