1751 Transit Way, Montgomery, IL 60538 Property Records

Kane County property record for 1751 Transit Way, Montgomery, IL 60538

Property Summary

Property TypeGeneral Industrial
Lot Size7.48 acres (326,264 sqft)
OwnerCompany Name on File
Last Sale$31,000,000 (Jul 2026)
Tax Bill$65,504 (2025)
Deeds & MortgagesJul 2026 Sale
Nov 2022 Construction Loan
APN15-32-151-002

Property Details

APN / Parcel Number

Primary APN15-32-151-002

Exterior

Lot Area326,264 sqft

Location & Zoning

Street Address1751 TRANSIT WAY
CityMONTGOMERY
StateIL
Zip60538
Property CategoryIndustrial
Property TypeIndustrial > General Industrial
Legal DescriptionMONTGOMERY BUSINESS CENTER UNIT 2 - LOT 8
Legal SubdivisionMONTGOMERY BUSINESS CENTER
Legal Lot Number8
Legal Unit2
JurisdictionKANE IL
Township / Civil DivisionAURORA
Census Block Group5
Census Block5013
Census Tract854002

Owner

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

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

Owner of RecordCompany Name on File
Mailing Address3901 W BROAD ST, RICHMOND, VA 23230-3962
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Jul 15, 2026Special Warranty Deed, Transfer
NONE LISTED ON DOCUMENT
Nov 16, 2022Deed of Trust, Mortgage · Construction Mortgage
CIBC BANK USA

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJul 15, 2026 · Amount on Record
Deed SaleJul 15, 2026 · Amount on Record
Deed Document Number202629906
Record UpdatedSep 20, 2026

July 2026: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionKANE IL
Recording DateJul 15, 2026
Property Address1751 TRANSIT WAY, MONTGOMERY, IL 60538
Document Number0000029906
Instrument DateJul 13, 2026
Instrument202629906
Transaction TypeTransfer
Record UpdatedJul 22, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

AmountAmount Recorded
Tax$4,696,500.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership
Address3901 W BROAD ST, RICHMOND, VA 23230-3962
InvestorPossibly a Property Investor

November 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionKANE IL
Property Address1751 TRANSIT WAY, MONTGOMERY, IL 60538
Transaction TypeMortgage
Record UpdatedSep 1, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000055248
DateNov 16, 2022
Instrument2022K055248
Lender
NameCIBC BANK USA
TypeBank
Agreement
TypeConstruction Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyKane County
MunicipalityMontgomery Village

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$65,504.00 (+1,054.05%)$987,133 (+1,041.31%) Land $94,613 Building $892,520$2,962,584 (+1,041.31%) Land $283,953 Building $2,678,631
2024$86,491 (+22.66%) Land $86,491$259,577 (+22.71%) Land $259,577
2022$5,676.00$70,510 Land $70,510$211,530 Land $211,530

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: OpenFEMA NFIP redacted claims and policies, as of September 2026

Nearby Flood Policies3 in force
Nearby Flood Claims6 (1979–2017)
Claims Outside the SFHA3 of 6
Most Recent ClaimOct 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.

Nearby Properties on Transit Way

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