501 E 71st St, Chicago, IL 60619 Property Records

Cook County property record for 501 E 71st St, Chicago, IL 60619 · Last verified August 2026

Property Highlights

Property TypeCommercial > Retail
Bedrooms18 Beds
Year BuiltBuilt 1903
Square Footage8,552 sqft Gross Area
Lot Size6,150 sqft (0.141 acres)
Last Sale$315,000 (2021)
Tax Bill$16,092.00 (2023)

Property Details

APN / Parcel Number

Primary APN20-27-202-001
Alternative APN
  • 20-27-202-001-0000

Interior

Bedrooms18 Beds
Units18 Units
Building Area8,552 sqft Gross Area
Stories2 Stories

Exterior

Year BuiltBuilt 1903
Effective Year BuiltEffective 1903
Lot Area6,150 sqft (0.141 acres)

Location & Zoning

Street Address501 E 71ST ST
CityCHICAGO
StateIL
Zip60619-1106
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal DescriptionWALTER S (DRAYS) ADD TO (PARK) (MANOR) SUB OF PT NE SEC 27-38-14
Legal Range14E
Legal Township38N
Legal Section27
Legal SubdivisionDRAYS ADD TO PARK MANOR
Legal Block2
Legal Lot Number47,48
JurisdictionCOOK IL
Minor Civil DivisionCHICAGO
Census Blockgroup4
Census Block4005
Census Tract690900

Owner

Source: Cook County records · APN 20-27-202-001

Assessment roll updated May 27, 2026 · Last verified August 2026

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

Owner of RecordCompany Name on File
Mailing Address4415 S BERKELEY AVE, CHICAGO, IL 60653-3609
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
May 20, 2022Deed of Trust, Mortgage · Commercial Mortgage
FINANCE OF AMERICA MORTGAGE LLC
Jan 26, 2021Grant Deed, Transfer · Conventional Mortgage with Private Mortgage Insurance (PMI)
FINANCE OF AMERICA COM'L LLC
Aug 16, 2017Warranty Deed, Transfer · Line of Credit
US BK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJan 26, 2021 · Amount on Record
Deed SaleJan 26, 2021 · Amount on Record
Prior SaleAug 16, 2017 · Amount on Record
Deed Doc Number202141038
Prior Transfer DateMay 23, 2006
Prior Transfer Doc0000033204
Record RefreshedSep 20, 2026

May 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address501 E 71ST ST, CHICAGO, IL 60619-1106
Transaction TypeMortgage
Record UpdatedMay 31, 2022
Title CompanyE-CHICAGO TITLE, CHICAGO TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address313 W WOLF POINT PLZ 5411, 5411, CHICAGO, IL 60654-8916

Mortgage

Document Number0014010036
DateMay 20, 2022
Instrument2214010036
Lender
NameFINANCE OF AMERICA MORTGAGE LLC
TypeMortgage Company
AddressCONSHOHOCKEN, PA 19428
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

January 2021: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionCOOK IL
Recording DateJan 26, 2021
Property Address501 E 71ST ST, CHICAGO, IL 60619-1106
Document Number2102641038
Instrument DateNov 14, 2020
Instrument2641038
Transaction TypeTransfer
Record UpdatedFeb 04, 2021
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$315.00
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address73 E LAKE ST #3907 CHICAGO IL 606014802, 3907, CHICAGO, IL 60601-4802

Mortgage

Document Number2102641039
DateJan 26, 2021
Instrument2641039
Lender
NameFINANCE OF AMERICA COM'L LLC
AddressCHARLOTTE, NC 28210
Agreement
TypeConventional Mortgage with Private Mortgage Insurance (PMI)
AmountAmount Recorded
Term12 Months
DueJan 25, 2022
Interest
Rate9.75%

August 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCOOK IL
Recording DateAug 16, 2017
Property Address501 E 71ST ST, CHICAGO, IL 60619-1106
Document Number1722819047
Instrument DateAug 11, 2017
Instrument22819047
Transaction TypeTransfer
Record UpdatedSep 05, 2017
Title CompanyOTHER

Transaction

AmountAmount Recorded
Tax$385.00
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2233 S HIGHLAND AVE #901 LOMBARD IL 601485331, 901, LOMBARD, IL 60148-5331

Mortgage

Document Number1722819048
DateAug 16, 2017
Instrument22819048
Lender
NameUS BK
TypeBank
AddressOSHKOSH, WI 54901
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Cook County records · Assessment roll updated May 27, 2026 · Last verified August 2026

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
MunicipalityChicago City
Unified School DistrictChicago Public School District 299 (PK - 12)

Tax Bill & Assessment History

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.

YearTax BillAssessed ValueAssessed Market Value
2025$121,800 (+59.7%) Land $6,150 Building $115,650$1,218,000 (+59.7%) Land $61,500 Building $1,156,500
2023$16,092.00 (+2.59%)
2022$15,686.00$76,267 Land $5,535 Building $70,732$762,670 Land $55,350 Building $707,320

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Cook County (17031C), updated February 11, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

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