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2575 Commonwealth Ave, North Chicago, IL 60064 Property Records

Lake County property record for 2575 Commonwealth Ave, North Chicago, IL 60064 · Last verified May 2026

Property Summary

Property TypeGeneral Industrial
Details5,200 sqft · built 1922
Lot Size0.287 acres (12,510 sqft)
OwnerCompany Name on File
Last Sale$125,000 (Dec 2021)
Tax Bill$4,668 (2024)
Deeds & MortgagesOct 2022 Sale & Mortgage
Dec 2021 Sale
Flood ZoneZone X (minimal risk)
APN12-05-417-005

Property Details

APN / Parcel Number

Primary APN12-05-417-005

Interior

Building Area5,200 sqft Gross Area
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1922
Effective Year BuiltEffective 1922
Exterior MaterialBrick
Construction TypeBrick
Lot Area12,510 sqft (0.287 acres)
Parking Spaces1 Parking Space

Location & Zoning

Street Address2575 COMMONWEALTH AVE
CityNORTH CHICAGO
StateIL
Zip60064
Property CategoryIndustrial
Property TypeIndustrial > General Industrial
Legal DescriptionNEIL & ALLEN COLEMAN INDUSTRAIL SUB; LOT 17
Legal SubdivisionNEIL & ALLEN COLEMAN INDUSTRAIL SUB
Legal Lot Number17
JurisdictionLAKE IL
Township / Civil DivisionSHIELDS
Census Block Group2
Census Block2045
Census Tract863100

Owner

Source: Lake County records · APN 12-05-417-005

Assessment roll updated April 29, 2026 · Last verified May 2026

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

Owner of RecordCompany Name on File
Mailing Address8601 95TH ST, PLEASANT PRAIRIE, WI 53158-2205
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
Oct 04, 2022Special Warranty Deed, Transfer · Stand-Alone First Mortgage
CORNERSTONE NATIONAL BANK
Dec 08, 2021Deed, Transfer
E-CHICAGO TITLE, CHICAGO TITLE

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleDec 08, 2021 · Amount on Record
Deed SaleDec 08, 2021 · Amount on Record
Deed Document Number20217852588
Record UpdatedJun 08, 2026

October 2022: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionLAKE IL
Recording DateOct 04, 2022
Property Address2575 COMMONWEALTH AVE, NORTH CHICAGO, IL 60064
Document Number0007936805
Map ReferenceDOC 2300941
Instrument DateSep 22, 2022
Instrument7936805
Transaction TypeTransfer
Record UpdatedOct 13, 2022
Title CompanySTEWART TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$725.00
Amount AccuracyRounded by County
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address1 CABLE PL, 1, NORTH CHICAGO, IL 60064-3332

Transferred To (Grantee/Buyer)

NameVerified Name
Address2730 CABLE PL, NORTH CHICAGO, IL 60064-3300

Mortgage

Document Number0007936806
DateOct 04, 2022
Instrument7936806
Lender
NameCORNERSTONE NATIONAL BANK
TypeBank
Agreement
TypeStand-Alone First Mortgage
AmountAmount Recorded

December 2021: Deed, Transfer

Document TypeDeed
JurisdictionLAKE IL
Recording DateDec 08, 2021
Property Address2575 COMMONWEALTH AVE, NORTH CHICAGO, IL 60064
Document Number0007852588
Map ReferenceDOC 2300941
Instrument DateNov 04, 2021
Instrument7852588
Transaction TypeTransfer
Record UpdatedAug 05, 2022
Title CompanyE-CHICAGO TITLE, CHICAGO TITLE

Transaction

AmountAmount Recorded
Tax$125.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address8601 95TH ST, PLEASANT PRAIRIE, WI 53158-2205

Tax Assessment & Valuation

Source: Lake County records · Assessment roll updated April 29, 2026 · Last verified May 2026

Property Jurisdictions

TypeName
StateIllinois
CountyLake County
County SubdivisionShields Township
MunicipalityNorth Chicago City
Unified School DistrictNorth Chicago School District 187 (PK - 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.

YearTax BillAssessed ValueAssessed Market Value
2025$39,588 (+15.97%) Land $17,067 Building $22,521$118,776 (+15.97%) Land $51,206 Building $67,570
2024$4,668.00 (+29.09%)
2023$3,616.00 (+1.63%)$34,137 (+31.2%) Land $14,717 Building $19,420$102,421 (+31.2%) Land $44,155 Building $58,266
2022$3,558.00$26,020 Land $11,218 Building $14,802$78,067 Land $33,657 Building $44,410

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Lake County (17097C), updated February 20, 2024 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 170978631002, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo
Nearby Flood Policies1 in force
Nearby Flood Claims4 (1981–2011)
Claims Outside the SFHA4 of 4
Most Recent ClaimApr 2011, rainfall accumulation

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 45 locations within about half a mile of this property

ProviderTechnologyDownload / Upload (Mbps)
XfinityCable2,000 / 250
StarlinkSatellite (low-earth orbit)280 / 30

May also be available at this address: Verizon. Availability varies by address; speeds are provider-advertised maximums, not measured.

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