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

Cook County property record for 501 E Prospect Ave, Apt 2L, 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$75,500 (Oct 2019)
Tax Bill$2,445 (2023)
Deeds & MortgagesOct 2019 Sale
Oct 2019 Sale
Flood ZoneZone X (minimal risk)
APN08-12-227-016-1024

Property Details

APN / Parcel Number

Primary APN08-12-227-016-1024

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, 2L
CityMOUNT PROSPECT
StateIL
Zip60056-3341
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Legal Description(MATHIES) & (DALY) INC (PROSPECT) GARDENS CONDOMINIUM SEC 12-41-11
Legal Range11E
Legal Township41N
Legal Section12
Legal SubdivisionMATHIES & DALY INC PROSPECT GARDENS COND
JurisdictionCOOK IL
Township / Civil DivisionELK GROVE
Census Block Group4
Census Block4003
Census Tract804901

Owner

Source: Cook County records · APN 08-12-227-016-1024

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 Address403 COURTLAND AVE, PARK RIDGE, IL 60068-4051
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Oct 17, 2019Grant Deed, Transfer
ATTORNEY ONLY
Oct 17, 2019Warranty Deed, Transfer
CHICAGO TITLE COMPANY, CHICAGO TITLE INS CO

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleOct 17, 2019 · Amount on Record
Deed SaleOct 17, 2019 · Amount on Record
Deed Document Number201949158
Record UpdatedSep 20, 2026

October 2019: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionCOOK IL
Recording DateOct 17, 2019
Property Address501 E PROSPECT AVE APT 2L, 2L, MOUNT PROSPECT, IL 60056-3341
Document Number1929049158
Instrument DateAug 30, 2019
Instrument29049158
Transaction TypeTransfer
Record UpdatedOct 24, 2019
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
Tax$75.08
Amount AccuracyConfirmed
Additional
  • Lis Pendens
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address403 COURTLAND AVE PARK RIDGE IL 600684051, PARK RIDGE, IL 60068-4051

October 2019: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCOOK IL
Recording DateOct 17, 2019
Property Address501 E PROSPECT AVE APT 2L, 2L, MOUNT PROSPECT, IL 60056-3341
Document Number1929049157
Instrument DateAug 26, 2019
Instrument29049157
Transaction TypeTransfer
Record UpdatedOct 24, 2019
Title CompanyCHICAGO TITLE COMPANY, CHICAGO TITLE INS CO

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address403 COURTLAND AVE PARK RIDGE IL 600684051, PARK RIDGE, IL 60068-4051

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$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

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.

Mobile Coverage

5G and 4G LTE

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