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Commercial (General)Commercial
Last sold for $6,276,000 on Aug 22, 2022

505 W RAAB RD

NORMAL, IL 61761
0
Baths
14,705 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.
1.51 ac
Lot SizeThe size of the land the home sits on, from county records.
2010
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$6,276,000 · Aug 22, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$42,125 (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.$542,313 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$174,685
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$367,628
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$542,313
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,626,941

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.39
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
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.
73
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.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Commercial (General)
CountyMcLean
Lot (acres)The size of the land the home sits on, from county records.1.51
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Central

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

E
Fairview Elementary SchoolB
Elementary · Grades KG–5 · 0.4 mi
M
Chiddix Junior High SchoolB
Middle · Grades 6–8 · 1.8 mi
H
Normal Community High SchoolC-
High · Grades 9–12 · 4.2 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

Company ownedWhether the owner is a company or trust rather than a person.Yes

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

505 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.

  • Among the largest homes in Normal 61761
  • Among the largest lots in Normal 61761
  • Newer than 95% 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.

Living area14,705 ft²
SmallerTypical 1,501 ft²Bigger

Bigger than almost all homes nearby

Lot size1.51 ac
SmallerTypical 0.2 acBigger

Bigger than almost all homes nearby

Year built2010
OlderTypical 1979Newer

Newer than 95% of homes nearby

How 505 W Raab Rd ranks against every home in each area.
MeasureThis homeNormal 61761McLean County
Living areabigger than14,705 ft²almost all homesalmost all homes
Lot sizebigger than1.51 acalmost all homes91% of homes
Year builtnewer than201095% of homes95% of homes

About 505 W Raab Rd

When did 505 W Raab Rd, Normal, IL last sell?

505 W Raab Rd, Normal, IL last sold on Aug 22, 2022 for $6,276,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 505 W Raab Rd, Normal, IL?

505 W Raab Rd, Normal, IL has 14,705 square feet of living space and a 1.51-acre lot.

When was 505 W Raab Rd, Normal, IL built?

505 W Raab Rd, Normal, IL was built in 2010, making it 16 years old. The building has 1 story.

What schools serve 505 W Raab Rd, Normal, IL?

505 W Raab Rd, Normal, IL is assigned to Fairview Elementary School (elementary), rated B; Chiddix Junior High School (middle), rated B; Normal Community High School (high), 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 505 W Raab Rd, Normal, IL compare to other homes in Normal 61761?

Among the 12,955 homes in Normal 61761, it is bigger than almost all of them (14,705 ft² against a typical 1,501 ft²), its lot is bigger than almost all of them (1.51 ac against a typical 0.2 ac) and it is newer than 95% of them (2010 against a typical 1979). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 505 W Raab Rd, Normal, IL?

The 2025 property tax bill for 505 W Raab Rd, Normal, IL was $42,125. The county assessed it at $542,313.

Closest homes

More homes in Normal 61761

Assigned schools

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