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Single Family ResidenceResidential
$298,976$127 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $144,800 on Oct 1, 2002

2040 W RAAB RD

NORMAL, IL 61761
3.5
Baths
2,360 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.87 ac
Lot SizeThe size of the land the home sits on, from county records.
1915
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$299K
$279K low$319K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$144,800 · Oct 1, 2002
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$228,976
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$183,181
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.24%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$70,000
PNC BANK NA · 2.5% · recorded Jun 22, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,695 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$83,638 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$23,814
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$59,824
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$83,638
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$250,914

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.54
59
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
17
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
75
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
75
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
46
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.23 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMcLean
Lot (acres)The size of the land the home sits on, from county records.0.87
HeatingThe type of heating system in the home.Forced Air
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 808 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Normal Community West High SchoolB
High · Grades 9–12 · 0.7 mi
M
Parkside Junior High SchoolC-
Middle · Grades 6–8 · 1.4 mi
E
Parkside Elementary SchoolC-
Elementary · Grades KG–5 · 1.5 mi

District: McLean County Unit School District 5

Neighborhood · ZIP 61761These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.92
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.84
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.39

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.35%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.17%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.52,083
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,572 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$68,226
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$92,005
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

2040 W Raab Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 68% of homes in Normal 61761
  • Costs less per square foot than 87% of homes in Normal 61761
  • Bigger than 89% of homes in Normal 61761
  • Has a bigger lot than 97% of homes in Normal 61761
  • Older than 97% of homes in Normal 61761

What homes are worth in Normal 61761

Each bar is how many homes fall in that price range. The marker is this home.

This home
$116K$491K

This home is worth more than 68% of homes in Normal 61761.

How it measures up in Normal 61761

The dot is this home. The mark in the middle is the typical home in Normal 61761.

Estimated value$298,976
CheaperTypical $251,174Pricier

Pricier than 68% of homes nearby

Price per ft²$127
CheaperTypical $165Pricier

Pricier than 13% of homes nearby

Living area2,360 ft²
SmallerTypical 1,498 ft²Bigger

Bigger than 89% of homes nearby

Lot size0.87 ac
SmallerTypical 0.2 acBigger

Bigger than 97% of homes nearby

Year built1915
OlderTypical 1979Newer

Newer than 3% of homes nearby

How 2040 W Raab Rd ranks against every home in each area.
MeasureThis homeNormal 61761McLean County
Estimated valuepricier than$298,97668% of homes65% of homes
Price per ft²pricier than$12713% of homes24% of homes
Living areabigger than2,360 ft²89% of homes84% of homes
Lot sizebigger than0.87 ac97% of homes88% of homes
Year builtnewer than19153% of homes12% of homes

About 2040 W Raab Rd

How much is 2040 W Raab Rd, Normal, IL worth?

The TopHap Estimate for 2040 W Raab Rd, Normal, IL is $298,976 as of Jul 14, 2026. The likely range is $279,297 to $318,655. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 2040 W Raab Rd, Normal, IL last sell?

2040 W Raab Rd, Normal, IL last sold on Oct 1, 2002 for $144,800, according to the county's recorded deed.

How big is 2040 W Raab Rd, Normal, IL?

2040 W Raab Rd, Normal, IL has 3.5 bathrooms, 2,360 square feet of living space and a 0.87-acre lot.

When was 2040 W Raab Rd, Normal, IL built?

2040 W Raab Rd, Normal, IL was built in 1915, making it 111 years old. The building has 2 stories.

What schools serve 2040 W Raab Rd, Normal, IL?

2040 W Raab Rd, Normal, IL is assigned to Normal Community West High School (high), rated B; Parkside Junior High School (middle), rated C-; Parkside Elementary School (elementary), rated C-. All sit in McLean County Unit School District 5. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2040 W Raab Rd, Normal, IL compare to other homes in Normal 61761?

Among the 12,955 homes in Normal 61761, it is worth more than 68% of them ($298,976 against a typical $251,174), its price per square foot is higher than 13% of them ($127 against a typical $165), it is bigger than 89% of them (2,360 ft² against a typical 1,498 ft²), its lot is bigger than 97% of them (0.87 ac against a typical 0.2 ac) and it is newer than 3% of them (1915 against a typical 1979). Measured against all of McLean County, it is worth more than 65% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 2040 W Raab Rd, Normal, IL?

The 2025 property tax bill for 2040 W Raab Rd, Normal, IL was $5,695. The county assessed it at $83,638.

Closest homes

More homes in Normal 61761

Assigned schools

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