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5240 W Potomac Ave, Chicago, IL 60651 Property Records

Cook County property record for 5240 W Potomac Ave, Chicago, IL 60651

Property Summary

Property TypeApartments (5+ Units)
Details5 bd · 3 ba · 2,840 sqft · built 1924
Lot Size0.085 acres (3,720 sqft)
OwnerIndividual Name on Record
Last Sale$205,000 (Jun 2022)
Tax Bill$5,275 (2023)
Deeds & MortgagesJun 2022 Sale & Mortgage
May 2022 Sale
Flood ZoneZone X (minimal risk)
APN16-04-122-014

Property Details

APN / Parcel Number

Primary APN16-04-122-014
Alternative APN
  • 16-04-122-014-0000

Interior

Bedrooms5 Beds
Full Baths3 Baths
Total Rooms7 Rooms
Units2 Units
Stories2 Stories
Building Area2,840 sqft Living Area

Exterior

Year BuiltBuilt 1924
Effective Year BuiltEffective 1926
Architectural StyleMulti-Family
Exterior MaterialWood
Construction TypeFrame
Foundation TypeSlab (Mat/Raft)
Roof MaterialAsphalt
Lot Area3,720 sqft (0.085 acres)
Garage TypeDetached
Parking Spaces1 Parking Space

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC

Location & Zoning

Street Address5240 W POTOMAC AVE
CityCHICAGO
StateIL
Zip60651-1485
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Local Zoning CodeRS-3
Legal Range13E
Legal Township39N
Legal Section04
Legal SubdivisionAUSTIN PARK
Legal Block2
Legal Lot Number15
JurisdictionCOOK IL
Township / Civil DivisionCHICAGO
Census Block Group2
Census Block2007
Census Tract250700

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 RecordIndividual Name on Record
Mailing Address1403 S 69TH ST, CHICAGO, IL 60894
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Jun 13, 2022Warranty Deed, Transfer · Commercial Mortgage
GALAXY ENVIRONMENTAL INC
May 23, 2022Warranty Deed, Transfer
E-CHICAGO TITLE, CHICAGO TITLE

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 13, 2022 · Amount on Record
Deed SaleJun 13, 2022 · Amount on Record
Prior SaleMay 23, 2022 · Amount on Record
Deed Document Number202218156
Prior Transfer DateJul 23, 2003
Prior Transfer Doc0000027115
Record UpdatedOct 29, 2026

June 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCOOK IL
Recording DateJun 13, 2022
Property Address5240 W POTOMAC AVE, CHICAGO, IL 60651-1485
Document Number0016418156
Instrument DateMay 18, 2022
Instrument2216418156
Transaction TypeTransfer
Record UpdatedJun 24, 2022
Title CompanyE-CHICAGO TITLE, CHICAGO TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$205.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1403 S 69TH STREET, CHICAGO, IL 60834

Mortgage

Document Number0016418157
DateJun 13, 2022
Instrument2216418157
Lender
NameGALAXY ENVIRONMENTAL INC
TypeNon-Lending Institution
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

May 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCOOK IL
Recording DateMay 23, 2022
Property Address5240 W POTOMAC AVE, CHICAGO, IL 60651-1485
Document Number0014307170
Instrument DateMay 16, 2022
Instrument2214307170
Transaction TypeTransfer
Record UpdatedJun 2, 2022
Title CompanyE-CHICAGO TITLE, CHICAGO TITLE

Transaction

AmountAmount Recorded
Tax$161.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address923 DILLON DR, WOOD DALE, IL 60191-1274

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$38,000 (+52%) Land $4,650 Building $33,350$380,000 (+52%) Land $46,500 Building $333,500
2023$5,275.00 (+2.59%)
2022$5,142.00$25,000 Land $3,720 Building $21,280$250,000 Land $37,200 Building $212,800

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 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 1,144 locations within half a mile, as of December 31, 2025

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

May also be available: Verizon.

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