508 S Edward St, Mount Prospect, IL 60056 Property Records

Cook County property record for 508 S Edward St, Mount Prospect, IL 60056

Property Summary

Property TypeSingle Family Home
Details4 bd · 1.5 ba · 1,846 sqft · built 1963
Lot Size0.166 acres (7,236 sqft)
OwnerIndividual Name on Record
Tax Bill$8,366 (2023)
Deeds & MortgagesAug 2023 Mortgage
Flood ZoneZone X (minimal risk)
APN08-12-407-016

Property Details

APN / Parcel Number

Primary APN08-12-407-016
Alternative APN
  • 08-12-407-016-0000

Interior

Bedrooms4 Beds
Full Baths1.5 Baths
Half Baths1 Half Bath
Total Rooms7 Rooms
Stories2 Stories
Building Area1,846 sqft Living Area

Exterior

Year BuiltBuilt 1963
Effective Year BuiltEffective 1963
Architectural StyleMulti-Level
Exterior MaterialBrick/Stone
Construction TypeFrame
Foundation TypeNo Foundation
Roof MaterialAsphalt
Lot Area7,236 sqft (0.166 acres)
Garage TypeAttached
Parking Spaces1 Parking Space

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemHVAC

Location & Zoning

Street Address508 S EDWARD ST
CityMOUNT PROSPECT
StateIL
Zip60056-3910
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal Description(PLEASANT) HEIGHTS ADD TO (MOUNT)(PROSPECT) SUB OF LT S 3&4 IN OEHLERKINOIS DIVISION IN SE SEC 12-41-11
Legal Range11E
Legal Township41N
Legal Section12
Legal SubdivisionPLEASANT HEIGHTS ADD TO MOUNT PROSPECT
Legal Block4
Legal Lot Number3,4,S
JurisdictionCOOK IL
Township / Civil DivisionELK GROVE
Census Block Group3
Census Block3017
Census Tract804901

Owner

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

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

Owner of RecordIndividual Name on Record
Mailing Address508 S EDWARD ST, MOUNT PROSPECT, IL 60056-3910
OccupancyOwner Occupied
Owner TypeIndividual
VestingJoint Tenants

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedSep 20, 2026

August 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address508 S EDWARD ST, MOUNT PROSPECT, IL 60056-3910
Transaction TypeMortgage
Record UpdatedAug 15, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0021555288
DateAug 3, 2023
Instrument2321555288
Lender
NameFIRST AMERICAN BANK
TypeBank
AddressHAMPSHIRE, IL 60140
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term120 Months
DueAug 1, 2033
Interest
Rate8.25%

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionElk Grove Township
MunicipalityMount Prospect Village
Secondary School DistrictTownship High School District 214 (09 - 12)
Elementary School DistrictMount Prospect School District 57 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$43,000 (+19.44%) Land $8,683 Building $34,317$430,000 (+19.44%) Land $86,830 Building $343,170
2023$8,366.00 (+4.67%)
2022$7,993.00 Homeowner's exemption$36,000 Land $7,236 Building $28,764$360,000 Land $72,360 Building $287,640

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 6 (20% premium discount)
Nearby Flood Policies2 in force
Nearby Flood Claims6 (1987–2007)
Claims Outside the SFHA2 of 6
Most Recent ClaimAug 2007 · Severe Storms And Flooding
Claims by Event
  • Severe Storms & Flooding, Aug 1987 · 3 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 RiskNot 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 SystemMOUNT PROSPECT
serves 41,000 people · EPA ID IL0311980
Water SourcePurchased surface water from NORTHWEST SUBURBAN MUNICIPAL JAWA
Last State InspectionAug 2025
Lead2 ppb (2026–2028)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting11
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 671 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · DSL in parts of the area
5,000 / 5,000
Xfinity
Cable
2,000 / 250
Astound Broadband
Cable
1,500 / 50
Verizon
Fixed Wireless
1,000 / 75

May also be available: T-Mobile.

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