Cook County property record for 501 E 71st St, Chicago, IL 60619 · Last verified August 2026
| Property Type | Commercial > Retail |
|---|---|
| Bedrooms | 18 Beds |
| Year Built | Built 1903 |
| Square Footage | 8,552 sqft Gross Area |
| Lot Size | 6,150 sqft (0.141 acres) |
| Last Sale | $315,000 (2021) |
| Tax Bill | $16,092.00 (2023) |
| Primary APN | 20-27-202-001 |
|---|---|
| Alternative APN |
|
| Bedrooms | 18 Beds |
|---|---|
| Units | 18 Units |
| Building Area | 8,552 sqft Gross Area |
| Stories | 2 Stories |
| Year Built | Built 1903 |
|---|---|
| Effective Year Built | Effective 1903 |
| Lot Area | 6,150 sqft (0.141 acres) |
| Street Address | 501 E 71ST ST |
|---|---|
| City | CHICAGO |
| State | IL |
| Zip | 60619-1106 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail |
| Legal Description | WALTER S (DRAYS) ADD TO (PARK) (MANOR) SUB OF PT NE SEC 27-38-14 |
| Legal Range | 14E |
| Legal Township | 38N |
| Legal Section | 27 |
| Legal Subdivision | DRAYS ADD TO PARK MANOR |
| Legal Block | 2 |
| Legal Lot Number | 47,48 |
| Jurisdiction | COOK IL |
| Minor Civil Division | CHICAGO |
| Census Blockgroup | 4 |
| Census Block | 4005 |
| Census Tract | 690900 |
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 Record | Company Name on File |
|---|---|
| Mailing Address | 4415 S BERKELEY AVE, CHICAGO, IL 60653-3609 |
| Owner Type | Owner is a Company |
| Date | Document |
|---|---|
| May 20, 2022 | Deed of Trust, Mortgage · Commercial Mortgage FINANCE OF AMERICA MORTGAGE LLC |
| Jan 26, 2021 | Grant Deed, Transfer · Conventional Mortgage with Private Mortgage Insurance (PMI) FINANCE OF AMERICA COM'L LLC |
| Aug 16, 2017 | Warranty Deed, Transfer · Line of Credit US BK |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Jan 26, 2021 · Amount on Record |
| Deed Sale | Jan 26, 2021 · Amount on Record |
| Prior Sale | Aug 16, 2017 · Amount on Record |
| Deed Doc Number | 202141038 |
| Prior Transfer Date | May 23, 2006 |
| Prior Transfer Doc | 0000033204 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | COOK IL |
| Property Address | 501 E 71ST ST, CHICAGO, IL 60619-1106 |
| Transaction Type | Mortgage |
| Record Updated | May 31, 2022 |
| Title Company | E-CHICAGO TITLE, CHICAGO TITLE |
| Name | Verified Name |
|---|---|
| Address | 313 W WOLF POINT PLZ 5411, 5411, CHICAGO, IL 60654-8916 |
| Document Number | 0014010036 |
|---|---|
| Date | May 20, 2022 |
| Instrument | 2214010036 |
| Name | FINANCE OF AMERICA MORTGAGE LLC |
|---|---|
| Type | Mortgage Company |
| Address | CONSHOHOCKEN, PA 19428 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | COOK IL |
| Recording Date | Jan 26, 2021 |
| Property Address | 501 E 71ST ST, CHICAGO, IL 60619-1106 |
| Document Number | 2102641038 |
| Instrument Date | Nov 14, 2020 |
| Instrument | 2641038 |
| Transaction Type | Transfer |
| Record Updated | Feb 04, 2021 |
| Title Company | ATTORNEY ONLY |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on File |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $315.00 |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 73 E LAKE ST #3907 CHICAGO IL 606014802, 3907, CHICAGO, IL 60601-4802 |
| Document Number | 2102641039 |
|---|---|
| Date | Jan 26, 2021 |
| Instrument | 2641039 |
| Name | FINANCE OF AMERICA COM'L LLC |
|---|---|
| Address | CHARLOTTE, NC 28210 |
| Type | Conventional Mortgage with Private Mortgage Insurance (PMI) |
|---|---|
| Amount | Amount Recorded |
| Term | 12 Months |
| Due | Jan 25, 2022 |
| Rate | 9.75% |
|---|
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | COOK IL |
| Recording Date | Aug 16, 2017 |
| Property Address | 501 E 71ST ST, CHICAGO, IL 60619-1106 |
| Document Number | 1722819047 |
| Instrument Date | Aug 11, 2017 |
| Instrument | 22819047 |
| Transaction Type | Transfer |
| Record Updated | Sep 05, 2017 |
| Title Company | OTHER |
| Amount | Amount Recorded |
|---|---|
| Tax | $385.00 |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 2233 S HIGHLAND AVE #901 LOMBARD IL 601485331, 901, LOMBARD, IL 60148-5331 |
| Document Number | 1722819048 |
|---|---|
| Date | Aug 16, 2017 |
| Instrument | 22819048 |
| Name | US BK |
|---|---|
| Type | Bank |
| Address | OSHKOSH, WI 54901 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
Source: Cook County records · Assessment roll updated May 27, 2026 · Last verified August 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Cook County |
| Municipality | Chicago City |
| Unified School District | Chicago Public School District 299 (PK - 12) |
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.
| Year | Tax Bill | Assessed Value | Assessed 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 |
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
| FEMA Flood Zone | Zone X |
|---|---|
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Special Flood Hazard Area | No |
| Wildfire Risk | Not rated no burnable land in reach |
|---|---|
| Wildfire Likelihood | Negligible |
| Exposure | None beyond ember reach |
Values are read at the parcel center point; lenders make the official flood determination.
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