502 E Prospect Ave, Lake Bluff, IL 60044 Property Records

Lake County property record for 502 E Prospect Ave, Lake Bluff, IL 60044 · Last verified May 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bathrooms4 Baths
Year BuiltBuilt 1962
Square Footage3,785 sqft Living Area
Lot Size12,402 sqft (0.285 acres)
GarageDetached, 528 sqft
OccupancyOwner Occupied
Last Sale$1,000,000 (2021)
Tax Bill$27,164.00 (2024)

Property Details

APN / Parcel Number

Primary APN12-21-219-008

Interior

Full Baths4 Baths
Partial Baths2 Partial Baths
Building Area3,785 sqft Living Area
Gross Area3,945 sqft Gross Area
1st Floor1,580 sqft 1st Floor
Upper Floors1,405 sqft Upper Floors
Attic Area1,124 sqft Attic
Attic1 Attic
Basement Area960 sqft Basement
Finished Basement800 sqft Finished
Unfinished Basement160 sqft Unfinished
Game RoomGame Room
Stories2 Stories
FireplaceFireplace
Fireplaces1 Fireplaces

Exterior

Year BuiltBuilt 1940
Effective Year BuiltEffective 1962
Architectural StyleConventional Style
Exterior MaterialWood Siding Exterior
Construction TypeFrame Construction
Roof MaterialWood Shingle Roof
Lot Area12,402 sqft (0.285 acres)
Parking Spaces1 Parking Spaces
Garage TypeDetached Garage
Garage Area528 sqft Garage
Patio Area360 sqft Patio

Utilities and HVAC

Cooling SystemCentral Cooling
Heating SystemForced Air with Air Conditioning Heating

Location & Zoning

Street Address502 E PROSPECT AVE
CityLAKE BLUFF
StateIL
Zip60044-2616
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionVILLAGE OF LAKE BLUFF HOLMES SUB LOT 3
Legal SubdivisionVILLAGE OF LAKE BLUFF HOLMES SUB
Legal Lot Number3
JurisdictionLAKE IL
Minor Civil DivisionSHIELDS
Census Blockgroup2
Census Block2056
Census Tract863300

Owner

Source: Lake County records · APN 12-21-219-008

Assessment roll updated April 29, 2026 · Last verified May 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individual Names on File
Mailing Address502 E PROSPECT AVE, LAKE BLUFF, IL 60044-2616
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity
VestingTenant By Entirety

Deeds, Mortgages & Sale History

DateDocument
Sep 13, 2022Deed of Trust, Mortgage · Stand Alone Second Mortgage
DISCOVER BANK
Jan 08, 2026Deed of Trust, Mortgage · Line of Credit
PNC BANK NA
May 05, 2021Deed, Transfer · Conventional Mortgage
PNC BANK NA
Aug 10, 2018Deed of Trust, Mortgage
ACCUNETMORTGAGE

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleMay 05, 2021 · Amount on Record
Deed SaleMay 05, 2021 · Amount on Record
Prior SaleJun 02, 1994 · Amount on Record
Deed Doc Number20217784374
Prior Transfer DateJul 31, 1998
Prior Transfer Doc0004213894
Record RefreshedJun 08, 2026

September 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address502 E PROSPECT AVE, LAKE BLUFF, IL 60044-2616
Transaction TypeMortgage
Record UpdatedApr 02, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0007932420
DateSep 13, 2022
Instrument7932420
Lender
NameDISCOVER BANK
TypeBank
AddressGREENWOOD, DE 19950
Agreement
TypeStand Alone Second Mortgage
AmountAmount Recorded
Interest
Rate TypeFixed Rate
Rate8.99%

January 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address502 E PROSPECT AVE, LAKE BLUFF, IL 60044-2616
Transaction TypeMortgage
Record UpdatedApr 02, 2026

Transferred To (Grantee/Buyer)

NameVerified Name
Address502 E PROSPECT AVE, LAKE BLUFF, IL 60044-2616

Mortgage

Document Number0008142984
DateJan 08, 2026
Instrument8142984
Lender
NamePNC BANK NA
TypeBank
AddressWILMINGTON, DE 19801
Agreement
TypeLine of Credit
AmountAmount Recorded
Term480 Months
DueJan 02, 2066
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly (Revolving credit lines are monthly unless stated otherwise).

May 2021: Deed, Transfer

Document TypeDeed
JurisdictionLAKE IL
Recording DateMay 05, 2021
Property Address502 E PROSPECT AVE, LAKE BLUFF, IL 60044-2616
Document Number0007784374
Map ReferenceDOC 225681
Instrument DateApr 23, 2021
Instrument7784374
Transaction TypeTransfer
Record UpdatedJun 21, 2021
Title CompanyPROPERTY TITLE, PROPER TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$1,000.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenant By Entirety
Address502 E PROSPECT AVE, LAKE BLUFF, IL 60044-2616

Mortgage

Document Number0007784375
DateMay 05, 2021
Instrument7784375
Lender
NamePNC BANK NA
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueMay 01, 2051

August 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address502 E PROSPECT AVE, LAKE BLUFF, IL 60044-2616
Document Number0007507107
Instrument DateAug 10, 2018
Transaction TypeMortgage
Record UpdatedSep 03, 2018
Title CompanyACQUEST TITLE SERVICES LLC

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipPersonal Trust
Address502 E PROSPECT AVE LAKE BLUFF IL 600442616, LAKE BLUFF, IL 60044-2616

Mortgage

Document Number0007507107
DateAug 20, 2018
Instrument7507107
Lender
NameACCUNETMORTGAGE
TypeMortgage Company
AddressWAUKESHA, WI 53188
Agreement
AmountAmount Recorded
Term180 Months
DueAug 19, 2033
Interest
Rate4.25%

Tax Assessment & Valuation

Source: Lake County records · Assessment roll updated April 29, 2026 · Last verified May 2026

Property Jurisdictions

TypeName
StateIllinois
CountyLake County
County SubdivisionShields Township
MunicipalityLake Bluff Village
Elementary School DistrictLake Bluff Elementary School District 65 (KG - 08)
Secondary School DistrictLake Forest Community High School District 115 (09 - 12)

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$438,849 (+30.04%) Land $189,261 Building $249,588$1,316,679 (+30.04%) Land $567,840 Building $748,839
2024$27,164.00 (+22.89%)
2023$22,104.00 (+3.62%)$337,464 (+5.97%) Land $145,537 Building $191,927$1,012,494 (+5.97%) Land $436,655 Building $575,839
2022$21,332.00$318,464 Land $137,343 Building $181,121$955,487 Land $412,070 Building $543,417

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