1300 E Higgins Rd, Schaumburg, IL 60173 Property Records

Cook County property record for 1300 E Higgins Rd, Schaumburg, IL 60173

Property Summary

Property Type	Motel
Details	52,836 sqft · built 1989
Lot Size	2.43 acres (106,286 sqft)
Owner	Company Name on File
Last Sale	$5,500,000 (Oct 2025)
Tax Bill	$240,640 (2023)
Deeds & Mortgages	Oct 2025 Sale & Mortgage Oct 2022 Sale & Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`07-13-300-034`

Property Details

APN / Parcel Number

Primary APN	`07-13-300-034`
Alternative APN	`07-13-300-034-0000`

Interior

Building Area	52,836 sqft Gross Area

Exterior

Year Built	Built 1989
Effective Year Built	Effective 1989
Lot Area	106,286 sqft

Location & Zoning

Street Address	1300 E HIGGINS RD
City	SCHAUMBURG
State	IL
Zip	60173-4938
Property Category	Commercial
Property Type	Commercial > Retail > Motel
Legal Range	10E
Legal Township	41N
Legal Section	13
Legal Subdivision	SCHAUMBURG
Legal Block	300
Jurisdiction	COOK IL
Township / Civil Division	SCHAUMBURG
Census Block Group	3
Census Block	3047
Census Tract	804603

Owner

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

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on File
Mailing Address	1300 E HIGGINS RD, SCHAUMBURG, IL 60173-4938
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Oct 29, 2025	Special Warranty Deed, Transfer · Commercial Mortgage MERCHANTS BANK OF INDIANA
Oct 12, 2022	Warranty Deed, Transfer · Commercial Mortgage BANK OF WISCONSIN DELLS
Feb 19, 2020	Grant Deed, Transfer · Line of Credit TOWN & CNTRY BK
Feb 19, 2020	Special Warranty Deed, Transfer · Line of Credit TOWN AND COUNTRY BANK
Oct 3, 2017	Grant Deed, Transfer INTERBANK

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Oct 29, 2025 · Amount on Record
Deed Sale	Oct 29, 2025 · Amount on Record
Prior Sale	Feb 19, 2020 · Amount on Record
Deed Document Number	202524154
Record Updated	Sep 20, 2026

October 2025: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	COOK IL
Recording Date	Oct 29, 2025
Property Address	1300 E HIGGINS RD, SCHAUMBURG, IL 60173-4938
Document Number	0030224154
Map Reference	DOC 91144294
Instrument Date	Oct 24, 2025
Instrument	2530224154
Transaction Type	Transfer
Record Updated	Apr 2, 2026
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$5,500.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	335 DRIFTWOOD ST, WEST SALEM, WI 54669-2208

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1300 E HIGGINS RD, SCHAUMBURG, IL 60173-4938

Mortgage

Document Number	0030224155
Date	Oct 29, 2025
Instrument	2530224155

Lender

Name	MERCHANTS BANK OF INDIANA
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	306 Months
Due	Apr 24, 2051

October 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Oct 12, 2022
Property Address	1300 E HIGGINS RD, SCHAUMBURG, IL 60173-4938
Document Number	0028546205
Map Reference	DOC 91144294
Instrument Date	Oct 3, 2022
Instrument	2228546205
Transaction Type	Transfer
Record Updated	Oct 24, 2022
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$7,000.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1300 E HIGGINS RD, SCHAUMBURG, IL 60173-4938

Mortgage

Document Number	0028546206
Date	Oct 12, 2022
Instrument	2228546206

Lender

Name	BANK OF WISCONSIN DELLS
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	36 Months
Due	Oct 3, 2025

Interest

Rate	5.59%

February 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	COOK IL
Recording Date	Feb 19, 2020
Property Address	1300 E HIGGINS RD, SCHAUMBURG, IL 60173-4938
Document Number	2005015076
Instrument Date	Feb 7, 2020
Instrument	5015076
Transaction Type	Transfer
Record Updated	Mar 3, 2020
Title Company	GREATER ILLINOIS TITLE COMPANY, GREATER ILLINOIS TITLE CO

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$4,875.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	160 LOS LAGOS DR BLOOMINGDALE IL 601083046, BLOOMINGDALE, IL 60108-3046

Mortgage

Document Number	2005015077
Date	Feb 19, 2020
Instrument	5015077

Lender

Name	TOWN & CNTRY BK
Type	Bank
Address	PO BOX 13255, SPRINGFIELD, IL 62791-3255

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	120 Months
Due	Feb 18, 2030

Interest

Rate Type	Adjustable Rate

February 2020: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	COOK IL
Recording Date	Feb 19, 2020
Property Address	1300 E HIGGINS RD, SCHAUMBURG, IL 60173-4938
Document Number	0005015076
Map Reference	DOC 91144294
Instrument Date	Feb 7, 2020
Instrument	2005015076
Transaction Type	Transfer
Record Updated	Apr 22, 2022
Title Company	GREATER ILLINOIS TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$4,875.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	3048 N GRAND BLVD, 3048, OKLAHOMA CITY, OK 73107-1818

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	957 N PLUM GROVE RD STE B, B, SCHAUMBURG, IL 60173-4785

Mortgage

Document Number	0005015077
Date	Feb 19, 2020
Instrument	2005015077

Lender

Name	TOWN AND COUNTRY BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	132 Months
Due	Feb 14, 2031

October 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	COOK IL
Recording Date	Oct 3, 2017
Property Address	1300 E HIGGINS RD, SCHAUMBURG, IL 60173-4938
Document Number	1727641044
Instrument Date	Oct 2, 2017
Instrument	27641044
Transaction Type	Transfer
Record Updated	Oct 19, 2017
Title Company	OTHER

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$2,875.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	3048 N GRAND BLVD OKLAHOMA CITY OK 731071818, OKLAHOMA CITY, OK 73107-1818

Mortgage

Document Number	1727641045
Date	Oct 3, 2017
Instrument	27641045

Lender

Name	INTERBANK
Type	Bank
Address	PO BOX 5258, ENID, OK 73702-5258

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
County Subdivision	Schaumburg Township
Municipality	Schaumburg Village
Secondary School District	Township High School District 211 (09 - 12)
Elementary School District	Schaumburg Community Consolidated School District 54 (PK - 08)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$1,408,631 (+63.98%) Land $478,058 Building $930,573	$5,634,524 (+63.98%) Land $1,912,232 Building $3,722,292
2023	$240,640.00 (+5.67%)	$859,049 (+2.47%) Land $305,425 Building $553,624	$3,436,196 (+2.47%) Land $1,221,700 Building $2,214,496
2022	$227,727.00	$838,339 Land $305,425 Building $532,914	$3,353,356 Land $1,221,700 Building $2,131,656

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 11, 2026 · 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
Nearby Flood Policies	5 in force
Nearby Flood Claims	2 (1979–2020)
Most Recent Claim	May 2020 · rainfall accumulation

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 Risk	Not rated no burnable land within ember reach

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	SCHAUMBURG serves 75,750 people · EPA ID IL0314890
Water Source	Purchased surface water from NORTHWEST SUBURBAN MUNICIPAL JAWA
Last State Inspection	Mar 2025
Lead	Under 1 ppb (2024–2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	3 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 207 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Radiate Holdings Cable	1,500 / 50
T-Mobile USA Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Verizon.

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