7557 Cascade Way, Gurnee, IL 60031 Property Records

Lake County property record for 7557 Cascade Way, Gurnee, IL 60031

Property Summary

Property TypeSingle Family Home
Details4 bd · 2.5 ba · 2,709 sqft · built 1997
Lot Size0.28 acres (12,197 sqft)
Owner2 Individual Names on File
Last Sale$335,000 (Jun 2019)
Tax Bill$13,169 (2024)
Deeds & MortgagesJan 2022 Mortgage
Sep 2019 Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN07-19-207-001

Property Details

APN / Parcel Number

Primary APN07-19-207-001

Interior

Bedrooms4 Beds
Full Baths2.5 Baths
Half Baths1 Half Bath
Plumbing Fixtures11 Plumbing Fixtures
Stories2 Stories
Building Area2,709 sqft Living Area
Gross Area4,659 sqft
1st Floor Area1,332 sqft
2nd Floor Area1,377 sqft
Upper Floors Area1,377 sqft
Basement Area1,322 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1997
Effective Year BuiltEffective 1997
Architectural StyleConventional
Exterior MaterialWood Siding
Construction TypeFrame
Roof MaterialComposition Shingle
Lot Area12,197 sqft (0.28 acres)
Garage TypeAttached
Garage Area628 sqft
Parking Spaces2 Parking Spaces
PorchOpen Porch
Porch Area60 sqft
Patio Area260 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C

Location & Zoning

Street Address7557 CASCADE WAY
CityGURNEE
StateIL
Zip60031-5645
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionKINGSPORT WOODS; LOT 15
Legal SubdivisionKINGSPORT WOODS
Legal Lot Number15
JurisdictionLAKE IL
Township / Civil DivisionWARREN
Census Block Group2
Census Block2011
Census Tract861611

Owner

7557 Cascade Way is owned and occupied by two individuals who bought it in June 2019.

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

Owner of Record2 Individual Names on File
Mailing Address7557 CASCADE WAY, GURNEE, IL 60031-5645
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

DateDocument
Jan 12, 2022Deed of Trust, Mortgage · Conventional Mortgage
JPMORGAN CHASE BANK NA
Sep 26, 2019Deed of Trust, Mortgage · ARM
DRAPER & KRAMER MORTGAGE CORP
Jun 11, 2019Deed, Transfer · ARM
DRAPER & KRAMER MORTGAGE CORP

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJun 11, 2019 · Amount on File
Deed SaleJun 11, 2019 · Amount on File
Prior SaleApr 12, 2013 · Amount on File
Deed Document Number20197568057
Prior Transfer DateJun 2, 2015
Prior Transfer Doc0007201107
Record UpdatedOct 29, 2026

January 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address7557 CASCADE WAY, GURNEE, IL 60031-5645
Transaction TypeMortgage
Record UpdatedApr 2, 2026
Title CompanyAMROCK INC

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0007861347
DateJan 12, 2022
Instrument7861347
Lender
NameJPMORGAN CHASE BANK NA
TypeBank
Address53240
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term179 Months
DueDec 1, 2036

September 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address7557 CASCADE WAY, GURNEE, IL 60031-5645
Transaction TypeMortgage
Record UpdatedFeb 5, 2021
Title CompanyBURNET TITLE POST CLOSING

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0007595809
DateSep 26, 2019
Instrument7595809
Lender
NameDRAPER & KRAMER MORTGAGE CORP
TypeMortgage Company
AddressDOWNERS GROVE, IL 60515
Agreement
TypeARM
AmountAmount on Record
Term357 Months
DueJun 1, 2049
Interest
Rate TypeAdjustable Rate
Rate3.99%
Type Change DateJun 1, 2029
Change FrequencyAnnually
Min Rate At Change2.25%
Max Rate At Change8.99%
Index1-Year LIBOR
Max Rate8.99%

June 2019: Deed, Transfer

Document TypeDeed
JurisdictionLAKE IL
Recording DateJun 11, 2019
Property Address7557 CASCADE WAY, GURNEE, IL 60031-5645
Document Number0007568057
Map ReferenceDOC 3723419
Instrument DateMay 28, 2019
Instrument7568057
Transaction TypeTransfer
Record UpdatedMar 17, 2022
Title CompanyBURNET TITLE POST CLOSING

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$335.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address7557 CASCADE WAY, 7557, GURNEE, IL 60031-5645

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants by the Entirety
Address7557 CASCADE WAY, GURNEE, IL 60031-5645

Mortgage

Document Number0007568058
DateJun 11, 2019
Instrument7568058
Lender
NameDRAPER & KRAMER MORTGAGE CORP
TypeMortgage Company
Agreement
TypeARM
AmountAmount on Record
Term360 Months
DueJun 1, 2049
Interest
Rate TypeAdjustable Rate
Rate3.99%
Type Change DateJun 1, 2029
Change FrequencyAnnually
Min Rate At Change2.25%
Max Rate At Change8.99%
Index1-Year LIBOR
Max Rate8.99%

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$172,672 Land $34,824 Building $137,848$518,067 Land $104,482 Building $413,585
2024$13,169.00 (+19.1%)
2023$11,057.00 (+10.63%)$129,610 (+8.51%) Land $26,140 Building $103,470$388,869 (+8.51%) Land $78,428 Building $310,441
2022$9,995.00$119,442 Land $26,147 Building $93,295$358,362 Land $78,449 Building $279,913

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 7557 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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies3 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

Wildfire risk around 7557 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 RiskLow
lower than 97% of the US · lower than 79% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond 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 416 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
100 / 20

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