Cook County property record for 2050 Progress Pkwy, Schaumburg, IL 60196
| Property Type | Commercial |
|---|---|
| Owner | Individual Name on Record |
| Last Sale | $50,072,000 (Jan 2020) |
| Tax Bill | $774,209 (2023) |
| Flood Zone | Zone X (minimal risk) |
| APN | 07-11-203-001 |
| Primary APN | 07-11-203-001 |
|---|---|
| Alternative APN |
|
| Street Address | 2050 PROGRESS PKWY |
|---|---|
| City | SCHAUMBURG |
| State | IL |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Legal Subdivision | TOWNE CENTER AT VERIDIAN |
| Jurisdiction | COOK IL |
| Township / Civil Division | SCHAUMBURG |
| Census Block Group | 1 |
| Census Block | 1006 |
| Census Tract | 804603 |
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 | Individual Name on Record |
|---|---|
| Mailing Address | 8750 N CENTRAL EXPY, DALLAS, TX 75231-6436 |
| Owner Type | Individual |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jan 27, 2020 · Amount on Record |
| Deed Sale | Jan 27, 2020 · Amount on Record |
| Deed Document Number | 202045067 |
| Record Updated | Sep 20, 2026 |
Source: Cook County assessment roll, as of May 27, 2026
| 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) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $4,760,615 (+72.25%) Land $3,483,104 Building $1,277,511 | $19,042,460 (+72.25%) Land $13,932,416 Building $5,110,044 | |
| 2023 | $774,209.00 (+3.12%) | ||
| 2022 | $750,764.00 | $2,763,810 Land $967,528 Building $1,796,282 | $11,055,240 Land $3,870,112 Building $7,185,128 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
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 |
|---|---|
| Nearest Special Flood Hazard Area | Zone AE, within 500 ft |
| Flood Insurance Requirement | Not required lenders may require it |
| Community Rating System | Class 7 (15% premium discount) |
| Nearby Flood Policies | 5 in force |
| Nearby Flood Claims | 9 (1982–2017) |
| Claims Outside the SFHA | 2 of 9 |
| Most Recent Claim | Apr 2017 |
| Claims by Event |
|
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.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within 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 | 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 |
| 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.
Source: FCC Broadband Data Collection, based on 15 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 2,000 / 250 |
| AT&T Fixed Wireless · Fiber in parts of the area | 100 / 20 |
May also be available: Astound Broadband, Verizon.
Search by:
By searching, you agree to: Terms • Privacy • Disclosures