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

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

Property Summary

Property TypeCondominium
Details1 bd · built 1967
Lot Size1.3 acres (56,838 sqft)
OwnerIndividual Name on File
Last Sale$130,000 (Oct 2024)
Tax Bill$1,521 (2023)
Deeds & MortgagesOct 2024 Transfer
Jan 2017 Sale
Flood ZoneZone X (minimal risk)
APN08-12-227-016-1017

Property Details

APN / Parcel Number

Primary APN08-12-227-016-1017

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
CityMOUNT PROSPECT
StateIL
Zip60056-3356
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Legal Range11E
Legal Township41N
Legal Section12
Legal SubdivisionGLEICHS INDUST PARK
Legal Lot Number3
JurisdictionCOOK IL
Township / Civil DivisionELK GROVE
Census Block Group4
Census Block4003
Census Tract804901

Owner

Source: Cook County records · APN 08-12-227-016-1017

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 Address1072 OLD CREEK CT, ELGIN, IL 60120-5042
Owner TypeIndividual
VestingMarried Man, Separate Property

Deeds, Mortgages & Sale History

DateDocument
Oct 08, 2024Intrafamily Transfer, Transfer
CITYWIDE TITLE CORPORATION
Jan 19, 2017Warranty Deed, Transfer
ATTORNEY ONLY

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleOct 08, 2024 · Amount on Record
Deed SaleOct 08, 2024 · Amount on Record
Prior SaleJan 19, 2017 · Amount on Record
Deed Document Number202423015
Prior Transfer DateAug 28, 2024
Prior Transfer Doc0000023015
Record UpdatedSep 20, 2026

October 2024: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionCOOK IL
Recording DateOct 08, 2024
Property Address501 E PROSPECT AVE # 0, MOUNT PROSPECT, IL 60056-3356
Document Number0028223015
Map ReferenceDOC 2101057
Instrument DateAug 28, 2024
Instrument2428223015
Transaction TypeTransfer
Record UpdatedMay 08, 2026
Title CompanyCITYWIDE TITLE CORPORATION

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1072 OLD CREEK CT, ELGIN, IL 60120-5042

January 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCOOK IL
Recording DateJan 19, 2017
Property Address501 E PROSPECT AVE APT 2E, 2E, MOUNT PROSPECT, IL 60056-3340
Document Number1701906152
Instrument DateNov 23, 2016
Instrument1906152
Transaction TypeTransfer
Record UpdatedFeb 09, 2017
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
Tax$71.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address1412 S ROBERT DR MOUNT PROSPECT IL 600564542, MOUNT PROSPECT, IL 60056-4542

Tax Assessment & Valuation

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

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$12,346 (+40.66%) Land $1,637 Building $10,709$123,460 (+40.66%) Land $16,370 Building $107,090
2023$1,521.00 (+6.07%)
2022$1,434.00$8,777 Land $1,364 Building $7,413$87,770 Land $13,640 Building $74,130

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 ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo

Wildfire

Wildfire RiskLow
above 5% of the US · above 30% of Illinois
Wildfire LikelihoodLess than 1 in 10,000 per year
ExposureDirect
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

ProviderTechnologyDownload / Upload (Mbps)
XfinityCable2,000 / 250
Radiate HoldingsCable1,500 / 50
VerizonFixed Wireless1,000 / 75
T-Mobile USAFixed Wireless100 / 20
AT&TFixed Wireless100 / 20

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

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