Lake County property record for 7540 Cascade Way, Gurnee, IL 60031
| Property Type | Single Family Home |
|---|---|
| Details | 4 bd · 2.5 ba · 3,109 sqft · built 1998 |
| Lot Size | 0.24 acres (10,454 sqft) |
| Owner | Individual Name on File |
| Last Sale | $380,000 (Nov 2009) |
| Tax Bill | $14,064 (2024) |
| Deeds & Mortgages | Mar 2021 Mortgage Sep 2019 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 07-19-201-022 |
| Primary APN | 07-19-201-022 |
|---|
| Bedrooms | 4 Beds |
|---|---|
| Full Baths | 2.5 Baths |
| Half Baths | 1 Half Bath |
| Plumbing Fixtures | 10 Plumbing Fixtures |
| Total Rooms | 12 Rooms |
| Stories | 2 Stories |
| Building Area | 3,109 sqft Living Area |
| Gross Area | 5,301 sqft |
| 1st Floor Area | 1,549 sqft |
| 2nd Floor Area | 1,560 sqft |
| Upper Floors Area | 1,560 sqft |
| Basement Area | 1,535 sqft |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1998 |
|---|---|
| Effective Year Built | Effective 1998 |
| Architectural Style | Conventional |
| Exterior Material | Wood Siding |
| Construction Type | Frame |
| Roof Material | Composition Shingle |
| Lot Area | 10,454 sqft (0.24 acres) |
| Garage Type | Attached |
| Garage Area | 657 sqft |
| Parking Spaces | 2 Parking Spaces |
| Porch | Open Porch |
| Porch Area | 54 sqft |
| Patio Area | 296 sqft |
| Cooling System | Central |
|---|---|
| Heating System | Forced Air with A/C |
| Sewer | Municipal |
| Water Source | Commercial |
| Street Address | 7540 CASCADE WAY |
|---|---|
| City | GURNEE |
| State | IL |
| Zip | 60031-5643 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | KINGSPORT WOODS; LOT 43 |
| Legal Subdivision | KINGSPORT WOODS |
| Legal Lot Number | 43 |
| Jurisdiction | LAKE IL |
| Township / Civil Division | WARREN |
| Census Block Group | 2 |
| Census Block | 2002 |
| Census Tract | 861611 |
7540 Cascade Way is owned and occupied by an individual who bought it in November 2009.
Source: Lake County records, as of April 29, 2026
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 7540 CASCADE WAY, GURNEE, IL 60031-5643 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Vesting | Tenants by the Entirety |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Mar 24, 2021 | Deed of Trust, Mortgage · Conventional Mortgage MUTUAL OF OMAHA MORTGAGE INC |
| Sep 12, 2019 | Deed of Trust, Mortgage · Conventional Mortgage SYNERGY ONE LENDING |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Nov 3, 2009 · Amount on File |
| Deed Sale | Nov 3, 2009 · Amount on File |
| Prior Sale | Jun 16, 1999 · Amount on File |
| Deed Document Number | 20096537885 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | LAKE IL |
| Property Address | 7540 CASCADE WAY, GURNEE, IL 60031-5643 |
| Transaction Type | Mortgage |
| Record Updated | May 12, 2021 |
| Title Company | OLD REPUBLIC TITLE |
| Name | Verified Name |
|---|
| Document Number | 0007767436 |
|---|---|
| Date | Mar 24, 2021 |
| Instrument | 7767436 |
| Name | MUTUAL OF OMAHA MORTGAGE INC |
|---|---|
| Type | Mortgage Company |
| Address | SAN DIEGO, CA 92108 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Mar 1, 2051 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 2.75% |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | LAKE IL |
| Property Address | 7540 CASCADE WAY, GURNEE, IL 60031-5643 |
| Transaction Type | Mortgage |
| Record Updated | Feb 5, 2021 |
| Name | Verified Name |
|---|
| Document Number | 0007591903 |
|---|---|
| Date | Sep 12, 2019 |
| Instrument | 7591903 |
| Name | SYNERGY ONE LENDING |
|---|---|
| Type | Lending Institution |
| Address | LOMBARD, IL 60148 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 361 Months |
| Due | Oct 1, 2049 |
| Rate | 3.25% |
|---|
Source: Lake County assessment roll, as of April 29, 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Lake County |
| County Subdivision | Warren Township |
| Municipality | Gurnee Village |
| Secondary School District | Warren Township High School District 121 (09 - 12) |
| Elementary School District | Woodland Community Consolidated School District 50 (PK - 08) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $183,773 Land $29,848 Building $153,925 | $551,374 Land $89,553 Building $461,821 | |
| 2024 | $14,064.00 (+19.64%) | ||
| 2023 | $11,755.00 (+10.61%) | $137,942 (+8.95%) Land $22,404 Building $115,538 | $413,868 (+8.95%) Land $67,219 Building $346,649 |
| 2022 | $10,627.00 | $126,607 Land $22,411 Building $104,196 | $379,859 Land $67,240 Building $312,619 |
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.
FEMA maps place 7540 Cascade Way in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective February 20, 2024 · 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 5 (25% premium discount) |
| Nearby Flood Policies | 3 in force |
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 risk around 7540 Cascade Way is low, with less than a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 97% of the US · lower than 79% of Illinois |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | GURNEE serves 30,193 people · EPA ID IL0970350 |
|---|---|
| Water Source | Purchased surface water from several systems |
| Last State Inspection | May 2025 |
| Lead | Under 1 ppb (2025) action level 15 ppb |
| 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.
Source: FCC Broadband Data Collection, based on 416 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 2,000 / 250 |
| Verizon Fixed Wireless | 300 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
| AT&T DSL | 100 / 20 |
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