Cook County property record for 311 E Illinois Ave, Palatine, IL 60067
| Property Type | General Industrial |
|---|---|
| Details | 11,952 sqft · built 1998 |
| Lot Size | 0.964 acres (42,000 sqft) |
| Owner | Company Name on File |
| Last Sale | $675,000 (Jan 2016) |
| Tax Bill | $22,318 (2023) |
| Deeds & Mortgages | Jun 2022 Line of Credit May 2019 Line of Credit |
| Flood Zone | Zone X (minimal risk) |
| APN | 02-26-103-011 |
| Primary APN | 02-26-103-011 |
|---|---|
| Alternative APN |
|
| Building Area | 11,952 sqft Gross Area |
|---|
| Year Built | Built 1998 |
|---|---|
| Effective Year Built | Effective 1998 |
| Lot Area | 42,000 sqft (0.964 acres) |
| Street Address | 311 E ILLINOIS AVE |
|---|---|
| City | PALATINE |
| State | IL |
| Zip | 60067-7132 |
| Property Category | Industrial |
| Property Type | Industrial > General Industrial |
| Legal Description | ARTHUR T. (MCINTOSH) & COS (PALATINE) ESTATE (UNIT2) IN NH NW SEC 26-42-10 |
| Legal Range | 10E |
| Legal Township | 42N |
| Legal Section | 26 |
| Legal Subdivision | MCINTOSH & COS PALATINE ESTATE UNIT2 |
| Legal Block | 9 |
| Legal Lot Number | 2 |
| Legal Unit | 2 |
| Jurisdiction | COOK IL |
| Township / Civil Division | PALATINE |
| Census Block Group | 2 |
| Census Block | 2000 |
| Census Tract | 804106 |
311 E Illinois Ave, an industrial property, is owned by a company that bought it in January 2016.
Source: Cook County records, as of May 27, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 311 E ILLINOIS AVE, PALATINE, IL 60067-7132 |
| Owner Type | Company |
| Vesting | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Jun 3, 2022 | Deed of Trust, Mortgage · Line of Credit CORNERSTONE NATIONAL BANK & TRUST CO |
| May 16, 2019 | Deed of Trust, Mortgage · Line of Credit CORNERSTONE NAT'L BK |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jan 6, 2016 · Amount on File |
| Deed Sale | Jan 6, 2016 · Amount on File |
| Prior Sale | Feb 23, 1995 · Amount on File |
| Deed Document Number | 201647232 |
| Prior Transfer Date | Jul 19, 1996 |
| Prior Transfer Doc | 0000000388 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | COOK IL |
| Property Address | 311 E ILLINOIS AVE, PALATINE, IL 60067-7132 |
| Transaction Type | Mortgage |
| Record Updated | Jun 15, 2022 |
| Name | Verified Name |
|---|---|
| Address | 1521 GALLOWAY DR, INVERNESS, IL 60010-5714 |
| Document Number | 0015417000 |
|---|---|
| Date | Jun 3, 2022 |
| Instrument | 2215417000 |
| Name | CORNERSTONE NATIONAL BANK & TRUST CO |
|---|---|
| Type | Bank |
| Address | PALATINE, IL 60067 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | COOK IL |
| Property Address | 311 E ILLINOIS AVE, PALATINE, IL 60067-7132 |
| Document Number | 1917018049 |
| Instrument Date | May 16, 2019 |
| Transaction Type | Mortgage |
| Record Updated | Jun 27, 2019 |
| Title Company | CHICAGO TITLE COMPANY, CHICAGO TITLE CO |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 1521 GALLOWAY DR INVERNESS IL 600105714, INVERNESS, IL 60010-5714 |
| Document Number | 1917018049 |
|---|---|
| Date | Jun 19, 2019 |
| Instrument | 17018049 |
| Name | CORNERSTONE NAT'L BK |
|---|---|
| Type | Bank |
| Address | PALATINE, IL 60067 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Rate Type | Adjustable Rate |
|---|
Source: Cook County assessment roll, as of May 27, 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Cook County |
| County Subdivision | Palatine Township |
| Municipality | Palatine Village |
| Elementary School District | Palatine Community Consolidated School District 15 (PK - 08) |
| Secondary School District | Township High School District 211 (09 - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $121,100 Land $42,000 Building $79,100 | $1,211,000 Land $420,000 Building $791,000 | |
| 2023 | $22,318.00 (+3.37%) | ||
| 2022 | $21,591.00 | $75,387 Land $25,200 Building $50,187 | $301,548 Land $100,800 Building $200,748 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
FEMA maps place 311 E Illinois Ave in Zone X, an area of minimal flood risk, though there have been 3 flood claims nearby since 1979.
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 |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Claims | 3 (1979–2008) |
| Claims Outside the SFHA | 3 of 3 |
| Most Recent Claim | Sep 2008 · rainfall accumulation |
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 risk around 311 E Illinois Ave is low, with less than a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 99.1% of the US · lower than 94% 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 | PALATINE serves 70,875 people · EPA ID IL0312340 |
|---|---|
| Water Source | Purchased surface water from NORTHWEST WATER COMMISSION |
| Last State Inspection | Feb 2026 |
| Lead | 9 ppb (2026) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None 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 169 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 | 300 / 20 |
| AT&T Fixed Wireless · DSL | 100 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
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