501 E Prospect Ave, Apt 3J, Mount Prospect, IL 60056 Property Records

Cook County property record for 501 E Prospect Ave, Apt 3J, 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$106,000 (Nov 2004)
Tax Bill$1,521 (2023)
Flood ZoneZone X (minimal risk)
APN08-12-227-016-1036

Property Details

APN / Parcel Number

Primary APN08-12-227-016-1036

Interior

Bedrooms1 Bed
Total Rooms3 Rooms
Units82 Units

Exterior

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

Utilities, Heating & Cooling

Heating SystemForced Air with A/C
Heating FuelGas
Water SourceCommercial

Location & Zoning

Street Address501 E PROSPECT AVE, 3J
CityMOUNT PROSPECT
StateIL
Zip60056-3342
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, 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, 3J, MOUNT PROSPECT, IL 60056-3342
OccupancyOwner Occupied
Owner TypeIndividual
VestingJoint Tenants

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleNov 5, 2004 · Amount on Record
Deed SaleNov 5, 2004 · Amount on Record
Deed Document Number200439049
Last Transfer DateJul 24, 2007
Transfer Doc0000008197
Record UpdatedSep 20, 2026

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$1,521.00 (+6.07%)
2022$1,434.00 Homeowner's exemption$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.

Nearby Properties on E Prospect Ave

Nearby Streets

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