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501 E Prospect Ave, Apt 1E, Mount Prospect, IL 60056 Property Records

Cook County property record for 501 E Prospect Ave, Apt 1E, Mount Prospect, IL 60056

Property Summary

Property TypeCondominium
Details1 bd · built 1967
Lot Size1.3 acres (56,838 sqft)
OwnerIndividual Name on Record
Last Sale$65,000 (Jan 2005)
Tax Bill$2,445 (2023)
Deeds & MortgagesJun 2017 Transfer
Flood ZoneZone X (minimal risk)
APN08-12-227-016-1005

Property Details

APN / Parcel Number

Primary APN08-12-227-016-1005

Interior

Bedrooms1 Bed
Units82 Units

Exterior

Year BuiltBuilt 1967
Effective Year BuiltEffective 1967
Architectural StyleCondo/Apartment
Lot Area56,838 sqft (1.3 acres)

Location & Zoning

Street Address501 E PROSPECT AVE, 1E
CityMOUNT PROSPECT
StateIL
Zip60056-3339
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Legal DescriptionPART W2 NE4 SEC12 PART W2SE4 S12 T4 1N R11E 3P
Legal Range11E
Legal Township41N
Legal Section12
Legal SubdivisionMATHIES & DALY INC PROSPECT GARDENS COND
Legal Lot Number3
JurisdictionCOOK IL
Township / Civil DivisionELK GROVE
Census Block Group4
Census Block4003
Census Tract804901

Owner

Source: Cook County records, as of May 29, 2026

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

Owner of RecordIndividual Name on Record
Mailing Address501 E PROSPECT AVE, 1E, MOUNT PROSPECT, IL 60056-3339
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJan 7, 2005 · Amount on Record
Deed SaleJan 7, 2005 · Amount on Record
Prior SaleJun 19, 1997 · Amount on Record
Deed Document Number20055002
Last Transfer DateJun 6, 2017
Transfer Doc0000006120
Record UpdatedSep 20, 2026

June 2017: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionCOOK IL
Recording DateJun 20, 2017
Property Address501 E PROSPECT AVE APT 1E, 1E, MOUNT PROSPECT, IL 60056-3339
Document Number1717106120
Instrument DateJun 6, 2017
Instrument17106120
Transaction TypeTransfer
Record UpdatedJul 7, 2017
Title CompanyATTORNEY ONLY

Transaction

Tax$0.00
Additional
  • Quitclaim

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipPersonal Trust
Address1608 E IRONWOOD DR MOUNT PROSPECT IL 600561528, MOUNT PROSPECT, IL 60056-1528

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionElk Grove Township
MunicipalityMount Prospect Village
Secondary School DistrictTownship High School District 214 (09 - 12)
Elementary School DistrictMount Prospect School District 57 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$12,346 (+40.66%) Land $1,637 Building $10,709$123,460 (+40.66%) Land $16,370 Building $107,090
2023$2,445.00 (+4.04%)
2022$2,350.00$8,777 Land $1,364 Building $7,413$87,770 Land $13,640 Building $74,130

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 RiskLow
lower than 95% of the US · lower than 70% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation

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 SystemMOUNT PROSPECT
serves 41,000 people · EPA ID IL0311980
Water SourcePurchased surface water from NORTHWEST SUBURBAN MUNICIPAL JAWA
Last State InspectionAug 2025
Lead2 ppb (2026–2028)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting11
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 488 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
Fixed Wireless · Fiber, DSL in parts of the area		100 / 20

May also be available: Zentro.

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