Lake County property record for 501 Basil Rd, Lake Bluff, IL 60044
| Property Type | Commercial Building, Warehouse, Showroom |
|---|---|
| Details | 62,964 sqft · built 1964 |
| Lot Size | 2.2 acres (95,832 sqft) |
| Owner | 2 Company Names on Record |
| Last Sale | $2,350,000 (Dec 2023) |
| Tax Bill | $37,257 (2024) |
| Deeds & Mortgages | Dec 2023 Sale Jan 2019 Mortgage + 1 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 12-19-201-008 |
| Primary APN | 12-19-201-008 |
|---|
| Units | 7 Units |
|---|---|
| Building Area | 62,964 sqft Gross Area |
| Basement Area | 6,996 sqft |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1964 |
|---|---|
| Effective Year Built | Effective 1964 |
| Exterior Material | Brick |
| Construction Type | Brick |
| Lot Area | 95,832 sqft (2.2 acres) |
| Parking Spaces | 1 Parking Space |
| Total Buildings | 4 Buildings |
| Street Address | 501 BASIL RD |
|---|---|
| City | LAKE BLUFF |
| State | IL |
| Zip | 60044-1761 |
| Property Category | Commercial |
| Property Type | Commercial > Retail > Commercial Building, Warehouse, Showroom |
| Legal Description | BASILWOOD SUB. LOT 8 |
| Legal Subdivision | BASILWOOD SUB. |
| Legal Lot Number | 8 |
| Jurisdiction | LAKE IL |
| Township / Civil Division | SHIELDS |
| Census Block Group | 2 |
| Census Block | 2007 |
| Census Tract | 863202 |
Source: Lake County records, 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 | 2 Company Names on Record |
|---|---|
| Mailing Address | 357 W CHICAGO AVE, 100, CHICAGO, IL 60654-7587 |
| Owner Type | Company |
| Vesting | Limited Liability Partnership |
| Date | Document |
|---|---|
| Dec 15, 2023 | Special Warranty Deed, Transfer ATTORNEY ONLY, ATTORNEY |
| Jan 3, 2019 | Deed of Trust, Mortgage · Commercial Mortgage AXOS BANK |
| Feb 19, 2021 | Executor's Deed, Transfer · Commercial Mortgage AXOS BANK |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Dec 15, 2023 · Amount on Record |
| Deed Sale | Dec 15, 2023 · Amount on Record |
| Prior Sale | Feb 19, 2021 · Amount on Record |
| Deed Document Number | 20238010629 |
| Record Updated | Jun 8, 2026 |
| Document Type | Special Warranty Deed |
|---|---|
| Jurisdiction | LAKE IL |
| Recording Date | Dec 15, 2023 |
| Property Address | 501 BASIL RD, LAKE BLUFF, IL 60044-1761 |
| Document Number | 0008010629 |
| Map Reference | DOC 1037778 |
| Instrument Date | Dec 8, 2023 |
| Instrument | 8010629 |
| Transaction Type | Transfer |
| Record Updated | Dec 26, 2023 |
| Title Company | ATTORNEY ONLY, ATTORNEY |
| Amount | Amount Recorded |
|---|---|
| Tax | $2,350.00 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 222 S MORGAN ST # ST4D, ST4D, CHICAGO, IL 60607-3072 |
| Name | Verified Name |
|---|---|
| Address | 357 W CHICAGO AVE # 100, 100, CHICAGO, IL 60654-7587 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | LAKE IL |
| Property Address | 501 BASIL RD, LAKE BLUFF, IL 60044-1761 |
| Transaction Type | Mortgage |
| Record Updated | Apr 8, 2021 |
| Title Company | NEAR NORTH NATIONAL TITLE |
| Name | Verified Name |
|---|---|
| Address | 222 S MORGAN ST 4D, 4D, CHICAGO, IL 60607-3733 |
| Document Number | 0007535485 |
|---|---|
| Date | Jan 3, 2019 |
| Instrument | 7535485 |
| Name | AXOS BANK |
|---|---|
| Type | Bank |
| Address | SAN DIEGO, CA 92122 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 60 Months |
| Due | Jan 2, 2024 |
| Document Type | Executor's Deed |
|---|---|
| Jurisdiction | LAKE IL |
| Recording Date | Feb 19, 2021 |
| Property Address | 501 BASIL RD, LAKE BLUFF, IL 60044-1761 |
| Document Number | 0007752047 |
| Map Reference | DOC 1080888 |
| Instrument Date | Dec 15, 2020 |
| Instrument | 7752047 |
| Transaction Type | Transfer |
| Record Updated | Mar 17, 2022 |
| Title Company | NEAR NORTH TITLE GROUP |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $1,567.50 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 222 S MORGAN ST STE 4D, 4D, CHICAGO, IL 60607-3733 |
| Document Number | 0007752048 |
|---|---|
| Date | Feb 19, 2021 |
| Instrument | 7752048 |
| Name | AXOS BANK |
|---|---|
| Type | Bank |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
Source: Lake County assessment roll, as of April 29, 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Lake County |
| County Subdivision | Shields Township |
| Elementary School District | Lake Bluff Elementary School District 65 (KG - 08) |
| Secondary School District | Lake Forest Community High School District 115 (09 - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $596,128 (+15.97%) Land $124,402 Building $471,726 | $1,788,563 (+15.97%) Land $373,243 Building $1,415,320 | |
| 2024 | $37,257.00 (+9.68%) | ||
| 2023 | $33,968.00 | $514,039 (+3.95%) Land $107,271 Building $406,768 | $1,542,271 (+3.95%) Land $321,845 Building $1,220,426 |
| 2022 | $494,517 Land $103,197 Building $391,320 | $1,483,699 Land $309,622 Building $1,174,077 |
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 |
| Community Rating System | Class 6 (20% premium discount) |
| Nearby Flood Policies | 1 in force |
| Nearby Flood Claims | 4 (2017) |
| Claims Outside the SFHA | 4 of 4 |
| 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 | Low lower than 80% of the US · above 71% of Illinois |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | Direct burnable vegetation |
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 | LAKE BLUFF serves 5,600 people · EPA ID IL0970750 |
|---|---|
| Water Source | Purchased surface water from several systems |
| Last State Inspection | Jul 2024 |
| Lead | 5 ppb (2026) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 3 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 248 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 Fixed Wireless · DSL · Fiber in parts of the area | 100 / 20 |
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