Cook County property record for 2040 W Algonquin Rd, Mount Prospect, IL 60056
| Property Type | Commercial |
|---|---|
| Lot Size | 2.21 acres (96,703 sqft) |
| Owner | Company Name on Record |
| Last Sale | $950,000 (Jun 2023) |
| Tax Bill | $16,407 (2023) |
| Deeds & Mortgages | Dec 2025 Mortgage Jun 2023 Mortgage + 3 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 08-15-400-047 |
| Primary APN | 08-15-400-047 |
|---|---|
| Alternative APN |
|
| Lot Area | 96,703 sqft |
|---|
| Street Address | 2040 W ALGONQUIN RD |
|---|---|
| City | MOUNT PROSPECT |
| State | IL |
| Zip | 60056-4604 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Legal Range | 11E |
| Legal Township | 41N |
| Legal Section | 15 |
| Legal Subdivision | EDWARD BUSSES DIVISION OF PT NE SEC22 |
| Legal Lot Number | 2 |
| Jurisdiction | COOK IL |
| Township / Civil Division | ELK GROVE |
| Census Block Group | 1 |
| Census Block | 1000 |
| Census Tract | 805108 |
Source: Cook County records, 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 Record |
|---|---|
| Mailing Address | 9100 CENTRE POINTE DR, 210, WEST CHESTER, OH 45069-4847 |
| Owner Type | Company |
| Vesting | Limited Liability Partnership |
| Date | Document |
|---|---|
| Dec 5, 2025 | Deed of Trust, Mortgage · Commercial Mortgage CEDAR RAPIDS BANK & TRUST CO |
| Jun 30, 2023 | Deed of Trust, Mortgage · Commercial Mortgage STONE TEMPLE MISSIONARY BAPTIST CHURCH |
| Jun 30, 2023 | Deed of Trust, Mortgage · Commercial Mortgage STONE TEMPLE MISSIONARY BAPTIST CHURCH |
| Jun 30, 2023 | Special Warranty Deed, Transfer · Unknown M1BANK |
| Mar 4, 2020 | Quit Claim Deed, Transfer ATTORNEY ONLY |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jun 30, 2023 · Amount on Record |
| Deed Sale | Jun 30, 2023 · Amount on Record |
| Deed Document Number | 202333412 |
| Prior Transfer Date | Jan 17, 2020 |
| Prior Transfer Doc | 0000015129 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | COOK IL |
| Property Address | 2040 W ALGONQUIN RD, MOUNT PROSPECT, IL 60056-4604 |
| Transaction Type | Mortgage |
| Record Updated | May 8, 2026 |
| Name | Verified Name |
|---|---|
| Address | 9100 CENTRE POINTE DR 210, 210, WEST CHESTER, OH 45069-4847 |
| Document Number | 0033909008 |
|---|---|
| Date | Dec 5, 2025 |
| Instrument | 2533909008 |
| Name | CEDAR RAPIDS BANK & TRUST CO |
|---|---|
| Type | Bank |
| Address | CEDAR RAPIDS, IA 52401 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 205 Months |
| Due | Jan 1, 2043 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | COOK IL |
| Property Address | 2040 W ALGONQUIN RD, MOUNT PROSPECT, IL 60056-4604 |
| Transaction Type | Mortgage |
| Record Updated | May 8, 2026 |
| Name | Verified Name |
|---|
| Document Number | 0018133418 |
|---|---|
| Date | Jun 30, 2023 |
| Instrument | 2318133418 |
| Name | STONE TEMPLE MISSIONARY BAPTIST CHURCH |
|---|---|
| Type | Non-Lending Institution |
| Address | CHICAGO, IL 60623 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 360 Months |
| Due | Jun 1, 2053 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | COOK IL |
| Property Address | 2040 W ALGONQUIN RD, MOUNT PROSPECT, IL 60056 |
| Transaction Type | Mortgage |
| Record Updated | Jul 12, 2023 |
| Name | Verified Name |
|---|
| Document Number | 0018133418 |
|---|---|
| Date | Jun 30, 2023 |
| Instrument | 2318133418 |
| Name | STONE TEMPLE MISSIONARY BAPTIST CHURCH |
|---|---|
| Type | Non-Lending Institution |
| Address | CHICAGO, IL 60623 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 360 Months |
| Due | Jun 1, 2053 |
| Document Type | Special Warranty Deed |
|---|---|
| Jurisdiction | COOK IL |
| Recording Date | Jun 30, 2023 |
| Property Address | 2040 W ALGONQUIN RD, MOUNT PROSPECT, IL 60056-4604 |
| Document Number | 0018133412 |
| Instrument Date | Jun 23, 2023 |
| Instrument | 2318133412 |
| Transaction Type | Transfer |
| Record Updated | May 8, 2026 |
| Title Company | ATTORNEY |
| Amount | Amount Recorded |
|---|---|
| Tax | $950.00 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 9100 CENTRE POINTE DR STE 210, 210, WEST CHESTER, OH 45069-4847 |
| Document Number | 0018133415 |
|---|---|
| Date | Jun 30, 2023 |
| Instrument | 2318133415 |
| Name | M1BANK |
|---|---|
| Type | Bank |
| Type | Unknown |
|---|---|
| Amount | Amount Recorded |
| Document Number | 0018133417 |
|---|---|
| Date | Jun 30, 2023 |
| Instrument | 2318133417 |
| Name | CEDAR RAPIDS BANK & TRUST CO |
|---|---|
| Type | Bank |
| Address | CEDAR RAPIDS, IA 52401 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 235 Months |
| Due | Jan 1, 2043 |
| Document Type | Quit Claim Deed |
|---|---|
| Jurisdiction | COOK IL |
| Recording Date | Mar 4, 2020 |
| Property Address | 2040 W ALGONQUIN RD, MOUNT PROSPECT, IL 60056 |
| Document Number | 2006415129 |
| Instrument Date | Jan 17, 2020 |
| Instrument | 6415129 |
| Transaction Type | Transfer |
| Record Updated | Mar 17, 2020 |
| Title Company | ATTORNEY ONLY |
| Tax | $0.00 |
|---|---|
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Corporate Trust |
| Address | 2040 W ALGONQUIN RD MOUNT PROSPECT IL 60056, MOUNT PROSPECT, IL 60056 |
Source: Cook County assessment roll, as of May 27, 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Cook County |
| County Subdivision | Elk Grove Township |
| Municipality | Mount Prospect Village |
| Secondary School District | Township High School District 214 (09 - 12) |
| Elementary School District | Community Consolidated School District 59 (PK - 08) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $456,000 (+624.15%) Land $121,096 Building $334,904 | $4,560,000 (+624.15%) Land $1,210,960 Building $3,349,040 | |
| 2023 | $16,407.00 (+4.15%) | ||
| 2022 | $15,753.00 (-12.44%) | $62,970 (-) Land $62,970 | $629,700 (-) Land $629,700 |
| 2021 | $17,992.00 | $62,970 Land $62,970 | $629,700 Land $629,700 |
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.
Source: FEMA National Flood Hazard Layer, effective February 11, 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
Values are read at the parcel center point; lenders make the official flood determination.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 98% of the US · lower than 86% 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.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | MOUNT PROSPECT serves 41,000 people · EPA ID IL0311980 |
|---|---|
| Water Source | Purchased surface water from NORTHWEST SUBURBAN MUNICIPAL JAWA |
| Last State Inspection | Aug 2025 |
| Lead | 2 ppb (2026–2028) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 11 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.
Source: FCC Broadband Data Collection, based on 318 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 2,000 / 250 |
| Astound Broadband Cable | 1,500 / 50 |
| Verizon Fixed Wireless | 1,000 / 75 |
| T-Mobile Fixed Wireless | 100 / 20 |
| AT&T DSL | 100 / 20 |
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