501 E Prospect Ave, Apt 2A, Mount Prospect, IL 60056 Property Records

Cook County property record for 501 E Prospect Ave, Apt 2A, Mount Prospect, IL 60056 · Last verified June 2026

Property Summary

Property Type	Condominium
Details	2 bd · built 1967
Lot Size	1.3 acres (56,838 sqft)
Owner	Individual Name on File
Last Sale	$88,000 (Nov 2016)
Tax Bill	$3,158 (2023)
Deeds & Mortgages	Nov 2023 Transfer
Flood Zone	Zone X (minimal risk)
APN	`08-12-227-016-1013`

Property Details

APN / Parcel Number

Primary APN	`08-12-227-016-1013`

Interior

Bedrooms	2 Beds
Units	82 Units

Exterior

Year Built	Built 1967
Effective Year Built	Effective 1967
Architectural Style	Condo/Apartment
Lot Area	56,838 sqft (1.3 acres)

Location & Zoning

Street Address	501 E PROSPECT AVE, 2A
City	MOUNT PROSPECT
State	IL
Zip	60056-3340
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Legal Description	PART W2 SE4 SEC12
Legal Range	11E
Legal Township	41N
Legal Section	12
Legal Subdivision	MATHIES & DALY INC PROSPECT GARDENS COND
Legal Lot Number	3
Jurisdiction	COOK IL
Township / Civil Division	ELK GROVE
Census Block Group	4
Census Block	4003
Census Tract	804901

Owner

Source: Cook County records · APN 08-12-227-016-1013

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 Record	Individual Name on File
Mailing Address	1308 PERRY ST, B, DES PLAINES, IL 60016-7167
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Nov 15, 2016 · Amount on Record
Deed Sale	Nov 15, 2016 · Amount on Record
Prior Sale	Nov 17, 2009 · Amount on Record
Deed Document Number	201646096
Last Transfer Date	Aug 25, 2023
Transfer Doc	0000010003
Record Updated	Sep 20, 2026

November 2023: Transfer on Death Deed, Transfer

Document Type	Transfer on Death Deed
Jurisdiction	COOK IL
Recording Date	Nov 13, 2023
Property Address	501 E PROSPECT AVE APT 2A, 2A, MOUNT PROSPECT, IL 60056-3340
Document Number	0031710003
Map Reference	DOC 1752354
Instrument Date	Aug 25, 2023
Instrument	2331710003
Transaction Type	Transfer
Record Updated	Dec 04, 2023
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	501 E PROSPECT AVE # AVE2A, AVE2A, MOUNT PROSPECT, IL 60056-3356

Transferred To (Grantee/Buyer)

Name	Verified Name

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
County Subdivision	Elk Grove Township
Municipality	Mount Prospect Village
Secondary School District	Township High School District 214 (09 - 12)
Elementary School District	Mount Prospect School District 57 (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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$15,947 (+40.66%) Land $2,114 Building $13,833	$159,470 (+40.66%) Land $21,140 Building $138,330
2023	$3,158.00 (+4.02%)
2022	$3,036.00 (+20.76%)	$11,337 (+40.5%) Land $1,761 Building $9,576	$113,370 (+40.5%) Land $17,610 Building $95,760
2021	$2,514.00	$8,069 Land $1,145 Building $6,924	$80,690 Land $11,450 Building $69,240

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Cook County (17031C), updated February 11, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No

Wildfire

Wildfire Risk	Low above 5% of the US · above 30% of Illinois
Wildfire Likelihood	Less than 1 in 10,000 per year
Exposure	Direct burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 488 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
Xfinity	Cable	2,000 / 250
Radiate Holdings	Cable	1,500 / 50
Verizon	Fixed Wireless	1,000 / 75
T-Mobile USA	Fixed Wireless	100 / 20
AT&T	Fixed Wireless	100 / 20

May also be available at this address: AT&T, Everywhere Wireless. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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