506 S Main St, Mount Prospect, IL 60056 Property Records

Cook County property record for 506 S Main St, Mount Prospect, IL 60056

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 1,290 sqft · built 1954
Lot Size	0.18 acres (7,850 sqft)
Owner	2 Individual Names on Record
Last Sale	$567,000 (Aug 2026)
Tax Bill	$9,132 (2024)
Deeds & Mortgages	Aug 2026 Sale & Mortgage Nov 2021 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`08-12-308-010`

Property Details

APN / Parcel Number

Primary APN	`08-12-308-010`
Alternative APN	`08-12-308-010-0000`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Total Rooms	5 Rooms
Stories	1 Story
Building Area	1,290 sqft Living Area

Exterior

Year Built	Built 1954
Effective Year Built	Effective 1955
Architectural Style	Split Level
Exterior Material	Brick/Stone
Construction Type	Masonry / Concrete Block
Roof Material	Asphalt
Lot Area	7,850 sqft (0.18 acres)
Garage Type	Detached
Parking Spaces	1 Parking Space

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Hot Water
Water Source	Commercial

Location & Zoning

Street Address	506 S MAIN ST
City	MOUNT PROSPECT
State	IL
Zip	60056-3808
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	(PROSPECT) PARK SUB (NUMBER1) OF WH N60RDS OF SW SEC 12-41-11
Legal Range	11E
Legal Township	41N
Legal Section	12
Legal Subdivision	PROSPECT PARK SUB NUMBER1
Legal Block	7
Legal Lot Number	9
Jurisdiction	COOK IL
Township / Civil Division	ELK GROVE
Census Block Group	6
Census Block	6006
Census Tract	804901

Owner

Source: Cook County records, as of September 1, 2026

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

Owner of Record	2 Individual Names on Record
Mailing Address	2120 W WARNER AVE, 2W, CHICAGO, IL 60618-3476
Owner Type	Individual
Vesting	Joint Tenants

Deeds, Mortgages & Sale History

Date	Document
Aug 20, 2026	Warranty Deed, Transfer · Conventional Mortgage ORIGINPOINT LLC
Nov 10, 2021	Warranty Deed, Transfer · Conventional Mortgage GUARANTEED RATE INC

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Aug 20, 2026 · Amount on Record
Deed Sale	Aug 20, 2026 · Amount on Record
Prior Sale	Nov 10, 2021 · Amount on Record
Deed Document Number	202623225137
Prior Transfer Date	Jun 26, 1979
Prior Transfer Doc	0000000584
Record Updated	Oct 29, 2026

August 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Aug 20, 2026
Property Address	506 S MAIN ST, MOUNT PROSPECT, IL 60056-3808
Document Number	0000025137
Instrument Date	Jun 5, 2026
Instrument	202625137
Transaction Type	Transfer
Record Updated	Aug 27, 2026
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$85,900.50
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants

Mortgage

Document Number	0000025138,
Date	Aug 20, 2026
Instrument	202623225138

Lender

Name	ORIGINPOINT LLC

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Jul 1, 2056

Interest

Rate Type	Fixed Rate
Rate	6.6%
Initial Type	Fixed Rate
Max Rate	-1%

November 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Nov 10, 2021
Property Address	506 S MAIN ST, MOUNT PROSPECT, IL 60056-3808
Document Number	0031429035
Instrument Date	Nov 8, 2021
Instrument	2131429035
Transaction Type	Transfer
Record Updated	Nov 25, 2021
Title Company	TRULY TITLE INC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$365.00
Amount Accuracy	Rounded by County
Additional	Lis Pendens Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	506 S MAIN ST, MOUNT PROSPECT, IL 60056-3808

Mortgage

Document Number	0031429036
Date	Nov 10, 2021
Instrument	2131429036

Lender

Name	GUARANTEED RATE INC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Dec 1, 2051

Interest

Rate Type	Fixed Rate
Rate	2.99%

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	Mount Prospect School District 57 (PK - 08)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$40,000 (+21.21%) Land $9,420 Building $30,580	$400,000 (+21.21%) Land $94,200 Building $305,800
2024	$9,132.00 (+10.44%)
2023	$8,269.00 (+4.38%)
2022	$7,922.00 Homeowner's exemption	$33,000 Land $7,850 Building $25,150	$330,000 Land $78,500 Building $251,500

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

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	2 in force
Nearby Flood Claims	5 (1987–2013)
Claims Outside the SFHA	2 of 5
Most Recent Claim	Apr 2013 · Severe Storms, Straight-line Winds, And Flooding
Claims by Event	Severe Storms And Flooding, Aug 2007 · 2 claims

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

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

Wildfire Risk	Low lower than 99.1% of the US · lower than 94% of Illinois
Wildfire Likelihood	Under 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 488 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	1,000 / 75
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless · Fiber, DSL in parts of the area	100 / 20

May also be available: Zentro.

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