502 Waverly Dr, Elgin, IL 60120 Property Records

Cook County property record for 502 Waverly Dr, Elgin, IL 60120

Property Summary

Property TypeCommercial Building, Warehouse, Showroom
Details12,900 sqft · built 2001
Lot Size0.592 acres (25,788 sqft)
OwnerCompany Name on Record
Last Sale$3,250,000 (Nov 2005)
Tax Bill$53,280 (2023)
Deeds & MortgagesApr 2026 Mortgage
Flood ZoneZone X (minimal risk)
APN06-07-302-031

Property Details

APN / Parcel Number

Primary APN06-07-302-031
Alternative APN
  • 06-07-302-031-0000

Interior

Stories1 Story
Building Area12,900 sqft Gross Area

Exterior

Year BuiltBuilt 2001
Effective Year BuiltEffective 2001
Lot Area25,788 sqft (0.592 acres)

Location & Zoning

Street Address502 WAVERLY DR
CityELGIN
StateIL
Zip60120-4082
Property CategoryCommercial
Property TypeCommercial > Retail > Commercial Building, Warehouse, Showroom
Legal Range9E
Legal Township41N
Legal Section07
Legal SubdivisionHIGHFIELD PLACE
Legal Lot Number7,8
JurisdictionCOOK IL
Township / Civil DivisionHANOVER
Census Block Group1
Census Block1007
Census Tract804403

Owner

Source: Cook County records, as of May 27, 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 Address206 AMBRIANCE DR, BURR RIDGE, IL 60527-0802
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleNov 28, 2005 · Amount on Record
Deed SaleNov 28, 2005 · Amount on Record
Prior SaleOct 30, 2002 · Amount on Record
Deed Document Number200540051
Prior Transfer DateNov 4, 2005
Prior Transfer Doc0000013002
Record UpdatedOct 29, 2026

April 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Recording DateApr 20, 2026
Property Address502 WAVERLY DR, ELGIN, IL 60120-4082
Document Number0000020289
Instrument DateNov 20, 2025
Instrument202620289
Transaction TypeMortgage
Record UpdatedJul 12, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000020289,
DateApr 20, 2026
Instrument202620289
Lender
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Interest
Rate6.19%
Max Rate-1%

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionHanover Township
MunicipalityElgin City
Unified School DistrictSchool District U-46 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$286,486 (+54.78%) Land $45,129 Building $241,357$1,145,944 (+54.78%) Land $180,516 Building $965,428
2023$53,280.00 (+2.9%)
2022$51,779.00$185,098 Land $77,364 Building $107,734$740,392 Land $309,456 Building $430,936

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 11, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; 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 SystemELGIN
serves 114,797 people · EPA ID IL0894380
Water SourceSurface water
Last State InspectionAug 2025
Lead19 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting8
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 416 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Astound Broadband
Cable
1,500 / 50
T-Mobile
Fixed Wireless
100 / 20
AT&T
DSL
100 / 20

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