731 Colby Ct, Gurnee, IL 60031 Property Records

Lake County property record for 731 Colby Ct, Gurnee, IL 60031

Property Summary

Property TypeSingle Family Home
Details2 bd · 1 ba · 782 sqft · built 1976
Lot Size0.021 acres (928 sqft)
OwnerIndividual Name on File
Last Sale$110,000 (Mar 2008)
Tax Bill$3,156 (2024)
Deeds & MortgagesMar 2021 Mortgage
Flood ZoneZone X (minimal risk)
APN07-28-402-047

Property Details

APN / Parcel Number

Primary APN07-28-402-047

Interior

Bedrooms2 Beds
Full Baths1 Bath
Stories1 Story
Building Area782 sqft Living Area
1st Floor Area782 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1976
Effective Year BuiltEffective 1976
Architectural StyleTownhouse
Exterior MaterialWood Siding
Construction TypeFrame
Roof MaterialComposition Shingle
Lot Area928 sqft (0.021 acres)
Garage TypeDetached
Garage Area200 sqft
Parking Spaces1 Parking Space

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C

Location & Zoning

Street Address731 COLBY CT
CityGURNEE
StateIL
Zip60031-3116
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionHEATHERRIDGE PART OF NEIGHBORHOOD NO 1 PHASE 1 U-47
Legal SubdivisionHEATHERRIDGE
Legal Phase1
JurisdictionLAKE IL
Township / Civil DivisionWARREN
Census Block Group1
Census Block1054
Census Tract861603

Owner

731 Colby Ct is owned and occupied by an individual who bought it in March 2008.

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

Owner of RecordIndividual Name on File
Mailing Address731 COLBY CT, GURNEE, IL 60031-3116
OccupancyOwner Occupied
Owner TypeIndividual

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

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 5, 2008 · Amount on File
Deed SaleMar 5, 2008 · Amount on File
Prior SaleAug 1, 2005 · Amount on File
Deed Document Number20086314090
Record UpdatedOct 29, 2026

March 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address731 COLBY CT, GURNEE, IL 60031-3116
Transaction TypeMortgage
Record UpdatedApr 28, 2021

Transferred To (Grantee/Buyer)

NameVerified Name
Address731 COLBY CT, GURNEE, IL 60031-3116

Mortgage

Document Number0007759999
DateMar 9, 2021
Instrument7759999
Lender
NameDEPARTMENT OF HOUSING & URBAN DEV
TypeGovernment Agency
AddressWASHINGTON, DC 20410
Agreement
TypeFHA Mortgage
AmountAmount on Record
Term267 Months
DueJun 1, 2043

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyLake County
County SubdivisionWarren Township
MunicipalityGurnee Village
Secondary School DistrictWarren Township High School District 121 (09 - 12)
Elementary School DistrictWoodland Community Consolidated School District 50 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$48,509 Land $9,473 Building $39,036$145,542 Land $28,422 Building $117,120
2024$3,156.00 (+23.86%)
2023$2,548.00 (+31.48%)$38,912 (+21.04%) Land $7,599 Building $31,313$116,747 (+21.04%) Land $22,799 Building $93,948
2022$1,938.00$32,149 Land $6,377 Building $25,772$96,457 Land $19,133 Building $77,324

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

FEMA maps place 731 Colby Ct in Zone X, an area of minimal flood risk, though there have been 8 flood claims nearby since 1979.

Source: FEMA National Flood Hazard Layer, effective February 20, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies2 in force
Nearby Flood Claims8 (1979–2017)
Claims Outside the SFHA4 of 8
Most Recent ClaimJul 2017 · river or lake flooding
Claims by Event
  • Severe Storms & Flooding, Sep 1986 · 3 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

The area around 731 Colby Ct 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 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 SystemGURNEE
serves 30,193 people · EPA ID IL0970350
Water SourcePurchased surface water from several systems
Last State InspectionMay 2025
LeadUnder 1 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 257 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
DSL · Fiber in parts of the area
100 / 20

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