2 N Gladstone Ave, Aurora, IL 60506 Property Records

Kane County property record for 2 N Gladstone Ave, Aurora, IL 60506

Property Summary

Property TypeCommercial Vacant Land
Lot Size0.31 acres (13,503 sqft)
OwnerCompany Name on File
Last Sale$2,875,000 (Jul 2006)
Tax Bill$1,413 (2025)
Deeds & MortgagesJul 2026 Sale & Mortgage
Jan 2020 Line of Credit
Flood ZoneZone X (minimal risk)
APN15-17-401-005

Property Details

APN / Parcel Number

Primary APN15-17-401-005

Exterior

Lot Area13,503 sqft (0.31 acres)

Location & Zoning

Street Address2 N GLADSTONE
CityAURORA
StateIL
Zip60506
Property CategoryCommercial
Property TypeVacant Land > Commercial
Legal DescriptionUNIT 2 JOHN A KRAUSE SUB : LOT 10
Legal SubdivisionJOHN A KRAUSE SUB
Legal Block2
Legal Lot Number10
Legal Unit2
JurisdictionKANE IL
Township / Civil DivisionAURORA
Census Block Group2
Census Block2003
Census Tract853007

Owner

2 N Gladstone Ave, commercial vacant land, is owned by a company that acquired it in June 2012.

Source: Kane County records, as of July 21, 2026

Owner of RecordCompany Name on File
Mailing Address1240 VICTORY CT, 5A, AURORA, IL 60506-2062
Owner TypeCompany
VestingCompany

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

Deeds, Mortgages & Sale History

DateDocument
Jul 28, 2026Warranty Deed, Transfer · Conventional Mortgage
CORNERSTONE NATIONAL BANK
Jan 24, 2020Quit Claim Deed, Transfer · Line of Credit
BANKFINANCIAL NA

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 17, 2006 · Amount on File
Deed SaleJul 17, 2006 · Amount on File
Prior SaleJul 17, 2006 · Amount on File
Deed Document Number200676151
Last Transfer DateJun 5, 2012
Transfer Doc0000037945
Record UpdatedSep 20, 2026

July 2026: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionKANE IL
Recording DateJul 28, 2026
Document Number0000032020
Instrument DateJun 30, 2026
Instrument202632020
Transaction TypeTransfer
Record UpdatedAug 6, 2026
Title CompanyCHICAGO TITLE COMPANY, CHICAGO TITLE INSURANCE COMPAN

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$2,007,375.00
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
Address7330 FAIRMOUNT AVE, DOWNERS GROVE, IL 60516-4055

Mortgage

Document Number0000032021,
DateJul 28, 2026
Instrument202632021
Lender
NameCORNERSTONE NATIONAL BANK
Agreement
TypeConventional Mortgage
AmountAmount on Record
Interest
Rate6.52%
Max Rate-1%

January 2020: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionKANE IL
Recording DateJan 24, 2020
Property Address2 N GLADSTONE AVE, AURORA, IL 60506
Document Number0000004626
Instrument DateJan 2, 2020
Instrument4626
Transaction TypeTransfer
Record UpdatedFeb 11, 2020
Title CompanyPRO TITLE GROUP INC

Transaction

Tax$0.00
Additional
  • Quitclaim
  • Intrafamily Transfer
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1240 VICTORY CT #5A AURORA IL 605062062, 5A, AURORA, IL 60506-2062

Mortgage

Document Number4627
DateJan 24, 2020
Instrument4627
Lender
NameBANKFINANCIAL NA
Address60 N FRONTAGE RD, BURR RIDGE, IL 60527-7158
Agreement
TypeLine of Credit
AmountAmount on Record
Term360 Months
DueJan 23, 2050
Interest
Rate TypeAdjustable Rate
Rate3.37%

Tax Assessment & Valuation

The 2025 property tax bill for 2 N Gladstone Ave was $1,413.

Source: Kane County assessment roll, as of August 25, 2025

Property Jurisdictions

TypeName
StateIllinois
MunicipalityAurora City
CountyKane County
County SubdivisionAurora Township
Unified School DistrictAurora West Unit School District 129 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,413.00
2024$17,395 Land $17,395$52,206 Land $52,206
2022$1,255.00 (+4.06%)$14,181 (+7.41%) Land $14,181$42,543 (+7.41%) Land $42,543
2021$1,206.00$13,203 Land $13,203$39,609 Land $39,609

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

Flood

FEMA maps place 2 N Gladstone Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective October 8, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

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

Wildfire

The area around 2 N Gladstone Ave 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 RiskNot 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 SystemAURORA
serves 183,000 people · EPA ID IL0894070
Water SourceSurface water
Last State InspectionMar 2025
Lead26 ppb (2026)
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 598 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
1,000 / 75
AT&T
DSL
100 / 20

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

Nearby Properties on N Gladstone Ave

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