505 E Kankakee River Dr, Wilmington, IL 60481 Property Records

Will County property record for 505 E Kankakee River Dr, Wilmington, IL 60481

Property Summary

Property TypeSingle Family Home
Details3 bd · built 2005
Lot Size0.14 acres (6,000 sqft)
Owner2 Individual Names on Record
Last Sale$255,000 (Nov 2024)
Tax Bill$4,716 (2025)
Deeds & MortgagesAug 2022 Mortgage
Jun 2022 Line of Credit
+ 2 more
Flood ZoneZone X (minimal risk)
APN03-17-25-110-044

Property Details

APN / Parcel Number

Primary APN03-17-25-110-044

Interior

Bedrooms3 Beds
Total Rooms6 Rooms
Stories1 Story

Exterior

Year BuiltBuilt 2005
Effective Year BuiltEffective 2005
Architectural StyleRanch
Lot Area6,000 sqft (0.14 acres)
Lot Dimensions100 ft deep x 60 ft wide
Garage TypeAttached

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemHVAC
Water SourceCommercial

Location & Zoning

Street Address505 E KANKAKEE RIVER DR
CityWILMINGTON
StateIL
Zip60481-1049
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionTRACT 2: THAT PRT OF LOTS 27 30 IN NORTHCREST, BEING A SUB OF PRT OF THE NE1/4 NW1/4 OF SEC. 25, T33N-R9E, DAF: BEG AT SD N
Legal Range09E
Legal Township33N
Legal Section25
Legal SubdivisionNORTHCREST
Legal Tract2
Legal Lot Number27,30
JurisdictionWILL IL
Township / Civil DivisionWILMINGTON
Census Block Group2
Census Block2037
Census Tract883402

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Listed AreaWithin Alternate Route 66, Wilmington to Joliet (Additional Documentation)
listed 2006 · 8 contributing resources · NRIS 06000381

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: Will County records, as of August 24, 2026

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

Owner of Record2 Individual Names on Record
Mailing Address505 E KANKAKEE RIVER DR, WILMINGTON, IL 60481-1049
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Aug 1, 2022Deed of Trust, Mortgage · Commercial Mortgage
GRUNDY BANK
Jun 7, 2022Deed of Trust, Mortgage · Line of Credit
GRUNDY BANK
Oct 24, 2019Warranty Deed, Transfer · Conventional Mortgage
GRUNDY BANK
Jan 17, 2019Intrafamily Transfer, Transfer · FHA Mortgage
THE FEDERAL SAVINGS BANK

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleNov 26, 2024 · Amount on Record
Deed SaleNov 26, 2024 · Amount on Record
Prior SaleOct 24, 2019 · Amount on Record
Deed Document Number202462726
Prior Transfer DateJan 8, 2019
Prior Transfer Doc0000003292
Record UpdatedOct 29, 2026

August 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWILL IL
Property Address505 E KANKAKEE RIVER DR, WILMINGTON, IL 60481-1049
Transaction TypeMortgage
Record UpdatedAug 10, 2022
Title CompanyFIDELITY TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address505 E KANKAKEE RIVER DR, WILMINGTON, IL 60481-1049

Mortgage

Document Number0000058473
DateAug 1, 2022
InstrumentR2022058473
Lender
NameGRUNDY BANK
TypeBank
AddressMORRIS, IL 60450
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate
Index6-Month T-Bill
Margin4
Max Rate18%

June 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWILL IL
Property Address505 E KANKAKEE RIVER DR, WILMINGTON, IL 60481-1049
Transaction TypeMortgage
Record UpdatedJun 16, 2022
Title CompanyFIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000044321
DateJun 7, 2022
InstrumentR2022044321
Lender
NameGRUNDY BANK
TypeBank
AddressMORRIS, IL 60450
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

October 2019: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionWILL IL
Recording DateOct 24, 2019
Property Address505 E KANKAKEE RIVER DR, WILMINGTON, IL 60481-1049
Document Number0000075330
Map ReferenceDOC 646750
Instrument DateOct 18, 2019
InstrumentR2019075330
Transaction TypeTransfer
Record UpdatedNov 4, 2021
Title CompanyFIDELITY TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$170.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants by the Entirety
Address505 E KANKAKEE RIVER DR, WILMINGTON, IL 60481-1049
InvestorPossibly a Property Investor

Mortgage

Document Number0000075331
DateOct 24, 2019
InstrumentR2019075331
Lender
NameGRUNDY BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueNov 1, 2049

January 2019: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionWILL IL
Recording DateJan 17, 2019
Property Address505 E KANKAKEE RIVER DR, WILMINGTON, IL 60481-1049
Document Number0000003292
Map ReferenceDOC 646750
Instrument DateJan 8, 2019
InstrumentR2019003292
Transaction TypeTransfer
Record UpdatedNov 4, 2021
Title CompanyGREATER ILLINOIS TITLE CO

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name
Address00000

Transferred To (Grantee/Buyer)

NameVerified Name
Address505 E KANKAKEE RIVER DR, WILMINGTON, IL 60481-1049

Mortgage

Document Number0000003293
DateJan 17, 2019
InstrumentR2019003293
Lender
NameTHE FEDERAL SAVINGS BANK
TypeBank
Agreement
TypeFHA Mortgage
AmountAmount Recorded
Term361 Months
DueFeb 1, 2049
Interest
Rate TypeFixed Rate
Rate5.25%

Tax Assessment & Valuation

Source: Will County assessment roll, as of August 24, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyWill County
County SubdivisionWilmington Township
MunicipalityWilmington City
Unified School DistrictWilmington Community Unit School District 209U (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$4,716.00 (+10.11%)$74,346 (+3.8%) Land $15,461 Building $58,885$223,038 (+3.8%) Land $46,383 Building $176,655
2024$71,624 (+16.56%) Land $14,895 Building $56,729$214,872 (+16.56%) Land $44,685 Building $170,187
2022$4,283.00 Homeowner's exemption$61,449 Land $12,779 Building $48,670$184,347 Land $38,337 Building $146,010

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

Source: FEMA National Flood Hazard Layer, effective June 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
Nearby Flood Claims2 (1984–1990)
Most Recent ClaimDec 1990 · river or lake flooding

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 RiskLow
lower than 80% of the US · above 71% of Illinois
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond 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 SystemWILMINGTON
serves 5,700 people · EPA ID IL1971100
Water SourceSurface water
Last State InspectionOct 2025
Lead2 ppb (2025)
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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 63 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
1,200 / 35
T-Mobile
Fixed Wireless
100 / 20

May also be available: AT&T, Verizon.

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