502 S Busse Rd, Mount Prospect, IL 60056 Property Records

Cook County property record for 502 S Busse Rd, Mount Prospect, IL 60056

Property Summary

Property Type	Single Family Home
Details	3 bd · 2.5 ba · 1,233 sqft · built 1957
Lot Size	0.459 acres (20,000 sqft)
Owner	Individual Name on File
Last Sale	$327,000 (Oct 2020)
Tax Bill	$9,380 (2023)
Deeds & Mortgages	Oct 2020 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`08-10-405-002`

Property Details

APN / Parcel Number

Primary APN	`08-10-405-002`
Alternative APN	`08-10-405-002-0000`

Interior

Bedrooms	3 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Total Rooms	5 Rooms
Stories	1 Story
Building Area	1,233 sqft Living Area

Exterior

Year Built	Built 1957
Effective Year Built	Effective 1958
Architectural Style	Split Level
Exterior Material	Brick/Stone
Construction Type	Frame
Roof Material	Asphalt
Lot Area	20,000 sqft (0.459 acres)
Garage Type	Attached
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Street Address	502 S BUSSE RD
City	MOUNT PROSPECT
State	IL
Zip	60056-3637
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Range	11E
Legal Township	41N
Legal Section	10
Legal Subdivision	HEIGHTS ESTATES UN 01
Legal Lot Number	8
Jurisdiction	COOK IL
Township / Civil Division	ELK GROVE
Census Block Group	1
Census Block	1012
Census Tract	805109

Owner

502 S Busse Rd is owned and occupied by an individual who bought it in October 2020.

Source: Cook County records, as of May 27, 2026

Owner of Record	Individual Name on File
Mailing Address	502 S BUSSE RD, MOUNT PROSPECT, IL 60056-3637
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Tenants by the Entirety

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 12, 2020 · Amount on File
Deed Sale	Oct 12, 2020 · Amount on File
Prior Sale	Feb 25, 2015 · Amount on File
Deed Document Number	202062070
Transfer Doc	0000000220
Record Updated	Oct 29, 2026

October 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Oct 12, 2020
Property Address	502 S BUSSE RD, MOUNT PROSPECT, IL 60056-3637
Document Number	2028462070
Instrument Date	Jul 10, 2020
Instrument	28462070
Transaction Type	Transfer
Record Updated	Oct 29, 2020
Title Company	PROPERTY TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$327.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	4127 N KEELER AVE #302S CHICAGO IL 606412269, 302S, CHICAGO, IL 60641-2269

Mortgage

Document Number	2028462071
Date	Oct 12, 2020
Instrument	28462071

Lender

Name	LOANDEPOT.COM LLC
Type	Funding / Finance Company
Address	FOOTHILL RANCH, CA 92610

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	360 Months
Due	Oct 11, 2050

Interest

Rate	3.37%

Tax Assessment & Valuation

Source: Cook County assessment roll, as of May 27, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
County Subdivision	Elk Grove Township
Municipality	Mount Prospect Village
Secondary School District	Township High School District 214 (09 - 12)
Elementary School District	Community Consolidated School District 59 (PK - 08)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$42,000 Land $21,000 Building $21,000	$420,000 Land $210,000 Building $210,000
2023	$9,380.00 (+4.15%)
2022	$9,006.00 Homeowner's exemption	$36,000 Land $18,000 Building $18,000	$360,000 Land $180,000 Building $180,000

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

FEMA maps place 502 S Busse Rd in Zone X, an area of minimal flood risk, though there have been 5 flood claims nearby since 1979.

Source: FEMA National Flood Hazard Layer, effective February 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	1 in force
Nearby Flood Claims	5 (1979–2007)
Claims Outside the SFHA	1 of 5
Most Recent Claim	Aug 2007 · Severe Storms And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 502 S Busse Rd is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · above 71% of Illinois
Wildfire Likelihood	0.01% annual chance
Exposure	Direct 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 System	MOUNT PROSPECT serves 41,000 people · EPA ID IL0311980
Water Source	Purchased surface water from NORTHWEST SUBURBAN MUNICIPAL JAWA
Last State Inspection	Aug 2025
Lead	2 ppb (2026–2028) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	11 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 338 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber	5,000 / 5,000
Xfinity Cable	2,000 / 250
Astound Broadband Cable	1,500 / 50
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20