54 N Palazzo Dr, Addison, IL 60101 Property Records

DuPage County property record for 54 N Palazzo Dr, Addison, IL 60101

Property Summary

Property TypeCondominium
Details5 bd · 3 ba · 1,471 sqft · built 1997
Lot Size9.53 acres (415,127 sqft)
OwnerIndividual on Record
Last Sale$305,000 (Jul 2024)
Tax Bill$5,513 (2025)
Deeds & MortgagesMay 2018 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN03-29-216-055

Property Details

APN / Parcel Number

Primary APN03-29-216-055

Interior

Bedrooms5 Beds
Full Baths3 Baths
Half Baths2 Half Baths
Total Rooms2 Rooms
Stories2 Stories
Building Area1,471 sqft Living Area
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1997
Effective Year BuiltEffective 1997
Architectural StyleA-Frame
Exterior MaterialBrick
Construction TypeBrick
Lot Area415,127 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemHVAC
Water SourceCommercial

Location & Zoning

Street Address54 N PALAZZO DR
CityADDISON
StateIL
Zip60101-3264
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Local Zoning CodeR
Legal DescriptionTHE ARAGON CONDO UNIT 8-54-3 .9493 PERCENT COM INT
Legal SubdivisionTHE ARAGON CONDO
Legal Unit8
JurisdictionDU PAGE IL
Township / Civil DivisionADDISON
Census Block Group1
Census Block1003
Census Tract846604

Owner

Source: DuPage County assessment roll, as of August 17, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual on Record
Mailing Address101 BAR HARBOUR RD, SCHAUMBURG, IL 60193-5242
Owner TypeIndividual
VestingSingle

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 8, 2024 · Amount on Record
Deed SaleJul 8, 2024 · Amount on Record
Prior SaleMay 17, 2018 · Amount on Record
Deed Document Number202438148
Prior Transfer DateSep 28, 2006
Prior Transfer Doc0000198454
Record UpdatedSep 20, 2026

May 2018: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionDU PAGE IL
Recording DateMay 17, 2018
Property Address54 N PALAZZO DR, ADDISON, IL 60101-3264
Document Number0000043569
Map ReferenceDOCR96-206491
Instrument DateMay 11, 2018
InstrumentR2018-043569
Transaction TypeTransfer
Record UpdatedDec 14, 2021
Title CompanyNEAR NORTH NATIONAL TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyRounded by County
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants by the Entirety
Address54 N PALAZZO DR, ADDISON, IL 60101-3264

Mortgage

Document Number0000043570
DateMay 17, 2018
InstrumentR2018-043570
Lender
NameALLY BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueJun 1, 2048

Tax Assessment & Valuation

Source: DuPage County assessment roll, as of August 17, 2026

Property Jurisdictions

TypeName
StateIllinois
MunicipalityAddison Village
CountyDuPage County
County SubdivisionAddison Township
Elementary School DistrictAddison School District 4 (PK - 08)
Secondary School DistrictDuPage High School District 88 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$5,513.00 (+30.24%)$90,131 (+31.62%) Land $8,568 Building $81,563$270,393 (+31.62%) Land $25,704 Building $244,689
2022$4,233.00 Homeowner's exemption Senior Citizen's exemption$68,480 Land $6,500 Building $61,980$205,440 Land $19,500 Building $185,940

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 September 1, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 12 individual policies
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies64 units insured
incl. 52 condo units
Nearby Flood Claims10 (1985–2015)
Claims Outside the SFHA2 of 10
Most Recent ClaimJun 2015 · rainfall accumulation
Claims by Event
  • Severe Storms & Flooding, Aug 1987 · 3 claims

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

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 SystemADDISON
serves 38,017 people · EPA ID IL0430050
Water SourcePurchased surface water from DU PAGE WATER COMMISSION
Last State InspectionJan 2024
Lead2 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
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 510 locations within half a mile, as of December 31, 2025

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

May also be available: Verizon.

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