4232 S Michigan Ave, Chicago, IL 60653 Property Records

Cook County property record for 4232 S Michigan Ave, Chicago, IL 60653

Property Summary

Property TypeApartments (5+ Units)
Details63 bd · 31,098 sqft · built 1918
Lot Size0.372 acres (16,194 sqft)
OwnerCompany Name on File
Last Sale$7,675,000 (Aug 2017)
Tax Bill$42,239 (2024)
Deeds & MortgagesJan 2023 Mortgage
Dec 2022 Transfer
+ 5 more
Flood ZoneZone X (minimal risk)
APN20-03-119-022

Property Details

APN / Parcel Number

Primary APN20-03-119-022
Alternative APN
  • 20-03-119-022-0000

Interior

Bedrooms63 Beds
Units84 Units
Stories3 Stories
Building Area31,098 sqft Living Area

Exterior

Year BuiltBuilt 1918
Effective Year BuiltEffective 1918
Architectural StyleMulti-Family
Lot Area16,194 sqft (0.372 acres)

Location & Zoning

Street Address4232 S MICHIGAN AVE
CityCHICAGO
StateIL
Zip60653-3100
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Local Zoning CodeRT-4
Legal Description(PRIOR) & (HOPKINS) SUB OF WH OF NW SEC 03-38-14
Legal Range14E
Legal Township38N
Legal Section03
Legal SubdivisionPRIOR & HOPKINS
Legal Block11
Legal Lot Number8,.
JurisdictionCOOK IL
Township / Civil DivisionCHICAGO
Census Block Group3
Census Block3018
Census Tract380600

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

4232 S Michigan Ave, a residential property, is owned by a company that acquired it in September 2022.

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

Owner of RecordCompany Name on File
Mailing Address1142 W MADISON ST, 402, CHICAGO, IL 60607-2191
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
Jan 5, 2023Deed of Trust, Mortgage · Commercial Mortgage
ORIX REAL ESTATE CAPITAL LLC
Dec 14, 2022Intrafamily Transfer, Transfer
ATTORNEY
Jul 22, 2021Deed of Trust, Mortgage · Commercial Mortgage
FS CREIT ORIGINATOR LLC
Jul 13, 2021Quit Claim Deed, Transfer
RAVENSWOOD TITLE
Oct 2, 2019Grant Deed, Mortgage
MERCHANTS BK/IN
Jul 5, 2018Quit Claim Deed, Transfer
ARBOR COM'L FNDG I LLC
Aug 22, 2017Trustee's Deed, Transfer · Line of Credit
PRIMARY CAPITAL PARTNERS LLC

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 22, 2017 · Amount on File
Deed SaleAug 22, 2017 · Amount on File
Prior SaleSep 11, 2000 · Amount on File
Deed Document Number201749138
Last Transfer DateSep 23, 2022
Transfer Doc0000055056
Record UpdatedOct 29, 2026

January 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address4232 S MICHIGAN AVE, CHICAGO, IL 60653-3100
Transaction TypeMortgage
Record UpdatedJan 17, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000515016
DateJan 5, 2023
Instrument2300515016
Lender
NameORIX REAL ESTATE CAPITAL LLC
TypeMortgage Company
AddressCOLUMBUS, OH 43215
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Term119 Months
DueDec 1, 2032

December 2022: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionCOOK IL
Recording DateDec 14, 2022
Property Address4232 S MICHIGAN AVE, CHICAGO, IL 60653-3100
Document Number0034855056
Instrument DateSep 23, 2022
Instrument2234855056
Transaction TypeTransfer
Record UpdatedDec 27, 2022
Title CompanyATTORNEY

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Intrafamily Transfer
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address1142 W MADISON ST # ST402, ST402, CHICAGO, IL 60607-2191

Transferred To (Grantee/Buyer)

NameVerified Name
Address1142 W MADISON ST STE 402, 402, CHICAGO, IL 60607-2191

July 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address4232 S MICHIGAN AVE, CHICAGO, IL 60653-3100
Transaction TypeMortgage
Record UpdatedApr 22, 2022
Title CompanyATA NATIONAL TITLE GROUP/IN LLC, ATA NATIONAL TITLE GROUP INC

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0020347006
DateJul 22, 2021
Instrument2120347006
Lender
NameFS CREIT ORIGINATOR LLC
TypeNon-Lending Institution
AddressNEW YORK, NY 10022
Agreement
TypeCommercial Mortgage
AmountAmount on Record

July 2021: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionCOOK IL
Recording DateJul 13, 2021
Property Address4232 S MICHIGAN AVE, CHICAGO, IL 60653-3100
Document Number0019404403
Instrument DateJun 2, 2021
Instrument2119404403
Transaction TypeTransfer
Record UpdatedApr 22, 2022
Title CompanyRAVENSWOOD TITLE

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1142 W MADISON ST STE 402, 402, CHICAGO, IL 60607-2191

October 2019: Grant Deed, Mortgage

Document TypeGrant Deed
JurisdictionCOOK IL
Recording DateOct 2, 2019
Property Address4232 S MICHIGAN AVE, CHICAGO, IL 60653-3100
Document Number1927501027
Instrument DateSep 26, 2019
Instrument27501027
Transaction TypeMortgage
Record UpdatedJan 17, 2020
Title CompanyATA NATIONAL TITLE GROUP LLC, ATA NAT'L TITLE GROUP LLC

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1347 W WASHINGTON BLVD #1B CHICAGO IL 606071939, 1B, CHICAGO, IL 60607-1939

Mortgage

Document Number1927501027
DateOct 2, 2019
Instrument27501027
Lender
NameMERCHANTS BK/IN
TypeBank
Address410 MONON BLVD, CARMEL, IN 46032-2345
Agreement
AmountAmount on Record
Term12 Months
DueOct 1, 2020

July 2018: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionCOOK IL
Recording DateJul 5, 2018
Property Address4232 S MICHIGAN AVE, CHICAGO, IL 60653-3100
Document Number1818633337
Instrument DateMay 30, 2018
Instrument18633337
Transaction TypeTransfer
Record UpdatedJul 13, 2018
Title CompanyCHICAGO TITLE COMPANY

Transaction

Tax$0.00
Additional
  • Quitclaim

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address641 LEXINGTON AVE #1702 NEW YORK NY 100224594, 1702, NEW YORK, NY 10022-4594

Mortgage

Document Number1818633338
DateJul 5, 2018
Instrument18633338
Lender
NameARBOR COM'L FNDG I LLC
Address3370 WALDEN AVE # 114, DEPEW, NY 14043-2437
Agreement
AmountAmount on Record
Term84 Months
DueJul 4, 2025

August 2017: Trustee's Deed, Transfer

Document TypeTrustee's Deed
JurisdictionCOOK IL
Recording DateAug 22, 2017
Property Address4232 S MICHIGAN AVE, CHICAGO, IL 60653-3100
Document Number1723449138
Instrument DateAug 17, 2017
Instrument23449138
Transaction TypeTransfer
Record UpdatedSep 19, 2017
Title CompanyOTHER

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$7,675.00
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address641 LEXINGTON AVE #1702 NEW YORK NY 100224594, 1702, NEW YORK, NY 10022-4594

Mortgage

Document Number1723449139
DateAug 22, 2017
Instrument23449139
Lender
NamePRIMARY CAPITAL PARTNERS LLC
Address641 LEXINGTON AVE # 17TH, NEW YORK, NY 10022-4503
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

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$209,475 Land $42,509 Building $166,966$2,094,750 Land $425,090 Building $1,669,660
2024$42,239.00 (+9.71%)
2023$38,499.00 (+2.6%)
2022$37,524.00$181,871 Land $6,680 Building $175,191$1,818,710 Land $66,800 Building $1,751,910

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

Flood

FEMA maps place 4232 S Michigan Ave in Zone X, an area of minimal flood risk.

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

The area around 4232 S Michigan Ave 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 579 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Astound Broadband
Cable
1,500 / 50
Verizon
Fixed Wireless
1,000 / 75
AT&T
DSL · Fiber, Fixed Wireless in parts of the area
100 / 20

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

Nearby Properties on S Michigan Ave

Nearby Streets

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