401 N State St, Chicago, IL 60654 Property Records

Cook County property record for 401 N State St, Chicago, IL 60654 · Last verified August 2026

Property Summary

Property TypeCommercial
Details312,000 sqft · built 1974
Lot Size0.55 acres (2,400 sqft)
OwnerCompany Name on File
Last Sale$46,750,000 (Sep 2016)
Tax Bill$144,832 (2023)
Deeds & MortgagesJun 2021 Mortgage
Aug 2019 Mortgage
Flood ZoneZone X (minimal risk)
APN17-10-131-005

Property Details

APN / Parcel Number

Primary APN17-10-131-005
Alternative APN
  • 17-10-131-005-0000

Interior

Stories12 Stories
Building Area312,000 sqft Building Perimeter

Exterior

Year BuiltBuilt 1974
Effective Year BuiltEffective 1974
Lot Area2,400 sqft (0.55 acres)

Location & Zoning

Street Address401 N STATE ST
CityCHICAGO
StateIL
Zip60654-4607
Property CategoryCommercial
Property TypeCommercial > Retail
Legal Description(KINZIES) ADD TO (CHICAGO) A SUB OF SEC 9 & PT FRAC SEC 10-39-14
Legal Range14E
Legal Township39N
Legal Section10
Legal SubdivisionKINZIES ADD TO CHICAGO
Legal Block4
Legal Lot Number7-12
JurisdictionCOOK IL
Township / Civil DivisionCHICAGO
Census Block Group3
Census Block3011
Census Tract81500

Owner

Source: Cook County records · APN 17-10-131-005

Assessment roll updated May 27, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address200 STATE ST, 5, BOSTON, MA 02109-2605
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
Jun 08, 2021Deed of Trust, Mortgage · Commercial Mortgage
MORGAN STANLEY BANK NA
Aug 28, 2019Deed of Trust, Mortgage
OLD SECOND NAT'L BK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleSep 29, 2016 · Amount on Record
Deed SaleSep 29, 2016 · Amount on Record
Deed Document Number201622092
Prior Transfer DateMar 25, 1998
Prior Transfer Doc0000018031
Record UpdatedSep 20, 2026

June 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address401 N STATE ST, CHICAGO, IL 60654-4607
Transaction TypeMortgage
Record UpdatedJun 17, 2021
Title CompanyE-CHICAGO TITLE, CHICAGO TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0015933078
DateJun 08, 2021
Instrument2115933078
Lender
NameMORGAN STANLEY BANK NA
TypeBank
AddressNEW YORK, NY 10036
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

August 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address401 N STATE ST, CHICAGO, IL 60654-4607
Document Number1924701059
Instrument DateAug 28, 2019
Transaction TypeMortgage
Record UpdatedSep 12, 2019
Title CompanyNOT AVAILABLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address55 W MONROE ST #2300 CHICAGO IL 606035117, 2300, CHICAGO, IL 60603-5117

Mortgage

Document Number1924701059
DateSep 04, 2019
Instrument24701059
Lender
NameOLD SECOND NAT'L BK
TypeBank
AddressAURORA, IL 60506
Agreement
AmountAmount Recorded
Term24 Months
DueSep 03, 2021
Interest
Rate5.5%

Tax Assessment & Valuation

Source: Cook County records · Assessment roll updated May 27, 2026 · Last verified August 2026

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
MunicipalityChicago City
Unified School DistrictChicago Public School District 299 (PK - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$810,293 (+14.98%) Land $90,000 Building $720,293$3,241,172 (+14.98%) Land $360,000 Building $2,881,172
2023$144,832.00 (-0.08%)
2022$144,948.00$704,721 Land $165,000 Building $539,721$2,818,884 Land $660,000 Building $2,158,884

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Cook County (17031C), updated February 11, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 170310815003, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo
Nearest Special Flood Hazard AreaZone A, within 500 ft
Nearby Flood Policies1 in force

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 390 locations within about half a mile of this property

ProviderTechnologyDownload / Upload (Mbps)
XfinityCable2,000 / 250
Radiate HoldingsCable1,500 / 50
AT&TFixed Wireless100 / 20
StarlinkSatellite (low-earth orbit)280 / 30

May also be available at this address: Radiate Holdings, AT&T, T-Mobile USA, Verizon, Everywhere Wireless, Google Fiber, Xfinity. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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