507 Old Walnut Cir, Gurnee, IL 60031 Property Records

Lake County property record for 507 Old Walnut Cir, Gurnee, IL 60031

Property Summary

Property TypeSingle Family Home
Details4 bd · 3.5 ba · 3,750 sqft · built 1998
Lot Size0.23 acres (10,019 sqft)
OwnerIndividual Name on File
Last Sale$475,000 (Feb 2023)
Tax Bill$14,988 (2024)
Deeds & MortgagesNov 2021 Mortgage
Feb 2023 Mortgage
+ 2 more
Flood ZoneZone X (minimal risk)
APN07-19-212-009

Property Details

APN / Parcel Number

Primary APN07-19-212-009

Interior

Bedrooms4 Beds
Full Baths3.5 Baths
Half Baths1 Half Bath
Plumbing Fixtures14 Plumbing Fixtures
Stories2 Stories
Building Area3,750 sqft Living Area
Gross Area6,129 sqft
1st Floor Area1,911 sqft
2nd Floor Area1,839 sqft
Upper Floors Area2,005 sqft
Basement Area1,911 sqft
Game RoomGame Room
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1998
Effective Year BuiltEffective 1998
Architectural StyleConventional
Exterior MaterialWood Siding
Construction TypeFrame
Roof MaterialComposition Shingle
Lot Area10,019 sqft (0.23 acres)
Garage TypeAttached
Garage Area468 sqft
Parking Spaces2 Parking Spaces
PorchOpen Porch
Porch Area95 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C

Location & Zoning

Street Address507 OLD WALNUT CIR
CityGURNEE
StateIL
Zip60031-5332
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionTIMBERWOODS UNIT 1; LOT 103
Legal SubdivisionTIMBERWOODS UNIT 1
Legal Lot Number103
Legal Unit1
JurisdictionLAKE IL
Township / Civil DivisionWARREN
Census Block Group2
Census Block2008
Census Tract861611

Owner

507 Old Walnut Cir is owned and occupied by an individual who bought it in February 2023.

Source: Lake County records, as of April 29, 2026

Owner of RecordIndividual Name on File
Mailing Address507 OLD WALNUT CIR, GURNEE, IL 60031-5332
OccupancyOwner Occupied
Owner TypeIndividual

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
Nov 4, 2021Deed of Trust, Mortgage · Conventional Mortgage
GUARANTEED RATE INC
Feb 9, 2023Deed of Trust, Mortgage · Conventional Mortgage
AMERICAN PACIFIC MORTGAGE CORP
May 29, 2020Deed of Trust, Mortgage · Conventional Mortgage
EDUCATORS CU
Dec 17, 2018Warranty Deed, Transfer · Conventional Mortgage
EDUCATORS CU

Assessor's Deed Record

Deed NamesName on Deed
Last SaleFeb 9, 2023 · Amount on File
Deed SaleFeb 9, 2023 · Amount on File
Prior SaleDec 17, 2018 · Amount on File
Deed Document Number20237957753
Record UpdatedOct 29, 2026

November 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address507 OLD WALNUT CIR, GURNEE, IL 60031-5332
Transaction TypeMortgage
Record UpdatedApr 2, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0007840995
DateNov 4, 2021
Instrument7840995
Lender
NameGUARANTEED RATE INC
TypeMortgage Company
AddressCHICAGO, IL 60613
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term238 Months
DueSep 1, 2041
Interest
Rate TypeFixed Rate
Rate2.87%

February 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address507 OLD WALNUT CIR, GURNEE, IL 60031-5332
Transaction TypeMortgage
Record UpdatedApr 2, 2026
Title CompanyCITYWIDE TITLE CORPORATION

Transferred To (Grantee/Buyer)

NameVerified Name
Address33580 N ROYAL OAK LN 102, 102, GAGES LAKE, IL 60030-2815

Mortgage

Document Number0007957754
DateFeb 9, 2023
Instrument7957754
Lender
NameAMERICAN PACIFIC MORTGAGE CORP
TypeMortgage Company
AddressROSEVILLE, CA 95661
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueFeb 1, 2053
Interest
Rate TypeFixed Rate
Rate6.62%

May 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address507 OLD WALNUT CIR, GURNEE, IL 60031-5332
Document Number0007663670
Instrument DateMay 29, 2020
Transaction TypeMortgage
Record UpdatedJun 25, 2020
Title CompanyOTHER

Transferred To (Grantee/Buyer)

NameVerified Name
Address507 OLD WALNUT CIR GURNEE IL 600315332, GURNEE, IL 60031-5332

Mortgage

Document Number0007663670
DateJun 11, 2020
Instrument7663670
Lender
NameEDUCATORS CU
TypeCredit Union
AddressJANESVILLE, WI 53545
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term240 Months
DueJun 10, 2040
Interest
Rate TypeFixed Rate

December 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionLAKE IL
Recording DateDec 17, 2018
Property Address507 OLD WALNUT CIR, GURNEE, IL 60031-5332
Document Number0007532361
Instrument DateNov 27, 2018
Instrument7532361
Transaction TypeTransfer
Record UpdatedJan 7, 2019
Title CompanyCITYWIDE TITLE CORPORATION, CITYWIDE TITLE CORP

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$628.50
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address4823 N IDLEWILD AVE WHITEFISH BAY WI 532175958, WHITEFISH BAY, WI 53217-5958

Mortgage

Document Number7532362
DateDec 17, 2018
Instrument7532362
Lender
NameEDUCATORS CU
TypeCredit Union
AddressPLEASANT, WI 53177
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueDec 16, 2048
Interest
Rate TypeAdjustable Rate
Rate3.5%

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyLake County
County SubdivisionWarren Township
MunicipalityGurnee Village
Secondary School DistrictWarren Township High School District 121 (09 - 12)
Elementary School DistrictWoodland Community Consolidated School District 50 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$188,280 Land $25,757 Building $162,523$564,897 Land $77,279 Building $487,618
2024$14,988.00 (+7.55%)
2023$13,936.00 (+10.58%)$156,952 (+5.35%) Land $21,472 Building $135,480$470,903 (+5.35%) Land $64,422 Building $406,481
2022$12,603.00$148,979 Land $21,478 Building $127,501$446,981 Land $64,440 Building $382,541

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 Old Walnut Cir in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective February 20, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies3 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

The area around 507 Old Walnut Cir 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 SystemGURNEE
serves 30,193 people · EPA ID IL0970350
Water SourcePurchased surface water from several systems
Last State InspectionMay 2025
LeadUnder 1 ppb (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.

Internet Providers

Source: FCC Broadband Data Collection, based on 261 locations within half a mile, as of December 31, 2025

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

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