4012 Morrison Dr, Gurnee, IL 60031 Property Records

Lake County property record for 4012 Morrison Dr, Gurnee, IL 60031

Property Summary

Property Type	General Industrial
Details	76,000 sqft · built 1974
Lot Size	3.52 acres (153,331 sqft)
Owner	Company Name on File
Last Sale	$4,120,000 (Jun 2020)
Tax Bill	$104,886 (2025)
Deeds & Mortgages	Jul 2018 Construction Loan Jul 2020 Loan Modification + 2 more
Flood Zone	Zone X (minimal risk)
APN	`07-13-102-056`

Property Details

APN / Parcel Number

Primary APN	`07-13-102-056`
Alternative APN	`07131020010000`

Interior

Building Area	76,000 sqft Gross Area
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1974
Effective Year Built	Effective 1980
Exterior Material	Brick/Stone
Construction Type	Brick
Lot Area	153,331 sqft (3.52 acres)
Parking Spaces	1 Parking Space

Location & Zoning

Street Address	4012 MORRISON DR
City	GURNEE
State	IL
Zip	60031-1243
Property Category	Industrial
Property Type	Industrial > General Industrial
Legal Description	WAUKEGAN-GURNEE INDUSTRIAL PARK UNIT NO.4; LOT 1 & W 261.63 LOT 2
Legal Subdivision	WAUKEGAN-GURNEE INDUSTRIAL PARK UNIT NO.
Legal Lot Number	1,2
Legal Unit	4
Jurisdiction	LAKE IL
Township / Civil Division	WARREN
Census Block Group	2
Census Block	2030
Census Tract	861507

Owner

Source: Lake County assessment roll, as of April 29, 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	4012 MORRISON DR, GURNEE, IL 60031-1243
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Jul 6, 2018	Deed of Trust, Mortgage · Construction Mortgage FIRST MIDWEST BANK
Jul 10, 2020	Loan Modification, Mortgage · Line of Credit BMO HARRIS BK NA
Jun 17, 2020	Special Warranty Deed, Transfer · Commercial Mortgage BMO HARRIS BANK NA
Mar 27, 2018	Trustee's Deed, Foreclosure

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jun 17, 2020 · Amount on Record
Deed Sale	Jun 17, 2020 · Amount on Record
Prior Sale	Mar 27, 2018
Deed Document Number	20207665237
Prior Transfer Date	May 11, 2020
Prior Transfer Doc	0007665237
Record Updated	Sep 20, 2026

July 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LAKE IL
Property Address	4012 MORRISON DR, GURNEE, IL 60031-1243
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0007496123
Date	Jul 6, 2018
Instrument	7496123

Lender

Name	FIRST MIDWEST BANK
Type	Bank

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	83 Months
Due	Jun 27, 2025

July 2020: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	LAKE IL
Property Address	4012 MORRISON DR, GURNEE, IL 60031-1243
Document Number	0007672743
Instrument Date	Jul 10, 2020
Transaction Type	Mortgage
Record Updated	Jul 24, 2020
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	3908 MORRISON DR GURNEE IL 600311241, GURNEE, IL 60031-1241

Mortgage

Document Number	0007672743
Date	Jul 10, 2020
Instrument	7672743

Lender

Name	BMO HARRIS BK NA
Type	Bank
Address	111 W MONROE ST, CHICAGO, IL 60603-4096

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

June 2020: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	LAKE IL
Recording Date	Jun 17, 2020
Property Address	4012 MORRISON DR, GURNEE, IL 60031-1243
Document Number	0007665237
Map Reference	DOC 1673401
Instrument Date	May 11, 2020
Instrument	7665237
Transaction Type	Transfer
Record Updated	Mar 17, 2022
Title Company	CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$4,120.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4012 MORRISON DR, GURNEE, IL 60031-1243

Mortgage

Document Number	0007665238
Date	Jun 17, 2020
Instrument	7665238

Lender

Name	BMO HARRIS BANK NA
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	83 Months
Due	May 1, 2027

March 2018: Trustee's Deed, Foreclosure

Document Type	Trustee's Deed
Jurisdiction	LAKE IL
Recording Date	Mar 27, 2018
Property Address	4012 MORRISON DR, GURNEE, IL 60031-1243
Document Number	0007472525
Instrument Date	Mar 23, 2018
Instrument	7472525
Transaction Type	Foreclosure
Record Updated	Apr 9, 2018

Transaction

Tax	$0.00

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	9500 BRYN MAWR AVE #340 ROSEMONT IL 600185259, 340, ROSEMONT, IL 60018-5259

Tax Assessment & Valuation

Source: Lake County assessment roll, as of April 29, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Lake County
County Subdivision	Warren Township
Municipality	Gurnee Village
Elementary School District	Gurnee School District 56 (PK - 08)
Secondary School District	Warren Township High School District 121 (09 - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$104,886.00 (+0.82%)	$1,144,978 (+4.99%) Land $304,994 Building $839,984	$3,435,277 (+4.99%) Land $915,073 Building $2,520,204
2024	$104,031.00 (+4.34%)	$1,090,559 (+10.94%) Land $290,498 Building $800,061	$3,272,004 (+10.94%) Land $871,581 Building $2,400,423
2023	$99,701.00 (+14.02%)	$983,005 (+3%) Land $261,848 Building $721,157	$2,949,310 (+3%) Land $785,623 Building $2,163,687
2022	$87,445.00	$954,374 Land $254,222 Building $700,152	$2,863,408 Land $762,742 Building $2,100,666

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 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
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	1 in force

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 Risk	Not rated no burnable land within ember reach

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	GURNEE serves 30,193 people · EPA ID IL0970350
Water Source	Purchased surface water from several systems
Last State Inspection	May 2025
Lead	Under 1 ppb (2025) action level 15 ppb

Violations Reported to EPA

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.

Internet Providers

Source: FCC Broadband Data Collection, based on 86 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
AT&T Fixed Wireless · DSL in parts of the area	100 / 20

May also be available: T-Mobile USA, Verizon.

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