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706 Morse Ave, #12, Schaumburg, IL 60193 Property Records

Cook County property record for 706 Morse Ave, #12, Schaumburg, IL 60193

Property Summary

Property TypeGeneral Industrial
Details11,460 sqft · built 1982
Lot Size0.727 acres (31,680 sqft)
OwnerCompany Name on File
Last Sale$390,000 (Dec 2018)
Tax Bill$51,491 (2023)
Deeds & MortgagesJan 2023 Mortgage
Dec 2018 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN07-33-202-064

Property Details

APN / Parcel Number

Primary APN07-33-202-064
Alternative APN
  • 07-33-202-064-0000

Interior

Building Area11,460 sqft Gross Area

Exterior

Year BuiltBuilt 1982
Effective Year BuiltEffective 1982
Lot Area31,680 sqft (0.727 acres)

Location & Zoning

Street Address706 MORSE AVE
CitySCHAUMBURG
StateIL
Zip60193-4534
Property CategoryIndustrial
Property TypeIndustrial > General Industrial
Legal Description(CENTEX) (SCHAUMBURG) INDUSTRIAL PARK (UNIT116) SUB O F PT NH SEC 33-41-10
Legal Range10E
Legal Township41N
Legal Section33
Legal SubdivisionCENTEX SCHAUMBURG INDUSTRIAL PARK UNIT11
Legal Block3
Legal Lot Number35
Legal Unit116
JurisdictionCOOK IL
Township / Civil DivisionSCHAUMBURG
Census Block Group1
Census Block1005
Census Tract804803

Owner

706 Morse Ave, #12, an industrial property, is owned by a company that bought it in December 2018.

Source: Cook County records, as of July 20, 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 RecordCompany Name on File
Mailing Address708 MORSE AVE, SCHAUMBURG, IL 60193-4534
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
Jan 3, 2023Deed of Trust, Mortgage · SBA Mortgage
SMALL BUSINESS GROWTH CORPORATION
Dec 19, 2018Grant Deed, Transfer · Conventional with PMI
MERCHANTS & MANUFACTURERS BK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 19, 2018 · Amount on File
Deed SaleDec 19, 2018 · Amount on File
Deed Document Number201849035
Record UpdatedSep 20, 2026

January 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address706 MORSE AVE # 12, 12, SCHAUMBURG, IL 60193-4534
Transaction TypeMortgage
Record UpdatedJan 12, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000346066
DateJan 3, 2023
Instrument2300346066
Lender
NameSMALL BUSINESS GROWTH CORPORATION
TypeNon-Lending Institution
AddressSPRINGFIELD, IL 62704
Agreement
TypeSBA Mortgage
AmountAmount on Record

December 2018: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionCOOK IL
Recording DateDec 19, 2018
Property Address706 MORSE AVE # 12, 12, SCHAUMBURG, IL 60193-4534
Document Number1835349035
Instrument DateDec 14, 2018
Instrument35349035
Transaction TypeTransfer
Record UpdatedDec 31, 2018
Title CompanyGREATER ILLINOIS TITLE COMPANY, GIT

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$390.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address708 MORSE AVE SCHAUMBURG IL 601934534, SCHAUMBURG, IL 60193-4534

Mortgage

Document Number1835349036
DateDec 19, 2018
Instrument35349036
Lender
NameMERCHANTS & MANUFACTURERS BK
AddressOAKBROOK TERRACE, IL 60181
Agreement
TypeConventional with PMI
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$190,076 Land $63,360 Building $126,716$760,304 Land $253,440 Building $506,864
2023$51,491.00 (+3.12%)
2022$49,931.00$183,816 Land $47,520 Building $136,296$735,264 Land $190,080 Building $545,184

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

FEMA maps place 706 Morse Ave, #12 in Zone X, an area of minimal flood risk, though there have been 6 flood claims nearby since 1979.

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
Nearby Flood Claims6 (1979–2013)
Claims Outside the SFHA5 of 6
Most Recent ClaimApr 2013 · Severe Storms, Straight-line Winds, And Flooding
Claims by Event
  • Severe Storms And Flooding, Jul 2010 · 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

The area around 706 Morse Ave, #12 has no burnable land within ember reach, so its wildfire risk is not rated.

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 SystemSCHAUMBURG
serves 75,750 people · EPA ID IL0314890
Water SourcePurchased surface water from NORTHWEST SUBURBAN MUNICIPAL JAWA
Last State InspectionMar 2025
LeadUnder 1 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting3
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 160 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

May also be available: AT&T, T-Mobile, Verizon.

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