111 E Busse Ave, Mount Prospect, IL 60056 Property Records

Cook County property record for 111 E Busse Ave, Mount Prospect, IL 60056

Property Summary

Property TypeCommercial Building, Warehouse, Showroom
Details88,173 sqft · built 1978
Lot Size2.18 acres (94,961 sqft)
OwnerCompany Name on File
Last Sale$5,000,000 (May 2025)
Tax Bill$200,212 (2023)
Deeds & MortgagesDec 2021 Mortgage
Nov 2020 Loan Modification
+ 2 more
Flood ZoneZone X (minimal risk)
APN08-12-109-028

Property Details

APN / Parcel Number

Primary APN08-12-109-028
Alternative APN
  • 08-12-109-028-0000

Interior

Units14 Units
Building Area88,173 sqft Gross Area

Exterior

Year BuiltBuilt 1978
Effective Year BuiltEffective 1978
Architectural StyleHigh Rise
Lot Area94,961 sqft

Location & Zoning

Street Address111 E BUSSE AVE, 5
CityMOUNT PROSPECT
StateIL
Zip60056-3250
Property CategoryCommercial
Property TypeCommercial > Retail > Commercial Building, Warehouse, Showroom
Legal Range11E
Legal Township41N
Legal Section12
Legal SubdivisionMOUNT PROSPECT ST BK RESUB 02
Legal Lot Number1
JurisdictionCOOK IL
Township / Civil DivisionELK GROVE
Census Block Group1
Census Block1017
Census Tract804901

Owner

111 E Busse Ave is owned by a company that bought it in May 2025.

Source: Cook County records, as of May 27, 2026

Owner of RecordCompany Name on File
Mailing Address50 S EMERSON ST, MOUNT PROSPECT, IL 60056-3218
Owner TypeCompany
VestingCompany

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
Dec 23, 2021Deed of Trust, Mortgage · Commercial Mortgage
BENEFIT OF NPI DEBT
Nov 21, 2020Loan Modification, Mortgage
GRAND RIDGE NAT'L BK
Aug 28, 2018Warranty Deed, Transfer · Line of Credit
GRAND RIDGE NAT'L BK
Feb 21, 2018Deed of Trust, Mortgage
DEUTSCHE BK TR CO AMERICAS

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMay 22, 2025 · Amount on File
Deed SaleMay 22, 2025 · Amount on File
Prior SaleSep 12, 2014 · Amount on File
Deed Document Number202516010
Prior Transfer DateOct 21, 2014
Prior Transfer Doc0000044035
Record UpdatedOct 29, 2026

December 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address111 E BUSSE AVE, MOUNT PROSPECT, IL 60056-3250
Transaction TypeMortgage
Record UpdatedJan 6, 2022
Title CompanyOLD REPUBLIC TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0035701267
DateDec 23, 2021
Instrument2135701267
Lender
NameBENEFIT OF NPI DEBT
TypeNon-Lending Institution
AddressNEWPORT BEACH, CA 92660
Agreement
TypeCommercial Mortgage
AmountAmount on Record

November 2020: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionCOOK IL
Property Address111 E BUSSE AVE, MOUNT PROSPECT, IL 60056-3250
Document Number2101107191
Instrument DateNov 21, 2020
Transaction TypeMortgage
Record UpdatedJan 22, 2021
Title CompanyOTHER

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2010 DEERFIELD RD RIVERWOODS IL 600152521, RIVERWOODS, IL 60015-2521

Mortgage

Document Number2101107191
DateJan 11, 2021
Instrument1107191
Lender
NameGRAND RIDGE NAT'L BK
TypeBank
Address500 S COUNTY FARM RD, WHEATON, IL 60187-2415
Agreement
AmountAmount on Record

August 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCOOK IL
Recording DateAug 28, 2018
Property Address111 E BUSSE AVE, MOUNT PROSPECT, IL 60056-3250
Document Number1824049133
Instrument DateAug 15, 2018
Instrument24049133
Transaction TypeTransfer
Record UpdatedJan 22, 2021
Title CompanyFREEDOM TITLE

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2010 DEERFIELD RD RIVERWOODS IL 600152521, RIVERWOODS, IL 60015-2521

Mortgage

Document Number1824049134
DateAug 28, 2018
Instrument24049134
Lender
NameGRAND RIDGE NAT'L BK
TypeBank
Address500 S COUNTY FARM RD, WHEATON, IL 60187-2415
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate
Rate5%

February 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address111 E BUSSE AVE, MOUNT PROSPECT, IL 60056-3250
Document Number1810617218
Instrument DateFeb 21, 2018
Transaction TypeMortgage
Record UpdatedApr 26, 2018
Title CompanyATTORNEY ONLY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address111 E BUSSE AVE #EVE MOUNT PROSPECT IL 600563250, MOUNT PROSPECT, IL 60056-3250

Mortgage

Document Number1810617218
DateApr 16, 2018
Instrument10617218
Lender
NameDEUTSCHE BK TR CO AMERICAS
TypeBank
AddressNEW YORK, NY 10005
Agreement
AmountAmount on Record

Tax Assessment & Valuation

Source: Cook County assessment roll, as of May 27, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionElk Grove Township
MunicipalityMount Prospect Village
Secondary School DistrictTownship High School District 214 (09 - 12)
Elementary School DistrictMount Prospect School District 57 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,185,250 Land $415,043 Building $770,207$4,741,000 Land $1,660,172 Building $3,080,828
2023$200,212.00 (+2.78%)
2022$194,799.00$727,297 Land $355,751 Building $371,546$2,909,188 Land $1,423,004 Building $1,486,184

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 111 E Busse Ave in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 1990.

Source: FEMA National Flood Hazard Layer, effective February 11, 2026 · 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 6 (20% premium discount)
Nearby Flood Policies2 in force
Nearby Flood Claims1 (1990)
Most Recent ClaimAug 1990 · other causes

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 111 E Busse Ave 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 SystemMOUNT PROSPECT
serves 41,000 people · EPA ID IL0311980
Water SourcePurchased surface water from NORTHWEST SUBURBAN MUNICIPAL JAWA
Last State InspectionAug 2025
Lead2 ppb (2026–2028)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting11
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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 519 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · DSL · Fixed Wireless in parts of the area
5,000 / 5,000
Xfinity
Cable
2,000 / 250
Astound Broadband
Cable
1,500 / 50
Verizon
Fixed Wireless
1,000 / 75
T-Mobile
Fixed Wireless
100 / 20

Nearby Properties on E Busse Ave

Nearby Streets

Search Property Records by Address or Parcel Number