2516 W Madison St, Chicago, IL 60612 Property Records

Cook County property record for 2516 W Madison St, Chicago, IL 60612

Property Summary

Property TypeGeneral Industrial
Detailsbuilt 1997
Lot Size0.69 acres (3,024 sqft)
OwnerCompany Name on Record
Last Sale$50,000 (Jun 2015)
Tax Bill$2,556 (2023)
Deeds & MortgagesApr 2018 Line of Credit
Flood ZoneZone X (minimal risk)
APN16-12-427-040

Property Details

APN / Parcel Number

Primary APN16-12-427-040
Alternative APN
  • 16-12-427-040-0000

Exterior

Year BuiltBuilt 1997
Effective Year BuiltEffective 1997
Lot Area3,024 sqft (0.69 acres)

Location & Zoning

Street Address2516 W MADISON ST
CityCHICAGO
StateIL
Zip60612
Property CategoryIndustrial
Property TypeIndustrial > General Industrial
Local Zoning CodeC2-2
Legal DescriptionC G E (PRUSSINGS) SUB OF SW BLK OF E 33.81 ACS IN SH SE SEC 12-39-13
Legal Range13E
Legal Township39N
Legal Section12
Legal SubdivisionPRUSSINGS SUB
Legal Block33,81
Legal Lot Number81
JurisdictionCOOK IL
Township / Civil DivisionCHICAGO
Census Block Group1
Census Block1023
Census Tract837800

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Chicago Park Boulevard System Historic District
listed 2018 · 3,052 contributing resources · NRIS 12000040

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

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 RecordCompany Name on Record
Mailing Address2530 W MADISON ST, CHICAGO, IL 60612-2132
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 15, 2015 · Amount on Record
Deed SaleJun 15, 2015 · Amount on Record
Prior SaleJun 12, 2000 · Amount on Record
Deed Document Number201522053
Record UpdatedSep 20, 2026

April 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address2516 W MADISON ST, CHICAGO, IL 60612
Document Number1809644081
Instrument DateApr 4, 2018
Transaction TypeMortgage
Record UpdatedApr 17, 2018

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2516 W MADISON ST #20 CHICAGO IL 60612, 20, CHICAGO, IL 60612

Mortgage

Document Number1809644081
DateApr 6, 2018
Instrument9644081
Lender
NameSOUTH CTRL BK/MONROE CNTY
TypeBank
AddressCHICAGO, IL 60607
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable 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$10,562 (-12.52%) Land $9,450 Building $1,112$42,248 (-12.52%) Land $37,800 Building $4,448
2023$2,556.00 (+2.61%)
2022$2,491.00$12,073 Land $10,962 Building $1,111$48,292 Land $43,848 Building $4,444

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 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

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

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
1,000 / 75
Starlink
Satellite
280 / 30
T-Mobile
Fixed Wireless
100 / 20

May also be available: Astound Broadband, AT&T.

Nearby Properties on W Madison St

Nearby Streets

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