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

Cook County property record for 501 E Prospect Ave, Apt 2H, 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$96,500 (Sep 2022)
Tax Bill$783 (2023)
Deeds & MortgagesSep 2022 Sale & Mortgage
Mar 2022 Foreclosure
Flood ZoneZone X (minimal risk)
APN08-12-227-016-1020

Property Details

APN / Parcel Number

Primary APN08-12-227-016-1020

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, 2H
CityMOUNT PROSPECT
StateIL
Zip60056-3340
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Legal DescriptionGLEICHS INDUSTRIAL PARK LOT 3
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 · APN 08-12-227-016-1020

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 Address1215 N BOXWOOD DR, 103, MOUNT PROSPECT, IL 60056-1253
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Sep 29, 2022Special Warranty Deed, Transfer · Conventional Mortgage
THE HUNTINGTON NATIONAL BANK
Mar 25, 2022Foreclosure

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleSep 29, 2022 · Amount on Record
Deed SaleSep 29, 2022 · Amount on Record
Prior SaleMar 25, 2022
Deed Document Number20226418
Record UpdatedSep 20, 2026

September 2022: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCOOK IL
Recording DateSep 29, 2022
Property Address501 E PROSPECT AVE APT 2H, 2H, MOUNT PROSPECT, IL 60056-3340
Document Number0027206418
Map ReferenceDOC LR 2101057
Instrument DateJun 06, 2022
Instrument2227206418
Transaction TypeTransfer
Record UpdatedOct 11, 2022
Title CompanyPROPER TITLE LLC

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$96.50
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address501 E PROSPECT AVE APT 2H, 2H, MOUNT PROSPECT, IL 60056-3340

Mortgage

Document Number0027206419
DateSep 29, 2022
Instrument2227206419
Lender
NameTHE HUNTINGTON NATIONAL BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueSep 01, 2052
Interest
Rate5.12%

March 2022: Foreclosure

Document TypeForeclosure
JurisdictionCOOK IL
Recording DateMar 25, 2022
Property Address501 E PROSPECT AVE APT 2H, 2H, MOUNT PROSPECT, IL 60056-3340
Document Number0008406370
Map ReferenceDOC 1752354
Instrument DateFeb 28, 2022
Instrument2208406370
Transaction TypeForeclosure
Record UpdatedApr 05, 2022

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Notice of Foreclosure Sale

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3415 VISION DR, COLUMBUS, OH 43219-6009

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$783.00 (+11.7%)
2022$701.00 Homeowner's exemption$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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