50 E 16th St, Unit 701, Chicago, IL 60616 Property Records

Cook County property record for 50 E 16th St, Unit 701, 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	$320,000 (Aug 2021)
Tax Bill	$7,251 (2023)
Deeds & Mortgages	Aug 2021 Sale & Mortgage Apr 2019 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`17-22-107-070-1061`

Property Details

APN / Parcel Number

Primary APN	`17-22-107-070-1061`

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, 701
City	CHICAGO
State	IL
Zip	60616-5139
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, 701, CHICAGO, IL 60616-5139
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Aug 26, 2021	Warranty Deed, Transfer · Conventional Mortgage SUMMIT FUNDING INC
Apr 22, 2019	Deed of Trust, Mortgage · Conventional with PMI DITECH FIN'L

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 26, 2021 · Amount on Record
Deed Sale	Aug 26, 2021 · Amount on Record
Prior Sale	Oct 7, 2016 · Amount on Record
Deed Document Number	20218209
Record Updated	Sep 20, 2026

August 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Aug 26, 2021
Property Address	50 E 16TH ST UNIT 701, 701, CHICAGO, IL 60616-5139
Document Number	0023808209
Map Reference	DOC 0918918036
Instrument Date	Apr 9, 2021
Instrument	2123808209
Transaction Type	Transfer
Record Updated	Sep 6, 2021
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$320.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	50 E 16TH ST UNIT 701, 701, CHICAGO, IL 60616-5139

Mortgage

Document Number	0023808210
Date	Aug 26, 2021
Instrument	2123808210

Lender

Name	SUMMIT FUNDING INC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	358 Months
Due	Jun 1, 2051

Interest

Rate Type	Fixed Rate
Rate	3.37%

April 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	50 E 16TH ST UNIT 701, 701, CHICAGO, IL 60616-5139
Document Number	1912142045
Instrument Date	Apr 22, 2019
Transaction Type	Mortgage
Record Updated	May 15, 2019
Title Company	OTHER

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	50 E 16TH ST #701 CHICAGO IL 606165139, 701, CHICAGO, IL 60616-5139

Mortgage

Document Number	1912142045
Date	May 1, 2019
Instrument	12142045

Lender

Name	DITECH FIN'L
Address	FORT WASHINGTON, PA 19034

Agreement

Type	Conventional with PMI
Amount	Amount Recorded
Term	360 Months
Due	Apr 30, 2049

Interest

Rate Type	Fixed Rate
Rate	4.25%

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		$31,592 (-7.77%) Land $2,341 Building $29,251	$315,920 (-7.77%) Land $23,410 Building $292,510
2023	$7,251.00 (+2.6%)
2022	$7,067.00	$34,253 Land $1,960 Building $32,293	$342,530 Land $19,600 Building $322,930

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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