507 N Walnut Ave, Forreston, IL 61030 Property Records

Ogle County property record for 507 N Walnut Ave, Forreston, IL 61030

Property Summary

Property TypeSingle Family Home
Details972 sqft · built 1906
Lot Size0.587 acres (25,588 sqft)
OwnerCompany Name on File
Last Sale$57,500 (Oct 2020)
Tax Bill$1,699 (2025)
Deeds & MortgagesOct 2020 Sale & Mortgage
Jan 2020 Line of Credit
Flood ZoneZone A (high risk)
APN02-28-331-004

Property Details

APN / Parcel Number

Primary APN02-28-331-004

Interior

Stories2 Stories
Building Area972 sqft Living Area

Exterior

Year BuiltBuilt 1906
Effective Year BuiltEffective 1906
Lot Area25,588 sqft (0.587 acres)
Lot Dimensions160 ft deep x 160 ft wide

Location & Zoning

Street Address507 N WALNUT AVE
CityFORRESTON
StateIL
Zip61030-9742
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionRNG/BLK: TWP:0 SECT/LOT: LOTS 14 & 15 BLK 3 EX PT FOR HWY RAILROAD 1ST ADD VIL OF FORRESTON
Legal SubdivisionRAILROAD FIRST ADD
Legal Block3
Legal Lot Number14-15
JurisdictionOGLE IL
Township / Civil DivisionFORRESTON
Census Block Group3
Census Block3049
Census Tract960800

Owner

507 N Walnut Ave is owned by a company that bought it in October 2020.

Source: Ogle County records, as of May 19, 2026

Owner of RecordCompany Name on File
Mailing Address901 CORPORATE CENTER DR, POMONA, CA 91768-2642
Owner TypeCompany
VestingCompany

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
Oct 8, 2020Warranty Deed, Transfer · FHA Mortgage
BARRINGTON BANK & TRUST CO NA
Jan 29, 2020Deed of Trust, Mortgage · Line of Credit
NORTHWEST BK/ROCKFORD

Assessor's Deed Record

Deed NamesName on Deed
Last SaleOct 8, 2020 · Amount on File
Deed SaleOct 8, 2020 · Amount on File
Prior SaleMar 22, 2007 · Amount on File
Deed Document Number20207622
Record UpdatedJun 8, 2026

October 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionOGLE IL
Recording DateOct 8, 2020
Property Address507 N WALNUT AVE, FORRESTON, IL 61030-9742
Document Number0000007622
Map ReferenceBK A PG 124
Instrument DateOct 5, 2020
Instrument202007622
Transaction TypeTransfer
Record UpdatedJun 22, 2021
Title CompanySECURITY FIRST TITLE

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$86.25
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address507 N WALNUT AVE, FORRESTON, IL 61030-9742

Mortgage

Document Number0000007623
DateOct 8, 2020
Instrument202007623
Lender
NameBARRINGTON BANK & TRUST CO NA
TypeBank
Agreement
TypeFHA Mortgage
AmountAmount on Record
Term360 Months
DueNov 1, 2050
Interest
Rate TypeFixed Rate

January 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionOGLE IL
Property Address507 N WALNUT AVE, FORRESTON, IL 61030-9742
Document Number0000000842
Instrument DateJan 29, 2020
Transaction TypeMortgage
Record UpdatedFeb 24, 2020
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address507 N WALNUT AVE FORRESTON IL 610309742, FORRESTON, IL 61030-9742

Mortgage

Document Number0000000842
DateFeb 10, 2020
Instrument842
Lender
NameNORTHWEST BK/ROCKFORD
TypeBank
AddressROCKFORD, IL 61103
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 507 N Walnut Ave was $1,699.

Source: Ogle County assessment roll, as of April 28, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyOgle County
County SubdivisionForreston Township
MunicipalityForreston Village
Unified School DistrictForrestville Valley Community Unit School District 221 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,699.00$26,923 Land $3,724 Building $23,199$80,769 Land $11,172 Building $69,597
2023$19,873 Land $3,395 Building $16,478$59,619 Land $10,185 Building $49,434
2022$1,114.00

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 507 N Walnut Ave in Zone A, a high-risk flood area; flood insurance is required for federally backed loans.

Source: FEMA National Flood Hazard Layer, effective December 30, 2020 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone A
high risk
100-Year FloodplainYes
1% annual chance
FloodwayNo
Base Flood ElevationNot determined for this zone
Flood Insurance RequirementRequired
federally backed loans
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies2 in force

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

Wildfire risk around 507 N Walnut Ave is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 97% of the US · lower than 79% of Illinois
Wildfire LikelihoodUnder 0.01% 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 SystemFORRESTON
serves 1,338 people · EPA ID IL1410200
Water SourceGroundwater
Last State InspectionMar 2025
Lead1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

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

ProviderMax Down / Up (Mbps)
Surf Internet
Fiber
8,000 / 8,000
Frontier
Fiber
7,000 / 7,000
Xfinity
Cable
1,200 / 35
JCWIFI.com
Fixed Wireless
200 / 200
AaroBand
Fixed Wireless
100 / 50
T-Mobile
Fixed Wireless
100 / 20

Cell Coverage

5G (outdoors only) and 4G LTE

Nearby Properties on N Walnut Ave

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