116 W Illinois St, Chicago, IL 60654 Property Records

Cook County property record for 116 W Illinois St, Chicago, IL 60654

Property Summary

Property Type	Commercial Building, Warehouse, Showroom
Details	55,194 sqft · built 1913
Lot Size	0.179 acres (7,783 sqft)
Owner	Company Name on Record
Last Sale	$3,000,000 (Sep 2024)
Tax Bill	$150,688 (2024)
Deeds & Mortgages	Sep 2025 Construction Loan Sep 2024 Sale & Line of Credit + 1 more
Flood Zone	Zone X (minimal risk)
APN	`17-09-246-011`

Property Details

APN / Parcel Number

Primary APN	`17-09-246-011`
Alternative APN	`17-09-246-011-0000`

Interior

Units	16 Units
Stories	7 Stories
Building Area	55,194 sqft Gross Area

Exterior

Year Built	Built 1913
Effective Year Built	Effective 1915
Lot Area	7,783 sqft (0.179 acres)

Location & Zoning

Street Address	116 W ILLINOIS ST
City	CHICAGO
State	IL
Zip	60654-6565
Property Category	Commercial
Property Type	Commercial > Retail > Commercial Building, Warehouse, Showroom
Local Zoning Code	DX-7
Legal Range	14E
Legal Township	39N
Legal Section	09
Legal Subdivision	WOLCOTTS ADD/CHICAGO
Legal Block	11
Legal Lot Number	5,6
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	2
Census Block	2025
Census Tract	81700

Owner

Source: Cook County records, as of August 25, 2026

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

Owner of Record	Company Name on Record
Mailing Address	516 N OGDEN AVE, CHICAGO, IL 60642-6421
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Sep 23, 2025	Deed of Trust, Mortgage · Construction Mortgage FIRST BANK CHICAGO
Sep 19, 2024	Warranty Deed, Transfer · Line of Credit LAKESIDE BANK
Nov 2, 2018	Deed of Trust, Mortgage · Line of Credit BRIDGEVIEW BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 19, 2024 · Amount on Record
Deed Sale	Sep 19, 2024 · Amount on Record
Deed Document Number	202420172
Record Updated	Oct 29, 2026

September 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	116 W ILLINOIS ST, CHICAGO, IL 60654-6565
Transaction Type	Mortgage
Record Updated	May 8, 2026
Title Company	GREATER ILLINOIS TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	516 N OGDEN AVE 137, CHICAGO, IL 60642-6421

Mortgage

Document Number	0026620181
Date	Sep 23, 2025
Instrument	2526620181

Lender

Name	FIRST BANK CHICAGO
Type	Bank
Address	NORTHBROOK, IL 60062

Agreement

Type	Construction Mortgage
Amount	Amount Recorded

September 2024: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Sep 19, 2024
Property Address	116 W ILLINOIS ST, CHICAGO, IL 60654-6565
Document Number	0026320172
Instrument Date	Aug 28, 2024
Instrument	2426320172
Transaction Type	Transfer
Record Updated	May 8, 2026
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$3,000.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	516 N OGDEN AVE # 137, CHICAGO, IL 60642-6421

Mortgage

Document Number	0026320173
Date	Sep 19, 2024
Instrument	2426320173

Lender

Name	LAKESIDE BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

November 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	116 W ILLINOIS ST, CHICAGO, IL 60654-6565
Document Number	1830949312
Instrument Date	Nov 2, 2018
Transaction Type	Mortgage
Record Updated	Nov 15, 2018
Title Company	FREEDOM TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	116 W ILLINOIS ST CHICAGO IL 606546565, CHICAGO, IL 60654-6565

Mortgage

Document Number	1830949312
Date	Nov 5, 2018
Instrument	30949312

Lender

Name	BRIDGEVIEW BK
Type	Bank
Address	4753 N BROADWAY ST, CHICAGO, IL 60640-5266

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate
Rate	5.25%

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
Municipality	Chicago City
Unified School District	Chicago Public School District 299 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$750,037 (-24.42%) Land $466,980 Building $283,057	$3,000,148 (-24.42%) Land $1,867,920 Building $1,132,228
2024	$150,688.00 (-28.03%)
2023	$209,377.00 (+2.58%)
2022	$204,110.00	$992,356 Land $389,150 Building $603,206	$3,969,424 Land $1,556,600 Building $2,412,824

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

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 Policies	4 in force
Nearby Flood Claims	1 (2020)
Claims Outside the SFHA	1 of 1
Most Recent Claim	May 2020 · 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 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	CHICAGO serves 2,721,308 people · EPA ID IL0316000
Water Source	Surface water
Last State Inspection	Mar 2026
Lead	6 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	8 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 390 locations within half a mile, as of December 31, 2025

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

May also be available: Google Fiber, T-Mobile, Verizon, Zentro.

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