1981 Madison Ave, Gurnee, IL 60031 Property Records

Lake County property record for 1981 Madison Ave, Gurnee, IL 60031

Property Summary

Property Type	Single Family Home
Details	4 bd · 2.5 ba · 2,366 sqft · built 1988
Lot Size	0.222 acres (9,666 sqft)
Owner	2 Individual Names on Record
Last Sale	$350,000 (Sep 2023)
Tax Bill	$10,015 (2024)
Deeds & Mortgages	Sep 2023 Sale & Mortgage May 2022 Sale & Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`07-10-314-006`

Property Details

APN / Parcel Number

Primary APN	`07-10-314-006`

Interior

Bedrooms	4 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	9 Plumbing Fixtures
Total Rooms	8 Rooms
Stories	2 Stories
Building Area	2,366 sqft Living Area
Gross Area	3,832 sqft
1st Floor Area	1,190 sqft
2nd Floor Area	1,176 sqft
Upper Floors Area	1,176 sqft
Basement Area	1,046 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1988
Effective Year Built	Effective 1988
Architectural Style	Conventional
Exterior Material	Wood Siding
Construction Type	Frame
Roof Material	Composition Shingle
Lot Area	9,666 sqft (0.222 acres)
Garage Type	Attached
Garage Area	420 sqft
Parking Spaces	2 Parking Spaces
Porch	Open Porch
Porch Area	44 sqft
Patio Area	247 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C
Water Source	Commercial

Location & Zoning

Street Address	1981 MADISON AVE
City	GURNEE
State	IL
Zip	60031-6099
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	WESTGATE UNIT 1; LT 21 LOT 21
Legal Subdivision	WESTGATE UNIT 1
Legal Lot Number	21
Legal Unit	1
Jurisdiction	LAKE IL
Township / Civil Division	WARREN
Census Block Group	1
Census Block	1025
Census Tract	861505

Owner

Source: Lake County records, as of April 29, 2026

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

Owner of Record	2 Individual Names on Record
Mailing Address	2701 HESSING ST, RIVER GROVE, IL 60171-1593
Owner Type	Individual
Vesting	Husband and Wife

Deeds, Mortgages & Sale History

Date	Document
Sep 5, 2023	Warranty Deed, Transfer · VA Mortgage MORTGAGE RESEARCH CENTER LLC
May 23, 2022	Deed, Transfer · Conventional Mortgage CROSSCOUNTRY MORTGAGE LLC
Mar 3, 2021	Deed of Trust, Mortgage · Conventional Mortgage FIRST CENTENNIAL MORTGAGE CORP
Jul 2, 2021	Quit Claim Deed, Transfer ATTORNEY ONLY, ATTORNEY

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Sep 5, 2023 · Amount on Record
Deed Sale	Sep 5, 2023 · Amount on Record
Prior Sale	May 23, 2022 · Amount on Record
Deed Document Number	20237993542
Prior Transfer Date	Mar 25, 2021
Prior Transfer Doc	0007804952
Record Updated	Oct 29, 2026

September 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	LAKE IL
Recording Date	Sep 5, 2023
Property Address	1981 MADISON AVE, GURNEE, IL 60031-6099
Document Number	0007993542
Map Reference	DOC 2635299
Instrument Date	Aug 28, 2023
Instrument	7993542
Transaction Type	Transfer
Record Updated	Sep 14, 2023
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$350.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	1981 MADISON AVE, GURNEE, IL 60031-6099

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1981 MADISON AVE, GURNEE, IL 60031-6099
Investor	Possibly a Property Investor

Mortgage

Document Number	0007993543
Date	Sep 5, 2023
Instrument	7993543

Lender

Name	MORTGAGE RESEARCH CENTER LLC
Type	Mortgage Company

Agreement

Type	VA Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Sep 1, 2053

Interest

Rate Type	Fixed Rate
Rate	7.12%

May 2022: Deed, Transfer

Document Type	Deed
Jurisdiction	LAKE IL
Recording Date	May 23, 2022
Property Address	1981 MADISON AVE, GURNEE, IL 60031-6099
Document Number	0007906055
Map Reference	DOC 2635299
Instrument Date	May 2, 2022
Instrument	7906055
Transaction Type	Transfer
Record Updated	Jun 2, 2022
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$300.00
Amount Accuracy	Rounded by County
Additional	Lis Pendens Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	1981 MADISON AVE, 1981, GURNEE, IL 60031-6099

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	1981 MADISON AVE, GURNEE, IL 60031-6099

Mortgage

Document Number	0007906056
Date	May 23, 2022
Instrument	7906056

Lender

Name	CROSSCOUNTRY MORTGAGE LLC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jun 1, 2052

Interest

Rate Type	Fixed Rate
Rate	4.99%

March 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LAKE IL
Property Address	1981 MADISON AVE, GURNEE, IL 60031-6099
Transaction Type	Mortgage
Record Updated	Apr 19, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0007757678
Date	Mar 3, 2021
Instrument	7757678

Lender

Name	FIRST CENTENNIAL MORTGAGE CORP
Type	Mortgage Company
Address	AURORA, IL 60506

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Mar 1, 2051

July 2021: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	LAKE IL
Recording Date	Jul 2, 2021
Property Address	1981 MADISON AVE, GURNEE, IL 60031-6099
Document Number	0007804952
Map Reference	DOC 2635299
Instrument Date	Mar 25, 2021
Instrument	7804952
Transaction Type	Transfer
Record Updated	Aug 25, 2021
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	1325 KURTIS LN, LAKE FOREST, IL 60045-4306

Tax Assessment & Valuation

Source: Lake County assessment roll, as of April 29, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Lake County
County Subdivision	Warren Township
Municipality	Gurnee Village
Secondary School District	Warren Township High School District 121 (09 - 12)
Elementary School District	Woodland Community Consolidated School District 50 (PK - 08)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$124,847 (+13.09%) Land $16,538 Building $108,309	$374,578 (+13.08%) Land $49,619 Building $324,959
2024	$10,015.00 (-1.93%)
2023	$10,212.00 (+10.23%)	$110,401 (+7.1%) Land $14,624 Building $95,777	$331,236 (+7.1%) Land $43,876 Building $287,360
2022	$9,264.00	$103,080 Land $14,845 Building $88,235	$309,270 Land $44,539 Building $264,731

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 February 20, 2024 · 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
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	3 in force

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	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	GURNEE serves 30,193 people · EPA ID IL0970350
Water Source	Purchased surface water from several systems
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 371 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
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless · DSL	100 / 20

May also be available: E-vergent.

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