1 W Wacker Dr, Chicago, IL 60601 Property Records

Cook County property record for 1 W Wacker Dr, Chicago, IL 60601 · Last verified August 2026

Property Highlights

Property TypeCommercial > Retail > Motel
Year BuiltBuilt 1990
Square Footage533,325 sqft Gross Area
Lot Size1.16 acres
Tax Bill$3,837,496.00 (2023)

Property Details

APN / Parcel Number

Primary APN17-09-426-031
Alternative APN
  • 17-09-426-031-0000

Interior

Units560 Units
Building Area533,325 sqft Gross Area
Stories26 Stories

Exterior

Year BuiltBuilt 1989
Effective Year BuiltEffective 1990
Lot Area50,530 sqft

Location & Zoning

Street Address1 W WACKER DR
CityCHICAGO
StateIL
Zip60601-1631
Property UsageCommercial Property Usage
TypeCommercial > Retail > Motel
Legal DescriptionLEO (BURNETT) RESUB OF A TRACT OF LAND IN THE EH OF T HE SE IN SEC 09-39-14
Legal Range14E
Legal Township39N
Legal Section09
Legal SubdivisionLEO BURNETT RESUB OF A TRACT OF LAND I
Legal Block16
Legal Lot Number2
JurisdictionCOOK IL
Minor Civil DivisionCHICAGO
Census Blockgroup1
Census Block1016
Census Tract839100

Owner

Source: Cook County records · APN 17-09-426-031

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

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

Owner of RecordCompany Name on File
Mailing Address1 W WACKER DR, CHICAGO, IL 60601-1631
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Sep 29, 2025Deed of Trust, Mortgage · Commercial Mortgage
CITIBANK NA
Dec 22, 2022Lease, Transfer · Building or Construction Mortgage
CITIBANK NA
Aug 20, 2020Grant Deed, Transfer
ATTORNEY ONLY

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleDec 22, 2022
Deed SaleDec 22, 2022
Prior SaleAug 20, 2020 · Amount on Record
Deed Doc Number202210078
Prior Transfer DateDec 15, 2022
Prior Transfer Doc0000010078
Record RefreshedSep 20, 2026

September 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address1 W WACKER DR, CHICAGO, IL 60601-1631
Transaction TypeMortgage
Record UpdatedMay 08, 2026
Title CompanySTEWART TITLE, STEWART TITLE GUARANTY CO

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0027223107
DateSep 29, 2025
Instrument2527223107
Lender
NameCITIBANK NA
TypeBank
AddressNEW YORK, NY 10013
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term284 Months
DueMay 01, 2049
Interest
Rate TypeFixed Rate
Rate1.5%

December 2022: Lease, Transfer

Document TypeLease
JurisdictionCOOK IL
Recording DateDec 22, 2022
Property Address1 W WACKER DR, CHICAGO, IL 60601-1631
Document Number0035610078
Map ReferenceDOC 90117294
Instrument DateDec 15, 2022
Instrument2235610078
Transaction TypeTransfer
Record UpdatedMay 08, 2026
Title CompanyATTORNEY

Transaction

Tax$0.00
Amount AccuracyZero or No Consideration Stated
Additional
  • Arms Length Transaction
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address250 VESEY ST, NEW YORK, NY 10281-1052

Mortgage

Document Number0035610079
DateDec 22, 2022
Instrument2235610079
Lender
NameCITIBANK NA
TypeBank
AddressNEW YORK, NY 10013
Agreement
TypeBuilding or Construction Mortgage
AmountAmount Recorded

August 2020: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionCOOK IL
Recording DateAug 20, 2020
Property Address1 W WACKER DR, CHICAGO, IL 60601-1631
Document Number2023334001
Instrument DateAug 14, 2020
Instrument23334001
Transaction TypeTransfer
Record UpdatedSep 07, 2020
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
Tax$26,500.00

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address217 BROADWAY #700 NEW YORK NY 100072909, 700, NEW YORK, NY 10007-2909

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
MunicipalityChicago City
Unified School DistrictChicago Public School District 299 (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2025$29,849,001 (+71.71%) Land $1,889,738 Building $27,959,263$119,396,004 (+71.71%) Land $7,558,952 Building $111,837,052
2023$3,837,496.00 (+3%)
2022$3,725,784.00$17,382,877 Land $5,984,168 Building $11,398,709$69,531,508 Land $23,936,672 Building $45,594,836

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
Nearest Special Flood Hazard AreaZone A, within 500 ft

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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