2 W Lake St, Addison, IL 60101 Property Records

DuPage County property record for 2 W Lake St, Addison, IL 60101

Property Summary

Property TypeCommercial
Details880 sqft · built 1987
Lot Size0.37 acres (16,117 sqft)
OwnerCompany Name on Record
Last Sale$1,362,000 (Oct 2008)
Tax Bill$21,974 (2025)
Deeds & MortgagesMar 2019 Mortgage
Flood ZoneZone X (minimal risk)
APN03-28-102-027

Property Details

APN / Parcel Number

Primary APN03-28-102-027

Interior

Building Area880 sqft Gross Area

Exterior

Year BuiltBuilt 1987
Effective Year BuiltEffective 1987
Construction TypeMasonry / Concrete Block
Lot Area16,117 sqft (0.37 acres)

Location & Zoning

Street Address2 W LAKE ST
CityADDISON
StateIL
Zip60101-2764
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeC
Legal DescriptionVILLAGE OF ADDISON LOT 54 & W 100FT E 133 FT NW1/4 SECT 28-40-11 TAKEN AS A TRACT LYG S OF LENS AVE HARDWARD SUB & N OF LAKE ST /EX HWY DESC R83-32685 & R88-16476 & 01ED25/
Legal SubdivisionVILLAGE OF ADDISON
Legal Lot Number54
JurisdictionDU PAGE IL
Township / Civil DivisionADDISON
Census Block Group4
Census Block4004
Census Tract840104

Owner

Source: DuPage County records, as of August 17, 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 Address2 W LAKE ST, ADDISON, IL 60101-2764
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleOct 17, 2008 · Amount on Record
Deed SaleOct 17, 2008 · Amount on Record
Prior SaleFeb 14, 2007 · Amount on Record
Deed Document Number2008154651
Prior Transfer DateJan 10, 2007
Prior Transfer Doc0000154650
Record UpdatedSep 20, 2026

March 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionDU PAGE IL
Property Address2 W LAKE ST, ADDISON, IL 60101-2764
Transaction TypeMortgage
Record UpdatedAug 5, 2022
Title CompanyGREATER ILLINOIS TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000017683
DateMar 12, 2019
InstrumentR2019-017683
Lender
NameLAKESIDE BANK
TypeBank
AddressCHICAGO, IL 60608
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term60 Months
DueMar 4, 2024
Interest
Rate5.12%

Tax Assessment & Valuation

Source: DuPage County assessment roll, as of August 17, 2026

Property Jurisdictions

TypeName
StateIllinois
MunicipalityAddison Village
CountyDuPage County
County SubdivisionAddison Township
Elementary School DistrictAddison School District 4 (PK - 08)
Secondary School DistrictDuPage High School District 88 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$21,974.00 (+23.03%)$327,344 (+34.98%) Land $125,085 Building $202,259$982,032 (+34.98%) Land $375,255 Building $606,777
2022$17,860.00$242,510 Land $92,670 Building $149,840$727,530 Land $278,010 Building $449,520

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 September 1, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies1 in force
Nearby Flood Claims3 (2013–2015)
Claims Outside the SFHA2 of 3
Most Recent ClaimJun 2015 · river or lake flooding

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 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 SystemADDISON
serves 38,017 people · EPA ID IL0430050
Water SourcePurchased surface water from DU PAGE WATER COMMISSION
Last State InspectionJan 2024
Lead2 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
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 157 locations within half a mile, as of December 31, 2025

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

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