Cook County property record for 196 Lake Dr, #196, Olympia Fields, IL 60461
| Property Type | Condominium |
|---|---|
| Details | 2 bd · 2 ba · 1,600 sqft · built 1993 |
| Lot Size | 6.03 acres (262,679 sqft) |
| Owner | Individual Name on File |
| Last Sale | $145,000 (Jul 2019) |
| Tax Bill | $4,464 (2023) |
| Deeds & Mortgages | Jul 2019 Sale & Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 31-13-100-015-1035 |
| Primary APN | 31-13-100-015-1035 |
|---|
| Bedrooms | 2 Beds |
|---|---|
| Full Baths | 2 Baths |
| Building Area | 1,600 sqft Living Area |
| Year Built | Built 1993 |
|---|---|
| Effective Year Built | Effective 1993 |
| Architectural Style | Condo/Apartment |
| Lot Area | 262,679 sqft |
| Street Address | 196 LAKE DR |
|---|---|
| City | OLYMPIA FIELDS |
| State | IL |
| Zip | 60461-1445 |
| Property Category | Residential |
| Property Type | Residential > Condominium / Townhouse > Condominium |
| Legal Description | (LAKES) OF (OLYMPIA) (FIELDS) CONDO IN SEC 13-35-13 |
| Legal Range | 13E |
| Legal Township | 35N |
| Legal Section | 13 |
| Legal Subdivision | LAKES OF OLYMPIA FIELDS CONDO |
| Legal Block | 100 |
| Legal Lot Number | 1035 |
| Jurisdiction | COOK IL |
| Township / Civil Division | RICH |
| Census Block Group | 1 |
| Census Block | 1000 |
| Census Tract | 830005 |
196 Lake Dr, #196, a condominium, is owned by an individual who bought it in July 2019.
Source: Cook County records, as of May 27, 2026
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 196 LAKE DR, 196, OLYMPIA FIELDS, IL 60461-1445 |
| Owner Type | Individual |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jul 31, 2019 · Amount on File |
| Deed Sale | Jul 31, 2019 · Amount on File |
| Prior Sale | Dec 23, 1996 · Amount on File |
| Deed Document Number | 20196008 |
| Record Updated | Oct 29, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | COOK IL |
| Recording Date | Jul 31, 2019 |
| Property Address | 196 LAKE DR # 196, 196, OLYMPIA FIELDS, IL 60461-1445 |
| Document Number | 0021206008 |
| Map Reference | DOC LR3569784 |
| Instrument Date | Jul 29, 2019 |
| Instrument | 1921206008 |
| Transaction Type | Transfer |
| Record Updated | Apr 5, 2023 |
| Title Company | FIDELITY NATIONAL TITLE |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $145.00 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|
| Document Number | 0021206009 |
|---|---|
| Date | Jul 31, 2019 |
| Instrument | 1921206009 |
| Name | DRAPER & KRAMER MORTGAGE CORP |
|---|---|
| Type | Mortgage Company |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 361 Months |
| Due | Aug 1, 2049 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 4.25% |
Source: Cook County assessment roll, as of May 27, 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Cook County |
| County Subdivision | Rich Township |
| Municipality | Olympia Fields Village |
| Elementary School District | Matteson Elementary School District 162 (PK - 08) |
| Secondary School District | Rich Township High School District 227 (09 - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $13,574 Land $2,970 Building $10,604 | $135,740 Land $29,700 Building $106,040 | |
| 2023 | $4,464.00 (+17.6%) | ||
| 2022 | $3,796.00 Homeowner's exemption Senior Citizen's exemption | $10,105 Land $3,365 Building $6,740 | $101,050 Land $33,650 Building $67,400 |
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.
FEMA maps place 196 Lake Dr, #196 in Zone X, an area of minimal flood risk, though there have been 13 flood claims nearby since 1978.
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 | 4 in force |
| Nearby Flood Claims | 13 (1978–2026) |
| Claims Outside the SFHA | 5 of 13 |
| Most Recent Claim | Aug 2026 · 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.
The area around 196 Lake Dr, #196 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.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | OLYMPIA FIELDS serves 4,922 people · EPA ID IL0312280 |
|---|---|
| Water Source | Purchased surface water from OAK LAWN |
| Last State Inspection | Aug 2024 |
| Lead | 4 ppb (2026) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 5 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. The service area is an EPA estimate; the actual supplier may differ.
Source: FCC Broadband Data Collection, based on 189 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 2,000 / 250 |
| Verizon Fixed Wireless | 300 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
| AT&T Fixed Wireless · DSL · Fiber in parts of the area | 100 / 20 |
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