2323 E Rand Rd, Arlington Heights, IL 60004 Property Records

Cook County property record for 2323 E Rand Rd, Arlington Heights, IL 60004

Property Summary

Property TypeMotel
Details7,199 sqft · built 1955
Lot Size0.884 acres (38,514 sqft)
OwnerCompany Name on Record
Last Sale$1,260,000 (May 2026)
Tax Bill$54,177 (2023)
Deeds & MortgagesApr 2024 Mortgage
May 2026 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN03-21-402-003

Property Details

APN / Parcel Number

Primary APN03-21-402-003
Alternative APN
  • 03-21-402-003-0000

Interior

Units19 Units
Stories2 Stories
Building Area7,199 sqft Gross Area

Exterior

Year BuiltBuilt 1955
Effective Year BuiltEffective 1955
Lot Area38,514 sqft (0.884 acres)

Location & Zoning

Street Address2323 E RAND RD
CityARLINGTON HEIGHTS
StateIL
Zip60004-5873
Property CategoryCommercial
Property TypeCommercial > Retail > Motel
Legal Range11E
Legal Township42N
Legal Section21
JurisdictionCOOK IL
Township / Civil DivisionWHEELING
Census Block Group3
Census Block3000
Census Tract802900

Owner

Source: Cook County records, as of May 27, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on Record
Mailing Address50 S MAIN ST, 200, NAPERVILLE, IL 60540-5485
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Apr 26, 2024Deed of Trust, Mortgage · Commercial Mortgage
VILLAGE OF ARLINGTON HEIGHTS
May 13, 2026Deed, Transfer · Conventional Mortgage
CAPITAL COMMUNITY BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMay 13, 2026 · Amount on Record
Deed SaleMay 13, 2026 · Amount on Record
Deed Document Number202620094
Prior Transfer DateMay 20, 2016
Prior Transfer Doc0000049022
Record UpdatedOct 29, 2026

April 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address2323 E RAND RD, ARLINGTON HEIGHTS, IL 60004-5873
Transaction TypeMortgage
Record UpdatedMay 29, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0011707028
DateApr 26, 2024
Instrument2411707028
Lender
NameVILLAGE OF ARLINGTON HEIGHTS
TypeGovernment Agency
AddressARLINGTON HEIGHTS, IL 60005
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term63 Months
DueJun 30, 2029

May 2026: Deed, Transfer

Document TypeDeed
JurisdictionCOOK IL
Recording DateMay 13, 2026
Property Address2323 E RAND RD, ARLINGTON HEIGHTS, IL 60004-5873
Document Number0000020094
Instrument DateMay 6, 2026
Instrument2026.20094
Transaction TypeTransfer
Record UpdatedMay 20, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$190,890.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership

Mortgage

Document Number0000000020,
DateMay 13, 2026
Instrument2026.133.2026.133.20
Lender
NameCAPITAL COMMUNITY BANK
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate
Rate9.25%
Initial TypeAdjustable Rate
AdjustableAdjustable Rate Rider
Max Rate-1%

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
MunicipalityArlington Heights Village
CountyCook County
County SubdivisionWheeling Township
Secondary School DistrictTownship High School District 214 (09 - 12)
Elementary School DistrictProspect Heights School District 23 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$198,251 (+0.02%) Land $144,428 Building $53,823$793,004 (+0.02%) Land $577,712 Building $215,292
2023$54,177.00 (+4.73%)
2022$51,730.00$198,204 Land $144,427 Building $53,777$792,816 Land $577,708 Building $215,108

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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies1 in force
Nearby Flood Claims2 (1979–1987)
Claims Outside the SFHA2 of 2
Most Recent ClaimAug 1987 · Severe Storms & 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 RiskLow
lower than 98% of the US · lower than 86% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
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 SystemARLINGTON HEIGHTS
serves 73,320 people · EPA ID IL0314030
Water SourcePurchased surface water from several systems
Last State InspectionApr 2024
Lead8 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting24
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 235 locations within half a mile, as of December 31, 2025

ProviderMax 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 · Fiber, Fixed Wireless in parts of the area
100 / 20

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