159 N Dearborn St, Chicago, IL 60601 Property Records

Cook County property record for 159 N Dearborn St, Chicago, IL 60601

Property Summary

Property Type	Theater (Movie)
Details	82,021 sqft · built 1924
Lot Size	0.97 acres (4,235 sqft)
Owner	Individual Name on Record
Tax Bill	$143,240 (2024)
Deeds & Mortgages	Apr 2025 Line of Credit Nov 2020 Loan Modification + 1 more
Flood Zone	Zone X (minimal risk)
APN	`17-09-439-001`

Property Details

APN / Parcel Number

Primary APN	`17-09-439-001`
Alternative APN	`17-09-439-001-0000`

Interior

Stories	23 Stories
Building Area	82,021 sqft Gross Area

Exterior

Year Built	Built 1924
Effective Year Built	Effective 1924
Lot Area	4,235 sqft (0.97 acres)

Location & Zoning

Street Address	159 N DEARBORN ST
City	CHICAGO
State	IL
Zip	60601
Property Category	Commercial
Property Type	Commercial > Retail > Theater (Movie)
Local Zoning Code	DX-16
Legal Description	(ASSESSORS) DIVN OF LTS5-6,8 IN BLK36 OF ORIGINAL TOW N OF CHICAGO IN THE SE & SW SEC 09-39-14
Legal Range	14E
Legal Township	39N
Legal Section	09
Legal Subdivision	ASSESSORS DIVN OF LTS5-6,8 IN BLK36 OF
Legal Block	36
Legal Lot Number	5,6
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	1
Census Block	1044
Census Tract	839100

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Individually Listed	Oliver Building listed 1983 · 1 contributing resources · NRIS 83003563

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

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	Individual Name on Record
Mailing Address	17 N STATE ST, 810, CHICAGO, IL 60602-3047
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Apr 1, 2025	Deed of Trust, Mortgage · Line of Credit CUSTOMERS BANK
Nov 9, 2020	Loan Modification, Mortgage CITY NAT'L BK
Mar 28, 2018	Loan Modification, Mortgage CITY NAT'L BK/COLORADO CTY

Assessor's Deed Record

Deed Names	Name on Deed
Record Updated	Oct 29, 2026

April 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	159 N DEARBORN ST, CHICAGO, IL 60601
Transaction Type	Mortgage
Record Updated	May 8, 2026
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1450 BROADWAY 6, 6, NEW YORK, NY 10018-2260

Mortgage

Document Number	0009108017
Date	Apr 1, 2025
Instrument	2509108017

Lender

Name	CUSTOMERS BANK
Type	Bank
Address	NEW YORK, NY 10178

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	59 Months
Due	Mar 28, 2030

November 2020: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	COOK IL
Property Address	159 N DEARBORN ST, CHICAGO, IL 60601
Document Number	2035122007
Instrument Date	Nov 9, 2020
Transaction Type	Mortgage
Record Updated	Jan 5, 2021
Title Company	ATTORNEY ONLY

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1450 BROADWAY #6TH NEW YORK NY 100182201, 6TH, NEW YORK, NY 10018-2201

Mortgage

Document Number	2035122007
Date	Dec 16, 2020
Instrument	35122007

Lender

Name	CITY NAT'L BK
Type	Bank
Address	1140 AVENUE 2FLOOR, NEW YORK, NY 10036

Agreement

Amount	Amount Recorded

March 2018: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	COOK IL
Property Address	159 N DEARBORN ST, CHICAGO, IL 60601
Document Number	1808946191
Instrument Date	Mar 28, 2018
Transaction Type	Mortgage
Record Updated	Apr 10, 2018
Title Company	ATTORNEY ONLY

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1450 BROADWAY #6TH NEW YORK NY 100182201, 6TH, NEW YORK, NY 10018-2201

Mortgage

Document Number	1808946191
Date	Mar 30, 2018
Instrument	8946191

Lender

Name	CITY NAT'L BK/COLORADO CTY
Type	Bank
Address	1140 AVENUE OF THE AMERICAS # 2N, NEW YORK, NY 10036-5803

Agreement

Amount	Amount Recorded
Term	84 Months
Due	Mar 29, 2025

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		$820,316 (+18.96%) Land $444,675 Building $375,641	$3,281,264 (+18.96%) Land $1,778,700 Building $1,502,564
2024	$143,240.00 (-1.55%)
2023	$145,492.00 (+2.58%)
2022	$141,831.00	$689,566 Land $449,968 Building $239,598	$2,758,264 Land $1,799,872 Building $958,392

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

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	2 in force
Nearby Flood Claims	15 (1978–2020)
Claims Outside the SFHA	4 of 15
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 245 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	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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