871 E Palatine Rd, Wheeling, IL 60090 Property Records

Cook County property record for 871 E Palatine Rd, Wheeling, IL 60090

Property Summary

Property TypeParking Garage, Parking Structure
Details9,900 sqft · built 1989
Lot Size1.08 acres (47,045 sqft)
OwnerCompany Name on File
Last Sale$526,500 (Mar 2012)
Tax Bill$78,743 (2023)
Deeds & MortgagesNov 2022 Mortgage
Flood ZoneZone AE (high risk)
APN03-24-200-131

Property Details

APN / Parcel Number

Primary APN03-24-200-131
Alternative APN
  • 03-24-200-131-0000

Interior

Stories1 Story
Building Area9,900 sqft Gross Area

Exterior

Year BuiltBuilt 1989
Effective Year BuiltEffective 1989
Lot Area47,045 sqft

Location & Zoning

Street Address871 E PALATINE RD
CityPROSPECT HEIGHTS
StateIL
Zip60070
Property CategoryCommercial
Property TypeCommercial > Retail > Parking Garage, Parking Structure
Legal DescriptionNE4 OF SEC24 T42N R11E 3P
Legal Range11E
Legal Township42N
Legal Section24
JurisdictionCOOK IL
Township / Civil DivisionWHEELING
Census Block Group6
Census Block6000
Census Tract802505

Owner

871 E Palatine Rd, a commercial property, is owned by a company that bought it in March 2012.

Source: Cook County records, as of May 27, 2026

Owner of RecordCompany Name on File
Mailing Address1290 PETERSON DR, WHEELING, IL 60090-6454
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 26, 2012 · Amount on File
Deed SaleMar 26, 2012 · Amount on File
Prior SaleOct 19, 2011
Deed Document Number201222036
Record UpdatedOct 29, 2026

November 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address871 E PALATINE RD, WHEELING, IL 60090-6523
Transaction TypeMortgage
Record UpdatedDec 5, 2022
Title CompanySTEWART TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address1290 PETERSON DR, WHEELING, IL 60090-6454

Mortgage

Document Number0032613244
DateNov 22, 2022
Instrument2232613244
Lender
NameNORTHBROOK BANK & TRUST CO NA
TypeBank
AddressNORTHBROOK, IL 60062
Agreement
TypeCommercial Mortgage
AmountAmount on Record

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionWheeling Township
MunicipalityProspect Heights City
Secondary School DistrictTownship High School District 214 (09 - 12)
Elementary School DistrictWheeling Community Consolidated School District 21 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$247,001 Land $177,008 Building $69,993$988,004 Land $708,032 Building $279,972
2023$78,743.00 (+6.58%)
2022$73,885.00$235,125 Land $138,655 Building $96,470$940,500 Land $554,620 Building $385,880

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 871 E Palatine Rd in Zone AE, a high-risk flood area; flood insurance is required for federally backed loans.

Source: FEMA National Flood Hazard Layer, effective February 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone AE
high risk
100-Year FloodplainYes
1% annual chance
FloodwayNo
Base Flood ElevationVaries along the reach; see FIRM
Flood Insurance RequirementRequired
federally backed loans
Flood Insurance CostPremium on File
median of 16 individual policies
Community Rating SystemClass 6 (20% premium discount)
Nearby Flood Policies280 units insured
incl. 264 condo units

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

Wildfire risk around 871 E Palatine Rd is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.1% of the US · lower than 94% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond 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-CHICAGO SUBURBAN
private · serves 11,187 people · EPA ID IL0315150
Water SourcePurchased surface water from several systems
Last State InspectionFeb 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 65 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
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 E Palatine Rd

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