72 Commerce Dr, Grayslake, IL 60030 Property Records

Lake County property record for 72 Commerce Dr, Grayslake, IL 60030

Property Summary

Property Type	Commercial Vacant Land
Lot Size	1.2 acres (52,507 sqft)
Owner	Company Name on File
Last Sale	$3,500,000 (Jun 2026)
Tax Bill	$11,120 (2025)
Deeds & Mortgages	Jun 2026 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`06-25-301-002`

Property Details

APN / Parcel Number

Primary APN	`06-25-301-002`

Exterior

Lot Area	52,507 sqft (1.2 acres)

Location & Zoning

Street Address	72 COMMERCE DR
City	GRAYSLAKE
State	IL
Zip	60030-1600
Property Category	Commercial
Property Type	Vacant Land > Commercial
Legal Description	WALDENSTROMS CENTER STREET SQUARE; LOT 2
Legal Subdivision	WALDENSTROMS CENTER STREET SQUARE
Legal Lot Number	2
Jurisdiction	LAKE IL
Township / Civil Division	AVON
Census Block Group	2
Census Block	2038
Census Tract	861106

Owner

Source: Lake County records · APN 06-25-301-002

Assessment roll updated April 29, 2026 · Last verified July 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	8847 S HARLEM AVE, BRIDGEVIEW, IL 60455-1907
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jun 11, 2026 · Amount on Record
Deed Sale	Jun 11, 2026 · Amount on Record
Prior Sale	Dec 31, 2015 · Amount on Record
Deed Document Number	20268174817
Record Updated	Sep 20, 2026

June 2026: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	LAKE IL
Recording Date	Jun 11, 2026
Property Address	72 COMMERCE DR, GRAYSLAKE, IL 60030-1600
Document Number	0008174817
Instrument Date	Jun 08, 2026
Instrument	20268174817
Transaction Type	Transfer
Record Updated	Jun 22, 2026
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$530,250.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership

Mortgage

Document Number	0008174817,
Date	Jun 11, 2026
Instrument	20268174817

Lender

Special Notes	Seller Financed

Agreement

Type	Seller Carry-Back
Amount	Amount Recorded
Term	60 Months
Due	Jun 01, 2031

Interest

Rate	6.3%
Max Rate	-1%

Tax Assessment & Valuation

Source: Lake County records · Assessment roll updated April 29, 2026 · Last verified July 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Lake County
County Subdivision	Avon Township
Municipality	Grayslake Village
Secondary School District	Grayslake Community High School District 127 (09 - 12)
Elementary School District	Woodland Community Consolidated School District 50 (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	$11,120.00 (+4.89%)	$108,857 (+20.67%) Land $108,857	$326,604 (+20.67%) Land $326,604
2024	$10,602.00 (+12.99%)
2023	$9,383.00 (+1.26%)	$90,208 (+8.19%) Land $90,208	$270,651 (+8.19%) Land $270,651
2022	$9,266.00	$83,376 Land $83,376	$250,153 Land $250,153

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of February 20, 2024 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 11 policies
Nearby Flood Policies	11 in force
Nearby Flood Claims	1 (2017)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Jul 2017 · rainfall accumulation

Wildfire

Wildfire Risk	Not rated no burnable land within 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.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

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

Based on FCC filings for 219 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water System	GRAYSLAKE serves 21,248 people
Water Source	Purchased surface water from CENTRAL LAKE COUNTY JAWA
Last State Inspection	Mar 2026
Lead	11 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 as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ. The full violation and enforcement history is in the system's EPA record.