1516 E 61st St, Chicago, IL 60637 Property Records

Cook County property record for 1516 E 61st St, Chicago, IL 60637

Property Summary

Property Type	Multi-Family Dwellings
Details	built 1971
Lot Size	0.727 acres (31,671 sqft)
Owner	Company Name on Record
Last Sale	$14,750,000 (Jun 2003)
Tax Bill	$15,274 (2023)
Deeds & Mortgages	Aug 2022 Mortgage Oct 2017 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`20-14-405-024`

Property Details

APN / Parcel Number

Primary APN	`20-14-405-024`
Alternative APN	`20-14-405-024-0000`

Interior

Units	6 Units
Stories	2 Stories

Exterior

Year Built	Built 1971
Effective Year Built	Effective 1971
Architectural Style	Multi-Family
Lot Area	31,671 sqft (0.727 acres)

Location & Zoning

Street Address	1516 E 61ST ST
City	CHICAGO
State	IL
Zip	60637-2950
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Local Zoning Code	PD 43
Legal Range	14E
Legal Township	38N
Legal Section	14
Legal Subdivision	JACKSON PARK
Legal Lot Number	11,12
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	1
Census Block	1008
Census Tract	420100

Owner

Source: Cook County records, as of August 31, 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	1516 E 61ST ST, CHICAGO, IL 60637-2950
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Aug 9, 2022	Deed of Trust, Mortgage · Commercial Mortgage 6040 JPT LLC
Oct 26, 2017	Grant Deed, Mortgage PNC BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 16, 2003 · Amount on Record
Deed Sale	Jun 16, 2003 · Amount on Record
Deed Document Number	200332080
Last Transfer Date	Aug 2, 2022
Transfer Doc	0000017045
Record Updated	Oct 29, 2026

August 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	1516 E 61ST ST, CHICAGO, IL 60637-2950
Transaction Type	Mortgage
Record Updated	Aug 17, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0022117046
Date	Aug 9, 2022
Instrument	2222117046

Lender

Name	6040 JPT LLC
Type	Non-Lending Institution
Address	NEW YORK, NY 10176

Agreement

Type	Commercial Mortgage

October 2017: Grant Deed, Mortgage

Document Type	Grant Deed
Jurisdiction	COOK IL
Recording Date	Oct 26, 2017
Property Address	1516 E 61ST ST, CHICAGO, IL 60637-2950
Document Number	1729945042
Instrument Date	Oct 1, 2017
Instrument	29945042
Transaction Type	Mortgage
Record Updated	Nov 2, 2017
Title Company	OTHER

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	1500 E 63RD ST CHICAGO IL 606372921, CHICAGO, IL 60637-2921

Mortgage

Document Number	1729945042
Date	Oct 26, 2017
Instrument	29945042

Lender

Name	PNC BK
Type	Bank
Address	575 MARKET ST # 28TH, SAN FRANCISCO, CA 94105-2854

Agreement

Amount	Amount Recorded
Term	360 Months
Due	Oct 25, 2047

Interest

Rate	3.6%

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		$60,334 (-16.36%) Land $25,733 Building $34,601	$603,340 (-16.36%) Land $257,330 Building $346,010
2023	$15,274.00 (+2.95%)
2022	$14,837.00	$72,136 Land $38,005 Building $34,131	$721,360 Land $380,050 Building $341,310

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

Flood

Source: FEMA National Flood Hazard Layer, effective February 11, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

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

Wildfire Risk	Low lower than 99.1% of the US · lower than 94% of Illinois
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None 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 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 136 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	1,000 / 75
T-Mobile Fixed Wireless	100 / 20
AT&T DSL · Fixed Wireless in parts of the area	100 / 20

May also be available: Zentro.

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