5050 Newport Dr, Rolling Meadows, IL 60008 Property Records

Cook County property record for 5050 Newport Dr, Rolling Meadows, IL 60008

Property Summary

Property Type	General Industrial
Details	41,730 sqft · built 1976
Lot Size	2.95 acres (128,502 sqft)
Owner	Company Name on File
Last Sale	$3,200,000 (Jul 2026)
Tax Bill	$148,103 (2023)
Deeds & Mortgages	Jul 2026 Sale & Mortgage Dec 2023 Sale & Line of Credit
Flood Zone	Zone AE (high risk)
APN	`08-08-122-022`

Property Details

APN / Parcel Number

Primary APN	`08-08-122-022`
Alternative APN	`08-08-122-022-0000`

Interior

Units	10 Units
Building Area	41,730 sqft Gross Area

Exterior

Year Built	Built 1976
Effective Year Built	Effective 1976
Lot Area	128,502 sqft

Location & Zoning

Street Address	5050 NEWPORT DR
City	ROLLING MEADOWS
State	IL
Zip	60008-3866
Property Category	Industrial
Property Type	Industrial > General Industrial
Legal Description	(ROLLING) (MEADOWS) (INDUSTRIAL) CENTER (UNIT1) SUB O F PT SECS7-8 SEC 07-41-11
Legal Range	11E
Legal Township	41N
Legal Section	07
Legal Subdivision	ROLLING MEADOWS INDUSTRIAL CENTER UNIT1
Legal Lot Number	6,7
Legal Unit	1
Jurisdiction	COOK IL
Township / Civil Division	ELK GROVE
Census Block Group	3
Census Block	3017
Census Tract	805105

Owner

5050 Newport Dr, an industrial property, is owned by a company that bought it in July 2026.

Source: Cook County records, as of July 8, 2026

Owner of Record	Company Name on File
Mailing Address	2118 MINER ST, DES PLAINES, IL 60016-4718
Owner Type	Company
Vesting	Limited Liability Partnership

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
Jul 1, 2026	Special Warranty Deed, Transfer · Conventional Mortgage UNION CREDIT UNION
Dec 15, 2023	Special Warranty Deed, Transfer · Line of Credit HEARTLAND BANK & TRUST CO

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 1, 2026 · Amount on File
Deed Sale	Jul 1, 2026 · Amount on File
Prior Sale	Dec 15, 2023 · Amount on File
Deed Document Number	202618220000
Prior Transfer Date	Nov 11, 1996
Prior Transfer Doc	0000000997
Record Updated	Oct 29, 2026

July 2026: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	COOK IL
Recording Date	Jul 1, 2026
Property Address	5050 NEWPORT DR, ROLLING MEADOWS, IL 60008-3866
Document Number	0000020000
Instrument Date	Jun 30, 2026
Instrument	202620000
Transaction Type	Transfer
Record Updated	Aug 30, 2026
Title Company	JUNIPER TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$484,800.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership

Mortgage

Document Number	0000000020,
Date	Jul 1, 2026
Instrument	2026182202618220

Lender

Name	UNION CREDIT UNION

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Interest

Rate	6.15%
Max Rate	-1%

December 2023: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	COOK IL
Recording Date	Dec 15, 2023
Property Address	5050 NEWPORT DR, ROLLING MEADOWS, IL 60008-3866
Document Number	0034933172
Instrument Date	Dec 6, 2023
Instrument	2334933172
Transaction Type	Transfer
Record Updated	Dec 28, 2023
Title Company	GREATER ILLINOIS TITLE COMPANY, GREATER ILLINOIS TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$2,065.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5050 NEWPORT DR # 5150, 5150, ROLLING MEADOWS, IL 60008-3866

Mortgage

Document Number	0034933173
Date	Dec 15, 2023
Instrument	2334933173

Lender

Name	HEARTLAND BANK & TRUST CO
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	60 Months
Due	Dec 13, 2028

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	Rolling Meadows City
Secondary School District	Township High School District 214 (09 - 12)
Elementary School District	Palatine Community Consolidated School District 15 (PK - 08)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$735,501 Land $561,558 Building $173,943	$2,942,004 Land $2,246,232 Building $695,772
2023	$148,103.00 (+4.52%)
2022	$141,699.00 (-9.03%)	$484,948 (+2.57%) Land $272,756 Building $212,192	$1,939,792 (+2.57%) Land $1,091,024 Building $848,768
2021	$155,759.00	$472,820 Land $272,756 Building $200,064	$1,891,280 Land $1,091,024 Building $800,256

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 5050 Newport Dr in Zone AE, a high-risk flood area within the regulatory floodway; flood insurance is required for federally backed loans.

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

FEMA Flood Zone	Zone AE high risk
100-Year Floodplain	Yes 1% annual chance
Floodway	Yes
Base Flood Elevation	Varies along the reach; see FIRM
Flood Insurance Requirement	Required federally backed loans
Flood Insurance Cost	Premium on File median of 16 individual policies
Nearby Flood Policies	163 units insured incl. 147 condo units
Nearby Flood Claims	4 (1987–2025)
Claims Outside the SFHA	2 of 4
Most Recent Claim	Jan 2025 · rainfall accumulation

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 5050 Newport Dr 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	None beyond 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	ROLLING MEADOWS serves 23,329 people · EPA ID IL0312730
Water Source	Purchased surface water from NORTHWEST SUBURBAN MUNICIPAL JAWA
Last State Inspection	Apr 2025
Lead	2 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	5 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 52 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
AT&T Fixed Wireless	100 / 20

May also be available: Astound Broadband, T-Mobile, Verizon.

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