488 Lincoln Ave, Elgin, IL 60120 Property Records

Kane County property record for 488 Lincoln Ave, Elgin, IL 60120

Property Summary

Property Type	Commercial
Details	6,801 sqft · built 1961
Lot Size	0.161 acres (7,013 sqft)
Owner	Company Name on File
Last Sale	$670,000 (Aug 2025)
Tax Bill	$9,431 (2025)
Deeds & Mortgages	Sep 2017 Mortgage Jun 2019 Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`06-12-259-004`

Property Details

APN / Parcel Number

Primary APN	`06-12-259-004`

Interior

Building Area	6,801 sqft Gross Area

Exterior

Year Built	Built 1961
Lot Area	7,013 sqft (0.161 acres)
Lot Width	63 ft Width

Location & Zoning

Street Address	488 LINCOLN AVE
City	ELGIN
State	IL
Zip	60120-3041
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	MCBRIDES HEIRS 2ND ADDN EXCEPT EAST 67 FT LOT 4 BLOCK 3
Legal Subdivision	MCBRIDES HEIRS 2ND ADDN
Legal Block	3
Legal Lot Number	4
Jurisdiction	KANE IL
Township / Civil Division	ELGIN
Census Block Group	3
Census Block	3018
Census Tract	850800

Owner

488 Lincoln Ave, a commercial property, is owned by a company that bought it in August 2025.

Source: Kane County records, as of September 22, 2026

Owner of Record	Company Name on File
Mailing Address	750 WEDGEWOOD CIR, LAKE IN THE HILLS, IL 60156-6263
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Sep 29, 2017	Deed of Trust, Mortgage · Commercial Mortgage TBK BANK SSB
Jun 18, 2019	Deed of Trust, Mortgage · Commercial Mortgage TBK BANK SSB
May 8, 2019	Quit Claim Deed, Transfer ATTORNEY ONLY
Jan 22, 2019	Quit Claim Deed, Transfer ATTORNEY ONLY
Sep 12, 2018	Loan Modification, Mortgage TBK BK SSB

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 20, 2025 · Amount on File
Deed Sale	Aug 20, 2025 · Amount on File
Prior Sale	Aug 5, 2005 · Amount on File
Deed Document Number	202531749
Prior Transfer Date	Apr 30, 2019
Prior Transfer Doc	0000018375
Record Updated	Oct 29, 2026

September 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	488 LINCOLN AVE, ELGIN, IL 60120-3041
Transaction Type	Mortgage
Record Updated	Aug 5, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000051419
Date	Sep 29, 2017
Instrument	2017K051419

Lender

Name	TBK BANK SSB
Type	Bank
Address	ELGIN, IL 60124

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

June 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	488 LINCOLN AVE, ELGIN, IL 60120-3041
Transaction Type	Mortgage
Record Updated	Aug 5, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000025348
Date	Jun 18, 2019
Instrument	2019K025348

Lender

Name	TBK BANK SSB
Type	Bank
Address	ELGIN, IL 60124

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

May 2019: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	KANE IL
Recording Date	May 8, 2019
Property Address	488 LINCOLN AVE, ELGIN, IL 60120-3041
Document Number	0000018375
Instrument Date	Apr 30, 2019
Instrument	18375
Transaction Type	Transfer
Record Updated	Nov 18, 2020
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Quitclaim Intrafamily Transfer Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Revocable Trust
Address	805 DUNDEE AVE ELGIN IL 601203035, ELGIN, IL 60120-3035

January 2019: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	KANE IL
Recording Date	Jan 22, 2019
Property Address	488 LINCOLN AVE, ELGIN, IL 60120-3041
Document Number	0000002791
Instrument Date	Jan 16, 2019
Instrument	2791
Transaction Type	Transfer
Record Updated	Jan 30, 2019
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Revocable Trust
Address	805 DUNDEE AVE ELGIN IL 601203035, ELGIN, IL 60120-3035

September 2018: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	KANE IL
Property Address	488 LINCOLN AVE, ELGIN, IL 60120-3041
Document Number	0000044916
Instrument Date	Sep 12, 2018
Transaction Type	Mortgage
Record Updated	Sep 24, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	306 GLENSHANE PASS BEAR DE 197011977, BEAR, DE 19701-1977

Mortgage

Document Number	0000044916
Date	Sep 13, 2018
Instrument	44916

Lender

Name	TBK BK SSB
Address	ELGIN, IL 60124

Agreement

Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 488 Lincoln Ave was $9,431.

Source: Kane County assessment roll, as of July 23, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Kane County
County Subdivision	Elgin Township
Municipality	Elgin City
Unified School District	School District U-46 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$9,431.00	$123,622 (+8.57%) Land $31,948 Building $91,674	$371,014 (+8.57%) Land $95,882 Building $275,132
2024		$113,864 Land $29,426 Building $84,438	$341,729 Land $88,313 Building $253,415
2022	$8,133.00 (+3.96%)	$93,797 (+6.96%) Land $24,240 Building $69,557	$281,391 (+6.96%) Land $72,720 Building $208,671
2021	$7,823.00	$87,694 Land $22,663 Building $65,031	$263,082 Land $67,989 Building $195,093

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 488 Lincoln Ave in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 2007.

Source: FEMA National Flood Hazard Layer, effective October 8, 2026 · 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
Nearby Flood Claims	2 (2007–2008)
Most Recent Claim	Sep 2008 · Severe Storms And Flooding
Claims by Event	Severe Storms And Flooding, Sep 2008 · 2 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

The area around 488 Lincoln Ave has no burnable land within ember reach, so its wildfire risk is not rated.

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.

Drinking Water

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

Water System	ELGIN serves 114,797 people · EPA ID IL0894380
Water Source	Surface water
Last State Inspection	Aug 2025
Lead	19 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	8 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 587 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Astound Broadband Cable	1,500 / 50
AT&T DSL · Fixed Wireless in parts of the area	100 / 20

May also be available: T-Mobile.

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