505 Summit Dr, Schaumburg, IL 60193 Property Records

Cook County property record for 505 Summit Dr, Schaumburg, IL 60193

Property Summary

Property Type	Single Family Home
Details	4 bd · 2.5 ba · 2,292 sqft · built 1971
Lot Size	0.202 acres (8,790 sqft)
Owner	Individual Name on File
Last Sale	$280,000 (Sep 2012)
Tax Bill	$11,116 (2023)
Deeds & Mortgages	Jan 2022 Line of Credit Oct 2017 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`07-26-107-019`

Property Details

APN / Parcel Number

Primary APN	`07-26-107-019`
Alternative APN	`07-26-107-019-0000`

Interior

Bedrooms	4 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Total Rooms	8 Rooms
Stories	2 Stories
Building Area	2,292 sqft Living Area
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1971
Effective Year Built	Effective 1971
Architectural Style	Multi-Level
Exterior Material	Brick/Stone
Construction Type	Frame
Roof Material	Asphalt
Lot Area	8,790 sqft (0.202 acres)
Garage Type	Attached
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC

Location & Zoning

Street Address	505 SUMMIT DR
City	SCHAUMBURG
State	IL
Zip	60193-3174
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Range	10E
Legal Township	41N
Legal Section	26
Legal Subdivision	LANCER 06
Legal Lot Number	619
Jurisdiction	COOK IL
Township / Civil Division	SCHAUMBURG
Census Block Group	3
Census Block	3002
Census Tract	804611

Owner

505 Summit Dr is owned and occupied by an individual who bought it in September 2012.

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

Owner of Record	Individual Name on File
Mailing Address	505 SUMMIT DR, SCHAUMBURG, IL 60193-3174
Occupancy	Owner Occupied
Owner Type	Individual

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

Date	Document
Jan 6, 2022	Deed of Trust, Mortgage · Line of Credit FIRST AMERICAN BANK
Oct 10, 2017	Deed of Trust, Mortgage · Line of Credit PACIFIC CTY BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 24, 2012 · Amount on File
Deed Sale	Sep 24, 2012 · Amount on File
Deed Document Number	201233146
Prior Transfer Date	Oct 6, 2001
Prior Transfer Doc	0000047428
Record Updated	Sep 20, 2026

January 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	505 SUMMIT DR, SCHAUMBURG, IL 60193-3174
Transaction Type	Mortgage
Record Updated	Feb 4, 2022
Title Company	ACCURATE EQUITY GROUP

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000606144
Date	Jan 6, 2022
Instrument	2200606144

Lender

Name	FIRST AMERICAN BANK
Type	Bank
Address	HAMPSHIRE, IL 60140

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	120 Months
Due	Jan 1, 2032

Interest

Rate Type	Adjustable Rate
Rate	3.25%
Change Frequency	Monthly

October 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	505 SUMMIT DR, SCHAUMBURG, IL 60193-3174
Document Number	1735549177
Instrument Date	Oct 10, 2017
Transaction Type	Mortgage
Record Updated	Jan 3, 2018
Title Company	OTHER

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	505 SUMMIT DR SCHAUMBURG IL 601933174, SCHAUMBURG, IL 60193-3174

Mortgage

Document Number	1735549177
Date	Dec 21, 2017
Instrument	35549177

Lender

Name	PACIFIC CTY BK
Type	Bank
Address	LOS ANGELES, CA 90010

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	120 Months
Due	Dec 20, 2027

Interest

Rate Type	Adjustable Rate
Rate	4.25%

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
County Subdivision	Schaumburg Township
Municipality	Schaumburg Village
Secondary School District	Township High School District 211 (09 - 12)
Elementary School District	Schaumburg Community Consolidated School District 54 (PK - 08)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$54,000 Land $8,790 Building $45,210	$540,000 Land $87,900 Building $452,100
2023	$11,116.00 (+3.4%)
2022	$10,751.00 Homeowner's exemption	$42,999 Land $7,471 Building $35,528	$429,990 Land $74,710 Building $355,280

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 505 Summit Dr in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective February 11, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 505 Summit Dr has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire Risk	Not rated no burnable land within ember reach

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	SCHAUMBURG serves 75,750 people · EPA ID IL0314890
Water Source	Purchased surface water from NORTHWEST SUBURBAN MUNICIPAL JAWA
Last State Inspection	Mar 2025
Lead	Under 1 ppb (2024–2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	3 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 492 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Astound Broadband Cable	1,500 / 50
Verizon Fixed Wireless	300 / 20

May also be available: AT&T.

Nearby Properties on Summit Dr

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures