2501 S Springfield Ave, Chicago, IL 60623 Property Records

Cook County property record for 2501 S Springfield Ave, Chicago, IL 60623

Property Summary

Property Type	Apartments (5+ Units)
Details	42 bd · 17,292 sqft · built 1922
Lot Size	0.183 acres (7,968 sqft)
Owner	Company Name on Record
Tax Bill	$34,877 (2024)
Deeds & Mortgages	Nov 2025 Foreclosure
Flood Zone	Zone X (minimal risk)
APN	`16-26-120-001`

Property Details

APN / Parcel Number

Primary APN	`16-26-120-001`
Alternative APN	`16-26-120-001-0000`

Interior

Bedrooms	42 Beds
Units	30 Units
Stories	3 Stories
Building Area	17,292 sqft Living Area

Exterior

Year Built	Built 1922
Effective Year Built	Effective 1922
Architectural Style	Multi-Family
Lot Area	7,968 sqft (0.183 acres)

Location & Zoning

Street Address	2501 S SPRINGFIELD AVE
City	CHICAGO
State	IL
Zip	60623-3726
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	RT-4
Legal Description	(SUBDIVISION) OF BLKS 7 & 10 OF S J GLOVERS ADD TO CH GO PT LYING S OF S LINE RW OF C B & Q RR WH NW SEC 26-39-13
Legal Range	13E
Legal Township	39N
Legal Section	26
Legal Subdivision	GLOVERS ADD
Legal Block	7,10
Legal Lot Number	33,34
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	2
Census Block	2011
Census Tract	300500

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	Company Name on Record
Mailing Address	1953 N CLYBOURN AVE, CHICAGO, IL 60614-4945
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Transfer Date	Aug 21, 1998
Transfer Doc	0000000024
Record Updated	Oct 29, 2026

November 2025: Public Action, Foreclosure

Document Type	Public Action
Jurisdiction	COOK IL
Recording Date	Nov 4, 2025
Property Address	2501 S SPRINGFIELD AVE, CHICAGO, IL 60623-3726
Document Number	0030821033
Instrument Date	Oct 1, 2025
Instrument	2530821033
Transaction Type	Foreclosure
Record Updated	Nov 24, 2025
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1953 N CLYBOURN AVE, CHICAGO, IL 60614-4945

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		$100,680 (+70.7%) Land $11,554 Building $89,126	$1,006,800 (+70.7%) Land $115,540 Building $891,260
2024	$34,877.00 (+180.27%)
2023	$12,444.00 (-72.89%)	$58,981 (-73.57%) Land $8,366 Building $50,615	$589,810 (-73.57%) Land $83,660 Building $506,150
2022	$45,896.00	$223,144 Land $8,366 Building $214,778	$2,231,440 Land $83,660 Building $2,147,780

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

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 815 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	1,000 / 75
AT&T DSL · Fiber, Fixed Wireless in parts of the area	100 / 20

May also be available: T-Mobile.

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