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550 Milton Ln, Hoffman Estates, IL 60169 Property Records

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

Property Highlights

Property TypeResidential > Single Family > Home
Bedrooms4 Beds
Bathrooms2 Baths
Year BuiltBuilt 1960
Square Footage2,019 sqft Living Area
Lot Size10,010 sqft (0.23 acres)
OccupancyOwner Occupied
Last Sale$302,500 (2018)
Tax Bill$7,882.00 (2023)

Property Details

APN / Parcel Number

Primary APN07-16-418-017
Alternative APN
  • 07-16-418-017-0000

Interior

Bedrooms4 Beds
Full Baths2 Baths
Total Rooms8 Rooms
Building Area2,019 sqft Living Area
1st Floor Area2,019 sqft 1st Floor
Stories1 Story
FireplaceFireplace
Fireplaces1 Fireplace

Exterior

Year BuiltBuilt 1959
Effective Year BuiltEffective 1960
Architectural StyleRanch
Exterior MaterialBrick/Stone
Construction TypeFrame
Roof MaterialAsphalt
Lot Area10,010 sqft (0.23 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address550 MILTON LN
CityHOFFMAN ESTATES
StateIL
Zip60169-3117
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal Description(HOFFMAN)(ESTATES)(VII) SUB OF PT SE SEC 16-41-10
Legal Range10E
Legal Township41N
Legal Section16
Legal SubdivisionHOFFMAN ESTATES VII
Legal Block102
Legal Lot Number17
JurisdictionCOOK IL
Township / Civil DivisionSCHAUMBURG
Census Block Group5
Census Block5016
Census Tract804709

Owner

Source: Cook County records · APN 07-16-418-017

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 MILTON LN, HOFFMAN ESTATES, IL 60169-3117
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Oct 23, 2019Deed of Trust, Mortgage · Conventional with PMI
GUIDANCE RESID'L
Jun 19, 2018Warranty Deed, Transfer · Conventional Mortgage
2004-0000251 LLC
Oct 20, 2017Warranty Deed, Transfer
CHICAGO TITLE COMPANY

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJun 19, 2018 · Amount on Record
Deed SaleJun 19, 2018 · Amount on Record
Prior SaleOct 20, 2017 · Amount on Record
Deed Document Number20186003
Record UpdatedSep 20, 2026

October 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address550 MILTON LN, HOFFMAN ESTATES, IL 60169-3117
Document Number1931949079
Instrument DateOct 23, 2019
Transaction TypeMortgage
Record UpdatedDec 05, 2019
Title CompanyFIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipMarried Couple
Address550 MILTON LN HOFFMAN ESTATES IL 601693117, HOFFMAN ESTATES, IL 60169-3117

Mortgage

Document Number1931949079
DateNov 15, 2019
Instrument31949079
Lender
NameGUIDANCE RESID'L
Agreement
TypeConventional with PMI
AmountAmount Recorded
Term360 Months
DueNov 14, 2049

June 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCOOK IL
Recording DateJun 19, 2018
Property Address550 MILTON LN, HOFFMAN ESTATES, IL 60169-3117
Document Number1817006003
Instrument DateMay 14, 2018
Instrument17006003
Transaction TypeTransfer
Record UpdatedJul 02, 2018
Title CompanyCHICAGO TITLE COMPANY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$302.50
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address550 MILTON LN HOFFMAN ESTATES IL 601693117, HOFFMAN ESTATES, IL 60169-3117

Mortgage

Document Number1817046004
DateJun 19, 2018
Instrument17046004
Lender
Name2004-0000251 LLC
Address11107 SUNSET HILLS RD # 200, RESTON, VA 20190-5376
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueJun 18, 2048

October 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCOOK IL
Recording DateOct 20, 2017
Property Address550 MILTON LN, HOFFMAN ESTATES, IL 60169-3117
Document Number1729317042
Instrument DateSep 22, 2017
Instrument29317042
Transaction TypeTransfer
Record UpdatedOct 31, 2017
Title CompanyCHICAGO TITLE COMPANY

Transaction

AmountAmount Recorded
Tax$195.00
Additional
  • Lis Pendens
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address550 MILTON LN HOFFMAN ESTATES IL 601693117, HOFFMAN ESTATES, IL 60169-3117

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$38,000 (+31.03%) Land $7,007 Building $30,993$380,000 (+31.03%) Land $70,070 Building $309,930
2023$7,882.00 (+3.77%)
2022$7,596.00 Homeowner's exemption$29,000 Land $6,006 Building $22,994$290,000 Land $60,060 Building $229,940

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Cook County (17031C), updated February 11, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

Wildfire

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

Values are read at the parcel center point; lenders make the official flood determination.

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