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5040 S State St, Chicago, IL 60609 Property Records

Cook County property record for 5040 S State St, Chicago, IL 60609

Property Summary

Property TypeCommercial Building, Warehouse, Showroom
Detailsbuilt 1970
Lot Size0.311 acres (13,542 sqft)
OwnerCompany Name on Record
Last Sale$2,500,000 (Aug 2021)
Tax Bill$8,826 (2023)
Deeds & MortgagesApr 2023 Mortgage
Aug 2021 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN20-09-223-046

Property Details

APN / Parcel Number

Primary APN20-09-223-046
Alternative APN
  • 20-09-223-046-0000

Interior

Stories1 Story

Exterior

Year BuiltBuilt 1970
Effective Year BuiltEffective 1970
Lot Area13,542 sqft (0.311 acres)

Location & Zoning

Street Address5040 S STATE ST
CityCHICAGO
StateIL
Zip60609-5328
Property CategoryCommercial
Property TypeCommercial > Retail > Commercial Building, Warehouse, Showroom
Local Zoning CodeB3-2
Legal Range14E
Legal Township38N
Legal Section09
Legal SubdivisionJOHN C HARRISONS
Legal Lot Number7-10
JurisdictionCOOK IL
Township / Civil DivisionCHICAGO
Census Block Group1
Census Block1000
Census Tract381700

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

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 RecordCompany Name on Record
Mailing Address5040 S STATE ST, CHICAGO, IL 60609-5328
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Apr 27, 2023Quit Claim Deed, Transfer · Loan Assumption
CIBM BANK
Aug 25, 2021Deed, Transfer · Commercial Mortgage
CIBM BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 25, 2021 · Amount on Record
Deed SaleAug 25, 2021 · Amount on Record
Deed Document Number202125012
Record UpdatedOct 29, 2026

April 2023: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionCOOK IL
Recording DateApr 27, 2023
Property Address5040 S STATE ST, CHICAGO, IL 60609-5328
Document Number0011729115
Instrument DateFeb 24, 2023
Instrument2311729115
Transaction TypeTransfer
Record UpdatedMay 9, 2023

Transaction

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

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0011729116
DateApr 27, 2023
Instrument2311729116
Lender
NameCIBM BANK
TypeBank
AddressELM GROVE, WI 53122
Agreement
TypeLoan Assumption
AmountAmount Recorded

August 2021: Deed, Transfer

Document TypeDeed
JurisdictionCOOK IL
Recording DateAug 25, 2021
Property Address5040 S STATE ST, CHICAGO, IL 60609-5328
Document Number0023725012
Instrument DateAug 12, 2021
Instrument2123725012
Transaction TypeTransfer
Record UpdatedApr 22, 2022
Title CompanyE-CHICAGO TITLE, CHICAGO TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$2,500.00
Amount AccuracyRounded by County
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3701 STOCKER ST, VIEW PARK, CA 90008-5108
InvestorPossibly a Property Investor

Mortgage

Document Number0023725013
DateAug 25, 2021
Instrument2123725013
Lender
NameCIBM BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term84 Months
DueAug 12, 2028

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$45,468 (+9.05%) Land $30,470 Building $14,998$181,872 (+9.05%) Land $121,880 Building $59,992
2023$8,826.00 (+2.6%)
2022$8,602.00 (+2.3%)$41,693 (-) Land $30,469 Building $11,224$166,772 (-) Land $121,876 Building $44,896
2021$8,409.00$41,693 Land $30,469 Building $11,224$166,772 Land $121,876 Building $44,896

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

Flood

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

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 343 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		300 / 20
T-Mobile
Fixed Wireless		100 / 20

May also be available: AT&T.

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