1. Home
  2. Illinois
  3. Cook County
  4. Schaumburg
  5. Commerce Dr

55 Commerce Dr, Schaumburg, IL 60173 Property Records

Cook County property record for 55 Commerce Dr, Schaumburg, IL 60173

Property Summary

Property TypeExempt (Full or Partial)
Detailsbuilt 1985
Lot Size1.3 acres (56,628 sqft)
OwnerCompany Name on File
Last Sale$1,800,000 (May 2018)
Tax Bill$123,796 (2021)
Deeds & MortgagesMay 2018 Sale
Dec 2017 Loan Modification
Flood ZoneZone X (minimal risk)
APN07-10-203-007

Property Details

APN / Parcel Number

Primary APN07-10-203-007
Alternative APN
  • 07-10-203-007-0000

Interior

Stories1 Story

Exterior

Year BuiltBuilt 1985
Effective Year BuiltEffective 1985
Lot Area56,628 sqft

Location & Zoning

Street Address55 COMMERCE DR
CitySCHAUMBURG
StateIL
Zip60173-5302
Property CategoryOther
Property TypeOther > Exempt (Full or Partial)
Legal Description(WOODFIELD) (BUSINESS) CENTER TWO WEST (UNIT1) A RESU B OF LTS 47-50 IN WOODFIELD BUSINESS CENTER 2-WEST OF PT OF THE NE SEC
Legal Range10E
Legal Township41N
Legal Section10
Legal SubdivisionWOODFIELD BUSINESS CENTER TWO WEST UNIT1
Legal Lot Number47-50
Legal Unit1
JurisdictionCOOK IL
Township / Civil DivisionSCHAUMBURG
Census Block Group1
Census Block1021
Census Tract804603

Owner

55 Commerce Dr is owned by a company that bought it in May 2018.

Source: Cook County records, as of May 27, 2026

Owner of RecordCompany Name on File
Mailing Address481 8TH AVE, NEW YORK, NY 10001-1862
Owner TypeCompany

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
May 29, 2018Grant Deed, Transfer
Dec 27, 2017Loan Modification, Mortgage · Line of Credit
GOLUB CAP MARKETS LLC

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMay 29, 2018 · Amount on File
Deed SaleMay 29, 2018 · Amount on File
Prior SaleJul 18, 2014 · Amount on File
Deed Document Number201825037
Record UpdatedOct 29, 2026

May 2018: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionCOOK IL
Recording DateMay 29, 2018
Property Address55 COMMERCE DR, SCHAUMBURG, IL 60173-5302
Document Number1814925037
Instrument DateMay 23, 2018
Instrument14925037
Transaction TypeTransfer
Record UpdatedJan 14, 2019

Transaction

AmountAmount on Record
Tax$1,800.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address481 8TH AVE NEW YORK NY 100011809, NEW YORK, NY 10001-1809

December 2017: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionCOOK IL
Recording DateDec 27, 2017
Property Address55 COMMERCE DR, SCHAUMBURG, IL 60173-5302
Document Number1736147148
Instrument DateDec 18, 2017
Instrument36147148
Transaction TypeMortgage
Record UpdatedJan 8, 2018
Title CompanyCHICAGO TITLE COMPANY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCorporate Trust
Address10 S LA SALLE ST #3100 CHICAGO IL 606031028, 3100, CHICAGO, IL 60603-1028

Mortgage

Document Number1736147148
DateDec 27, 2017
Instrument36147148
Lender
NameGOLUB CAP MARKETS LLC
Address150 S WACKER DR # 800, CHICAGO, IL 60606-4102
Agreement
TypeLine of Credit
AmountAmount on Record
Term60 Months
DueDec 26, 2022
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Cook County assessment roll, as of May 27, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionSchaumburg Township
MunicipalitySchaumburg Village
Secondary School DistrictTownship High School District 211 (09 - 12)
Elementary School DistrictSchaumburg Community Consolidated School District 54 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed Market Value
2022Additional exemption filed
2021$123,796.00
2019$1,816,104 Land $680,112 Building $1,135,992

Assessed market value is set for property tax purposes and is not a market price estimate.

Flood

FEMA maps place 55 Commerce Dr in Zone X, an area of minimal flood risk, though there have been 9 flood claims nearby since 1982.

Source: FEMA National Flood Hazard Layer, effective February 11, 2026 · 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 7 (15% premium discount)
Nearby Flood Policies5 in force
Nearby Flood Claims9 (1982–2017)
Claims Outside the SFHA2 of 9
Most Recent ClaimApr 2017
Claims by Event
  • Severe Storms & Flooding, Aug 1987 · 7 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

The area around 55 Commerce Dr 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 SystemSCHAUMBURG
serves 75,750 people · EPA ID IL0314890
Water SourcePurchased surface water from NORTHWEST SUBURBAN MUNICIPAL JAWA
Last State InspectionMar 2025
LeadUnder 1 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting3
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 28 locations within half a mile, as of December 31, 2025

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

May also be available: Astound Broadband, Verizon.

Nearby Properties on Commerce Dr

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures