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1906 Ferro Dr, New Lenox, IL 60451 Property Records

Will County property record for 1906 Ferro Dr, New Lenox, IL 60451 · Last verified July 2026

Property Highlights

Property TypeIndustrial > General Industrial
Lot Size54,132 sqft (1.24 acres)
Last Sale$940,000 (2023)
Tax Bill$17,162.00 (2025)

Property Details

APN / Parcel Number

Primary APN15-08-17-303-025

Exterior

Lot Area54,132 sqft (1.24 acres)

Location & Zoning

Street Address1906 FERRO DR
CityNEW LENOX
StateIL
Zip60451-3510
Property UsageIndustrial Property Usage
TypeIndustrial > General Industrial
Legal DescriptionTRACT 2: LOT 26 AND THE N 19 FT OF THE W 119.22 FT OF LOT 24, IN FERRO INDUSTRIAL PARK, A SUB OF PRT OF THE SW 1/4 OF SEC. 17
Legal Range11E
Legal Township35N
Legal Section17
Legal SubdivisionFERRO INDUSTRIAL PARK
Legal Tract2
Legal Lot Number26
JurisdictionWILL IL
Minor Civil DivisionNEW LENOX
Census Blockgroup1
Census Block1045
Census Tract881108

Owner

Source: Will County records · APN 15-08-17-303-025

Assessment roll updated June 30, 2026 · Last verified July 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 Address1104 PINE VIEW DR, JOLIET, IL 60432-0762
Owner TypeOwner is a Company
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Oct 05, 2023Deed of Trust, Mortgage
SOMERCOR 504 INC
Mar 20, 2023Warranty Deed, Transfer · Commercial Mortgage
CIBC BANK USA

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleMar 20, 2023 · Amount on Record
Deed SaleMar 20, 2023 · Amount on Record
Prior SaleJun 10, 2015 · Amount on Record
Deed Doc Number202312889
Record RefreshedSep 20, 2026

October 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWILL IL
Property Address1906 FERRO DR # B, B, NEW LENOX, IL 60451-3510
Transaction TypeMortgage
Record UpdatedOct 23, 2023
Title CompanyPREMIER TITLE COMPANY, PREMIER TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000052363
DateOct 05, 2023
InstrumentR2023052363
Lender
NameSOMERCOR 504 INC
TypeNon-Lending Institution
AddressCHICAGO, IL 60604
Agreement
AmountAmount Recorded

March 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionWILL IL
Recording DateMar 20, 2023
Property Address1906 FERRO DR # B, B, NEW LENOX, IL 60451-3510
Document Number0000012889
Map ReferenceDOC R89-5455
Instrument DateMar 14, 2023
InstrumentR2023012889
Transaction TypeTransfer
Record UpdatedAug 21, 2023
Title CompanyFIDELITY NATIONAL TITLE INS

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$940.00
Amount AccuracyFull Amount Stated
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1104 PINE VIEW DR, JOLIET, IL 60432-0762

Mortgage

Document Number0000012890
DateMar 20, 2023
InstrumentR2023012890
Lender
NameCIBC BANK USA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

Mortgage

Document Number0000012892
DateMar 20, 2023
InstrumentR2023012892
Lender
NameCIBC BANK USA
TypeBank
AddressSAINT LOUIS, MO 63144
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term6 Months
DueSep 14, 2023
Interest
Rate7.75%

Tax Assessment & Valuation

Source: Will County records · Assessment roll updated June 30, 2026 · Last verified July 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

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.

YearTax BillAssessed ValueAssessed Market Value
2025$17,162.00 (-8.09%)
2024$217,805 (+0.93%) Land $52,000 Building $165,805$653,415 (+0.93%) Land $156,000 Building $497,415
2022$18,672.00$215,805 Land $50,000 Building $165,805$647,415 Land $150,000 Building $497,415

Flood & Wildfire

1906 Ferro Dr is in FEMA Zone X, outside the Special Flood Hazard Area, with no wildfire exposure.

Flood

Source: FEMA National Flood Hazard Layer · Will County (17197C), updated June 11, 2026

FEMA Flood ZoneZone X
minimal flood hazard · outside the 0.2% annual chance floodplain
Special Flood Hazard AreaNo

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to HomesNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach of burnable land

Values are read at the parcel center point; lenders make the official flood determination.

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