Lake County property record for 256 Commerce Dr, Grayslake, IL 60030
| Property Type | Commercial Building, Warehouse, Showroom |
|---|---|
| Details | 11,850 sqft · built 1996 |
| Lot Size | 0.932 acres (40,602 sqft) |
| Owner | Company Name on Record |
| Last Sale | $800,000 (Mar 2022) |
| Tax Bill | $38,041 (2024) |
| Deeds & Mortgages | Dec 2022 Mortgage Mar 2022 Sale & Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 06-36-101-008 |
| Primary APN | 06-36-101-008 |
|---|
| Units | 4 Units |
|---|---|
| Building Area | 11,850 sqft Gross Area |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1996 |
|---|---|
| Effective Year Built | Effective 1996 |
| Exterior Material | Concrete Block |
| Construction Type | Brick |
| Lot Area | 40,602 sqft (0.932 acres) |
| Parking Spaces | 1 Parking Space |
| Street Address | 256 COMMERCE DR |
|---|---|
| City | GRAYSLAKE |
| State | IL |
| Zip | 60030-7833 |
| Property Category | Commercial |
| Property Type | Commercial > Retail > Commercial Building, Warehouse, Showroom |
| Legal Description | WALDENSTROMS CENTER STREET SQUARE; LOT17 LOT 17 |
| Legal Subdivision | WALDENSTROMS CENTER STREET SQUARE |
| Legal Lot Number | 17 |
| Jurisdiction | LAKE IL |
| Township / Civil Division | AVON |
| Census Block Group | 2 |
| Census Block | 2039 |
| Census Tract | 861106 |
Source: Lake County records, as of April 29, 2026
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Owner of Record | Company Name on Record |
|---|---|
| Mailing Address | 1348 CONRAD LN, LAKE ZURICH, IL 60047-8460 |
| Owner Type | Company |
| Vesting | Limited Liability Company |
| Date | Document |
|---|---|
| Dec 16, 2022 | Deed of Trust, Mortgage · SBA Mortgage LIVE OAK BANKING COMPANY |
| Mar 17, 2022 | Warranty Deed, Transfer · Unknown LIVE OAK BANKING COMPANY |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Mar 17, 2022 · Amount on Record |
| Deed Sale | Mar 17, 2022 · Amount on Record |
| Prior Sale | Dec 8, 2016 · Amount on Record |
| Deed Document Number | 20227886592 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | LAKE IL |
| Property Address | 256 COMMERCE DR, GRAYSLAKE, IL 60030-7833 |
| Transaction Type | Mortgage |
| Record Updated | Apr 21, 2026 |
| Name | Verified Name |
|---|---|
| Address | 256 COMMERCE DR, GRAYSLAKE, IL 60030-7833 |
| Document Number | 0007949973 |
|---|---|
| Date | Dec 16, 2022 |
| Instrument | 7949973 |
| Name | LIVE OAK BANKING COMPANY |
|---|---|
| Type | Bank |
| Address | WILMINGTON, NC 28403 |
| Type | SBA Mortgage |
|---|---|
| Amount | Amount Recorded |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | LAKE IL |
| Recording Date | Mar 17, 2022 |
| Property Address | 256 COMMERCE DR, GRAYSLAKE, IL 60030-7833 |
| Document Number | 0007886592 |
| Map Reference | DOC 2788650 |
| Instrument Date | Dec 20, 2021 |
| Instrument | 7886592 |
| Transaction Type | Transfer |
| Record Updated | Apr 21, 2026 |
| Title Company | E-CHICAGO TITLE, CHICAGO TITLE |
| Amount | Amount Recorded |
|---|---|
| Tax | $800.00 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 1348 CONRAD LN, LAKE ZURICH, IL 60047-8460 |
| Document Number | 0007886593 |
|---|---|
| Date | Mar 17, 2022 |
| Instrument | 7886593 |
| Name | LIVE OAK BANKING COMPANY |
|---|---|
| Type | Bank |
| Type | Unknown |
|---|---|
| Amount | Amount Recorded |
Source: Lake County assessment roll, as of April 29, 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Lake County |
| County Subdivision | Avon Township |
| Municipality | Grayslake Village |
| Secondary School District | Grayslake Community High School District 127 (09 - 12) |
| Elementary School District | Woodland Community Consolidated School District 50 (PK - 08) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $390,591 (+10.75%) Land $185,678 Building $204,913 | $1,171,890 (+10.75%) Land $557,090 Building $614,800 | |
| 2024 | $38,041.00 (+4.79%) | $352,678 (+8.96%) Land $167,655 Building $185,023 | $1,058,140 (+8.96%) Land $503,015 Building $555,125 |
| 2023 | $36,302.00 (+30.92%) | $323,676 (+29.74%) Land $153,868 Building $169,808 | $971,125 (+29.74%) Land $461,650 Building $509,475 |
| 2022 | $27,728.00 | $249,487 Land $90,441 Building $159,046 | $748,536 Land $271,350 Building $477,186 |
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.
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 |
| Flood Insurance Cost | Premium on Record median of 11 policies |
| Nearby Flood Policies | 11 in force |
| Nearby Flood Claims | 1 (2017) |
| Claims Outside the SFHA | 1 of 1 |
| Most Recent Claim | Jul 2017 · rainfall accumulation |
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.
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.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | GRAYSLAKE serves 21,248 people · EPA ID IL0970250 |
|---|---|
| Water Source | Purchased surface water from CENTRAL LAKE COUNTY JAWA |
| Last State Inspection | Mar 2026 |
| Lead | 11 ppb (2026) action level 15 ppb |
| 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. The service area is an EPA estimate; the actual supplier may differ.
Source: FCC Broadband Data Collection, based on 219 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 DSL | 100 / 20 |
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