NOT LISTED FOR SALE

701 S Main St Normal, IL 61761

Innovation District Neighborhood

Estimated Value: $16,440,150

88 Beds
-- Bath
51,320 Sq Ft
$320/Sq Ft Est. Value

About This Home

This home is located at 701 S Main St, Normal, IL 61761 and is currently estimated at $16,440,150, approximately $320 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
$16,440,150

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
$22,763,079
Interest Rate
6.1%
Mortgage Type
New Conventional
Estimated Equity
-$6,322,929

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Compared to Growth

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

Illinois Mclean County Normal 61761 Innovation District

701 S Main St, Normal, IL

This home is located at 701 S Main St, Normal, IL 61761 and is currently estimated at $16,440,150, approximately $320 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes