1702 Ferro Dr, New Lenox, IL 60451 Property Records

Will County property record for 1702 Ferro Dr, New Lenox, IL 60451

Property Summary

Property TypeIndustrial Vacant Land
Lot Size2.07 acres (90,169 sqft)
OwnerCompany Name on Record
Last Sale$400,000 (Jan 2024)
Tax Bill$6,555 (2025)
Deeds & MortgagesMar 2026 Construction Loan
Jan 2024 Sale
+ 1 more
Flood ZoneZone X (minimal risk)
APN15-08-17-302-012

Property Details

APN / Parcel Number

Primary APN15-08-17-302-012

Exterior

Lot Area90,169 sqft (2.07 acres)

Location & Zoning

Street Address1702 FERRO DR
CityNEW LENOX
StateIL
Zip60451-3501
Property CategoryIndustrial
Property TypeIndustrial > Vacant Land
Legal DescriptionLOT 93 IN CACHEY'S RESUB OF PART OF LOT 9 IN FERRO INDUSTRIAL PARK, BEING A SUB OF PRT OF THE SW1/4 OF SEC 17, T35N-R11E.
Legal Range11E
Legal Township35N
Legal Section17
Legal SubdivisionFERRO INDUSTRIAL PARK
Legal Lot Number93
JurisdictionWILL IL
Township / Civil DivisionNEW LENOX
Census Block Group1
Census Block1045
Census Tract881108

Owner

Source: Will County records, as of August 24, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address4701 N RONALD ST, HARWOOD HEIGHTS, IL 60706-3815
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Mar 10, 2026Deed of Trust, Mortgage · Construction Mortgage
CIBM BANK
Jan 3, 2024Special Warranty Deed, Transfer
FIDELITY NATIONAL TITLE INSURANCE NY, FIDELITY NATIONAL TITLE INS
Nov 5, 2019Loan Modification, Consolidation and Extension, Mortgage
NOT AVAILABLE

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJan 3, 2024 · Amount on Record
Deed SaleJan 3, 2024 · Amount on Record
Prior SaleFeb 20, 2008 · Amount on Record
Deed Document Number2024425
Record UpdatedOct 29, 2026

March 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWILL IL
Property Address1702 FERRO DR, NEW LENOX, IL 60451-3501
Transaction TypeMortgage
Record UpdatedMar 20, 2026
Title CompanyFREEDOM TITLE CORPORATION

Transferred To (Grantee/Buyer)

NameVerified Name
Address3949 ANN ARBOR DR, HOUSTON, TX 77063-6301

Mortgage

Document Number0000014087
DateMar 10, 2026
InstrumentR2026014087
Lender
NameCIBM BANK
TypeBank
AddressELM GROVE, WI 53122
Agreement
TypeConstruction Mortgage
AmountAmount Recorded
Term60 Months
DueMar 6, 2031
Interest
Rate TypeAdjustable Rate

January 2024: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionWILL IL
Recording DateJan 3, 2024
Property Address1702 FERRO DR, NEW LENOX, IL 60451-3501
Document Number0000000425
Map ReferenceDOC R2003-257045
Instrument DateDec 28, 2023
InstrumentR2024000425
Transaction TypeTransfer
Record UpdatedJan 16, 2024
Title CompanyFIDELITY NATIONAL TITLE INSURANCE NY, FIDELITY NATIONAL TITLE INS

Transaction

AmountAmount Recorded
Tax$400.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address1900 SOUTH BRIGGS STREET, JOLIET, PR

Transferred To (Grantee/Buyer)

NameVerified Name
Address4701 N RONALD ST, HARWOOD HEIGHTS, IL 60706-3815

November 2019: Loan Modification, Consolidation and Extension, Mortgage

Document TypeLoan Modification, Consolidation and Extension
JurisdictionWILL IL
Property AddressFERRO DR, NEW LENOX, IL 60451
Document Number0000003935
Instrument DateNov 5, 2019
Transaction TypeMortgage
Record UpdatedFeb 28, 2020
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address11978 OAK TREE LN LEMONT IL 604396775, LEMONT, IL 60439-6775

Tax Assessment & Valuation

Source: Will County assessment roll, as of August 24, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyWill County
County SubdivisionNew Lenox Township
MunicipalityNew Lenox Village
Secondary School DistrictLincoln Way Community High School District 210 (09 - 12)
Elementary School DistrictNew Lenox School District 122 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$6,555.00 (-2.9%)$83,200 (-) Land $83,200$249,600 (-) Land $249,600
2024$6,751.00 (-2.47%)$83,200 (+4%) Land $83,200$249,600 (+4%) Land $249,600
2022$6,922.00$80,000 Land $80,000$240,000 Land $240,000

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

Source: FEMA National Flood Hazard Layer, effective June 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies1 in force
Nearby Flood Claims1 (1979)
Most Recent ClaimMar 1979 · tidal / storm surge

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 RiskLow
lower than 98% of the US · lower than 86% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
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 SystemNEW LENOX
serves 29,200 people · EPA ID IL1970700
Water SourcePurchased surface water from TINLEY PARK
Last State InspectionJul 2022
LeadUnder 1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 253 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
Bertram Communications
Fixed Wireless
100 / 20
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless · Fiber in parts of the area
100 / 20

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