502 S Westgate St, Addison, IL 60101 Property Records

DuPage County property record for 502 S Westgate St, Addison, IL 60101

Property Summary

Property TypeGeneral Industrial
Details15,600 sqft · built 1965
Lot Size0.9 acres (39,204 sqft)
OwnerCompany Name on File
Last Sale$1,465,000 (Aug 2022)
Tax Bill$37,895 (2025)
Deeds & MortgagesAug 2023 Mortgage
Aug 2022 Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN03-33-102-025

Property Details

APN / Parcel Number

Primary APN03-33-102-025

Interior

Building Area15,600 sqft Gross Area

Exterior

Year BuiltBuilt 1965
Effective Year BuiltEffective 1965
Construction TypeMasonry / Concrete Block
Lot Area39,204 sqft (0.9 acres)

Location & Zoning

Street Address502 S WESTGATE ST
CityADDISON
StateIL
Zip60101-4525
Property CategoryIndustrial
Property TypeIndustrial > General Industrial
Local Zoning CodeI
Legal DescriptionBLECKE INDUSTRIAL DIST UNIT 2
Legal SubdivisionBLECKE INDUSTRIAL DIST
Legal Lot Number55
Legal Unit2
JurisdictionDU PAGE IL
Township / Civil DivisionADDISON
Census Block Group1
Census Block1002
Census Tract846702

Owner

502 S Westgate St, an industrial property, is owned by a company that bought it in August 2022.

Source: DuPage County records, as of August 17, 2026

Owner of RecordCompany Name on File
Mailing Address330 W INTERSTATE RD, ADDISON, IL 60101-4516
Owner TypeCompany
VestingLimited Liability Partnership

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

DateDocument
Aug 29, 2023Deed of Trust, Mortgage · SBA Mortgage
SMALL BUSINESS GROWTH CORPORATION
Aug 5, 2022Deed of Trust, Mortgage · SBA Mortgage
SIGNATURE BANK
Aug 5, 2022Special Warranty Deed, Transfer
SIGNATURE BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 5, 2022 · Amount on File
Deed SaleAug 5, 2022 · Amount on File
Prior SaleSep 8, 2004 · Amount on File
Deed Document Number202274013
Prior Transfer DateMay 14, 2003
Prior Transfer Doc0000237191
Record UpdatedSep 20, 2026

August 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionDU PAGE IL
Property Address502 S WESTGATE ST, ADDISON, IL 60101-4525
Transaction TypeMortgage
Record UpdatedSep 14, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000055765
DateAug 29, 2023
InstrumentR2023-055765
Lender
NameSMALL BUSINESS GROWTH CORPORATION
TypeNon-Lending Institution
AddressSPRINGFIELD, IL 62704
Agreement
TypeSBA Mortgage
AmountAmount on Record

August 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionDU PAGE IL
Property Address502 S WESTGATE ST, ADDISON, IL 60101-4525
Transaction TypeMortgage
Record UpdatedAug 22, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000074016
DateAug 5, 2022
InstrumentR2022-074016
Lender
NameSIGNATURE BANK
TypeBank
AddressDES PLAINES, IL 60018
Agreement
TypeSBA Mortgage
AmountAmount on Record
Term12 Months
DueAug 2, 2023

August 2022: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionDU PAGE IL
Recording DateAug 5, 2022
Property Address502 S WESTGATE ST, ADDISON, IL 60101-4525
Document Number0000074013
Map ReferenceDOC 500772
Instrument DateAug 1, 2022
InstrumentR2022-074013
Transaction TypeTransfer
Record UpdatedAug 22, 2022
Title CompanyATTORNEY

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,465.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address747 S BELMONT AVE, 747, ARLINGTON HEIGHTS, IL 60005-2637

Transferred To (Grantee/Buyer)

NameVerified Name
Address502 S WESTGATE ST, ADDISON, IL 60101-4525

Mortgage

Document Number0000074014
DateAug 5, 2022
InstrumentR2022-074014
Lender
NameSIGNATURE BANK
TypeBank
AddressDES PLAINES, IL 60018
Agreement
AmountAmount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 502 S Westgate St was $37,895, up 2.8% from the year before.

Source: DuPage County assessment roll, as of August 17, 2026

Property Jurisdictions

TypeName
StateIllinois
MunicipalityAddison Village
CountyDuPage County
County SubdivisionAddison Township
Elementary School DistrictAddison School District 4 (PK - 08)
Secondary School DistrictDuPage High School District 88 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$37,895.00 (+2.77%)$564,508 (+7.9%) Land $140,907 Building $423,601$1,693,524 (+7.9%) Land $422,721 Building $1,270,803
2024$36,874.00$523,177 Land $130,590 Building $392,587$1,569,531 Land $391,770 Building $1,177,761
2022$31,626.00$429,420 Land $112,620 Building $316,800$1,288,260 Land $337,860 Building $950,400

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

FEMA maps place 502 S Westgate St in Zone X, an area of minimal flood risk, though there have been 8 flood claims nearby since 1978.

Source: FEMA National Flood Hazard Layer, effective September 1, 2025 · 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 Policies1 in force
Nearby Flood Claims8 (1978–1987)
Claims Outside the SFHA7 of 8
Most Recent ClaimAug 1987 · Severe Storms & Flooding
Claims by Event
  • Severe Storms & Flooding, Aug 1987 · 3 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 502 S Westgate St 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 SystemADDISON
serves 38,017 people · EPA ID IL0430050
Water SourcePurchased surface water from DU PAGE WATER COMMISSION
Last State InspectionJan 2024
Lead2 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
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 226 locations within half a mile, as of December 31, 2025

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

May also be available: T-Mobile, Verizon.

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