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340 Payson St, Hoffman Estates, IL 60169 Property Records

Cook County property record for 340 Payson St, Hoffman Estates, IL 60169 · Last verified June 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bedrooms6 Beds
Bathrooms2.5 Baths
Year BuiltBuilt 1959
Square Footage2,003 sqft Living Area
Lot Size10,010 sqft (0.23 acres)
OccupancyOwner Occupied
Last Sale$292,500 (2019)
Tax Bill$7,882.00 (2023)

Property Details

APN / Parcel Number

Primary APN07-21-202-006
Alternative APN
  • 07-21-202-006-0000

Interior

Bedrooms6 Beds
Full Baths2.5 Baths
Partial Baths1 Partial Baths
Total Rooms8 Rooms
Building Area2,003 sqft Living Area
Stories2 Stories

Exterior

Year BuiltBuilt 1958
Effective Year BuiltEffective 1959
Exterior MaterialBrick/Stone (Brick and/or Stone) Exterior
Construction TypeFrame Construction
Roof MaterialAsphalt Roof
Lot Area10,010 sqft (0.23 acres)
Parking Spaces1 Parking Spaces
Garage TypeAttached Garage

Utilities and HVAC

Cooling SystemHVAC Cooling
Heating SystemHVAC Heating

Location & Zoning

Street Address340 PAYSON ST
CityHOFFMAN ESTATES
StateIL
Zip60169-3127
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal Description(HOFFMAN) ESTATES (V) SUB OF PT OF WH NW SEC22 & PT O F EH NE SEC 21-41-10
Legal Range10E
Legal Township41N
Legal Section21
Legal SubdivisionHOFFMAN ESTATES V
Legal Block77
Legal Lot Number5
JurisdictionCOOK IL
Minor Civil DivisionSCHAUMBURG
Census Blockgroup2
Census Block2000
Census Tract804710

Owner

Source: Cook County records · APN 07-21-202-006

Assessment roll updated May 27, 2026 · Last verified June 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual Name on File
Mailing Address340 PAYSON ST, HOFFMAN ESTATES, IL 60169-3127
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity
VestingTenant By Entirety

Deeds, Mortgages & Sale History

DateDocument
Jul 01, 2021Deed of Trust, Mortgage · Conventional Mortgage
FIRST GUARANTY MORTGAGE CORP
Feb 24, 2020Deed of Trust, Mortgage · Federal Housing Administration (FHA) Mortgage
COMPASS MTG
Jul 25, 2019Warranty Deed, Transfer · Federal Housing Administration (FHA) Mortgage
COMPASS MTG

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJul 25, 2019 · Amount on Record
Deed SaleJul 25, 2019 · Amount on Record
Prior SaleMar 02, 1995
Deed Doc Number201922013
Record RefreshedSep 20, 2026

July 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address340 PAYSON ST, HOFFMAN ESTATES, IL 60169-3127
Transaction TypeMortgage
Record UpdatedJul 12, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0018246446
DateJul 01, 2021
Instrument2118246446
Lender
NameFIRST GUARANTY MORTGAGE CORP
TypeMortgage Company
AddressPLANO, TX 75024
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term359 Months
DueJun 01, 2051
Interest
Rate TypeFixed Rate
Rate3%

February 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address340 PAYSON ST, HOFFMAN ESTATES, IL 60169-3127
Document Number2006657086
Instrument DateFeb 24, 2020
Transaction TypeMortgage
Record UpdatedMar 18, 2020
Title CompanyCHICAGO TITLE COMPANY, CHICAGO TITLE CO

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband And Wife
Address340 PAYSON ST HOFFMAN ESTATES IL 601693127, HOFFMAN ESTATES, IL 60169-3127

Mortgage

Document Number2006657086
DateMar 06, 2020
Instrument6657086
Lender
NameCOMPASS MTG
TypeMortgage Company
AddressWARRENVILLE, IL 60555
Agreement
TypeFederal Housing Administration (FHA) Mortgage
AmountAmount Recorded
Term360 Months
DueMar 05, 2050
Interest
Rate TypeFixed Rate
Rate3.62%

July 2019: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCOOK IL
Recording DateJul 25, 2019
Property Address340 PAYSON ST, HOFFMAN ESTATES, IL 60169-3127
Document Number1920622013
Instrument DateJul 16, 2019
Instrument20622013
Transaction TypeTransfer
Record UpdatedAug 01, 2019
Title CompanyATTORNEY'S TITLE, ATTORNEYS TITLE GUARANTY FUND

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$292.50
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenant By Entirety
Address340 PAYSON ST HOFFMAN ESTATES IL 601693127, HOFFMAN ESTATES, IL 60169-3127

Mortgage

Document Number1920622014
DateJul 25, 2019
Instrument20622014
Lender
NameCOMPASS MTG
TypeMortgage Company
AddressWARRENVILLE, IL 60555
Agreement
TypeFederal Housing Administration (FHA) Mortgage
AmountAmount Recorded
Term360 Months
DueJul 24, 2049
Interest
Rate TypeFixed Rate
Rate4.12%

Tax Assessment & Valuation

Source: Cook County records · Assessment roll updated May 27, 2026 · Last verified June 2026

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionSchaumburg Township
MunicipalityHoffman Estates Village
Secondary School DistrictTownship High School District 211 (09 - 12)
Elementary School DistrictSchaumburg Community Consolidated School District 54 (PK - 08)

Tax Bill & Assessment History

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.

YearTax BillAssessed ValueAssessed Market Value
2025$38,000 (+31.03%) Land $7,007 Building $30,993$380,000 (+31.03%) Land $70,070 Building $309,930
2023$7,882.00 (+3.77%)
2022$7,596.00 Homeowner's exemption$29,000 Land $6,006 Building $22,994$290,000 Land $60,060 Building $229,940

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