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550 Milan Ln, Hoffman Estates, IL 60169 Property Records

Cook County property record for 550 Milan Ln, Hoffman Estates, IL 60169 · Last verified June 2026

Property Summary

Property TypeSingle Family Home
Details3 bd · 2.5 ba · 1,602 sqft · built 1959
Lot Size0.23 acres (10,000 sqft)
OwnerIndividual Name on File
Last Sale$275,500 (Nov 2020)
Tax Bill$8,803 (2023)
Deeds & MortgagesNov 2020 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN07-16-414-014

Property Details

APN / Parcel Number

Primary APN07-16-414-014
Alternative APN
  • 07-16-414-014-0000

Interior

Bedrooms3 Beds
Full Baths2.5 Baths
Half Baths1 Half Bath
Total Rooms5 Rooms
Stories1 Story
Building Area1,602 sqft Living Area
1st Floor Area1,602 sqft

Exterior

Year BuiltBuilt 1959
Effective Year BuiltEffective 1960
Architectural StyleBungalow
Exterior MaterialBrick/Stone
Construction TypeFrame
Roof MaterialAsphalt
Lot Area10,000 sqft (0.23 acres)
Garage TypeDetached
Parking Spaces3 Parking Spaces

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemHVAC

Location & Zoning

Street Address550 MILAN LN
CityHOFFMAN ESTATES
StateIL
Zip60169-3105
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal Description(VICTORIA) (CROSSING) BNG A SUB OF THE NE SE SEC17 & THE NH EX 8 ACRES OF THE SW SEC 16-41-10
Legal Range10E
Legal Township41N
Legal Section16
Legal SubdivisionVICTORIA CROSSING
Legal Block4
Legal Lot Number14
JurisdictionCOOK IL
Township / Civil DivisionSCHAUMBURG
Census Block Group5
Census Block5015
Census Tract804709

Owner

Source: Cook County records · APN 07-16-414-014

Assessment roll updated May 27, 2026 · Last verified June 2026

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

Owner of RecordIndividual Name on File
Mailing Address550 MILAN LN, HOFFMAN ESTATES, IL 60169-3105
OccupancyOwner Occupied
Owner TypeIndividual
VestingTenants by the Entirety

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleNov 12, 2020 · Amount on Record
Deed SaleNov 12, 2020 · Amount on Record
Deed Document Number20207536
Record UpdatedSep 20, 2026

November 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCOOK IL
Recording DateNov 12, 2020
Property Address550 MILAN LN, HOFFMAN ESTATES, IL 60169-3105
Document Number2031707536
Instrument DateSep 22, 2020
Instrument31707536
Transaction TypeTransfer
Record UpdatedNov 25, 2020
Title CompanyFIDELITY NATIONAL TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$276.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants by the Entirety
Address1234 VALLEY LAKE DR SCHAUMBURG IL 601953630, SCHAUMBURG, IL 60195-3630

Mortgage

Document Number2031707537
DateNov 12, 2020
Instrument31707537
Lender
NameLOAN CABIN INC
AddressLOMBARD, IL 60148
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term180 Months
DueNov 11, 2035
Interest
Rate TypeFixed Rate
Rate2.5%

Tax Assessment & Valuation

Source: Cook County records · Assessment roll updated May 27, 2026 · Last verified June 2026

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionSchaumburg Township
MunicipalityHoffman Estates Village
Secondary School DistrictTownship High School District 211 (09 - 12)
Elementary School DistrictSchaumburg Community Consolidated School District 54 (PK - 08)

Tax Bill & Assessment History

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.

YearTax BillAssessed ValueAssessed Market Value
2025$36,000 (+12.5%) Land $7,000 Building $29,000$360,000 (+12.5%) Land $70,000 Building $290,000
2023$8,803.00 (+3.72%)
2022$8,487.00 Homeowner's exemption$32,000 Land $6,000 Building $26,000$320,000 Land $60,000 Building $260,000

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Cook County (17031C), updated February 11, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 170318047095, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies1 in force

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 503 locations within about half a mile of this property

ProviderTechnologyDownload / Upload (Mbps)
AT&TFiber5,000 / 5,000
XfinityCable2,000 / 250
VerizonFixed Wireless300 / 20
T-Mobile USAFixed Wireless100 / 20
AT&TDSL100 / 20

May also be available at this address: AT&T, Radiate Holdings. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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