540 Milan Ln, Hoffman Estates, IL 60169 Property Records

Cook County property record for 540 Milan Ln, Hoffman Estates, IL 60169

Property Summary

Property Type	Single Family Home
Details	3 bd · 1.5 ba · 1,316 sqft · built 1960
Lot Size	0.23 acres (10,000 sqft)
Owner	Individual Name on Record
Last Sale	$435,000 (Jul 2026)
Tax Bill	$6,551 (2023)
Deeds & Mortgages	Jul 2026 Sale & Mortgage Nov 2017 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`07-16-414-015`

Property Details

APN / Parcel Number

Primary APN	`07-16-414-015`
Alternative APN	`07-16-414-015-0000`

Interior

Bedrooms	3 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Total Rooms	7 Rooms
Stories	1 Story
Building Area	1,316 sqft Living Area
1st Floor Area	1,316 sqft

Exterior

Year Built	Built 1960
Effective Year Built	Effective 1960
Architectural Style	Bungalow
Exterior Material	Brick/Stone
Construction Type	Frame
Foundation Type	No Foundation
Roof Material	Asphalt
Lot Area	10,000 sqft (0.23 acres)
Garage Type	Attached
Parking Spaces	1 Parking Space

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	540 MILAN LN
City	HOFFMAN ESTATES
State	IL
Zip	60169-3105
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	(HOFFMAN)(ESTATES)(VII) SUB OF PT SE SEC 16-41-10
Legal Range	10E
Legal Township	41N
Legal Section	16
Legal Subdivision	HOFFMAN ESTATES VII
Legal Block	101
Legal Lot Number	15
Jurisdiction	COOK IL
Township / Civil Division	SCHAUMBURG
Census Block Group	5
Census Block	5015
Census Tract	804709

Owner

Source: Cook County records, as of August 10, 2026

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

Owner of Record	Individual Name on Record
Mailing Address	540 MILAN LN, HOFFMAN ESTATES, IL 60169-3105
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Married Woman, Separate Property

Deeds, Mortgages & Sale History

Date	Document
Jul 23, 2026	Warranty Deed, Transfer · Conventional Mortgage LENDLINK FINANCIAL INC
Nov 9, 2017	Deed of Trust, Mortgage · Line of Credit BMO HARRIS BK NA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 23, 2026 · Amount on Record
Deed Sale	Jul 23, 2026 · Amount on Record
Prior Sale	May 5, 1994 · Amount on Record
Deed Document Number	20262042073
Record Updated	Sep 20, 2026

July 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Jul 23, 2026
Property Address	540 MILAN LN, HOFFMAN ESTATES, IL 60169-3105
Document Number	0000002073
Instrument Date	Jul 7, 2026
Instrument	20262073
Transaction Type	Transfer
Record Updated	Aug 10, 2026
Title Company	CHICAGO TITLE W, CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$65,902.50
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	540 MILAN LN, HOFFMAN ESTATES, IL 60169-3105

Mortgage

Document Number	0000002075,
Date	Jul 23, 2026
Instrument	20262042075

Lender

Name	LENDLINK FINANCIAL INC

Agreement

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

Interest

Rate Type	Fixed Rate
Rate	6.38%
Initial Type	Fixed Rate
Max Rate	-1%

November 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	540 MILAN LN, HOFFMAN ESTATES, IL 60169-3105
Document Number	1732401017
Instrument Date	Nov 9, 2017
Transaction Type	Mortgage
Record Updated	Nov 28, 2017

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	540 MILAN LN HOFFMAN ESTATES IL 601693105, HOFFMAN ESTATES, IL 60169-3105

Mortgage

Document Number	1732401017
Date	Nov 20, 2017
Instrument	32401017

Lender

Name	BMO HARRIS BK NA
Type	Bank
Address	CHICAGO, IL 60690

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	360 Months
Due	Nov 19, 2047

Interest

Rate Type	Adjustable Rate
Rate	5.09%

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	Hoffman Estates 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		$29,000 (+11.98%) Land $7,000 Building $22,000	$290,000 (+11.98%) Land $70,000 Building $220,000
2023	$6,551.00 (-1.86%)
2022	$6,675.00 Homeowner's exemption	$25,898 Land $6,000 Building $19,898	$258,980 Land $60,000 Building $198,980

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 7 (15% premium discount)
Nearby Flood Policies	1 in force

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	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	HOFFMAN ESTATES serves 50,179 people · EPA ID IL0311290
Water Source	Purchased surface water from several systems
Last State Inspection	Mar 2025
Lead	1 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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 503 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL · Fixed Wireless in parts of the area	5,000 / 5,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: Astound Broadband.

Nearby Properties on Milan Ln

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

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