505 Lyon Dr, Buffalo Grove, IL 60089 Property Records

Lake County property record for 505 Lyon Dr, Buffalo Grove, IL 60089

Property Summary

Property TypeSingle Family Home
Details3 bd · 2 ba · 1,243 sqft · built 1984
Lot Size1.11 acres (48,452 sqft)
Owner2 Individual Names on Record
Last Sale$357,000 (Sep 2025)
Tax Bill$9,606 (2024)
Deeds & MortgagesAug 2024 Line of Credit
Sep 2025 Sale & Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN15-29-216-024

Property Details

APN / Parcel Number

Primary APN15-29-216-024

Interior

Bedrooms3 Beds
Full Baths2 Baths
Total Rooms6 Rooms
Stories1 Story
Building Area1,243 sqft Living Area
Gross Area1,463 sqft
1st Floor Area1,243 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1984
Effective Year BuiltEffective 1984
Architectural StyleDuplex Single
Lot Area48,452 sqft (1.11 acres)
Garage TypeAttached
Garage Area220 sqft
Parking Spaces1 Parking Space

Exterior Amenities

PorchOpen Porch
Porch Area18 sqft
Deck AreaDeck Area
Patio Area144 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Water SourceCommercial

Location & Zoning

Street Address505 LYON DR
CityBUFFALO GROVE
StateIL
Zip60089-1044
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionTHE VILLAS OF BUFFALO CREEK UNIT TWO LOT 172
Legal SubdivisionTHE VILLAS OF BUFFALO CREEK UNIT TWO
Legal Lot Number172
Legal Unit2
JurisdictionLAKE IL
Township / Civil DivisionVERNON
Census Block Group4
Census Block4002
Census Tract864518

Owner

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 Record2 Individual Names on Record
Mailing Address7 BUCKINGHAM LN, BUFFALO GROVE, IL 60089-1709
Owner TypeIndividual
VestingJoint Tenants

Deeds, Mortgages & Sale History

DateDocument
Aug 23, 2024Deed of Trust, Mortgage · Line of Credit
FIGURE LENDING LLC
Sep 4, 2025Warranty Deed, Transfer · Conventional Mortgage
SMART RATE LENDING LLC
Oct 30, 2020Warranty Deed, Transfer · Conventional Mortgage
LOANDEPOT.COM LLC

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleSep 4, 2025 · Amount on Record
Deed SaleSep 4, 2025 · Amount on Record
Prior SaleOct 30, 2020 · Amount on Record
Deed Document Number20258119217
Prior Transfer DateApr 1, 1999
Prior Transfer Doc0004365179
Record UpdatedJun 8, 2026

August 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address505 LYON DR, BUFFALO GROVE, IL 60089-1044
Transaction TypeMortgage
Record UpdatedOct 14, 2025

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0008052376
DateAug 23, 2024
Instrument8052376
Lender
NameFIGURE LENDING LLC
TypeMortgage Company
AddressCHARLOTTE, NC 28202
Agreement
TypeLine of Credit
AmountAmount Recorded
Term360 Months
DueAug 22, 2054
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

September 2025: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionLAKE IL
Recording DateSep 4, 2025
Property Address505 LYON DR, BUFFALO GROVE, IL 60089-1044
Document Number0008119217
Map ReferenceDOC 1990529
Instrument DateAug 18, 2025
Instrument8119217
Transaction TypeTransfer
Record UpdatedOct 14, 2025
Title CompanyFIRST AMERICAN TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$357.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address505 LYON DR, BUFFALO GROVE, IL 60089-1044

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants
Address505 LYON DR, BUFFALO GROVE, IL 60089-1044

Mortgage

Document Number0008119218
DateSep 4, 2025
Instrument8119218
Lender
NameSMART RATE LENDING LLC
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueSep 1, 2055
Interest
Rate TypeFixed Rate
Rate7.12%

October 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionLAKE IL
Recording DateOct 30, 2020
Property Address505 LYON DR, BUFFALO GROVE, IL 60089-1044
Document Number0007711157
Map ReferenceDOC 1990529
Instrument DateAug 26, 2020
Instrument7711157
Transaction TypeTransfer
Record UpdatedAug 5, 2022
Title CompanyCHICAGO TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$253.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address505 LYON DR, BUFFALO GROVE, IL 60089-1044

Mortgage

Document Number0007711158
DateOct 30, 2020
Instrument7711158
Lender
NameLOANDEPOT.COM LLC
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term179 Months
DueSep 1, 2035
Interest
Rate2.62%

Tax Assessment & Valuation

Source: Lake County assessment roll, as of April 29, 2026

Property Jurisdictions

TypeName
StateIllinois
MunicipalityBuffalo Grove Village
CountyLake County
County SubdivisionVernon Township
Elementary School DistrictKildeer Countryside Community Consolidated School District 96 (PK - 08)
Secondary School DistrictAdlai E. Stevenson High School District 125 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$102,367 (+6.08%) Land $32,664 Building $69,703$307,132 (+6.08%) Land $98,002 Building $209,130
2024$9,606.00 (+6.65%)$96,500 (+5.98%) Land $30,792 Building $65,708$289,529 (+5.98%) Land $92,385 Building $197,144
2023$9,007.00 (+3.89%)$91,055 (+5.41%) Land $29,055 Building $62,000$273,193 (+5.41%) Land $87,174 Building $186,019
2022$8,670.00$86,382 Land $27,564 Building $58,818$259,172 Land $82,700 Building $176,472

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 February 20, 2024

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
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 SystemBUFFALO GROVE
serves 43,212 people · EPA ID IL0314180
Water SourcePurchased surface water from several systems
Last State InspectionApr 2025
Lead1 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting3
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 395 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless · DSL
100 / 20

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