Cook County property record for 5240 W School St, Chicago, IL 60641 · Last verified August 2026
| Property Type | Residential > Multi-Unit > Apartments (5+ Units) |
|---|---|
| Bedrooms | 4 Beds |
| Bathrooms | 2 Baths |
| Year Built | Built 1930 |
| Square Footage | 2,372 sqft Living Area |
| Lot Size | 3,750 sqft (0.086 acres) |
| Occupancy | Owner Occupied |
| Last Sale | $380,000 (2022) |
| Tax Bill | $7,811.00 (2023) |
Source: Cook County records · APN 13-21-322-027
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 | Individual Name on File |
|---|---|
| Mailing Address | 5240 W SCHOOL ST, CHICAGO, IL 60641-4230 |
| Occupancy | Owner Occupied |
| Owner Type | Owner is an Individual, Couple or Unincorporated Entity |
| Date | Document |
|---|---|
| Apr 21, 2021 | Deed of Trust, Mortgage · Conventional Mortgage GUARANTEED RATE INC |
| Jan 12, 2022 | Warranty Deed, Transfer ATTORNEY ONLY, ATTORNEY |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Jan 12, 2022 · Amount on Record |
| Deed Sale | Jan 12, 2022 · Amount on Record |
| Prior Sale | Jan 06, 2010 · Amount on Record |
| Deed Doc Number | 2022233152 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | COOK IL |
| Property Address | 5240 W SCHOOL ST, CHICAGO, IL 60641-4230 |
| Transaction Type | Mortgage |
| Record Updated | Sep 29, 2023 |
| Title Company | RAVENSWOOD TITLE COMPANY LLC |
| Name | Verified Name |
|---|
| Document Number | 0011106249 |
|---|---|
| Date | Apr 21, 2021 |
| Instrument | 2111106249 |
| Name | GUARANTEED RATE INC |
|---|---|
| Type | Mortgage Company |
| Address | CHICAGO, IL 60613 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 181 Months |
| Due | May 01, 2036 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 2.99% |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | COOK IL |
| Recording Date | Jan 12, 2022 |
| Property Address | 5240 W SCHOOL ST, CHICAGO, IL 60641-4230 |
| Document Number | 0001233152 |
| Instrument Date | Dec 13, 2021 |
| Instrument | 2201233152 |
| Transaction Type | Transfer |
| Record Updated | Sep 29, 2023 |
| Title Company | ATTORNEY ONLY, ATTORNEY |
| Amount | Amount Recorded |
|---|---|
| Tax | $380.00 |
| Amount Accuracy | Rounded Values by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Tenant By Entirety |
| Address | 5240 W SCHOOL ST, CHICAGO, IL 60641-4230 |
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 | $43,000 (+16.22%) Land $11,625 Building $31,375 | $430,000 (+16.22%) Land $116,250 Building $313,750 | |
| 2023 | $7,811.00 (+2.59%) | ||
| 2022 | $7,614.00 (+2.28%) | $37,000 (-) Land $9,375 Building $27,625 | $370,000 (-) Land $93,750 Building $276,250 |
| 2021 | $7,444.00 | $37,000 Land $9,375 Building $27,625 | $370,000 Land $93,750 Building $276,250 |
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.
| Primary APN | 13-21-322-027 |
|---|---|
| Alternative APN |
|
| Bedrooms | 4 Beds |
|---|---|
| Full Baths | 2 Baths |
| Total Rooms | 8 Rooms |
| Units | 2 Units |
| Building Area | 2,372 sqft Living Area |
| Stories | 2 Stories |
| Year Built | Built 1928 |
|---|---|
| Effective Year Built | Effective 1930 |
| Architectural Style | Multifamily Style |
| Exterior Material | Wood Exterior |
| Construction Type | Frame Construction |
| Roof Material | Asphalt Roof |
| Lot Area | 3,750 sqft (0.086 acres) |
| Parking Spaces | 2 Parking Spaces |
| Garage Type | Detached Garage |
| Cooling System | HVAC Cooling |
|---|---|
| Heating System | HVAC Heating |
| Sewage | Municipal Sewage |
| Water Source | Commercial Water Source |
| Street Address | 5240 W SCHOOL ST |
|---|---|
| City | CHICAGO |
| State | IL |
| Zip | 60641-4230 |
| Property Usage | Residential Property Usage |
| Type | Residential > Multi-Unit > Apartments (5+ Units) |
| Legal Description | (ACTIVE) (REALTY) COS (BELMONT) GARDENS ADD A SUB OF THE S3/4 OF EH SE SW SEC 21-40-13 |
| Legal Range | 13E |
| Legal Township | 40N |
| Legal Section | 21 |
| Legal Subdivision | ACTIVE REALTY COS BELMONT |
| Legal Lot Number | 27 |
| Jurisdiction | COOK IL |
| Minor Civil Division | CHICAGO |
| Census Blockgroup | 2 |
| Census Block | 2006 |
| Census Tract | 151100 |
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