1502 E Cedar Ln, Mount Prospect, IL 60056 Property Records

Cook County property record for 1502 E Cedar Ln, Mount Prospect, IL 60056 · Last verified June 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	4 Beds
Bathrooms	2.5 Baths
Year Built	Built 1964
Square Footage	1,984 sqft Living Area
Lot Size	8,682 sqft (0.199 acres)
Occupancy	Owner Occupied
Last Sale	$280,000 (2014)
Tax Bill	$9,808.00 (2023)

Property Details

APN / Parcel Number

Primary APN	`03-26-405-016`
Alternative APN	`03-26-405-016-0000`

Interior

Bedrooms	4 Beds
Full Baths	2.5 Baths
Partial Baths	1 Partial Baths
Total Rooms	7 Rooms
Building Area	1,984 sqft Living Area
Stories	2 Stories
Fireplace	Fireplace
Fireplaces	1 Fireplaces

Exterior

Year Built	Built 1964
Effective Year Built	Effective 1964
Architectural Style	Split Level Style
Exterior Material	Wood Exterior
Construction Type	Frame Construction
Roof Material	Asphalt Roof
Lot Area	8,682 sqft (0.199 acres)
Parking Spaces	2 Parking Spaces
Garage Type	Attached Garage

Utilities and HVAC

Cooling System	Central Cooling
Heating System	HVAC Heating

Location & Zoning

Street Address	1502 E CEDAR LN
City	MOUNT PROSPECT
State	IL
Zip	60056-1516
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	(BRICKMAN) MANOR (FIRST) ADD (UNIT1) SUB OF PT EH SE SEC27 & PT WH SW SEC26 EH SE SEC 27-42-11
Legal Range	11E
Legal Township	42N
Legal Section	27
Legal Subdivision	BRICKMAN MANOR FIRST ADD UNIT1
Legal Lot Number	H
Legal Unit	1
Jurisdiction	COOK IL
Minor Civil Division	WHEELING
Census Blockgroup	4
Census Block	4007
Census Tract	802701

Owner

Source: Cook County records · APN 03-26-405-016

Assessment roll updated May 27, 2026 · Last verified June 2026

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

Owner of Record	Individual Name on File
Mailing Address	1502 E CEDAR LN, MOUNT PROSPECT, IL 60056-1516
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Sep 09, 2014 · Amount on Record
Deed Sale	Sep 09, 2014 · Amount on Record
Deed Doc Number	201455077
Prior Transfer Date	May 15, 2011
Prior Transfer Doc	0000050109
Record Refreshed	Sep 20, 2026

December 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	1502 E CEDAR LN, MOUNT PROSPECT, IL 60056-1516
Document Number	2101112041
Instrument Date	Dec 02, 2020
Transaction Type	Mortgage
Record Updated	Jan 20, 2021
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE CO

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenant By Entirety
Address	1502 E CEDAR LN MOUNT PROSPECT IL 600561516, MOUNT PROSPECT, IL 60056-1516

Mortgage

Document Number	2101112041
Date	Jan 11, 2021
Instrument	1112041

Lender

Name	LOANDEPOT.COM LLC
Type	Funding / Finance Company
Address	FOOTHILL RANCH, CA 92610

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	300 Months
Due	Jan 10, 2046

Interest

Rate	2.99%

Tax Assessment & Valuation

Source: Cook County records · Assessment roll updated May 27, 2026 · Last verified June 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
County Subdivision	Wheeling Township
Municipality	Mount Prospect Village
Secondary School District	Township High School District 214 (09 - 12)
Elementary School District	River Trails School District 26 (PK - 08)

Tax Bill & Assessment History

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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$50,000 (+38.95%) Land $9,116 Building $40,884	$500,000 (+38.95%) Land $91,160 Building $408,840
2023	$9,808.00 (+4.57%)
2022	$9,379.00 Homeowner's exemption	$35,985 Land $7,813 Building $28,172	$359,850 Land $78,130 Building $281,720