401 S State St, Chicago, IL 60605 Property Records

Cook County property record for 401 S State St, Chicago, IL 60605

Property Summary

Property TypeCommercial Building, Warehouse, Showroom
Details517,424 sqft · built 1891
Lot Size1.26 acres (54,886 sqft)
OwnerCompany Name on File
Last Sale$4,200,000 (Oct 2025)
Tax Bill$1,638,620 (2024)
Deeds & MortgagesOct 2025 Mortgage
Oct 2025 Mortgage
+ 2 more
Flood ZoneZone X (minimal risk)
APN17-15-108-001

Property Details

APN / Parcel Number

Primary APN17-15-108-001
Alternative APN
  • 17-15-108-001-0000

Interior

Units20 Units
Stories10 Stories
Building Area517,424 sqft Gross Area

Exterior

Year BuiltBuilt 1891
Effective Year BuiltEffective 1891
Architectural StyleHigh Rise
Lot Area54,886 sqft

Location & Zoning

Street Address401 S STATE ST
CityCHICAGO
StateIL
Zip60605-1229
Property CategoryCommercial
Property TypeCommercial > Retail > Commercial Building, Warehouse, Showroom
Local Zoning CodeDX-16
Legal Range14E
Legal Township39N
Legal Section15
Legal SubdivisionADDITION TO CHICAGO
Legal Block10
Legal Lot Number2,3
JurisdictionCOOK IL
Township / Civil DivisionCHICAGO
Census Block Group1
Census Block1027
Census Tract320400

Historic Designation

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

Historic DistrictWithin the Loop Retail Historic District
listed 1998 · 74 contributing resources · NRIS 98001351

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

Owner

401 S State St, a commercial property, is owned by a company that bought it in October 2025.

Source: Cook County records, as of August 25, 2026

Owner of RecordCompany Name on File
Mailing Address150 S BLOOMINGDALE RD, 200, BLOOMINGDALE, IL 60108-1494
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
Oct 17, 2025Deed of Trust, Mortgage · Commercial Mortgage
GTG INVESTMENTS LLC
Oct 17, 2025Deed of Trust, Mortgage · Commercial Mortgage
GTG INVESTMENTS LLC
Oct 17, 2025Special Warranty Deed, Transfer · Commercial Mortgage
LEGACY PRIVATE CAPITAL LLC
May 15, 2023Sheriff's Deed, Foreclosure
ATTORNEY ONLY, ATTORNEY

Assessor's Deed Record

Deed NamesName on Deed
Last SaleOct 17, 2025 · Amount on File
Deed SaleOct 17, 2025 · Amount on File
Prior SaleJun 10, 2016 · Amount on File
Deed Document Number202510014
Record UpdatedOct 29, 2026

October 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address401 S STATE ST, CHICAGO, IL 60605-1229
Transaction TypeMortgage
Record UpdatedMay 13, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0029022088
DateOct 17, 2025
Instrument2529022088
Lender
NameGTG INVESTMENTS LLC
TypeNon-Lending Institution
AddressPARK RIDGE, IL 60068
Agreement
TypeCommercial Mortgage
AmountAmount on Record

October 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address401 S STATE ST, CHICAGO, IL 60605-1229
Transaction TypeMortgage
Record UpdatedNov 5, 2025

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0029022088
DateOct 17, 2025
Instrument2529022088
Lender
NameGTG INVESTMENTS LLC
TypeNon-Lending Institution
AddressPARK RIDGE, IL 60068
Agreement
TypeCommercial Mortgage
AmountAmount on Record

October 2025: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCOOK IL
Recording DateOct 17, 2025
Property Address401 S STATE ST, CHICAGO, IL 60605-1229
Document Number0029010014
Instrument DateOct 10, 2025
Instrument2529010014
Transaction TypeTransfer
Record UpdatedMay 13, 2026
Title CompanyFIDELITY NATIONAL TITLE

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$4,200.00
Amount AccuracyRounded by County
Additional
  • Notice of Foreclosure Sale
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address900 19TH ST NW, WASHINGTON, DC 20006-2105

Transferred To (Grantee/Buyer)

NameVerified Name
Address150 S BLOOMINGDALE RD STE 200, 200, BLOOMINGDALE, IL 60108-1494

Mortgage

Document Number0029010015
DateOct 17, 2025
Instrument2529010015
Lender
NameLEGACY PRIVATE CAPITAL LLC
TypeNon-Lending Institution
Agreement
TypeCommercial Mortgage
AmountAmount on Record

May 2023: Sheriff's Deed, Foreclosure

Document TypeSheriff's Deed
JurisdictionCOOK IL
Recording DateMay 15, 2023
Property Address401 S STATE ST, CHICAGO, IL 60605-1229
Document Number0013515046
Instrument DateMay 15, 2023
Instrument2313515046
Transaction TypeForeclosure
Record UpdatedMay 8, 2026
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address900 19TH ST NW # 8TH, WASHINGTON, DC 20006-2105
Mail Care OfCWCAPITAL ASSET MANAGEMENT LLC

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$12,887,664 Land $5,775,315 Building $7,112,349$51,550,656 Land $23,101,260 Building $28,449,396
2024$1,638,620.00 (-7.25%)
2023$1,766,695.00 (+3%)$8,002,677 (-) Land $3,093,918 Building $4,908,759$32,010,708 (-) Land $12,375,672 Building $19,635,036
2022$1,715,265.00$8,002,677 Land $3,093,918 Building $4,908,759$32,010,708 Land $12,375,672 Building $19,635,036

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

Flood

FEMA maps place 401 S State St in Zone X, an area of minimal flood risk, though there have been 1 flood claim 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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims1 (1978)
Most Recent ClaimJul 1978 · 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 401 S State 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 120 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
AT&T
Fixed Wireless · Fiber, DSL in parts of the area
100 / 20

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

Nearby Properties on S State St

Nearby Streets

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