515 Madison St, Oak Park, IL 60302 Property Records

Cook County property record for 515 Madison St, Oak Park, IL 60302

Property Summary

Property Type	Commercial Building, Warehouse, Showroom
Details	2,550 sqft · built 1976
Lot Size	0.212 acres (9,243 sqft)
Owner	Company Name on Record
Last Sale	$640,000 (Apr 2021)
Tax Bill	$32,062 (2024)
Deeds & Mortgages	Oct 2022 Sale & Mortgage Apr 2021 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`16-18-205-038`

Property Details

APN / Parcel Number

Primary APN	`16-18-205-038`
Alternative APN	`16-18-205-038-0000`

Interior

Stories	1 Story
Building Area	2,550 sqft Gross Area

Exterior

Year Built	Built 1976
Effective Year Built	Effective 1976
Lot Area	9,243 sqft (0.212 acres)

Location & Zoning

Street Address	500 S SCOVILLE AVE
City	OAK PARK
State	IL
Zip	60304-1404
Property Category	Commercial
Property Type	Commercial > Retail > Commercial Building, Warehouse, Showroom
Legal Range	13E
Legal Township	39N
Legal Section	18
Legal Subdivision	POWERS RESUBDIVISION
Jurisdiction	COOK IL
Township / Civil Division	OAK PARK
Census Block Group	1
Census Block	1000
Census Tract	812900

Owner

Source: Cook County records, as of August 25, 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 Record
Mailing Address	2437 N EDGEMONT ST, 100, LOS ANGELES, CA 90027-1054
Owner Type	Company
Vesting	Life Tenant

Deeds, Mortgages & Sale History

Date	Document
Oct 19, 2022	Warranty Deed, Transfer · Commercial Mortgage PACIFIC CITY BANK
Apr 28, 2021	Warranty Deed, Transfer · Stand-Alone First Mortgage FOREST PARK NATIONAL BANK & TRUST C
Aug 13, 2019	Warranty Deed, Transfer FIDELITY NATIONAL TITLE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 28, 2021 · Amount on Record
Deed Sale	Apr 28, 2021 · Amount on Record
Prior Sale	Aug 13, 2019 · Amount on Record
Deed Document Number	202110145
Record Updated	Oct 29, 2026

October 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Oct 19, 2022
Property Address	500 S SCOVILLE AVE, OAK PARK, IL 60304-1404
Document Number	0029210347
Instrument Date	Oct 17, 2022
Instrument	2229210347
Transaction Type	Transfer
Record Updated	May 8, 2026
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,150.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Living Trust
Address	2437 N EDGEMONT ST # 100, 100, LOS ANGELES, CA 90027-1054
Investor	Possibly a Property Investor

Mortgage

Document Number	0029210348
Date	Oct 19, 2022
Instrument	2229210348

Lender

Name	PACIFIC CITY BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Oct 17, 2027

Interest

Rate	6.25%

April 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Apr 28, 2021
Property Address	500 S SCOVILLE AVE, OAK PARK, IL 60304-1404
Document Number	0011810145
Instrument Date	Mar 20, 2021
Instrument	2111810145
Transaction Type	Transfer
Record Updated	May 8, 2026
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$640.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	35980 SINGLETON RD, CALIMESA, CA 92320-2103

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	946 ASHLAND AVE, RIVER FOREST, IL 60305-1434

Mortgage

Document Number	0011810146
Date	Apr 28, 2021
Instrument	2111810146

Lender

Name	FOREST PARK NATIONAL BANK & TRUST C
Type	Bank

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded

August 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Aug 13, 2019
Property Address	500 S SCOVILLE AVE, OAK PARK, IL 60304-1404
Document Number	1922534276
Instrument Date	Aug 8, 2019
Instrument	22534276
Transaction Type	Transfer
Record Updated	Aug 21, 2019
Title Company	FIDELITY NATIONAL TITLE

Transaction

Amount	Amount Recorded
Tax	$1,176.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	35980 SINGLETON RD CALIMESA CA 923202103, CALIMESA, CA 92320-2103

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
County Subdivision	Oak Park Township
Municipality	Oak Park Village
Elementary School District	Oak Park Elementary School District 97 (PK - 08)
Secondary School District	Oak Park and River Forest District 200 (09 - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$94,264 (-17.67%) Land $73,944 Building $20,320	$377,056 (-17.67%) Land $295,776 Building $81,280
2024	$32,062.00 (+4.33%)
2023	$30,730.00 (-30.11%)
2022	$43,966.00	$114,496 Land $57,768 Building $56,728	$457,984 Land $231,072 Building $226,912

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	OAK PARK serves 54,583 people · EPA ID IL0312250
Water Source	Purchased surface water from CHICAGO
Last State Inspection	Oct 2023
Lead	5 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	None 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 658 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · Fixed Wireless, DSL in parts of the area	5,000 / 5,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	1,000 / 75
T-Mobile Fixed Wireless	100 / 20

May also be available: Zentro.

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