550 N Commons Dr, Aurora, IL 60504 Property Records

DuPage County property record for 550 N Commons Dr, Aurora, IL 60504

Property Summary

Property Type	General Industrial
Details	35,838 sqft · built 1985
Lot Size	4.38 acres (191,228 sqft)
Owner	Company Name on File
Last Sale	$6,550,000 (Apr 2021)
Tax Bill	$70,415 (2025)
Deeds & Mortgages	Dec 2022 Construction Loan Aug 2022 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`07-21-102-011`

Property Details

APN / Parcel Number

Primary APN	`07-21-102-011`

Interior

Units	22 Units
Building Area	35,838 sqft Gross Area
1st Floor Area	35,838 sqft

Exterior

Year Built	Built 1985
Effective Year Built	Effective 1985
Lot Area	191,228 sqft

Location & Zoning

Street Address	550 N COMMONS DR
City	AURORA
State	IL
Zip	60504-8172
Property Category	Industrial
Property Type	Industrial > General Industrial
Local Zoning Code	I
Legal Description	MERIDIAN BUSINESS CAMPUS PHASE 1 ALL
Legal Subdivision	MERIDIAN BUSINESS CAMPUS PHASE 1
Legal Phase	1
Legal Lot Number	13
Jurisdiction	DU PAGE IL
Township / Civil Division	NAPERVILLE
Census Block Group	3
Census Block	3009
Census Tract	846509

Owner

550 N Commons Dr, an industrial property, is owned by a company that bought it in April 2021.

Source: DuPage County records, as of September 1, 2026

Owner of Record	Company Name on File
Mailing Address	2625 BUTTERFIELD RD, 213W, OAK BROOK, IL 60523-1205
Owner Type	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
Dec 15, 2022	Deed of Trust, Mortgage · Construction Mortgage FIRST HORIZON BANK
Aug 9, 2022	Deed of Trust, Mortgage · Commercial Mortgage FIRST HORIZON BANK
Apr 9, 2021	Special Warranty Deed, Transfer · Unknown IBERIABANK
May 10, 2018	Special Warranty Deed, Construction Loan · Construction Mortgage WINTRUST BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 9, 2021 · Amount on File
Deed Sale	Apr 9, 2021 · Amount on File
Prior Sale	May 10, 2018 · Amount on File
Deed Document Number	202156411
Prior Transfer Date	Sep 4, 2014
Prior Transfer Doc	0000107230
Record Updated	Oct 29, 2026

December 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	DU PAGE IL
Property Address	550 N COMMONS DR, AURORA, IL 60504-8172
Transaction Type	Mortgage
Record Updated	Jan 2, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2100 3RD AVE N 600, 600, BIRMINGHAM, AL 35203-3416

Mortgage

Document Number	0000108315
Date	Dec 15, 2022
Instrument	R2022-108315

Lender

Name	FIRST HORIZON BANK
Type	Bank
Address	BIRMINGHAM, AL 35209

Agreement

Type	Construction Mortgage
Amount	Amount on Record

August 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	DU PAGE IL
Property Address	550 N COMMONS DR, AURORA, IL 60504-8172
Transaction Type	Mortgage
Record Updated	Aug 24, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2100 3RD AVE N 600, 600, BIRMINGHAM, AL 35203-3416

Mortgage

Document Number	0000074969
Date	Aug 9, 2022
Instrument	R2022-074969

Lender

Name	FIRST HORIZON BANK
Type	Bank
Address	BIRMINGHAM, AL 35209

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

April 2021: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	DU PAGE IL
Recording Date	Apr 9, 2021
Property Address	550 N COMMONS DR, AURORA, IL 60504-8172
Document Number	0000056411
Map Reference	DOC R84-15486
Instrument Date	Mar 25, 2021
Instrument	R2021-056411
Transaction Type	Transfer
Record Updated	Aug 5, 2022
Title Company	CCHI

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$6,550.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	2625 BUTTERFIELD RD # RD213W, 2625, OAK BROOK, IL 60523-1234

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2625 BUTTERFIELD RD STE 213W, 213W, OAK BROOK, IL 60523-1205

Mortgage

Document Number	0000056414
Date	Apr 9, 2021
Instrument	R2021-056414

Lender

Name	IBERIABANK
Type	Bank
Address	BIRMINGHAM, AL 35209

Agreement

Type	Unknown
Amount	Amount on Record

May 2018: Special Warranty Deed, Construction Loan

Document Type	Special Warranty Deed
Jurisdiction	DU PAGE IL
Recording Date	May 10, 2018
Property Address	550 N COMMONS DR, AURORA, IL 60504-8172
Document Number	0000041091
Map Reference	DOCR84-15486
Instrument Date	May 4, 2018
Instrument	R2018-041091
Transaction Type	Construction Loan
Record Updated	Aug 5, 2022
Title Company	CHICAGO TITLE INSURANCE COMP

Transaction

Amount	Amount on Record
Tax	$22,950.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	520 W ERIE ST STE 220, 220, CHICAGO, IL 60654-5700

Mortgage

Document Number	0000041092
Date	May 10, 2018
Instrument	R2018-041092

Lender

Name	WINTRUST BANK
Type	Bank

Agreement

Type	Construction Mortgage
Amount	Amount on Record
Term	60 Months
Due	May 4, 2023

Tax Assessment & Valuation

The 2025 property tax bill for 550 N Commons Dr was $70,415, up 5.1% from the year before.

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

Property Jurisdictions

Type	Name
State	Illinois
Municipality	Aurora City
County	DuPage County
County Subdivision	Naperville Township
Unified School District	Indian Prairie Community Unit School District 204 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$70,415.00 (+5.08%)	$966,577 (+9.67%) Land $316,907 Building $649,670	$2,899,731 (+9.67%) Land $950,721 Building $1,949,010
2024	$67,012.00	$881,350 Land $288,964 Building $592,386	$2,644,050 Land $866,892 Building $1,777,158
2022	$57,137.00	$681,350 Land $332,660 Building $348,690	$2,044,050 Land $997,980 Building $1,046,070

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 550 N Commons Dr in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective September 1, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	1 in force

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 550 N Commons 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 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	AURORA serves 183,000 people · EPA ID IL0894070
Water Source	Surface water
Last State Inspection	Mar 2025
Lead	26 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	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 112 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	1,000 / 75
Starlink Satellite	280 / 30

May also be available: Astound Broadband, AT&T.

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