1540 S Spaulding Ave, Chicago, IL 60623 Property Records

Cook County property record for 1540 S Spaulding Ave, Chicago, IL 60623

Property Summary

Property Type	Apartments (5+ Units)
Details	7 bd · 3 ba · 2,840 sqft · built 1894
Lot Size	0.072 acres (3,125 sqft)
Owner	Individual Name on File
Tax Bill	$1,415 (2023)
Deeds & Mortgages	Jun 2026 Mortgage Apr 2022 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`16-23-227-036`

Property Details

APN / Parcel Number

Primary APN	`16-23-227-036`
Alternative APN	`16-23-227-036-0000`

Interior

Bedrooms	7 Beds
Full Baths	3 Baths
Total Rooms	17 Rooms
Units	3 Units
Stories	2 Stories
Building Area	2,840 sqft Living Area

Exterior

Year Built	Built 1894
Effective Year Built	Effective 1896
Architectural Style	Multi-Family
Exterior Material	Brick/Stone
Construction Type	Masonry / Concrete Block
Roof Material	Tar & Gravel
Lot Area	3,125 sqft (0.072 acres)
Garage Type	Detached
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Hot Water

Location & Zoning

Street Address	1540 S SPAULDING AVE
City	CHICAGO
State	IL
Zip	60623-2156
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	RT-4
Legal Description	(PRESCOTTS)(DOUGLAS) PARK ADD TO (CHICAGO) SUB OF BLK S 1-2 5 & 10 OF CIRCUIT COURT PARTITION OF EH NE & PT EH SE LYING N OF
Legal Range	13E
Legal Township	39N
Legal Section	23
Legal Subdivision	PRESCOTTS DOUGLAS PARK ADD TO CHICAGO
Legal Block	1,2,1
Legal Lot Number	4
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	2
Census Block	2015
Census Tract	841500

Owner

1540 S Spaulding Ave, a residential property, is owned and occupied by an individual who acquired it in June 2021.

Source: Cook County records, as of June 23, 2026

Owner of Record	Individual Name on File
Mailing Address	1540 S SPAULDING AVE, CHICAGO, IL 60623-2156
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Tenants by the Entirety

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
Jun 16, 2026	Deed of Trust, Mortgage · Conventional Mortgage C AND R MORTGAGE CORPORATION
Apr 7, 2022	Deed of Trust, Mortgage · FHA Mortgage AMERIHOME MORTGAGE COMPANY LLC
Jun 3, 2021	Intrafamily Transfer, Transfer · FHA Mortgage AMERIHOME MORTGAGE COMPANY LLC
Jun 28, 2017	Warranty Deed, Transfer · FHA Mortgage ALTERRA HM LNS

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 3, 2021
Deed Sale	Jun 3, 2021
Prior Sale	Jun 28, 2017 · Amount on File
Deed Document Number	202139077
Prior Transfer Date	Apr 9, 2021
Prior Transfer Doc	0000039077
Record Updated	Oct 29, 2026

June 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Recording Date	Jun 16, 2026
Property Address	1540 S SPAULDING AVE, CHICAGO, IL 60623-2156
Document Number	0000020274
Instrument Date	May 6, 2026
Instrument	202620274
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety, 298
Address	1540 S SPAULDING AVE, CHICAGO, IL 60623-2156

Mortgage

Document Number	0000020274,
Date	Jun 16, 2026
Instrument	202620274

Lender

Name	C AND R MORTGAGE CORPORATION

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Jun 1, 2056

Interest

Rate Type	Fixed Rate
Rate	6.38%
Initial Type	Fixed Rate
Max Rate	-1%

April 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	1540 S SPAULDING AVE, CHICAGO, IL 60623-2156
Transaction Type	Mortgage
Record Updated	Apr 21, 2022
Title Company	CITYWIDE TITLE CORPORATION

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0009712046
Date	Apr 7, 2022
Instrument	2209712046

Lender

Name	AMERIHOME MORTGAGE COMPANY LLC
Type	Mortgage Company
Address	THOUSAND OAKS, CA 91362

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	360 Months
Due	Apr 1, 2052

Interest

Rate Type	Fixed Rate
Rate	3.62%

June 2021: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	COOK IL
Recording Date	Jun 3, 2021
Property Address	1540 S SPAULDING AVE, CHICAGO, IL 60623-2156
Document Number	0015439077
Instrument Date	Apr 9, 2021
Instrument	2115439077
Transaction Type	Transfer
Record Updated	Jun 16, 2021
Title Company	ORANGE COAST LENDER SERVICES LLC, ORANGE COAST LENDER SERVICES

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	1540 S SPAULDING AVE, CHICAGO, IL 60623-2156

Mortgage

Document Number	0015439078
Date	Jun 3, 2021
Instrument	2115439078

Lender

Name	AMERIHOME MORTGAGE COMPANY LLC
Type	Mortgage Company

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	349 Months
Due	Jul 1, 2050

Interest

Rate Type	Fixed Rate
Rate	3.62%

June 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Jun 28, 2017
Property Address	1540 S SPAULDING AVE, CHICAGO, IL 60623-2156
Document Number	1717947087
Instrument Date	Jun 21, 2017
Instrument	17947087
Transaction Type	Transfer
Record Updated	Jul 18, 2017
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE CO

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$145.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1540 S SPAULDING AVE CHICAGO IL 606232156, CHICAGO, IL 60623-2156

Mortgage

Document Number	1717947088
Date	Jun 28, 2017
Instrument	17947088

Lender

Name	ALTERRA HM LNS
Address	LAS VEGAS, NV 89145

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	360 Months
Due	Jun 27, 2047

Interest

Rate	4.5%

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		$24,000 Land $4,531 Building $19,469	$240,000 Land $45,310 Building $194,690
2023	$1,415.00 (+4.27%)
2022	$1,357.00 Homeowner's exemption	$9,999 Land $3,671 Building $6,328	$99,990 Land $36,710 Building $63,280

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 1540 S Spaulding Ave in Zone X, an area of minimal flood risk.

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

The area around 1540 S Spaulding 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	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 721 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless · DSL	100 / 20

May also be available: Verizon.

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