501 Gladiolus St, Momence, IL 60954 Property Records

Kankakee County property record for 501 Gladiolus St, Momence, IL 60954

Property Summary

Property TypeCommercial
Lot Size8.54 acres (372,002 sqft)
OwnerCompany Name on Record
Last Sale$17,500,000 (Apr 2024)
Tax Bill$161,209 (2025)
Deeds & MortgagesApr 2024 Sale & Mortgage
Nov 2021 Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN06-10-24-400-005

Property Details

APN / Parcel Number

Primary APN06-10-24-400-005

Exterior

Lot Area372,002 sqft (8.54 acres)

Location & Zoning

Street Address501 GLADIOLUS ST
CityMOMENCE
StateIL
Zip60954-1715
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionEH EH SEQ BAL 8.54AC 24-31-13E
Legal SubdivisionMANUFACTURERSS ADD
JurisdictionKANKAKEE IL
Township / Civil DivisionGANEER
Census Block Group4
Census Block4031
Census Tract10800

Owner

Source: Kankakee County records, as of August 18, 2026

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

Owner of RecordCompany Name on Record
Mailing Address501 GLADIOLUS ST, MOMENCE, IL 60954-1715
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Apr 4, 2024Special Warranty Deed, Transfer · Commercial Mortgage
TRUSTONE FINANCIAL FCU
Nov 17, 2021Deed of Trust, Mortgage · Commercial Mortgage
CIT NORTHBRIDGE CREDIT LLC
Jan 14, 2021Deed of Trust, Mortgage · Commercial Mortgage
6TH ST SPECIALTY LENDING INC

Assessor's Deed Record

Deed NamesName on Deed
Last SaleApr 4, 2024 · Amount on Record
Deed SaleApr 4, 2024 · Amount on Record
Deed Document Number20242798
Record UpdatedSep 20, 2026

April 2024: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionKANKAKEE IL
Recording DateApr 4, 2024
Property Address501 GLADIOLUS ST, MOMENCE, IL 60954-1715
Document Number0202402798
Instrument DateMar 28, 2024
Instrument202402798
Transaction TypeTransfer
Record UpdatedApr 24, 2024

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$26,250.00
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address2810 COLISEUM DR STE 300300, 300300, CHARLOTTE, NC 28217

Transferred To (Grantee/Buyer)

NameVerified Name
Address501 GLADIOLUS ST, MOMENCE, IL 60954-1715

Mortgage

Document Number0202402799
DateApr 4, 2024
Instrument202402799
Lender
NameTRUSTONE FINANCIAL FCU
TypeCredit Union
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term119 Months
DueMar 29, 2034

November 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionKANKAKEE IL
Property Address501 GLADIOLUS ST, MOMENCE, IL 60954-1715
Transaction TypeMortgage
Record UpdatedDec 8, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number202116175
DateNov 17, 2021
Instrument202116175
Lender
NameCIT NORTHBRIDGE CREDIT LLC
TypeFunding / Finance Company
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term36 Months
DueNov 2, 2024
Interest
Rate TypeFixed Rate

January 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionKANKAKEE IL
Property Address501 GLADIOLUS ST, MOMENCE, IL 60954-1715
Transaction TypeMortgage
Record UpdatedFeb 23, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number202100602
DateJan 14, 2021
Instrument202100602
Lender
Name6TH ST SPECIALTY LENDING INC
TypeFunding / Finance Company
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term60 Months
DueNov 25, 2025
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

Source: Kankakee County assessment roll, as of April 7, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyKankakee County
County SubdivisionGaneer Township
MunicipalityMomence City
Unified School DistrictMomence Community Unit School District 1 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$161,209.00 (+73.91%)$2,212,652 (+104.16%) Land $46,202 Building $2,166,450$6,637,956 (+104.16%) Land $138,606 Building $6,499,350
2024$92,699.00 (+4.96%)
2023$1,083,801 Land $46,202 Building $1,037,599$3,251,403 Land $138,606 Building $3,112,797
2022$88,318.00

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

Flood

Source: FEMA National Flood Hazard Layer, effective February 14, 2019 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies7 in force
Nearby Flood Claims8 (1979–2004)
Claims Outside the SFHA6 of 8
Most Recent ClaimJun 2004 · 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.

Wildfire

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 SystemMOMENCE
serves 3,075 people · EPA ID IL0910650
Water SourceGroundwater
Last State InspectionMar 2025
Lead3 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
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 70 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Surf Internet
Fiber
8,000 / 8,000
Mediacom Xtream
Cable
1,000 / 50
Verizon
Fixed Wireless
300 / 20
Bertram Communications
Fixed Wireless
100 / 20
T-Mobile
Fixed Wireless
100 / 20

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