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318 N 3rd Ave, Des Plaines, IL 60016 Property Records

Cook County property record for 318 N 3rd Ave, Des Plaines, IL 60016

Property Summary

Property TypeApartments (5+ Units)
Details8 bd · 4 ba · 3,392 sqft · built 1964
Lot Size0.289 acres (12,603 sqft)
OwnerCompany Name on Record
Last Sale$527,000 (Dec 2022)
Tax Bill$13,182 (2023)
Deeds & MortgagesApr 2023 Mortgage
Dec 2022 Sale
+ 1 more
Flood ZoneZone X (minimal risk)
APN09-08-103-016

Property Details

APN / Parcel Number

Primary APN09-08-103-016
Alternative APN
  • 09-08-103-016-0000

Interior

Bedrooms8 Beds
Full Baths4 Baths
Total Rooms16 Rooms
Units4 Units
Stories2 Stories
Building Area3,392 sqft Living Area

Exterior

Year BuiltBuilt 1964
Effective Year BuiltEffective 1965
Architectural StyleMulti-Family
Exterior MaterialBrick/Stone
Construction TypeMasonry / Concrete Block
Roof MaterialAsphalt
Lot Area12,603 sqft (0.289 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC

Location & Zoning

Street Address318 N 3RD AVE
CityDES PLAINES
StateIL
Zip60016-1184
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal Description(DESPLAINES) TERRACE (UNIT3) SUB PTS LT 1&2 IN CONRAD MOEHLINGS SUB IN WH SEC8 & EH SEC7 SEC 08-41-12
Legal Range12E
Legal Township41N
Legal Section08
Legal SubdivisionDESPLAINES TERRACE UNIT3
Legal Lot Number1,2
Legal Unit3
JurisdictionCOOK IL
Township / Civil DivisionMAINE
Census Block Group4
Census Block4003
Census Tract806103

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 Address6812 N KENNETH AVE, LINCOLNWOOD, IL 60712-4706
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Apr 18, 2023Quit Claim Deed, Transfer · Conventional Mortgage
UNITED WHOLESALE MORTGAGE
Dec 2, 2022Warranty Deed, Transfer
E-CHICAGO TITLE, CHICAGO TITLE
Nov 22, 2021Deed of Trust, Mortgage · Conventional Mortgage
BETTER MORTGAGE CORPORATION

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 2, 2022 · Amount on Record
Deed SaleDec 2, 2022 · Amount on Record
Prior SaleAug 14, 2015 · Amount on Record
Deed Document Number202247077
Last Transfer DateApr 11, 2023
Transfer Doc0000006159
Record UpdatedSep 20, 2026

April 2023: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionCOOK IL
Recording DateApr 18, 2023
Property Address318 N 3RD AVE, DES PLAINES, IL 60016-1184
Document Number0010806159
Instrument DateApr 11, 2023
Instrument2310806159
Transaction TypeTransfer
Record UpdatedJun 7, 2023
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name
Address6812 N KENNETH AVE, LINCOLNWOOD, IL 60712-4706

Transferred To (Grantee/Buyer)

NameVerified Name
Address318 N 3RD AVE, LINCOLNWOOD, IL 60712

Mortgage

Document Number0010806160
DateApr 18, 2023
Instrument2310806160
Lender
NameUNITED WHOLESALE MORTGAGE
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueMay 1, 2053
Interest
Rate TypeFixed Rate
Rate7.62%

December 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCOOK IL
Recording DateDec 2, 2022
Property Address318 N 3RD AVE, DES PLAINES, IL 60016-1184
Document Number0033647077
Instrument DateNov 21, 2022
Instrument2233647077
Transaction TypeTransfer
Record UpdatedDec 14, 2022
Title CompanyE-CHICAGO TITLE, CHICAGO TITLE

Transaction

AmountAmount Recorded
Tax$527.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address318 N 3RD AVE, DES PLAINES, IL 60016-1184

Transferred To (Grantee/Buyer)

NameVerified Name
Address318 N 3RD AVE, DES PLAINES, IL 60016-1184

November 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address318 N 3RD AVE, DES PLAINES, IL 60016-1184
Transaction TypeMortgage
Record UpdatedDec 7, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0032604064
DateNov 22, 2021
Instrument2132604064
Lender
NameBETTER MORTGAGE CORPORATION
TypeMortgage Company
AddressNEW YORK, NY 10007
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term179 Months
DueOct 1, 2036
Interest
Rate TypeFixed Rate
Rate2.87%

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionMaine Township
MunicipalityDes Plaines City
Elementary School DistrictDes Plaines Community Consolidated School District 62 (PK - 08)
Secondary School DistrictMaine Township High School District 207 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$58,000 (+16%) Land $12,603 Building $45,397$580,000 (+16%) Land $126,030 Building $453,970
2023$13,182.00 (+2.46%)
2022$12,865.00$49,999 Land $10,712 Building $39,287$499,990 Land $107,120 Building $392,870

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; 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 SystemDES PLAINES
serves 60,675 people · EPA ID IL0310630
Water SourcePurchased surface water from several systems
Last State InspectionJan 2026
Lead6 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting4
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 516 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		100 / 20

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