1005 Grace Ave, #7, Aurora, IL 60506 Property Records

Kane County property record for 1005 Grace Ave, #7, Aurora, IL 60506

Property Summary

Property Type	Commercial
Details	10,895 sqft · built 1958
Lot Size	0.307 acres (13,350 sqft)
Owner	2 Company Names on File
Last Sale	$475,000 (Sep 2007)
Tax Bill	$17,340 (2025)
Deeds & Mortgages	Feb 2026 Mortgage Jul 2020 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`15-29-428-018`

Property Details

APN / Parcel Number

Primary APN	`15-29-428-018`

Interior

Stories	1 Story
Building Area	10,895 sqft Gross Area
1st Floor Area	10,895 sqft

Exterior

Year Built	Built 1958
Effective Year Built	Effective 1958
Construction Type	Masonry / Concrete Block
Lot Area	13,350 sqft (0.307 acres)

Location & Zoning

Street Address	1005 GRACE AVE, 7
City	AURORA
State	IL
Zip	60506
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	SOUTH END ADDN 1/2 LOTS 2 & 3 & W 5.58FT S 64.9 FT LOT16 & ALL LOTS 14 & 15 BLK 31 LOT DIMENSIONS: 20 X 140.64 X 71 X 66.32 X .87 X 65.68 APPROX LOT SQ FT 13350 SUBDIVISION: SOUTH END ADDN 1/2 LOTS 2
Legal Subdivision	SOUTH END ADDLOTS
Legal Block	31
Legal Lot Number	2&3
Jurisdiction	KANE IL
Township / Civil Division	AURORA
Census Block Group	5
Census Block	5002
Census Tract	854002

Owner

1005 Grace Ave, #7 is owned by a company that bought it in September 2007.

Source: Kane County records, as of July 23, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	2 Company Names on File
Mailing Address	955 GRACE ST, ELGIN, IL 60120-8457
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Feb 2, 2026	Deed of Trust, Mortgage · Non-Conforming Investor Loan AMERICAN COMMUNITY BANK & TRUST
Jul 6, 2020	Deed of Trust, Mortgage · Commercial Mortgage BLACKHAWK BANK
Apr 28, 2017	Deed of Trust, Mortgage · Line of Credit ST CHARLES BK&TR

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Sep 14, 2007 · Amount on File
Deed Sale	Sep 14, 2007 · Amount on File
Deed Document Number	200795134
Record Updated	Oct 29, 2026

February 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	1005 GRACE AVE # 07, 07, AURORA, IL 60506
Transaction Type	Mortgage
Record Updated	Feb 11, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000004321
Date	Feb 2, 2026
Instrument	2026K004321

Lender

Name	AMERICAN COMMUNITY BANK & TRUST
Type	Bank
Address	WOODSTOCK, IL 60098

Agreement

Type	Non-Conforming Investor Loan
Amount	Amount on Record

July 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	1005 GRACE AVE # 7, 7, AURORA, IL 60506-5816
Transaction Type	Mortgage
Record Updated	Sep 21, 2022
Title Company	FIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000035869
Date	Jul 6, 2020
Instrument	2020K035869

Lender

Name	BLACKHAWK BANK
Type	Bank
Address	ELGIN, IL 60123

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

April 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	1005 GRACE AVE # 7, 7, AURORA, IL 60506-5816
Document Number	0000010492
Instrument Date	Apr 28, 2017
Transaction Type	Mortgage
Record Updated	Mar 26, 2018

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1015 S LAKE ST AURORA IL 605065886, AURORA, IL 60506-5886

Mortgage

Document Number	0000010492
Date	Mar 7, 2018
Instrument	10492

Lender

Name	ST CHARLES BK&TR
Type	Bank
Address	SAINT CHARLES, IL 60174

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 1005 Grace Ave, #7 was $17,340.

Source: Kane County assessment roll, as of July 23, 2026

Property Jurisdictions

Type	Name
State	Illinois
Municipality	Aurora City
County	Kane County
County Subdivision	Aurora Township
Unified School District	Aurora West Unit School District 129 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$17,340.00	$233,471 (+9.39%) Land $20,215 Building $213,256	$700,693 (+9.39%) Land $60,669 Building $640,024
2024		$213,430 Land $18,480 Building $194,950	$640,546 Land $55,462 Building $585,084
2022	$15,402.00 (+4.07%)	$173,996 (+7.41%) Land $15,066 Building $158,930	$521,988 (+7.41%) Land $45,198 Building $476,790
2021	$14,800.00	$161,993 Land $14,027 Building $147,966	$485,979 Land $42,081 Building $443,898

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 1005 Grace Ave, #7 in Zone X, an area of minimal flood risk, though there have been 6 flood claims nearby since 1979.

Source: FEMA National Flood Hazard Layer, effective October 8, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	3 in force
Nearby Flood Claims	6 (1979–2017)
Claims Outside the SFHA	3 of 6
Most Recent Claim	Oct 2017 · rainfall accumulation
Claims by Event	Severe Storms And Flooding, Jul 1996 · 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

The area around 1005 Grace Ave, #7 has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire Risk	Not rated no burnable land within 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	AURORA serves 183,000 people · EPA ID IL0894070
Water Source	Surface water
Last State Inspection	Mar 2025
Lead	26 ppb (2026) 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 329 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
AT&T Fixed Wireless · DSL · Fiber in parts of the area	100 / 20

May also be available: Metronet, T-Mobile, Watch TV.

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