225 Gilman Ave, Wheeling, IL 60090 Property Records

Cook County property record for 225 Gilman Ave, Wheeling, IL 60090

Property Summary

Property TypeGeneral Industrial
Details52,170 sqft · built 1982
Lot Size3.4 acres (148,104 sqft)
OwnerCompany Name on Record
Last Sale$5,800,000 (Aug 2026)
Tax Bill$200,702 (2024)
Deeds & MortgagesAug 2026 Sale
Dec 2022 Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN03-14-300-014

Property Details

APN / Parcel Number

Primary APN03-14-300-014
Alternative APN
  • 03-14-300-014-0000

Interior

Building Area52,170 sqft Gross Area

Exterior

Year BuiltBuilt 1982
Effective Year BuiltEffective 1982
Lot Area148,104 sqft

Location & Zoning

Street Address225 GILMAN AVE
CityWHEELING
StateIL
Zip60090-5832
Property CategoryIndustrial
Property TypeIndustrial > General Industrial
Legal Description(NORTHERN) (INDUSTRIAL) (DEVELOPMENT) (1ST) RESUB OF LT2 IN NORTHERN DVLP SUB OF PT OF THE WH SW NW SEC 14-42-11
Legal Range11E
Legal Township42N
Legal Section14
Legal SubdivisionNORTHERN INDUSTRIAL DEVELOPMENT 1ST
Legal Lot Number2
JurisdictionCOOK IL
Township / Civil DivisionWHEELING
Census Block Group1
Census Block1000
Census Tract802505

Owner

Source: Cook County records, as of September 1, 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 Address111 RIVER ST, 1010, HOBOKEN, NJ 07030-5773
Owner TypeCompany
VestingLimited Partnership

Deeds, Mortgages & Sale History

DateDocument
Aug 20, 2026Special Warranty Deed, Transfer
NONE LISTED ON DOCUMENT
Dec 21, 2022Deed of Trust, Mortgage · Unknown
LAKE FOREST BANK & TRUST CO NA
Aug 13, 2018Loan Modification, Mortgage · Line of Credit
LAKE FOREST BK&TR

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 20, 2026 · Amount on Record
Deed SaleAug 20, 2026 · Amount on Record
Prior SaleJul 7, 1998
Deed Document Number20262328137
Prior Transfer DateJun 26, 1998
Prior Transfer Doc0000000763
Record UpdatedOct 29, 2026

August 2026: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCOOK IL
Recording DateAug 20, 2026
Property Address225 GILMAN AVE, WHEELING, IL 60090-5832
Document Number0000008137
Instrument DateAug 6, 2026
Instrument20268137
Transaction TypeTransfer
Record UpdatedAug 27, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

AmountAmount Recorded
Tax$878,700.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Partnership

December 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address225 GILMAN AVE, WHEELING, IL 60090-5832
Transaction TypeMortgage
Record UpdatedJan 3, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
Address5060 RIVER RD, SCHILLER PARK, IL 60176-1021

Mortgage

Document Number0035522009
DateDec 21, 2022
Instrument2235522009
Lender
NameLAKE FOREST BANK & TRUST CO NA
TypeBank
AddressLAKE FOREST, IL 60045
Agreement
TypeUnknown
AmountAmount Recorded

August 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionCOOK IL
Recording DateAug 13, 2018
Property Address225 GILMAN AVE, WHEELING, IL 60090-5832
Document Number1822534043
Instrument DateAug 10, 2018
Instrument22534043
Transaction TypeMortgage
Record UpdatedAug 29, 2018
Title CompanyOTHER

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address225 GILMAN AVE WHEELING IL 600905832, WHEELING, IL 60090-5832

Mortgage

Document Number1822534043
DateAug 13, 2018
Instrument22534043
Lender
NameLAKE FOREST BK&TR
TypeBank
Address727 N BANK LN, LAKE FOREST, IL 60045-1887
Agreement
TypeLine of Credit
AmountAmount Recorded
Term84 Months
DueAug 12, 2025
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Cook County assessment roll, as of May 27, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionWheeling Township
MunicipalityWheeling Village
Secondary School DistrictTownship High School District 214 (09 - 12)
Elementary School DistrictWheeling Community Consolidated School District 21 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$835,751 (+45.6%) Land $370,773 Building $464,978$3,343,004 (+45.6%) Land $1,483,092 Building $1,859,912
2024$200,702.00 (+3.64%)
2023$193,660.00 (+4.87%)
2022$184,660.00$574,024 Land $259,540 Building $314,484$2,296,096 Land $1,038,160 Building $1,257,936

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: FEMA National Flood Hazard Layer, effective February 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims12 (1986)
Claims Outside the SFHA12 of 12
Most Recent ClaimSep 1986 · Severe Storms & Flooding
Claims by Event
  • Severe Storms & Flooding, Sep 1986 · 12 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.

Wildfire

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

Wildfire RiskLow
lower than 98% of the US · lower than 86% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation

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 SystemWHEELING
serves 39,725 people · EPA ID IL0314970
Water SourcePurchased surface water from NORTHWEST WATER COMMISSION
Last State InspectionJul 2025
Lead1 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityE. coli
resolved · Jun 2019
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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 27 locations within half a mile, as of December 31, 2025

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

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