498 Commerce Dr, Schaumburg, IL 60173 Property Records

Cook County property record for 498 Commerce Dr, Schaumburg, IL 60173

Property Summary

Property TypeCommercial
Details19,476 sqft · built 1991
Lot Size2.41 acres (104,980 sqft)
OwnerCompany Name on File
Tax Bill$198,698 (2023)
Flood ZoneZone X (minimal risk)
APN07-11-100-009

Property Details

APN / Parcel Number

Primary APN07-11-100-009
Alternative APN
  • 07-11-100-009-0000

Interior

Building Area19,476 sqft Gross Area

Exterior

Year BuiltBuilt 1991
Effective Year BuiltEffective 1991
Lot Area104,980 sqft

Location & Zoning

Street Address498 COMMERCE DR
CitySCHAUMBURG
StateIL
Zip60173-5304
Property CategoryCommercial
Property TypeCommercial > Retail
Legal Range10E
Legal Township41N
Legal Section11
JurisdictionCOOK IL
Township / Civil DivisionSCHAUMBURG
Census Block Group1
Census Block1017
Census Tract804603

Owner

498 Commerce Dr, a commercial property, is owned by a company.

Source: Cook County records, as of May 27, 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 RecordCompany Name on File
Mailing AddressPO BOX 1227, WESTWOOD, NJ 07675-1227
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedSep 20, 2026

Tax Assessment & Valuation

Source: Cook County assessment roll, as of May 27, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionSchaumburg Township
MunicipalitySchaumburg Village
Secondary School DistrictTownship High School District 211 (09 - 12)
Elementary School DistrictSchaumburg Community Consolidated School District 54 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$920,750 Land $261,940 Building $658,810$3,683,000 Land $1,047,760 Building $2,635,240
2023$198,698.00 (+3.12%)
2022$192,681.00$709,323 Land $314,328 Building $394,995$2,837,292 Land $1,257,312 Building $1,579,980

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 498 Commerce Dr in Zone X, an area of minimal flood risk, though there have been 9 flood claims nearby since 1982.

Source: FEMA National Flood Hazard Layer, effective February 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies5 in force
Nearby Flood Claims9 (1982–2017)
Claims Outside the SFHA2 of 9
Most Recent ClaimApr 2017
Claims by Event
  • Severe Storms & Flooding, Aug 1987 · 7 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 498 Commerce Dr 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 RiskNot 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 SystemSCHAUMBURG
serves 75,750 people · EPA ID IL0314890
Water SourcePurchased surface water from NORTHWEST SUBURBAN MUNICIPAL JAWA
Last State InspectionMar 2025
LeadUnder 1 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting3
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 8 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
AT&T
Fixed Wireless
100 / 20

Nearby Properties on Commerce Dr

Nearby Streets

Search Property Records by Address or Parcel Number