2240 S Busse Rd, Mount Prospect, IL 60056 Property Records

Cook County property record for 2240 S Busse Rd, Mount Prospect, IL 60056

Property Summary

Property TypeGeneral Industrial
Lot Size5.38 acres (234,788 sqft)
OwnerCompany Name on Record
Last Sale$20,025,000 (Feb 2024)
Tax Bill$242,939 (2023)
Deeds & MortgagesJan 2026 Mortgage
Apr 2022 Sale & Construction Loan
+ 2 more
Flood ZoneZone X (minimal risk)
APN08-22-401-019

Property Details

APN / Parcel Number

Primary APN08-22-401-019
Alternative APN
  • 08-22-401-019-0000

Exterior

Lot Area234,788 sqft

Location & Zoning

Street Address2240 S BUSSE RD
CityMOUNT PROSPECT
StateIL
Zip60056-5543
Property CategoryIndustrial
Property TypeIndustrial > General Industrial
Legal Range11E
Legal Township41N
Legal Section22
JurisdictionCOOK IL
Township / Civil DivisionELK GROVE
Census Block Group4
Census Block4000
Census Tract805107

Owner

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 RecordCompany Name on Record
Mailing AddressPO BOX 847, CARLSBAD, CA 92018-0847
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Jan 12, 2026Deed of Trust, Mortgage · Commercial Mortgage
WILMINGTON TRUST NA
Apr 19, 2022Special Warranty Deed, Construction Loan · Construction Mortgage
ATLANTIC CAPITAL BANK NA
Oct 10, 2019Grant Deed, Transfer
ATTORNEY ONLY
Mar 22, 2018Grant Deed, Mortgage · Line of Credit
WILMINGTON TR

Assessor's Deed Record

Deed NamesName on Deed
Last SaleFeb 23, 2024 · Amount on Record
Deed SaleFeb 23, 2024 · Amount on Record
Prior SaleApr 19, 2022
Deed Document Number202422049
Record UpdatedOct 29, 2026

January 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address2240 S BUSSE RD, MOUNT PROSPECT, IL 60056-5543
Transaction TypeMortgage
Record UpdatedJan 29, 2026
Title CompanyFIDELITY NATIONAL TITLE, FIDELITY NATIONAL TTL GROUP

Transferred To (Grantee/Buyer)

NameVerified Name
Address400 CONTINENTAL BLVD 500, 500, EL SEGUNDO, CA 90245-5078

Mortgage

Document Number0001218087
DateJan 12, 2026
Instrument2601218087
Lender
NameWILMINGTON TRUST NA
TypeBank
AddressWILMINGTON, DE 19890
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

April 2022: Special Warranty Deed, Construction Loan

Document TypeSpecial Warranty Deed
JurisdictionCOOK IL
Recording DateApr 19, 2022
Property Address2240 S BUSSE RD, MOUNT PROSPECT, IL 60056-5543
Document Number0010904263
Instrument DateApr 11, 2022
Instrument2210904263
Transaction TypeConstruction Loan
Record UpdatedApr 9, 2024
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount Recorded
Tax$4,391.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0010904264
DateApr 19, 2022
Instrument2210904264
Lender
NameATLANTIC CAPITAL BANK NA
TypeBank
Agreement
TypeConstruction Mortgage
AmountAmount Recorded
Term36 Months
DueApr 10, 2025

October 2019: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionCOOK IL
Recording DateOct 10, 2019
Property Address2240 S BUSSE RD, MOUNT PROSPECT, IL 60056-5543
Document Number1928355187
Instrument DateAug 30, 2019
Instrument28355187
Transaction TypeTransfer
Record UpdatedOct 17, 2019
Title CompanyATTORNEY ONLY

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1637 BALMORAL LN INVERNESS IL 600674705, INVERNESS, IL 60067-4705

March 2018: Grant Deed, Mortgage

Document TypeGrant Deed
JurisdictionCOOK IL
Recording DateMar 22, 2018
Property Address2240 S BUSSE RD, MOUNT PROSPECT, IL 60056-5543
Document Number1808101187
Instrument DateNov 30, 2017
Instrument8101187
Transaction TypeMortgage
Record UpdatedApr 2, 2018
Title CompanyFIDELITY NATIONAL TITLE

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2141 ROSECRANS AVE #2100 EL SEGUNDO CA 902454821, 2100, EL SEGUNDO, CA 90245-4821

Mortgage

Document Number1808101187
DateMar 22, 2018
Instrument8101187
Lender
NameWILMINGTON TR
Address1100 N MARKET ST, WILMINGTON, DE 19890-1100
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionElk Grove Township
MunicipalityMount Prospect Village
Secondary School DistrictTownship High School District 214 (09 - 12)
Elementary School DistrictCommunity Consolidated School District 59 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,024,700 (+412.98%) Land $376,010 Building $648,690$10,247,000 (+412.98%) Land $3,760,100 Building $6,486,900
2023$242,939.00 (+317.61%)
2022$58,174.00$199,755 Land $199,755$1,997,550 Land $1,997,550

Assessed value is set for property tax purposes, not a market price estimate; it is 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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims5 (1978–2011)
Claims Outside the SFHA1 of 5
Most Recent ClaimJul 2011 · river or lake flooding

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 RiskNot rated
no burnable land within 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 SystemMOUNT PROSPECT
serves 41,000 people · EPA ID IL0311980
Water SourcePurchased surface water from NORTHWEST SUBURBAN MUNICIPAL JAWA
Last State InspectionAug 2025
Lead2 ppb (2026–2028)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting11
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 328 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20
AT&T
DSL · Fixed Wireless in parts of the area
100 / 20

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