1. Home
  2. Illinois
  3. Cook County
  4. Chicago
  5. S Drake Ave

1942 S Drake Ave, Chicago, IL 60623 Property Records

Cook County property record for 1942 S Drake Ave, Chicago, IL 60623

Property Summary

Property TypeApartments (5+ Units)
Details7 bd · 2 ba · 3,878 sqft · built 1896
Lot Size0.084 acres (3,650 sqft)
OwnerIndividual Name on File
Last Sale$290,000 (Sep 2024)
Tax Bill$4,658 (2023)
Deeds & MortgagesSep 2018 Loan Modification
Flood ZoneZone X (minimal risk)
APN16-23-415-034

Property Details

APN / Parcel Number

Primary APN16-23-415-034
Alternative APN
  • 16-23-415-034-0000

Interior

Bedrooms7 Beds
Full Baths2 Baths
Total Rooms13 Rooms
Units2 Units
Stories2 Stories
Building Area3,878 sqft Living Area

Exterior

Year BuiltBuilt 1896
Effective Year BuiltEffective 1898
Architectural StyleMulti-Family
Exterior MaterialBrick/Stone
Construction TypeMasonry / Concrete Block
Roof MaterialTar & Gravel
Lot Area3,650 sqft (0.084 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address1942 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 Number68
JurisdictionCOOK IL
Township / Civil DivisionCHICAGO
Census Block Group2
Census Block2015
Census Tract844700

Owner

1942 S Drake Ave, a residential property, is owned by an individual who bought it in September 2024.

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

Owner of RecordIndividual Name on File
Mailing Address1822 S CENTRAL PARK AVE, CHICAGO, IL 60623-3074
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 SaleSep 20, 2024 · Amount on File
Deed SaleSep 20, 2024 · Amount on File
Prior SaleOct 26, 2012 · Amount on File
Deed Document Number202420125
Prior Transfer DateNov 6, 2000
Prior Transfer Doc0000082633
Record UpdatedOct 29, 2026

September 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionCOOK IL
Property Address1942 S DRAKE AVE, CHICAGO, IL 60623-3115
Document Number1828218129
Instrument DateSep 27, 2018
Transaction TypeMortgage
Record UpdatedJan 16, 2019
Title CompanyTITLE 365

Transferred To (Grantee/Buyer)

NameVerified Name
Address1942 S DRAKE AVE CHICAGO IL 606233115, CHICAGO, IL 60623-3115

Mortgage

Document Number1828218129
DateOct 9, 2018
Instrument28218129
Lender
NameLAKEVIEW LN SERVICING
TypeFunding / Finance Company
AddressCORAL GABLES, FL 33146
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueOct 8, 2048
Interest
Rate TypeFixed Rate
Rate4.75%

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$31,001 Land $5,293 Building $25,708$310,010 Land $52,930 Building $257,080
2023$4,658.00 (+2.6%)
2022$4,540.00$21,999 Land $4,288 Building $17,711$219,990 Land $42,880 Building $177,110

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 1942 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 1942 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

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures