514 Douglas Ave, Waukegan, IL 60085 Property Records

Lake County property record for 514 Douglas Ave, Waukegan, IL 60085

Property Summary

Property Type	Commercial Building, Warehouse, Showroom
Details	15 bd · 5 ba · 22,776 sqft · built 1925
Lot Size	0.146 acres (6,351 sqft)
Owner	Company Name on File
Last Sale	$350,000 (Apr 2012)
Tax Bill	$10,587 (2024)
Deeds & Mortgages	Jun 2022 Mortgage Jun 2018 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`08-16-307-006`

Property Details

APN / Parcel Number

Primary APN	`08-16-307-006`

Interior

Bedrooms	15 Beds
Full Baths	5 Baths
Units	5 Units
Stories	2 Stories
Building Area	22,776 sqft Gross Area
1st Floor Area	3,248 sqft
Upper Floors Area	3,248 sqft
Basement Area	6,496 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1925
Effective Year Built	Effective 1925
Architectural Style	Multi-Family
Exterior Material	Wood Siding
Construction Type	Frame
Roof Material	Composition Shingle
Lot Area	6,351 sqft (0.146 acres)
Parking Spaces	1 Parking Space
Porch	Enclosed Porch
Porch Area	120 sqft
Total Buildings	2 Buildings

Utilities, Heating & Cooling

Cooling System	None
Heating System	Forced Air with A/C

Location & Zoning

Street Address	514 DOUGLAS AVE
City	WAUKEGAN
State	IL
Zip	60085-2914
Property Category	Commercial
Property Type	Commercial > Retail > Commercial Building, Warehouse, Showroom
Legal Description	LYONDALE LOT 7 BLOCK 1
Legal Subdivision	LYONDALE
Legal Block	1
Legal Lot Number	7
Jurisdiction	LAKE IL
Township / Civil Division	WAUKEGAN
Census Block Group	3
Census Block	3000
Census Tract	862100

Owner

514 Douglas Ave, a commercial property, is owned by a company that bought it in April 2012.

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

Owner of Record	Company Name on File
Mailing Address	522 N SHERIDAN RD, 2, WAUKEGAN, IL 60085-4021
Owner Type	Company
Vesting	Company

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

Date	Document
Jun 1, 2022	Deed of Trust, Mortgage · Commercial Mortgage BANK OF PONTIAC
Jun 7, 2018	Deed of Trust, Mortgage · Line of Credit FIRST BK/HIGHLAND PARK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 24, 2012 · Amount on File
Deed Sale	Apr 24, 2012 · Amount on File
Prior Sale	Apr 24, 2012
Deed Document Number	20126884724
Record Updated	Oct 29, 2026

June 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LAKE IL
Property Address	514 DOUGLAS AVE, WAUKEGAN, IL 60085-2914
Transaction Type	Mortgage
Record Updated	Aug 5, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	522 N SHERIDAN RD FL2, 2, WAUKEGAN, IL 60085-4021

Mortgage

Document Number	0007908260
Date	Jun 1, 2022
Instrument	7908260

Lender

Name	BANK OF PONTIAC
Type	Bank
Address	PONTIAC, IL 61764

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	119 Months
Due	May 10, 2032

June 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LAKE IL
Property Address	514 DOUGLAS AVE, WAUKEGAN, IL 60085-2914
Document Number	0007497951
Instrument Date	Jun 7, 2018
Transaction Type	Mortgage
Record Updated	Mar 24, 2020
Title Company	NEAR NORTH NATIONAL TITLE, NEAR NORTH NAT'L TITLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	522 N SHERIDAN RD #2ND WAUKEGAN IL 600854021, 2ND, WAUKEGAN, IL 60085-4021

Mortgage

Document Number	0007497951
Date	Jul 13, 2018
Instrument	7497951

Lender

Name	FIRST BK/HIGHLAND PARK
Type	Bank
Address	633 SKOKIE BLVD, NORTHBROOK, IL 60062-2858

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	60 Months
Due	Jul 12, 2023

Interest

Rate Type	Adjustable Rate
Rate	4.75%

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Lake County
County Subdivision	Waukegan Township
Municipality	Waukegan City
Unified School District	Waukegan Community Unit School District 60 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$131,034 Land $10,391 Building $120,643	$393,141 Land $31,176 Building $361,965
2024	$10,587.00 (+7.36%)
2023	$9,861.00	$116,655 Land $8,374 Building $108,281	$350,000 Land $25,125 Building $324,875

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 514 Douglas Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective February 20, 2024

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 514 Douglas Ave is low, with a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 80% of the US · above 71% of Illinois
Wildfire Likelihood	0.01% annual chance
Exposure	None 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 System	WAUKEGAN serves 87,149 people · EPA ID IL0971900
Water Source	Surface water
Last State Inspection	Apr 2025
Lead	10 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	4 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 595 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
AT&T DSL · Fiber in parts of the area	100 / 20

May also be available: T-Mobile, Verizon.

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