4055 W School St, Chicago, IL 60641 Property Records

Cook County property record for 4055 W School St, Chicago, IL 60641

Property Summary

Property TypeApartments (5+ Units)
Details36 bd · 27,822 sqft · built 1927
Lot Size0.303 acres (13,209 sqft)
OwnerCompany Name on Record
Last Sale$9,885,000 (Dec 2023)
Tax Bill$68,760 (2024)
Deeds & MortgagesDec 2023 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN13-22-433-002

Property Details

APN / Parcel Number

Primary APN13-22-433-002
Alternative APN
  • 13-22-433-002-0000

Interior

Bedrooms36 Beds
Units72 Units
Stories3 Stories
Building Area27,822 sqft Living Area

Exterior

Year BuiltBuilt 1927
Effective Year BuiltEffective 1929
Architectural StyleMulti-Family
Lot Area13,209 sqft (0.303 acres)

Location & Zoning

Street Address4055 W SCHOOL ST
CityCHICAGO
StateIL
Zip60641-4753
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Local Zoning CodeRS-3
Legal Description(PRASSAS)(SQUARE) SUB OF S10ACS OF LT 1 IN COUNTY CLE RKS DIV OF PT OF LYING S OF MILWAUKEE AVE SE SEC 22-40-13
Legal Range13E
Legal Township40N
Legal Section22
Legal SubdivisionPRASSAS SQUARE
Legal Lot Number1
JurisdictionCOOK IL
Township / Civil DivisionCHICAGO
Census Block Group2
Census Block2012
Census Tract161300

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 RecordCompany Name on Record
Mailing Address4016 W MELROSE ST, CHICAGO, IL 60641-4707
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 27, 2023 · Amount on Record
Deed SaleDec 27, 2023 · Amount on Record
Prior SaleNov 22, 1994
Deed Document Number202310004
Prior Transfer DateAug 1, 1994
Prior Transfer Doc0000000122
Record UpdatedOct 29, 2026

December 2023: Deed, Transfer

Document TypeDeed
JurisdictionCOOK IL
Recording DateDec 27, 2023
Property Address4055 W SCHOOL ST, CHICAGO, IL 60641-4753
Document Number0036110004
Instrument DateDec 5, 2023
Instrument2336110004
Transaction TypeTransfer
Record UpdatedJan 10, 2024
Title CompanyE-CHICAGO TITLE, CHICAGO TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$9,885.00
Amount AccuracyRounded by County
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address10 S LA SALLE ST # ST2750, ST2750, CHICAGO, IL 60603-1002

Transferred To (Grantee/Buyer)

NameVerified Name
Address4016 W MELROSE ST, CHICAGO, IL 60641-4707

Mortgage

Document Number0036110006
DateDec 27, 2023
Instrument2336110006
Lender
NameSCHAUMBURG BANK & TRUST CO NA
TypeBank
Agreement
TypeStand-Alone First Mortgage
AmountAmount Recorded

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$341,100 (-4.74%) Land $57,459 Building $283,641$3,411,000 (-4.74%) Land $574,590 Building $2,836,410
2024$68,760.00 (-9.31%)
2023$75,822.00 (+2.6%)
2022$73,902.00 (+2.3%)$358,084 (-) Land $23,776 Building $334,308$3,580,840 (-) Land $237,760 Building $3,343,080
2021$72,243.00$358,084 Land $23,776 Building $334,308$3,580,840 Land $237,760 Building $3,343,080

Assessed value is set for property tax purposes, not a market price estimate; it is 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 980 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless · DSL in parts of the area
5,000 / 5,000
Xfinity
Cable
2,000 / 250
Astound Broadband
Fiber · Cable in parts of the area
1,500 / 1,500
Verizon
Fixed Wireless
1,000 / 75
T-Mobile
Fixed Wireless
100 / 20

May also be available: Google Fiber.

Nearby Properties on W School St

Nearby Streets

Search Property Records by Address or Parcel Number