554 S Lake St, Aurora, IL 60506 Property Records

Kane County property record for 554 S Lake St, Aurora, IL 60506

Property Summary

Property Type	Commercial
Details	2,768 sqft · built 1954
Lot Size	0.238 acres (10,383 sqft)
Owner	Company Name on Record
Tax Bill	$8,181 (2025)
Deeds & Mortgages	Dec 2017 Line of Credit May 2019 Loan Modification
Flood Zone	Zone X (minimal risk)
APN	`15-28-128-015`

Property Details

APN / Parcel Number

Primary APN	`15-28-128-015`

Interior

Stories	1 Story
Building Area	2,768 sqft Gross Area
1st Floor Area	2,768 sqft

Exterior

Year Built	Built 1954
Effective Year Built	Effective 1954
Construction Type	Masonry / Concrete Block
Lot Area	10,383 sqft (0.238 acres)
Lot Dimensions	101 ft deep x 102 ft wide

Location & Zoning

Street Address	554 S LAKE ST
City	AURORA
State	IL
Zip	60506-5561
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	WAGNERS 2ND ADDN W 101 FT LOT 1 & N 10.4 FT W 101 FT LT 2 BLK 7 LOT DIMENSIONS: 102.8 X 101 APPROX LOT SQ FT 10383 SUBDIVISION: WAGNERS 2ND ADDN RANGE CODE: 001
Legal Subdivision	WAGNERS 2ND ADDN
Legal Block	7
Legal Lot Number	1,2
Jurisdiction	KANE IL
Township / Civil Division	AURORA
Census Block Group	2
Census Block	2026
Census Tract	854700

Owner

Source: Kane County records, as of July 23, 2026

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

Owner of Record	Company Name on Record
Mailing Address	463 WINDSOR DR, OSWEGO, IL 60543-9206
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Dec 8, 2017	Deed of Trust, Mortgage · Line of Credit COMMUNITY STATE BANK
May 17, 2019	Loan Modification, Mortgage · Line of Credit COMMUNITY ST BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 12, 2016
Deed Sale	Oct 12, 2016
Prior Sale	Oct 25, 2005 · Amount on Record
Deed Document Number	201655544
Prior Transfer Date	Aug 23, 2004
Prior Transfer Doc	0000133740
Record Updated	Oct 29, 2026

December 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	554 S LAKE ST, AURORA, IL 60506-5561
Transaction Type	Mortgage
Record Updated	Aug 5, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000064122
Date	Dec 8, 2017
Instrument	2017K064122

Lender

Name	COMMUNITY STATE BANK
Type	Bank
Address	GALVA, IL 61434

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	71 Months
Due	Oct 31, 2023

May 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	KANE IL
Property Address	554 S LAKE ST, AURORA, IL 60506-5561
Document Number	0000021655
Instrument Date	May 17, 2019
Transaction Type	Mortgage
Record Updated	Jun 10, 2019
Title Company	NOT AVAILABLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	463 WINDSOR DR OSWEGO IL 605439206, OSWEGO, IL 60543-9206

Mortgage

Document Number	0000021655
Date	May 29, 2019
Instrument	21655

Lender

Name	COMMUNITY ST BK
Type	Bank
Address	GALVA, IL 61434

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	May 28, 2024

Interest

Rate Type	Adjustable Rate
Rate	5.75%

Tax Assessment & Valuation

Source: Kane County assessment roll, as of July 23, 2026

Property Jurisdictions

Type	Name
State	Illinois
Municipality	Aurora City
County	Kane County
County Subdivision	Aurora Township
Unified School District	Aurora West Unit School District 129 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$8,181.00 (+12.59%)	$110,153 (+9.39%) Land $9,519 Building $100,634	$330,591 (+9.39%) Land $28,568 Building $302,023
2024		$100,698 (+22.66%) Land $8,702 Building $91,996	$302,215 (+22.71%) Land $26,116 Building $276,098
2022	$7,266.00 (+4.07%)	$82,092 (+7.41%) Land $7,094 Building $74,998	$246,276 (+7.41%) Land $21,282 Building $224,994
2021	$6,982.00	$76,429 Land $6,605 Building $69,824	$229,287 Land $19,815 Building $209,472

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective October 8, 2026 · 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
Nearby Flood Claims	13 (1980–2008)
Claims Outside the SFHA	7 of 13
Most Recent Claim	Sep 2008 · Severe Storms And Flooding
Claims by Event	Severe Storms And Flooding, Sep 2008 · 4 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 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 306 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL · Fixed Wireless in parts of the area	5,000 / 5,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20

May also be available: Metronet, T-Mobile, Watch TV.

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