741 Colby Ct, Gurnee, IL 60031 Property Records

Lake County property record for 741 Colby Ct, Gurnee, IL 60031

Property Summary

Property TypeSingle Family Home
Details2 bd · 1 ba · 1,162 sqft · built 1976
Lot Size0.021 acres (910 sqft)
Owner2 Individual Names on Record
Last Sale$200,000 (Jan 2026)
Tax Bill$5,190 (2024)
Deeds & MortgagesJan 2026 Sale & Mortgage
Dec 2022 Transfer
+ 2 more
Flood ZoneZone X (minimal risk)
APN07-28-402-042

Property Details

APN / Parcel Number

Primary APN07-28-402-042

Interior

Bedrooms2 Beds
Full Baths1 Bath
Stories2 Stories
Building Area1,162 sqft Living Area
1st Floor Area789 sqft
2nd Floor Area373 sqft
Upper Floors Area373 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1976
Effective Year BuiltEffective 1976
Architectural StyleTownhouse
Exterior MaterialWood Siding
Construction TypeFrame
Roof MaterialComposition Shingle
Lot Area910 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 Address741 COLBY CT
CityGURNEE
StateIL
Zip60031-3116
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionHEATHERRIDGE PART OF NEIGHBORHOOD NO 1 PHASE 1; U-42
Legal SubdivisionHEATHERRIDGE PART OF NEIGHBORHOOD NO 1 P
Legal Phase1
JurisdictionLAKE IL
Township / Civil DivisionWARREN
Census Block Group1
Census Block1054
Census Tract861603

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 Individual Names on Record
Mailing Address741 COLBY CT, GURNEE, IL 60031-3116
OccupancyOwner Occupied
Owner TypeIndividual
VestingJoint Tenants

Deeds, Mortgages & Sale History

DateDocument
Jan 2, 2026Warranty Deed, Transfer · FHA Mortgage
FAIRWAY INDEPENDENT MORTGAGE CORP
Dec 6, 2022Quit Claim Deed, Transfer
Quitclaim
Jun 16, 2022Special Warranty Deed, Transfer
FIRST AMERICAN TITLE
Mar 23, 2022Sheriff's Deed, Foreclosure
FIRST AMERICAN TITLE

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJan 2, 2026 · Amount on Record
Deed SaleJan 2, 2026 · Amount on Record
Prior SaleJun 16, 2022 · Amount on Record
Deed Document Number20268141505
Prior Transfer DateDec 3, 2022
Prior Transfer Doc0007948148
Record UpdatedSep 20, 2026

January 2026: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionLAKE IL
Recording DateJan 2, 2026
Property Address741 COLBY CT, GURNEE, IL 60031-3116
Document Number0008141505
Map ReferenceDOC 1714900
Instrument DateNov 24, 2025
Instrument8141505
Transaction TypeTransfer
Record UpdatedJan 16, 2026
Title CompanyOLD REPUBLIC TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$200.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants
Address741 COLBY CT, GURNEE, IL 60031-3116

Mortgage

Document Number0008141506
DateJan 2, 2026
Instrument8141506
Lender
NameFAIRWAY INDEPENDENT MORTGAGE CORP
TypeMortgage Company
Agreement
TypeFHA Mortgage
AmountAmount Recorded
Term359 Months
DueDec 1, 2055
Interest
Rate TypeFixed Rate
Rate7.25%

December 2022: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionLAKE IL
Recording DateDec 6, 2022
Property Address741 COLBY CT, GURNEE, IL 60031-3116
Document Number0007948148
Map ReferenceDOC 1714900
Instrument DateDec 3, 2022
Instrument7948148
Transaction TypeTransfer
Record UpdatedDec 14, 2022

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3736 FOREST AVE, BROOKFIELD, IL 60513-1606

June 2022: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionLAKE IL
Recording DateJun 16, 2022
Property Address741 COLBY CT, GURNEE, IL 60031-3116
Document Number0007911819
Map ReferenceDOC 1714900
Instrument DateMay 24, 2022
Instrument7911819
Transaction TypeTransfer
Record UpdatedJun 27, 2022
Title CompanyFIRST AMERICAN TITLE

Transaction

AmountAmount Recorded
Tax$126.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address175 S HIGH ST, 175, COLUMBUS, OH 43215-4501

Transferred To (Grantee/Buyer)

NameVerified Name
Address741 COLBY CT, GURNEE, IL 60031-3116

March 2022: Sheriff's Deed, Foreclosure

Document TypeSheriff's Deed
JurisdictionLAKE IL
Recording DateMar 23, 2022
Property Address741 COLBY CT, GURNEE, IL 60031-3116
Document Number0007888978
Instrument DateJan 13, 2022
Instrument7888978
Transaction TypeForeclosure
Record UpdatedApr 7, 2022
Title CompanyFIRST AMERICAN TITLE

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Notice of Foreclosure Sale

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address5555 CLEVELAND AVE, COLUMBUS, OH 43231-4048

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$63,820 (+14.44%) Land $9,366 Building $54,454$191,479 (+14.44%) Land $28,101 Building $163,378
2024$5,190.00 (+19.28%)$55,769 (+7.71%) Land $8,185 Building $47,584$167,323 (+7.71%) Land $24,557 Building $142,766
2023$4,351.00 (+14.44%)$51,777 (+16.79%) Land $7,599 Building $44,178$155,346 (+16.79%) Land $22,799 Building $132,547
2022$3,802.00$44,333 Land $5,929 Building $38,404$133,013 Land $17,789 Building $115,224

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 · 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

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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