Grundy County property record for 518 Wallace Ave, Morris, IL 60450
| Property Type | Single Family Home |
|---|---|
| Details | 1,275 sqft · built 1972 |
| Lot Size | 0.16 acres (6,970 sqft) |
| Owner | Individual Name on File |
| Last Sale | $130,000 (Jun 2015) |
| Tax Bill | $4,382 (2025) |
| Flood Zone | Zone X (minimal risk) |
| APN | 05-04-251-017 |
| Primary APN | 05-04-251-017 |
|---|
| Building Area | 1,275 sqft Total Area |
|---|
| Year Built | Built 1972 |
|---|---|
| Effective Year Built | Effective 1972 |
| Lot Area | 6,970 sqft (0.16 acres) |
| Street Address | 518 WALLACE AVE |
|---|---|
| City | MORRIS |
| State | IL |
| Zip | 60450-1331 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | JOHNSONS SUB MORRIS LT 18 SEC 4-33-7 |
| Legal Range | 07W |
| Legal Township | 33N |
| Legal Section | 04 |
| Legal Subdivision | JOHNSONS SUBDIVISION |
| Legal Lot Number | 18 |
| Jurisdiction | GRUNDY IL |
| Township / Civil Division | MORRIS |
| Census Block Group | 2 |
| Census Block | 2043 |
| Census Tract | 400 |
518 Wallace Ave is owned and occupied by an individual who bought it in June 2015.
Source: Grundy County records, as of June 30, 2026
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 518 WALLACE AVE, MORRIS, IL 60450-1331 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jun 12, 2015 · Amount on File |
| Deed Sale | Jun 12, 2015 · Amount on File |
| Prior Sale | Sep 14, 2012 · Amount on File |
| Deed Document Number | 2015554688 |
| Prior Transfer Date | Aug 31, 2012 |
| Prior Transfer Doc | 0000531908 |
| Record Updated | Oct 29, 2026 |
The 2025 property tax bill for 518 Wallace Ave was $4,382 with a homeowner's exemption.
Source: Grundy County assessment roll, as of June 30, 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Grundy County |
| County Subdivision | Morris Township |
| Municipality | Morris City |
| Elementary School District | Morris School District 54 (PK - 08) |
| Secondary School District | Morris Community High School District 101 (09 - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $4,382.00 | $55,996 Land $12,683 Building $43,313 | $167,988 Land $38,049 Building $129,939 |
| 2022 | $3,021.00 Homeowner's exemption | $44,613 Land $10,105 Building $34,508 | $133,839 Land $30,315 Building $103,524 |
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.
FEMA maps place 518 Wallace Ave in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.
Source: FEMA National Flood Hazard Layer, effective September 30, 2023 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Nearest Special Flood Hazard Area | Zone AE, within 500 ft |
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Policies | 7 in force |
| Nearby Flood Claims | 7 (2013) |
| Claims Outside the SFHA | 3 of 7 |
| Most Recent Claim | Apr 2013 · Severe Storms, Straight-line Winds, And Flooding |
| Claims by Event |
|
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 risk around 518 Wallace 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 Risk | Low lower than 99.1% of the US · lower than 94% of Illinois |
|---|---|
| Wildfire Likelihood | Under 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.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | MORRIS serves 14,775 people · EPA ID IL0630600 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Aug 2025 |
| Lead | Under 1 ppb (2025) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 1 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.
Source: FCC Broadband Data Collection, based on 395 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 2,000 / 250 |
| Verizon Fixed Wireless | 300 / 20 |
| Watch TV Fixed Wireless | 100 / 20 |
May also be available: AT&T.
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