Cook County property record for 506 S Busse Rd, Mount Prospect, IL 60056
| Property Type | Single Family Home |
|---|---|
| Details | 3 bd · 1.5 ba · 1,455 sqft · built 1961 |
| Lot Size | 0.459 acres (20,000 sqft) |
| Owner | 2 Individual Names on File |
| Last Sale | $525,000 (Oct 2025) |
| Tax Bill | $8,085 (2023) |
| Deeds & Mortgages | Sep 2022 Line of Credit Jan 2025 Line of Credit + 1 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 08-10-405-004 |
| Primary APN | 08-10-405-004 |
|---|---|
| Alternative APN |
|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 1.5 Baths |
| Half Baths | 1 Half Bath |
| Total Rooms | 7 Rooms |
| Stories | 1 Story |
| Building Area | 1,455 sqft Living Area |
| 1st Floor Area | 1,455 sqft |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1961 |
|---|---|
| Effective Year Built | Effective 1962 |
| Architectural Style | Bungalow |
| Exterior Material | Brick/Stone |
| Construction Type | Masonry / Concrete Block |
| Foundation Type | Slab (Mat/Raft) |
| Roof Material | Asphalt |
| Lot Area | 20,000 sqft (0.459 acres) |
| Garage Type | Attached |
| Parking Spaces | 1 Parking Space |
| Cooling System | Central |
|---|---|
| Heating System | HVAC |
| Street Address | 506 S BUSSE RD |
|---|---|
| City | MOUNT PROSPECT |
| State | IL |
| Zip | 60056-3637 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | (HATLEN) (HEIGHTS) ESTATES (UNIT1) SUB OF PT OF LTS 3 -6 TAKEN AS TRACT IN OWNERS DIVISION OF SE EXCEPT WH OF SW SE SEC 10-41 |
| Legal Range | 11E |
| Legal Township | 41N |
| Legal Section | 10 |
| Legal Subdivision | HATLEN HEIGHTS ESTATES UNIT1 |
| Legal Lot Number | 3-6 |
| Legal Unit | 1 |
| Jurisdiction | COOK IL |
| Township / Civil Division | ELK GROVE |
| Census Block Group | 1 |
| Census Block | 1012 |
| Census Tract | 805109 |
506 S Busse Rd is owned and occupied by two individuals who bought it in October 2025.
Source: Cook County records, as of May 27, 2026
| Owner of Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 506 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.
| Date | Document |
|---|---|
| Sep 19, 2022 | Deed of Trust, Mortgage · Line of Credit BUSEY BANK |
| Jan 2, 2025 | Deed of Trust, Mortgage · Line of Credit BUSEY BANK |
| Oct 29, 2025 | Deed, Transfer · Conventional Mortgage KEY MORTGAGE SERVICES INC |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Oct 29, 2025 · Amount on File |
| Deed Sale | Oct 29, 2025 · Amount on File |
| Prior Sale | Apr 16, 1998 · Amount on File |
| Deed Document Number | 202524171 |
| Prior Transfer Date | Aug 30, 2016 |
| Prior Transfer Doc | 0000049206 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | COOK IL |
| Property Address | 506 S BUSSE RD, MOUNT PROSPECT, IL 60056-3637 |
| Transaction Type | Mortgage |
| Record Updated | Apr 2, 2026 |
| Name | Verified Name |
|---|
| Document Number | 0026215036 |
|---|---|
| Date | Sep 19, 2022 |
| Instrument | 2226215036 |
| Name | BUSEY BANK |
|---|---|
| Type | Bank |
| Address | BLOOMINGTON, IL 61704 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 240 Months |
| Due | Sep 2, 2042 |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | COOK IL |
| Property Address | 506 S BUSSE RD, MOUNT PROSPECT, IL 60056-3637 |
| Transaction Type | Mortgage |
| Record Updated | Apr 2, 2026 |
| Name | Verified Name |
|---|
| Document Number | 0000214091 |
|---|---|
| Date | Jan 2, 2025 |
| Instrument | 2500214091 |
| Name | BUSEY BANK |
|---|---|
| Type | Bank |
| Address | CHAMPAIGN, IL 61820 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 239 Months |
| Due | Dec 19, 2044 |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly |
| Document Type | Deed |
|---|---|
| Jurisdiction | COOK IL |
| Recording Date | Oct 29, 2025 |
| Property Address | 506 S BUSSE RD, MOUNT PROSPECT, IL 60056-3637 |
| Document Number | 0030224171 |
| Map Reference | DOC 1737769 |
| Instrument Date | Oct 22, 2025 |
| Instrument | 2530224171 |
| Transaction Type | Transfer |
| Record Updated | Apr 2, 2026 |
| Title Company | E-CHICAGO TITLE, CHICAGO TITLE |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $525.00 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Tenants by the Entirety |
| Address | 506 S BUSSE RD, MOUNT PROSPECT, IL 60056-3637 |
| Document Number | 0030224172 |
|---|---|
| Date | Oct 29, 2025 |
| Instrument | 2530224172 |
| Name | KEY MORTGAGE SERVICES INC |
|---|---|
| Type | Mortgage Company |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 361 Months |
| Due | Nov 1, 2055 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 6.82% |
Source: Cook County assessment roll, as of May 27, 2026
| 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) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $40,000 Land $20,000 Building $20,000 | $400,000 Land $200,000 Building $200,000 | |
| 2023 | $8,085.00 (+4.78%) Homeowner's exemption Senior Citizen's exemption | $37,000 (-) Land $18,500 Building $18,500 | $370,000 (-) Land $185,000 Building $185,000 |
| 2022 | $7,716.00 Homeowner's exemption Senior Citizen's exemption | $37,000 Land $18,500 Building $18,500 | $370,000 Land $185,000 Building $185,000 |
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.
FEMA maps place 506 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 risk around 506 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.
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 |
| 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.
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 |
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