150 N River Rd, Des Plaines, IL 60016 Property Records

Cook County property record for 150 N River Rd, Des Plaines, IL 60016

Property Summary

Property Type	Apartments (5+ Units)
Details	324 bd · 405,484 sqft · built 2020
Owner	Company Name on Record
Last Sale	$58,700,000 (Sep 2023)
Tax Bill	$1,055,769 (2023)
Deeds & Mortgages	Jul 2026 Mortgage Sep 2023 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`09-09-402-039`

Property Details

APN / Parcel Number

Primary APN	`09-09-402-039`
Alternative APN	`09-09-402-039-0000`

Interior

Bedrooms	324 Beds
Units	210 Units
Building Area	405,484 sqft Living Area

Exterior

Year Built	Built 2020
Effective Year Built	Effective 2020

Location & Zoning

Street Address	150 N EAST RIVER RD
City	DES PLAINES
State	IL
Zip	60016-1235
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Subdivision	COVINGTON LEXINGTON WOODS BEING
Jurisdiction	COOK IL
Township / Civil Division	MAINE
Census Block Group	2
Census Block	2012
Census Tract	806104

Owner

Source: Cook County records, as of August 10, 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 Record
Mailing Address	80 E RICH ST, 120, COLUMBUS, OH 43215-5249
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Jul 23, 2026	Deed of Trust, Mortgage · Conventional Mortgage ILLINOIS HOUSING DEV AUTHORITY
Sep 20, 2023	Special Warranty Deed, Transfer · Commercial Mortgage BELLWETHER ENTERPRISE REAL ESTATE C

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 20, 2023 · Amount on Record
Deed Sale	Sep 20, 2023 · Amount on Record
Deed Document Number	202322024
Record Updated	Sep 20, 2026

July 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Recording Date	Jul 23, 2026
Property Address	150 N EAST RIVER RD, DES PLAINES, IL 60016-1235
Document Number	0000020027
Instrument Date	Jul 20, 2026
Instrument	202620027
Transaction Type	Mortgage
Record Updated	Aug 10, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266
Address	2200 E GOLF RD, DES PLAINES, IL 60016-1246

Mortgage

Document Number	0000020027,
Date	Jul 23, 2026
Instrument	202620027

Lender

Name	ILLINOIS HOUSING DEV AUTHORITY

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Interest

Rate	6.47%
Max Rate	-1%

September 2023: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	COOK IL
Recording Date	Sep 20, 2023
Property Address	150 N EAST RIVER RD, DES PLAINES, IL 60016-1235
Document Number	0026322024
Map Reference	DOC 1905818063
Instrument Date	Sep 12, 2023
Instrument	2326322024
Transaction Type	Transfer
Record Updated	May 8, 2026
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$58,700.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	30 S WACKER DR STE 2750, 2750, CHICAGO, IL 60606-7533

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	80 E RICH ST # 120, 120, COLUMBUS, OH 43215-5249

Mortgage

Document Number	0026322025
Date	Sep 20, 2023
Instrument	2326322025

Lender

Name	BELLWETHER ENTERPRISE REAL ESTATE C
Type	Non-Lending Institution

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	61 Months
Due	Oct 1, 2028

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
County Subdivision	Maine Township
Municipality	Des Plaines City
Elementary School District	Des Plaines Community Consolidated School District 62 (PK - 08)
Secondary School District	Maine Township High School District 207 (09 - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$6,141,300 (+53.37%) Land $225,350 Building $5,915,950	$61,413,000 (+53.37%) Land $2,253,500 Building $59,159,500
2023	$1,055,769.00 (+2.46%)
2022	$1,030,382.00 (-15.12%)	$4,004,363 (+1.4%) Land $450,699 Building $3,553,664	$40,043,630 (+1.4%) Land $4,506,990 Building $35,536,640
2021	$1,213,911.00	$3,949,138 Land $450,699 Building $3,498,439	$39,491,380 Land $4,506,990 Building $34,984,390

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
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	3 in force
Nearby Flood Claims	37 (1979–2020)
Claims Outside the SFHA	11 of 37
Most Recent Claim	May 2020
Claims by Event	Severe Storms, Straight-line Winds, And Flooding, Apr 2013 · 4 claims Severe Storms And Flooding, Sep 2008 · 4 claims Severe Storms & Flooding, Aug 1987 · 9 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 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.

Drinking Water

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

Water System	DES PLAINES serves 60,675 people · EPA ID IL0310630
Water Source	Purchased surface water from several systems
Last State Inspection	Jan 2026
Lead	6 ppb (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	4 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 104 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
Starlink Satellite	280 / 30
T-Mobile Fixed Wireless	100 / 20

May also be available: AT&T.

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