50 E 16th St, Unit 502, Chicago, IL 60616 Property Records

Cook County property record for 50 E 16th St, Unit 502, Chicago, IL 60616

Property Summary

Property Type	Condominium
Details	built 2008
Lot Size	0.645 acres (28,092 sqft)
Owner	Individual Name on Record
Last Sale	$325,000 (Jun 2023)
Tax Bill	$6,458 (2023)
Deeds & Mortgages	Jun 2023 Sale & Mortgage Jun 2019 Sale + 1 more
Flood Zone	Zone X (minimal risk)
APN	`17-22-107-070-1032`

Property Details

APN / Parcel Number

Primary APN	`17-22-107-070-1032`

Exterior

Year Built	Built 2008
Effective Year Built	Effective 2008
Architectural Style	Condo/Apartment
Lot Area	28,092 sqft (0.645 acres)

Location & Zoning

Street Address	50 E 16TH ST, 502
City	CHICAGO
State	IL
Zip	60616-5137
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Local Zoning Code	DX-7
Legal Subdivision	1555 WABASH CONDO
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	3
Census Block	3007
Census Tract	330102

Owner

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

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

Owner of Record	Individual Name on Record
Mailing Address	50 E 16TH ST, 502, CHICAGO, IL 60616-5137
Owner Type	Individual
Vesting	Unmarried Man

Deeds, Mortgages & Sale History

Date	Document
Jun 27, 2023	Deed, Transfer · FHA Mortgage PROSPERITY HOME MORTGAGE LLC
Jun 5, 2019	Warranty Deed, Transfer FIRST AMERICAN TITLE
Feb 17, 2017	Grant Deed, Subdivision Related Transfer FIRST AMERICAN TITLE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 27, 2023 · Amount on Record
Deed Sale	Jun 27, 2023 · Amount on Record
Prior Sale	Jun 5, 2019 · Amount on Record
Deed Document Number	202333219
Record Updated	Sep 20, 2026

June 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	COOK IL
Recording Date	Jun 27, 2023
Property Address	50 E 16TH ST UNIT 502, 502, CHICAGO, IL 60616-5137
Document Number	0017833219
Instrument Date	May 30, 2023
Instrument	2317833219
Transaction Type	Transfer
Record Updated	Jul 7, 2023
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE LAND TRUST CO

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$325.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	50 E 16TH ST UNIT 502, 502, CHICAGO, IL 60616-5137

Mortgage

Document Number	0017833220
Date	Jun 27, 2023
Instrument	2317833220

Lender

Name	PROSPERITY HOME MORTGAGE LLC
Type	Mortgage Company

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jul 1, 2053

Interest

Rate Type	Fixed Rate
Rate	6.75%

June 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Jun 5, 2019
Property Address	50 E 16TH ST UNIT 502, 502, CHICAGO, IL 60616-5137
Document Number	1915649043
Instrument Date	May 20, 2019
Instrument	15649043
Transaction Type	Transfer
Record Updated	Jun 13, 2019
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount Recorded
Tax	$300.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Trust
Address	10 S LA SALLE ST #2750 CHICAGO IL 606031108, 2750, CHICAGO, IL 60603-1108

February 2017: Grant Deed, Subdivision Related Transfer

Document Type	Grant Deed
Jurisdiction	COOK IL
Recording Date	Feb 17, 2017
Property Address	50 E 16TH ST UNIT 502, 502, CHICAGO, IL 60616-5137
Document Number	1704810125
Instrument Date	Feb 7, 2017
Instrument	4810125
Transaction Type	Subdivision Related Transfer
Record Updated	Mar 2, 2017
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount Recorded
Tax	$325.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	50 E 16TH ST #502 CHICAGO IL 606165137, 502, CHICAGO, IL 60616-5137

Tax Assessment & Valuation

Source: Cook County assessment roll, as of May 27, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
Municipality	Chicago City
Unified School District	Chicago Public School District 299 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$28,162 (-7.69%) Land $2,087 Building $26,075	$281,620 (-7.69%) Land $20,870 Building $260,750
2023	$6,458.00 (+2.61%)
2022	$6,294.00 (+2.29%)	$30,509 (-) Land $1,747 Building $28,762	$305,090 (-) Land $17,470 Building $287,620
2021	$6,153.00	$30,509 Land $1,747 Building $28,762	$305,090 Land $17,470 Building $287,620

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective February 11, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not 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 Risk	Not 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 System	CHICAGO serves 2,721,308 people · EPA ID IL0316000
Water Source	Surface water
Last State Inspection	Mar 2026
Lead	6 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	8 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 604 locations within half a mile, as of December 31, 2025

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

May also be available: Google Fiber, Zentro.

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