656 W Algonquin Rd, Des Plaines, IL 60016 Property Records

Cook County property record for 656 W Algonquin Rd, Des Plaines, IL 60016

Property Summary

Property TypeRegional Shopping Center, Mall
Details12,200 sqft · built 1968
Lot Size0.752 acres (32,750 sqft)
OwnerIndividual Name on File
Tax Bill$64,391 (2023)
Deeds & MortgagesSep 2021 Line of Credit
Oct 2020 Loan Modification
+ 1 more
Flood ZoneZone X (minimal risk)
APN08-24-102-006

Property Details

APN / Parcel Number

Primary APN08-24-102-006
Alternative APN
  • 08-24-102-006-0000

Interior

Units7 Units
Stories2 Stories
Building Area12,200 sqft Gross Area

Exterior

Year BuiltBuilt 1968
Effective Year BuiltEffective 1968
Lot Area32,750 sqft (0.752 acres)

Location & Zoning

Street Address656 W ALGONQUIN RD
CityDES PLAINES
StateIL
Zip60016-5760
Property CategoryCommercial
Property TypeCommercial > Retail > Regional Shopping Center, Mall
Legal Range11E
Legal Township41N
Legal Section24
JurisdictionCOOK IL
Township / Civil DivisionELK GROVE
Census Block Group3
Census Block3001
Census Tract805111

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 File
Mailing Address208 COVINGTON CT, OAK BROOK, IL 60523-2591
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Sep 15, 2021Deed of Trust, Mortgage · Line of Credit
GOLD COAST BANK CHICAGO IL
Oct 20, 2020Loan Modification, Mortgage
GOLD COAST BK
Jan 29, 2020Loan Modification, Mortgage
GOLD COAST BK

Assessor's Deed Record

Deed NamesName on Deed
Last Transfer DateJul 30, 2012
Transfer Doc0000046076
Record UpdatedSep 20, 2026

September 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address656 W ALGONQUIN RD, DES PLAINES, IL 60016-5760
Transaction TypeMortgage
Record UpdatedApr 22, 2022

Transferred To (Grantee/Buyer)

NameVerified Name
Address208 COVINGTON CT, OAK BROOK, IL 60523-2591

Mortgage

Document Number0025807344
DateSep 15, 2021
Instrument2125807344
Lender
NameGOLD COAST BANK CHICAGO IL
TypeBank
AddressCHICAGO, IL 60610
Agreement
TypeLine of Credit
AmountAmount on Record

October 2020: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionCOOK IL
Property Address656 W ALGONQUIN RD, DES PLAINES, IL 60016-5760
Document Number2034422155
Instrument DateOct 20, 2020
Transaction TypeMortgage
Record UpdatedDec 29, 2020
Title CompanyATTORNEY ONLY

Transferred To (Grantee/Buyer)

NameVerified Name
Address640-58 ALGONQUIN CHICAGO IL 60661, CHICAGO, IL 60661

Mortgage

Document Number2034422155
DateDec 9, 2020
Instrument34422155
Lender
NameGOLD COAST BK
TypeBank
Agreement
AmountAmount on Record
Term240 Months
DueDec 8, 2040

January 2020: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionCOOK IL
Property Address656 W ALGONQUIN RD, DES PLAINES, IL 60016-5760
Document Number2003508386
Instrument DateJan 29, 2020
Transaction TypeMortgage
Record UpdatedFeb 19, 2020
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address640 W ALGONQUIN RD #58 DES PLAINES IL 600165703, 58, DES PLAINES, IL 60016-5703

Mortgage

Document Number2003508386
DateFeb 4, 2020
Instrument3508386
Lender
NameGOLD COAST BK
TypeBank
AddressCHICAGO, IL 60610
Agreement
AmountAmount on Record
Term204 Months
DueFeb 3, 2037

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionElk Grove Township
MunicipalityDes Plaines City
Secondary School DistrictTownship High School District 214 (09 - 12)
Elementary School DistrictCommunity Consolidated School District 59 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$287,750 (+13.23%) Land $143,281 Building $144,469$1,151,000 (+13.23%) Land $573,124 Building $577,876
2023$64,391.00 (+4.59%)
2022$61,567.00$254,139 Land $29,966 Building $224,173$1,016,556 Land $119,864 Building $896,692

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 5 (25% premium discount)
Nearby Flood Policies1 in force
Nearby Flood Claims3 (1987–2011)
Claims Outside the SFHA2 of 3
Most Recent ClaimJul 2011 · rainfall accumulation

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 SystemIL AMERICAN-WAYCINDEN
private · serves 1,934 people · EPA ID IL0317550
Water SourcePurchased surface water from several systems
Last State InspectionMay 2025
LeadUnder 1 ppb (2021–2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 312 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Astound Broadband
Cable
1,500 / 50
T-Mobile
Fixed Wireless
100 / 20
AT&T
DSL · Fiber in parts of the area
100 / 20

May also be available: Verizon.

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