1 Pierce Pl, Itasca, IL 60143 Property Records

DuPage County property record for 1 Pierce Pl, Itasca, IL 60143

Property Summary

Property Type	Commercial
Details	525,422 sqft · built 1984
Lot Size	8.45 acres (368,082 sqft)
Owner	Company Name on Record
Last Sale	$7,830,000 (Nov 2017)
Tax Bill	$721,564 (2025)
Deeds & Mortgages	Dec 2022 Mortgage Nov 2017 Sale & Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`03-05-101-009`

Property Details

APN / Parcel Number

Primary APN	`03-05-101-009`

Interior

Units	75 Units
Building Area	525,422 sqft Gross Area

Exterior

Year Built	Built 1984
Effective Year Built	Effective 1984
Construction Type	Masonry / Concrete Block
Lot Area	368,082 sqft

Location & Zoning

Street Address	1 PIERCE PL
City	ITASCA
State	IL
Zip	60143-1253
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	C
Legal Description	CHANCELLORY ASSMT PLAT ALL
Legal Subdivision	CHANCELLORY ASSMT PLAT
Legal Lot Number	1
Jurisdiction	DU PAGE IL
Township / Civil Division	ADDISON
Census Block Group	2
Census Block	2021
Census Tract	840201

Owner

Source: DuPage County records, as of August 17, 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 Record
Mailing Address	1075 GEORGIA ST W # 2600, VANCOUVER, BC V6E 3
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Dec 28, 2022	Deed of Trust, Mortgage · Commercial Mortgage ACRC LENDER W LLC
Nov 21, 2017	Trustee's Deed, Transfer · Line of Credit ACRC LENDER

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 21, 2017 · Amount on Record
Deed Sale	Nov 21, 2017 · Amount on Record
Prior Sale	Nov 3, 2011 · Amount on Record
Deed Document Number	2017119701
Prior Transfer Date	Nov 2, 2011
Prior Transfer Doc	0000132912
Record Updated	Sep 20, 2026

December 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	DU PAGE IL
Property Address	1 PIERCE PL, ITASCA, IL 60143-1253
Transaction Type	Mortgage
Record Updated	Jan 11, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1075 WEST GEORGIA SGTREET 2600, XX

Mortgage

Document Number	0000110700
Date	Dec 28, 2022
Instrument	R2022-110700

Lender

Name	ACRC LENDER W LLC
Type	Non-Lending Institution
Address	NEW YORK, NY 10167

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	37 Months
Due	Jan 5, 2026

November 2017: Trustee's Deed, Transfer

Document Type	Trustee's Deed
Jurisdiction	DU PAGE IL
Recording Date	Nov 21, 2017
Property Address	1 PIERCE PL, ITASCA, IL 60143-1253
Document Number	0000119701
Instrument Date	Nov 17, 2017
Instrument	119701
Transaction Type	Transfer
Record Updated	Dec 12, 2017
Title Company	OTHER

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$117,450.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	1 PIERCE PL ITASCA IL 601431253, ITASCA, IL 60143-1253

Mortgage

Document Number	119702
Date	Nov 21, 2017
Instrument	119702

Lender

Name	ACRC LENDER
Type	Funding / Finance Company
Address	1 N WACKER DR # 48TH, CHICAGO, IL 60606-2807

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	Nov 20, 2022

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: DuPage County assessment roll, as of August 17, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	DuPage County
County Subdivision	Addison Township
Municipality	Itasca Village
Elementary School District	Itasca School District 10 (PK - 08)
Secondary School District	Lake Park Community High School District 108 (09 - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$721,564.00 (-31.49%)	$10,571,600 (-24.49%) Land $3,212,423 Building $7,359,177	$31,714,800 (-24.49%) Land $9,637,269 Building $22,077,531
2022	$1,053,234.00	$14,000,000 Land $2,567,470 Building $11,432,530	$42,000,000 Land $7,702,410 Building $34,297,590

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 1, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force
Nearby Flood Claims	5 (1982–2010)
Claims Outside the SFHA	2 of 5
Most Recent Claim	Jul 2010 · Severe Storms And Flooding
Claims by Event	Severe Storms And Flooding, Jul 2010 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.1% of the US · lower than 94% of Illinois
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	ITASCA serves 9,506 people · EPA ID IL0430500
Water Source	Purchased surface water from DU PAGE WATER COMMISSION
Last State Inspection	May 2025
Lead	Under 1 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 18 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	1,000 / 75

May also be available: AT&T.

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