10240 Franklin Ave, Franklin Park, IL 60131 Property Records

Cook County property record for 10240 Franklin Ave, Franklin Park, IL 60131

Property Summary

Property Type	General Industrial
Details	4,944 sqft · built 1970
Lot Size	0.147 acres (6,383 sqft)
Owner	Company Name on File
Last Sale	$1,510,000 (Oct 2025)
Tax Bill	$25,632 (2023)
Deeds & Mortgages	Oct 2025 Sale & Mortgage Jul 2019 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`12-21-302-119`

Property Details

APN / Parcel Number

Primary APN	`12-21-302-119`
Alternative APN	`12-21-302-119-0000`

Interior

Stories	1 Story
Building Area	4,944 sqft Gross Area

Exterior

Year Built	Built 1970
Effective Year Built	Effective 1970
Lot Area	6,383 sqft (0.147 acres)

Location & Zoning

Street Address	10240 FRANKLIN AVE
City	FRANKLIN PARK
State	IL
Zip	60131-1528
Property Category	Industrial
Property Type	Industrial > General Industrial
Legal Description	(THIRD) ADD TO (FRANKLIN)(PARK) SUB SW SEC21 EX MANNH EIM & W10ACS OF PT SW LYING N RW C M & STP RR & E MANNHEIM & EX RW DEPO
Legal Range	12E
Legal Township	40N
Legal Section	21
Legal Subdivision	THIRD ADD TO FRANKLIN PARK
Legal Block	49,49
Legal Lot Number	20,19
Jurisdiction	COOK IL
Township / Civil Division	LEYDEN
Census Block Group	4
Census Block	4029
Census Tract	811500

Owner

10240 Franklin Ave, an industrial property, is owned by a company that bought it in October 2025.

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

Owner of Record	Company Name on File
Mailing Address	939 W NORTH AVE, 830, CHICAGO, IL 60642-7141
Owner Type	Company
Vesting	Limited Liability Partnership

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

Date	Document
Oct 31, 2025	Special Warranty Deed, Transfer · Commercial Mortgage WINTRUST BANK NA
Jul 19, 2019	Deed of Trust, Mortgage · Line of Credit FIRST SECURE CMNTY BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 31, 2025 · Amount on File
Deed Sale	Oct 31, 2025 · Amount on File
Deed Document Number	202527004
Record Updated	Sep 20, 2026

October 2025: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	COOK IL
Recording Date	Oct 31, 2025
Property Address	10240 FRANKLIN AVE, FRANKLIN PARK, IL 60131-1528
Document Number	0030427004
Instrument Date	Oct 17, 2025
Instrument	2530427004
Transaction Type	Transfer
Record Updated	Nov 12, 2025
Title Company	ATTORNEY

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,510.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	939 W NORTH AVE STE 830, 830, CHICAGO, IL 60642-7141

Mortgage

Document Number	0030427005
Date	Oct 31, 2025
Instrument	2530427005

Lender

Name	WINTRUST BANK NA
Type	Bank
Address	CHICAGO, IL 60604

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	36 Months
Due	Oct 17, 2028

July 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	10240 FRANKLIN AVE, FRANKLIN PARK, IL 60131-1528
Document Number	1921213169
Instrument Date	Jul 19, 2019
Transaction Type	Mortgage
Record Updated	Aug 8, 2019
Title Company	NOT AVAILABLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1800 GREENLEAF AVE ELK GROVE VILLAGE IL 600075502, ELK GROVE VILLAGE, IL 60007-5502

Mortgage

Document Number	1921213169
Date	Jul 31, 2019
Instrument	21213169

Lender

Name	FIRST SECURE CMNTY BK
Address	SUGAR GROVE, IL 60554

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	60 Months
Due	Jul 30, 2024

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
County Subdivision	Leyden Township
Municipality	Franklin Park Village
Secondary School District	Leyden Community High School District 212 (09 - 12)
Elementary School District	Mannheim School District 83 (PK - 08)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$96,000 Land $23,936 Building $72,064	$384,000 Land $95,744 Building $288,256
2023	$25,632.00 (+1.55%)	$79,301 (-) Land $11,968 Building $67,333	$317,204 (-) Land $47,872 Building $269,332
2022	$25,241.00	$79,301 Land $11,968 Building $67,333	$317,204 Land $47,872 Building $269,332

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 10240 Franklin Ave in Zone X, an area of minimal flood risk, though there have been 18 flood claims nearby since 2007.

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	18 (2007–2015)
Claims Outside the SFHA	1 of 18
Most Recent Claim	Jun 2015 · rainfall accumulation
Claims by Event	Severe Storms, Straight-line Winds, And Flooding, Apr 2013 · 2 claims Severe Storms And Flooding, Jul 2010 · 8 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 10240 Franklin Ave 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 Risk	Not 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 System	FRANKLIN PARK serves 18,467 people · EPA ID IL0310960
Water Source	Purchased surface water from CHICAGO
Last State Inspection	May 2025
Lead	6 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	4 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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 853 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL · Fixed Wireless in parts of the area	5,000 / 5,000
Xfinity Cable	2,000 / 250
T-Mobile Fixed Wireless	100 / 20

May also be available: Verizon.

Nearby Properties on Franklin Ave

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures