416 Mercantile Ct, Wheeling, IL 60090 Property Records

Cook County property record for 416 Mercantile Ct, Wheeling, IL 60090

Property Summary

Property TypeGeneral Industrial
Details4,800 sqft · built 1997
Lot Size0.589 acres (25,655 sqft)
OwnerCompany Name on Record
Last Sale$475,000 (Feb 2022)
Tax Bill$33,244 (2023)
Deeds & MortgagesFeb 2022 Sale & Mortgage
Flood ZoneZone X (moderate risk)
APN03-10-201-081

Property Details

APN / Parcel Number

Primary APN03-10-201-081
Alternative APN
  • 03-10-201-081-0000

Interior

Building Area4,800 sqft Gross Area

Exterior

Year BuiltBuilt 1997
Effective Year BuiltEffective 1997
Lot Area25,655 sqft (0.589 acres)

Location & Zoning

Street Address416 MERCANTILE CT
CityWHEELING
StateIL
Zip60090-4738
Property CategoryIndustrial
Property TypeIndustrial > General Industrial
Legal Range11E
Legal Township42N
Legal Section10
Legal SubdivisionHERZOGS FIRST INDUSTRIAL SUBDIVISION
JurisdictionCOOK IL
Township / Civil DivisionWHEELING
Census Block Group3
Census Block3001
Census Tract802504

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 Address416 MERCANTILE CT, WHEELING, IL 60090-4738
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleFeb 1, 2022 · Amount on Record
Deed SaleFeb 1, 2022 · Amount on Record
Prior SaleMar 18, 1996 · Amount on Record
Deed Document Number2022257135
Prior Transfer DateMar 1, 1996
Prior Transfer Doc0000000847
Record UpdatedOct 29, 2026

February 2022: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCOOK IL
Recording DateFeb 1, 2022
Property Address416 MERCANTILE CT, WHEELING, IL 60090-4738
Document Number0003257135
Map ReferenceDOC LR1713481
Instrument DateJan 3, 2022
Instrument2203257135
Transaction TypeTransfer
Record UpdatedJul 11, 2023
Title CompanyATTORNEY'S TITLE, ATTORNEYS TTL GUARANTY FUND

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$475.00
Amount AccuracyRounded by County
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0003257136
DateFeb 1, 2022
Instrument2203257136
Lender
NameWINTRUST BANK NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionWheeling Township
MunicipalityWheeling Village
Secondary School DistrictTownship High School District 214 (09 - 12)
Elementary School DistrictWheeling Community Consolidated School District 21 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$116,750 (+17.7%) Land $96,206 Building $20,544$467,000 (+17.7%) Land $384,824 Building $82,176
2023$33,244.00 (+4.86%)
2022$31,704.00 (+2.19%)$99,195 (+18.45%) Land $44,896 Building $54,299$396,780 (+18.45%) Land $179,584 Building $217,196
2021$31,026.00$83,742 Land $44,896 Building $38,846$334,968 Land $179,584 Building $155,384

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
moderate risk
500-Year FloodplainYes
0.2% annual chance
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 14 policies
Community Rating SystemClass 6 (20% premium discount)
Nearby Flood Policies14 in force
Nearby Flood Claims25 (1987–2019)
Claims Outside the SFHA1 of 25
Most Recent ClaimJul 2019 · 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

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 SystemWHEELING
serves 39,725 people · EPA ID IL0314970
Water SourcePurchased surface water from NORTHWEST WATER COMMISSION
Last State InspectionJul 2025
Lead1 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityE. coli
resolved · Jun 2019
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 430 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · DSL
5,000 / 5,000
Xfinity
Cable
2,000 / 2,000
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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