5414 Grand Ave, Gurnee, IL 60031 Property Records

Lake County property record for 5414 Grand Ave, Gurnee, IL 60031

Property Summary

Property Type	Commercial Building, Warehouse, Showroom
Details	1 ba · 6,172 sqft · built 2006
Lot Size	0.793 acres (34,552 sqft)
Owner	Company Name on File
Last Sale	$1,860,000 (Apr 2023)
Tax Bill	$34,418 (2024)
Deeds & Mortgages	Apr 2023 Sale & Mortgage Dec 2017 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`07-15-300-059`

Property Details

APN / Parcel Number

Primary APN	`07-15-300-059`
Alternative APN	`07153000150000`

Interior

Full Baths	1 Bath
Units	4 Units
Building Area	6,172 sqft Gross Area
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2006
Effective Year Built	Effective 2006
Exterior Material	Brick
Construction Type	Brick
Lot Area	34,552 sqft (0.793 acres)
Garage Area	480 sqft
Parking Spaces	1 Parking Space

Utilities, Heating & Cooling

Cooling System	Central

Location & Zoning

Street Address	5414 GRAND AVE
City	GURNEE
State	IL
Zip	60031-1704
Property Category	Commercial
Property Type	Commercial > Retail > Commercial Building, Warehouse, Showroom
Legal Description	PT W1/2;BEG CLN GRAND AVE AT PNT 825W OF ELN & 206.8S OF N LN SW1/4,N271.3,E145.5,S327.5 TO CLN GRAND AVE,N69DW 155. 8 TO POB(EX PT LYG SWLY OF ALN DRWN // & 60 NELY OF CLN GR
Legal Range	11E
Legal Township	45N
Legal Section	15
Jurisdiction	LAKE IL
Township / Civil Division	WARREN
Census Block Group	1
Census Block	1008
Census Tract	861508

Owner

5414 Grand Ave, a commercial property, is owned by a company that bought it in April 2023.

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

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on File
Mailing Address	1180 HEATHER DR, LAKE ZURICH, IL 60047-6707
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Apr 19, 2023	Special Warranty Deed, Transfer · Commercial Mortgage LAND OF LINCOLN CU
Dec 20, 2017	Warranty Deed, Transfer · Commercial Mortgage URBAN PARTNERSHIP BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 19, 2023 · Amount on File
Deed Sale	Apr 19, 2023 · Amount on File
Prior Sale	Dec 20, 2017 · Amount on File
Deed Document Number	20237969035
Record Updated	Oct 29, 2026

April 2023: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	LAKE IL
Recording Date	Apr 19, 2023
Property Address	5414 GRAND AVE, GURNEE, IL 60031-1704
Document Number	0007969035
Map Reference	DOC 3110374
Instrument Date	Apr 10, 2023
Instrument	7969035
Transaction Type	Transfer
Record Updated	Apr 28, 2023
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,860.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	13682 QUITO RD, SARATOGA, CA 95070-4757

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1180 HEATHER DR, LAKE ZURICH, IL 60047-6707

Mortgage

Document Number	0007969036
Date	Apr 19, 2023
Instrument	7969036

Lender

Name	LAND OF LINCOLN CU
Type	Credit Union

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	60 Months
Due	Apr 10, 2028

December 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	LAKE IL
Recording Date	Dec 20, 2017
Property Address	5414 GRAND AVE, GURNEE, IL 60031-1704
Document Number	0007452269
Instrument Date	Nov 30, 2017
Instrument	7452269
Transaction Type	Transfer
Record Updated	Mar 17, 2022
Title Company	GRATER ILLINOIS TITLE COMPAN

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,873.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	515 N STATE ST STE 2660, 2660, CHICAGO, IL 60654-4861
Mail Care Of	KEY DEVELOPMENT PARTNERS

Mortgage

Document Number	0007452270
Date	Dec 20, 2017
Instrument	7452270

Lender

Name	URBAN PARTNERSHIP BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Lake County
County Subdivision	Warren Township
Municipality	Gurnee Village
Secondary School District	Warren Township High School District 121 (09 - 12)
Elementary School District	Woodland Community Consolidated School District 50 (PK - 08)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$382,137 (+4.99%) Land $171,954 Building $210,183	$1,146,526 (+4.99%) Land $515,914 Building $630,612
2024	$34,418.00 (+2%)	$363,974 (+7.71%) Land $163,781 Building $200,193	$1,092,031 (+7.71%) Land $491,392 Building $600,639
2023	$33,744.00 (+14.51%)	$337,920 (+3%) Land $152,057 Building $185,863	$1,013,862 (+3%) Land $456,217 Building $557,645
2022	$29,469.00	$328,078 Land $147,628 Building $180,450	$984,332 Land $442,928 Building $541,404

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 5414 Grand 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

The area around 5414 Grand Ave 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 Risk	Not 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 System	GURNEE serves 30,193 people · EPA ID IL0970350
Water Source	Purchased surface water from several systems
Last State Inspection	May 2025
Lead	Under 1 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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 122 locations within half a mile, as of December 31, 2025

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

May also be available: Verizon.

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