240 E Lake St, Addison, IL 60101 Property Records

DuPage County property record for 240 E Lake St, Addison, IL 60101 · Last verified August 2026

Property Highlights

Property Type	Commercial > Retail
Year Built	Built 1978
Square Footage	29,610 sqft Gross Area
Lot Size	1.41 acres
Last Sale	$1,800,000 (2021)
Tax Bill	$54,735.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`03-28-212-031`

Interior

Units	12 Units
Building Area	29,610 sqft Gross Area

Exterior

Year Built	Built 1978
Effective Year Built	Effective 1978
Construction Type	Masonry/Concrete Masonry Units (CMUs) Construction
Lot Area	61,420 sqft

Location & Zoning

Street Address	240 E LAKE ST
City	ADDISON
State	IL
Zip	60101-2890
Property Usage	Commercial Property Usage
Type	Commercial > Retail
Legal Description	COVE-LAKE STREET ASSMT PLAT /EX FOREST PRESERVE DIST ROTERMUND ASSMT PLAT & EX HWY DESC 95ED42/
Legal Subdivision	COVE-LAKE STREET ASSMT PLAT
Legal Lot Number	1
Jurisdiction	DU PAGE IL
Minor Civil Division	ADDISON
Census Blockgroup	1
Census Block	1027
Census Tract	840104

Owner

Source: DuPage County records · APN 03-28-212-031

Assessment roll updated August 17, 2026 · Last verified August 2026

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

Owner of Record	Company Name on File
Mailing Address	240 E LAKE ST, ADDISON, IL 60101-2890
Owner Type	Owner is a Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Sep 13, 2021 · Amount on Record
Deed Sale	Sep 13, 2021 · Amount on Record
Prior Sale	Feb 20, 1997
Deed Doc Number	2021136106
Record Refreshed	Sep 20, 2026

September 2021: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	DU PAGE IL
Recording Date	Sep 13, 2021
Property Address	240 E LAKE ST, ADDISON, IL 60101-2890
Document Number	0000136106
Map Reference	DOC R78-118572
Instrument Date	Aug 24, 2021
Instrument	R2021-136106
Transaction Type	Transfer
Record Updated	Sep 28, 2021
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$1,800.00
Amount Accuracy	Rounded Values by County
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	240 E LAKE ST STE 101A, 101A, ADDISON, IL 60101-2873

Mortgage

Document Number	0000136107
Date	Sep 13, 2021
Instrument	R2021-136107

Lender

Name	ITASCA BANK & TRUST CO
Type	Bank

Agreement

Type	Stand Alone First Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

Source: DuPage County records · Assessment roll updated August 17, 2026 · Last verified August 2026

Property Jurisdictions

Type	Name
State	Illinois
Municipality	Addison Village
County	DuPage County
County Subdivision	Addison Township
Elementary School District	Addison School District 4 (PK - 08)
Secondary School District	DuPage High School District 88 (09 - 12)

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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$54,735.00 (-13.66%)	$815,367 (-9.35%) Land $384,951 Building $430,416	$2,446,101 (-9.35%) Land $1,154,853 Building $1,291,248
2024	$63,397.00 (+4.1%)	$899,491 (+8.78%) Land $356,766 Building $542,725	$2,698,473 (+8.78%) Land $1,070,298 Building $1,628,175
2022	$60,899.00	$826,890 Land $307,660 Building $519,230	$2,480,670 Land $922,980 Building $1,557,690

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, DuPage County (17043C), updated September 1, 2025 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Flood Hazard	Moderate
500-Year Floodplain	Yes
Special Flood Hazard Area	No
Nearest Special Flood Hazard Area	Zone AE, within 100 ft

Wildfire

Wildfire Risk	Low above 5% of the US · above 30% of Illinois
Wildfire Likelihood	Less than 1 in 10,000 per year
Exposure	Direct burnable vegetation at the parcel

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