555 Chaddick Dr, Wheeling, IL 60090 Property Records

Cook County property record for 555 Chaddick Dr, Wheeling, IL 60090 · Last verified June 2026

Property Summary

Property Type	Vacant Land
Lot Size	0.574 acres (25,000 sqft)
Owner	Company Name on File
Last Sale	$1,227,500 (Jul 2007)
Tax Bill	$5,865 (2023)
Deeds & Mortgages	Jun 2017 Loan Modification
Flood Zone	Zone X (minimal risk)
APN	`03-11-408-001`

Property Details

APN / Parcel Number

Primary APN	`03-11-408-001`
Alternative APN	`03-11-408-001-0000`

Exterior

Lot Area	25,000 sqft (0.574 acres)

Location & Zoning

Street Address	555 CHADDICK DR
City	WHEELING
State	IL
Zip	60090-6053
Property Category	Vacant Land
Property Type	Vacant Land > Uncategorized
Legal Description	(PALWAUKEE) (BUSINESS) (CENTER) (UNIT1) A SUB IN THE SE SEC 11-42-11
Legal Range	11E
Legal Township	42N
Legal Section	11
Legal Subdivision	PALWAUKEE BUSINESS CENTER UNIT1
Legal Block	408
Legal Lot Number	11
Legal Unit	1
Jurisdiction	COOK IL
Township / Civil Division	WHEELING
Census Block Group	2
Census Block	2011
Census Tract	802505

Owner

Source: Cook County records · APN 03-11-408-001

Assessment roll updated May 27, 2026 · Last verified June 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 File
Mailing Address	601 CHADDICK DR, WHEELING, IL 60090-6053
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jul 19, 2007 · Amount on Record
Deed Sale	Jul 19, 2007 · Amount on Record
Prior Sale	May 04, 2005 · Amount on Record
Deed Document Number	200734080
Record Updated	Sep 20, 2026

June 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	COOK IL
Property Address	555 CHADDICK DR, WHEELING, IL 60090-6053
Document Number	1717246000
Instrument Date	Jun 14, 2017
Transaction Type	Mortgage
Record Updated	Aug 22, 2018
Title Company	OTHER

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	632 N SCOTTSVALE LN ARLINGTON HEIGHTS IL 600045849, ARLINGTON HEIGHTS, IL 60004-5849

Mortgage

Document Number	1717246000
Date	Jun 21, 2017
Instrument	17246000

Lender

Name	FIRST BK
Type	Bank
Address	EVANSTON, IL 60201

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	Jun 20, 2022

Interest

Rate Type	Adjustable Rate
Rate	4.95%

Tax Assessment & Valuation

Source: Cook County records · Assessment roll updated May 27, 2026 · Last verified June 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
County Subdivision	Wheeling Township
Municipality	Wheeling Village
Secondary School District	Township High School District 214 (09 - 12)
Elementary School District	Wheeling Community Consolidated School District 21 (PK - 08)

Tax Bill & Assessment History

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$25,000 (+42.86%) Land $25,000	$250,000 (+42.86%) Land $250,000
2023	$5,865.00 (+4.86%)
2022	$5,593.00	$17,500 Land $17,500	$175,000 Land $175,000

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Cook County (17031C), updated February 11, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 170318025052, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Cost	Premium on Record median of 18 individual NFIP policies nearby
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	18 in force 16 of 18 on primary residences
Nearby Flood Claims	32 (1981–2020)
Claims Outside the SFHA	2 of 32
Most Recent Claim	May 2020, rainfall accumulation
Flood Events	Severe Storms, Straight-line Winds, And Flooding (Apr 2013), 5 claims Severe Storms & Flooding (Aug 1987), 5 claims

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

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.