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320 S Franklin St, Chicago, IL 60606 Property Records

Cook County property record for 320 S Franklin St, Chicago, IL 60606

Property Summary

Property TypeCommercial Building, Warehouse, Showroom
Details1,571,900 sqft · built 1988
Lot Size0.588 acres (25,601 sqft)
OwnerCompany Name on File
Last Sale$45,000,000 (Jun 2025)
Tax Bill$7,696,534 (2023)
Deeds & MortgagesApr 2026 Mortgage
Jun 2025 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN17-16-227-027

Property Details

APN / Parcel Number

Primary APN17-16-227-027
Alternative APN
  • 17-16-227-027-0000

Interior

Stories75 Stories
Building Area1,571,900 sqft Building Perimeter

Exterior

Year BuiltBuilt 1988
Effective Year BuiltEffective 1988
Architectural StyleHigh Rise
Lot Area25,601 sqft (0.588 acres)

Location & Zoning

Street Address320 S FRANKLIN ST
CityCHICAGO
StateIL
Zip60606
Property CategoryCommercial
Property TypeCommercial > Retail > Commercial Building, Warehouse, Showroom
Local Zoning CodePD 382
Legal Description(EGAN) & (MORRIS) SUB OF LTS2-4 IN BLK84 OF SCHOOL SE CTION ADD TO CHICAGO IN SEC 16-39-14
Legal Range14E
Legal Township39N
Legal Section16
Legal SubdivisionEGAN & MORRIS
Legal Block84
Legal Lot Number2-4
JurisdictionCOOK IL
Township / Civil DivisionCHICAGO
Census Block Group2
Census Block2018
Census Tract839100

Owner

320 S Franklin St, a commercial property, is owned by a company that bought it in June 2025.

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

Owner of RecordCompany Name on File
Mailing Address1010 NORTHERN BLVD, 212, GREAT NECK, NY 11021-5320
Owner TypeCompany
VestingLimited Liability Partnership

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

DateDocument
Apr 17, 2026Deed of Trust, Mortgage · Conventional Mortgage
NONE LISTED ON DOCUMENT
Jun 30, 2025Special Warranty Deed, Transfer
HAKIMIAN PARTNERS LLC

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 30, 2025 · Amount on File
Deed SaleJun 30, 2025 · Amount on File
Prior SaleMar 11, 2014
Deed Document Number20258017
Record UpdatedOct 29, 2026

April 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Recording DateApr 17, 2026
Property Address320 S FRANKLIN ST, CHICAGO, IL 60606
Document Number0000019087
Instrument DateApr 1, 2026
Instrument202619087
Transaction TypeMortgage
Record UpdatedJul 12, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership, 266

Mortgage

Document Number0000019087,
DateApr 17, 2026
Instrument202619087
Lender
Agreement
TypeConventional Mortgage
AmountAmount on Record
Interest
Rate6%
Max Rate-1%

June 2025: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCOOK IL
Recording DateJun 30, 2025
Property Address320 S FRANKLIN ST, CHICAGO, IL 60606
Document Number0018108017
Instrument DateJun 5, 2025
Instrument2518108017
Transaction TypeTransfer
Record UpdatedMay 8, 2026
Title CompanyATTORNEY

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$45,000.00
Amount AccuracyRounded by County
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address401 N MICHIGAN AVE STE 700, 700, CHICAGO, IL 60611-4278

Transferred To (Grantee/Buyer)

NameVerified Name
Address1010 NORTHERN BLVD STE 212, 212, GREAT NECK, NY 11021-5320

Mortgage

Document Number0018108018
DateJun 30, 2025
Instrument2518108018
Lender
NameHAKIMIAN PARTNERS LLC
TypeNon-Lending Institution
Agreement
AmountAmount on Record

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$58,860,462 Land $960,038 Building $57,900,424$235,441,848 Land $3,840,152 Building $231,601,696
2023$7,696,534.00 (-15.56%)
2022$9,115,006.00$44,315,950 Land $3,040,118 Building $41,275,832$177,263,800 Land $12,160,472 Building $165,103,328

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 320 S Franklin St in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective February 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone A, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies3 in force
Nearby Flood Claims1 (2011)
Most Recent ClaimJul 2011 · 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.

Wildfire

The area around 320 S Franklin St 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 155 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable		2,000 / 250
Astound Broadband
Cable · Fiber in parts of the area		1,500 / 50
Starlink
Satellite		280 / 30
AT&T
Fixed Wireless · DSL · Fiber in parts of the area		100 / 20

May also be available: Google Fiber, T-Mobile, Verizon, Zentro.

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