431 Lakeview Ct, Mount Prospect, IL 60056 Property Records

Cook County property record for 431 Lakeview Ct, Mount Prospect, IL 60056

Property Summary

Property Type	General Industrial
Details	81,354 sqft · built 1992
Lot Size	7.58 acres (330,620 sqft)
Owner	Company Name on Record
Last Sale	$2,850,000 (Jan 2018)
Tax Bill	$268,860 (2023)
Deeds & Mortgages	Jan 2022 Line of Credit May 2019 Loan Modification + 3 more
Flood Zone	Zone X (minimal risk)
APN	`03-35-200-056`

Property Details

APN / Parcel Number

Primary APN	`03-35-200-056`
Alternative APN	`03-35-200-056-0000`

Interior

Units	6 Units
Building Area	81,354 sqft Gross Area

Exterior

Year Built	Built 1992
Effective Year Built	Effective 1992
Lot Area	330,620 sqft

Location & Zoning

Street Address	431 LAKEVIEW CT
City	MOUNT PROSPECT
State	IL
Zip	60056-6048
Property Category	Industrial
Property Type	Industrial > General Industrial
Legal Range	11E
Legal Township	42N
Legal Section	35
Legal Subdivision	KENSINGTON CENTER-RESUB 26
Legal Lot Number	506
Jurisdiction	COOK IL
Township / Civil Division	WHEELING
Census Block Group	1
Census Block	1016
Census Tract	802702

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 Record	Company Name on Record
Mailing Address	1001 FEEHANVILLE DR, MOUNT PROSPECT, IL 60056-6006
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Jan 25, 2022	Deed of Trust, Mortgage · Line of Credit MIDLAND STATES BANK
May 9, 2019	Loan Modification, Mortgage BELMONT BK&TR
Nov 9, 2018	Trustee's Deed, Construction Loan · Line of Credit BELMONT BK&TR
Jan 23, 2018	Grant Deed, Transfer · Line of Credit BELMONT BK&TR
Jan 9, 2017	Trustee's Deed, Transfer · Line of Credit DEUTSCHE BK AG/NY BRANCH

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 23, 2018 · Amount on Record
Deed Sale	Jan 23, 2018 · Amount on Record
Prior Sale	Jan 9, 2017 · Amount on Record
Deed Document Number	201829078
Prior Transfer Date	May 22, 2013
Prior Transfer Doc	0000041056
Record Updated	Oct 29, 2026

January 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	431 LAKEVIEW CT, MOUNT PROSPECT, IL 60056-6048
Transaction Type	Mortgage
Record Updated	Mar 4, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1001 FEEHANVILLE DR, MOUNT PROSPECT, IL 60056-6006

Mortgage

Document Number	0002513104
Date	Jan 25, 2022
Instrument	2202513104

Lender

Name	MIDLAND STATES BANK
Type	Bank
Address	JOLIET, IL 60431

Agreement

Type	Line of Credit
Amount	Amount Recorded

May 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	COOK IL
Property Address	431 LAKEVIEW CT, MOUNT PROSPECT, IL 60056-6048
Document Number	1915049222
Instrument Date	May 9, 2019
Transaction Type	Mortgage
Record Updated	Jun 6, 2019
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	431 LAKEVIEW CT MOUNT PROSPECT IL 600566048, MOUNT PROSPECT, IL 60056-6048

Mortgage

Document Number	1915049222
Date	May 30, 2019
Instrument	15049222

Lender

Name	BELMONT BK&TR
Type	Bank
Address	CHICAGO, IL 60634

Agreement

Amount	Amount Recorded
Term	60 Months
Due	May 29, 2024

November 2018: Trustee's Deed, Construction Loan

Document Type	Trustee's Deed
Jurisdiction	COOK IL
Recording Date	Nov 9, 2018
Property Address	431 LAKEVIEW CT, MOUNT PROSPECT, IL 60056-6048
Document Number	1831319466
Instrument Date	Nov 9, 2018
Instrument	31319466
Transaction Type	Construction Loan
Record Updated	Nov 20, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	431 LAKEVIEW CT MOUNT PROSPECT IL 600566048, MOUNT PROSPECT, IL 60056-6048

Mortgage

Document Number	1831319466
Date	Nov 9, 2018
Instrument	31319466

Lender

Name	BELMONT BK&TR
Type	Bank
Address	8250 W BELMONT AVE, CHICAGO, IL 60634-2809

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	12 Months
Due	Nov 8, 2019

Interest

Rate Type	Adjustable Rate
Rate	2.31%

January 2018: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	COOK IL
Recording Date	Jan 23, 2018
Property Address	431 LAKEVIEW CT, MOUNT PROSPECT, IL 60056-6048
Document Number	1802329078
Instrument Date	Jan 19, 2018
Instrument	2329078
Transaction Type	Transfer
Record Updated	Feb 2, 2018
Title Company	OTHER

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$2,850.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1001 FEEHANVILLE DR MOUNT PROSPECT IL 600566006, MOUNT PROSPECT, IL 60056-6006

Mortgage

Document Number	1802329079
Date	Jan 23, 2018
Instrument	2329079

Lender

Name	BELMONT BK&TR
Type	Bank
Address	8250 W BELMONT AVE, CHICAGO, IL 60634-2809

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	Jan 22, 2023

Interest

Rate Type	Adjustable Rate
Rate	5.29%

January 2017: Trustee's Deed, Transfer

Document Type	Trustee's Deed
Jurisdiction	COOK IL
Recording Date	Jan 9, 2017
Property Address	431 LAKEVIEW CT, MOUNT PROSPECT, IL 60056-6048
Document Number	1700941115
Instrument Date	Dec 30, 2016
Instrument	941115
Transaction Type	Transfer
Record Updated	Mar 7, 2017
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$3,234.50

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	431 LAKEVIEW CT MOUNT PROSPECT IL 600566048, MOUNT PROSPECT, IL 60056-6048

Mortgage

Document Number	1700941129
Date	Jan 9, 2017
Instrument	941129

Lender

Name	DEUTSCHE BK AG/NY BRANCH
Type	Bank
Address	60 WALL ST # 10TH, NEW YORK, NY 10005-2836

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
County Subdivision	Wheeling Township
Municipality	Mount Prospect Village
Secondary School District	Township High School District 214 (09 - 12)
Elementary School District	River Trails School District 26 (PK - 08)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$1,152,500 (+28.69%) Land $826,920 Building $325,580	$4,610,000 (+28.69%) Land $3,307,680 Building $1,302,320
2023	$268,860.00 (+4.23%)
2022	$257,961.00	$895,565 Land $578,844 Building $316,721	$3,582,260 Land $2,315,376 Building $1,266,884

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 Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	1 in force

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 Risk	Not 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 System	MOUNT PROSPECT serves 41,000 people · EPA ID IL0311980
Water Source	Purchased surface water from NORTHWEST SUBURBAN MUNICIPAL JAWA
Last State Inspection	Aug 2025
Lead	2 ppb (2026–2028) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	11 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 55 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

May also be available: T-Mobile, Verizon.

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