551 Lyon Dr, Buffalo Grove, IL 60089 Property Records

Lake County property record for 551 Lyon Dr, Buffalo Grove, IL 60089

Property Summary

Property TypeSingle Family Home
Details2 ba · 1,082 sqft · built 1985
Lot Size0.111 acres (4,853 sqft)
Owner2 Company Names on Record
Last Sale$244,000 (Sep 2021)
Tax Bill$8,374 (2024)
Deeds & MortgagesApr 2023 Transfer
Sep 2021 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN15-29-216-007

Property Details

APN / Parcel Number

Primary APN15-29-216-007

Interior

Full Baths2 Baths
Stories1 Story
Building Area1,082 sqft Living Area
Gross Area1,302 sqft
1st Floor Area1,082 sqft

Exterior

Year BuiltBuilt 1985
Effective Year BuiltEffective 1985
Lot Area4,853 sqft (0.111 acres)
Garage TypeAttached
Garage Area220 sqft
Parking Spaces1 Parking Space
PorchOpen Porch
Porch Area18 sqft

Utilities, Heating & Cooling

Cooling SystemCentral

Location & Zoning

Street Address551 LYON DR
CityBUFFALO GROVE
StateIL
Zip60089-1044
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionTHE VILLAS OF BUFFALO CREEK UNIT TWO LOT 155
Legal SubdivisionTHE VILLAS OF BUFFALO CREEK UNIT TWO
Legal Lot Number155
Legal Unit2
JurisdictionLAKE IL
Township / Civil DivisionVERNON
Census Block Group4
Census Block4002
Census Tract864518

Owner

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

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

Owner of Record2 Company Names on Record
Mailing Address551 LYON DR, BUFFALO GROVE, IL 60089-1044
Owner TypeCompany
VestingLife Tenant

Deeds, Mortgages & Sale History

DateDocument
Apr 5, 2023Intrafamily Transfer, Transfer
ATTORNEY
Sep 8, 2021Warranty Deed, Transfer · Conventional Mortgage
CARDINAL FINANCIAL COMPANY LP

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleSep 8, 2021 · Amount on Record
Deed SaleSep 8, 2021 · Amount on Record
Prior SaleJan 5, 2015 · Amount on Record
Deed Document Number20217823522
Last Transfer DateMar 29, 2023
Transfer Doc0007966919
Record UpdatedJun 8, 2026

April 2023: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionLAKE IL
Recording DateApr 5, 2023
Property Address551 LYON DR, BUFFALO GROVE, IL 60089-1044
Document Number0007966919
Map ReferenceDOC 1990529
Instrument DateMar 29, 2023
Instrument7966919
Transaction TypeTransfer
Record UpdatedJun 7, 2023
Title CompanyATTORNEY

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipRevocable Living Trust
Address551 LYON DR, BUFFALO GROVE, IL 60089-1044

September 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionLAKE IL
Recording DateSep 8, 2021
Property Address551 LYON DR, BUFFALO GROVE, IL 60089-1044
Document Number0007823522
Map ReferenceDOC 1990529
Instrument DateAug 26, 2021
Instrument7823522
Transaction TypeTransfer
Record UpdatedOct 13, 2021
Title CompanyALTIMA TITLE LLC

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$244.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants
Address594 HADDON CIR, VERNON HILLS, IL 60061-2945

Mortgage

Document Number0007823523
DateSep 8, 2021
Instrument7823523
Lender
NameCARDINAL FINANCIAL COMPANY LP
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueSep 1, 2051
Interest
Rate TypeFixed Rate
Rate3.25%

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
MunicipalityBuffalo Grove Village
CountyLake County
County SubdivisionVernon Township
Elementary School DistrictKildeer Countryside Community Consolidated School District 96 (PK - 08)
Secondary School DistrictAdlai E. Stevenson High School District 125 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$89,243 (+12.42%) Land $28,146 Building $61,097$267,755 (+12.42%) Land $84,446 Building $183,309
2024$8,374.00 (+6.65%)
2023$7,852.00 (+3.89%)$79,381 (+5.41%) Land $25,036 Building $54,345$238,167 (+5.41%) Land $75,116 Building $163,051
2022$7,558.00$75,307 Land $23,751 Building $51,556$225,943 Land $71,260 Building $154,683

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 February 20, 2024

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone A, within 500 ft
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; 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 SystemBUFFALO GROVE
serves 43,212 people · EPA ID IL0314180
Water SourcePurchased surface water from several systems
Last State InspectionApr 2025
Lead1 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 395 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless · DSL
100 / 20

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