1603 S Avers Ave, Chicago, IL 60623 Property Records

Cook County property record for 1603 S Avers Ave, Chicago, IL 60623

Property Summary

Property Type	Apartments (5+ Units)
Details	12 bd · 6 ba · 6,966 sqft · built 1915
Lot Size	0.083 acres (3,625 sqft)
Owner	Company Name on Record
Last Sale	$296,500 (Oct 2019)
Tax Bill	$4,854 (2023)
Deeds & Mortgages	Jan 2022 Mortgage Jan 2022 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`16-23-303-002`

Property Details

APN / Parcel Number

Primary APN	`16-23-303-002`
Alternative APN	`16-23-303-002-0000`

Interior

Bedrooms	12 Beds
Full Baths	6 Baths
Total Rooms	30 Rooms
Units	12 Units
Stories	3 Stories
Building Area	6,966 sqft Living Area

Exterior

Year Built	Built 1915
Effective Year Built	Effective 1916
Architectural Style	Multi-Family
Exterior Material	Brick/Stone
Construction Type	Masonry / Concrete Block
Roof Material	Tar & Gravel
Lot Area	3,625 sqft (0.083 acres)

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	1603 S AVERS AVE
City	CHICAGO
State	IL
Zip	60623-2480
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	RT-4
Legal Description	(DOWNINGS) SUB OF LTS 7-14 KEDZIES SUB IN SW SEC 23-39-13
Legal Range	13E
Legal Township	39N
Legal Section	23
Legal Subdivision	DOWNINGS SUB
Legal Lot Number	7-14
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	1
Census Block	1001
Census Tract	292400

Owner

Source: Cook County records, as of May 27, 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	2614 N CLYBOURN AVE, 408, CHICAGO, IL 60614-1038
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Jan 5, 2022	Deed of Trust, Mortgage · Commercial Mortgage BANKFINANCIAL FSB
Jan 5, 2022	Deed of Trust, Mortgage · Commercial Mortgage BANKFINANCIAL FSB
Oct 3, 2019	Warranty Deed, Transfer · Line of Credit AMALGAMATED BK /CHICAGO

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 3, 2019 · Amount on Record
Deed Sale	Oct 3, 2019 · Amount on Record
Prior Sale	Dec 13, 2011 · Amount on Record
Deed Document Number	201949144
Prior Transfer Date	Feb 19, 1998
Prior Transfer Doc	0000000119
Record Updated	Oct 29, 2026

January 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	1603 S AVERS AVE, CHICAGO, IL 60623-2480
Transaction Type	Mortgage
Record Updated	Apr 9, 2024
Title Company	GREATER ILLINOIS TITLE COMPANY, GREATER ILLINOIS TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1428 W WALTON ST, CHICAGO, IL 60642-5313

Mortgage

Document Number	0000504035
Date	Jan 5, 2022
Instrument	2200504035

Lender

Name	BANKFINANCIAL FSB
Type	Bank
Address	WILLOWBROOK, IL 60527

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

January 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	1603 S AVERS AVE, CHICAGO, IL 60623-2480
Transaction Type	Mortgage
Record Updated	Apr 9, 2024
Title Company	GREATER ILLINOIS TITLE COMPANY, GREATER ILLINOIS TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1426 W WALTON ST, CHICAGO, IL 60642-5312

Mortgage

Document Number	0000504033
Date	Jan 5, 2022
Instrument	2200504033

Lender

Name	BANKFINANCIAL FSB
Type	Bank
Address	WILLOWBROOK, IL 60527

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	61 Months
Due	Feb 1, 2027

Interest

Rate	2.75%

October 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Oct 3, 2019
Property Address	1603 S AVERS AVE, CHICAGO, IL 60623-2480
Document Number	1927649144
Instrument Date	Sep 17, 2019
Instrument	27649144
Transaction Type	Transfer
Record Updated	Oct 11, 2019
Title Company	FIDELITY NATIONAL TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$296.50
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1428 W WALTON ST CHICAGO IL 606425313, CHICAGO, IL 60642-5313

Mortgage

Document Number	1927649145
Date	Oct 3, 2019
Instrument	27649145

Lender

Name	AMALGAMATED BK /CHICAGO
Type	Bank
Address	CHICAGO, IL 60602

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	Oct 2, 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
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		$49,000 (+113.71%) Land $5,256 Building $43,744	$490,000 (+113.71%) Land $52,560 Building $437,440
2023	$4,854.00 (+2.58%)
2022	$4,732.00 (+2.31%)	$22,928 (-) Land $4,259 Building $18,669	$229,280 (-) Land $42,590 Building $186,690
2021	$4,625.00	$22,928 Land $4,259 Building $18,669	$229,280 Land $42,590 Building $186,690

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

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	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 742 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 DSL · Fixed Wireless in parts of the area	100 / 20

May also be available: Verizon.

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