1940 S Drake Ave, Chicago, IL 60623 Property Records

Cook County property record for 1940 S Drake Ave, Chicago, IL 60623

Property Summary

Property TypeApartments (5+ Units)
Details5 bd · 2 ba · 2,558 sqft · built 1903
Lot Size0.084 acres (3,650 sqft)
OwnerIndividual Name on File
Last Sale$64,000 (Feb 2015)
Tax Bill$4,234 (2023)
Deeds & MortgagesMar 2019 Transfer
Flood ZoneZone X (minimal risk)
APN16-23-415-033

Property Details

APN / Parcel Number

Primary APN16-23-415-033
Alternative APN
  • 16-23-415-033-0000

Interior

Bedrooms5 Beds
Full Baths2 Baths
Total Rooms11 Rooms
Units2 Units
Stories2 Stories
Building Area2,558 sqft Living Area

Exterior

Year BuiltBuilt 1903
Effective Year BuiltEffective 1905
Architectural StyleMulti-Family
Exterior MaterialBrick/Stone
Construction TypeMasonry / Concrete Block
Roof MaterialTar & Gravel
Lot Area3,650 sqft (0.084 acres)
Garage TypeDetached
Parking Spaces1 Parking Space

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address1940 S DRAKE AVE
CityCHICAGO
StateIL
Zip60623-3115
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Local Zoning CodeRT-4
Legal Description(RACE) & (PEARSONS) SUB OF W 15 ACS OF PT LYING S OF WESTERN AVE OR OGDEN AVE RUNNING TO CENTER OF STREET OR AVENUES WH SE SE
Legal Range13E
Legal Township39N
Legal Section23
Legal SubdivisionRACE & PEARSONS
Legal Block2
Legal Lot Number69
JurisdictionCOOK IL
Township / Civil DivisionCHICAGO
Census Block Group2
Census Block2015
Census Tract844700

Owner

1940 S Drake Ave, a residential property, is owned by an individual who acquired it in March 2019.

Source: Cook County records, as of May 27, 2026

Owner of RecordIndividual Name on File
Mailing Address4513 N DRAKE AVE, CHICAGO, IL 60625-5903
Owner TypeIndividual

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

Assessor's Deed Record

Deed NamesName on Deed
Last SaleFeb 17, 2015 · Amount on File
Deed SaleFeb 17, 2015 · Amount on File
Prior SaleDec 9, 2005 · Amount on File
Deed Document Number201534009
Last Transfer DateMar 7, 2019
Transfer Doc0000013017
Record UpdatedOct 29, 2026

March 2019: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionCOOK IL
Recording DateMar 18, 2019
Property Address1940 S DRAKE AVE, CHICAGO, IL 60623-3115
Document Number1907713017
Instrument DateMar 7, 2019
Instrument7713017
Transaction TypeTransfer
Record UpdatedMar 26, 2019

Transaction

Tax$0.00
Additional
  • Quitclaim

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address4513 N DRAKE AVE CHICAGO IL 606255903, CHICAGO, IL 60625-5903

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
MunicipalityChicago City
Unified School DistrictChicago Public School District 299 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$23,001 Land $5,293 Building $17,708$230,010 Land $52,930 Building $177,080
2023$4,234.00 (+2.59%)
2022$4,127.00$19,999 Land $4,288 Building $15,711$199,990 Land $42,880 Building $157,110

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 1940 S Drake Ave in Zone X, an area of minimal flood risk.

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

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

Wildfire

The area around 1940 S Drake 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 RiskNot 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 SystemCHICAGO
serves 2,721,308 people · EPA ID IL0316000
Water SourceSurface water
Last State InspectionMar 2026
Lead6 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting8
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 875 locations within half a mile, as of December 31, 2025

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

May also be available: Verizon.

Nearby Properties on S Drake Ave

Nearby Streets

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