5242 W School St, Chicago, IL 60641 Property Records

Cook County property record for 5242 W School St, Chicago, IL 60641 · Last verified June 2026

Property Highlights

Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Bedrooms4 Beds
Bathrooms2 Baths
Year BuiltBuilt 1927
Square Footage2,224 sqft Living Area
Lot Size3,750 sqft (0.086 acres)
OccupancyOwner Occupied
Last Sale$284,000 (2001)
Tax Bill$6,478.00 (2023)

Property Details

APN / Parcel Number

Primary APN13-21-322-026
Alternative APN
  • 13-21-322-026-0000

Interior

Bedrooms4 Beds
Full Baths2 Baths
Total Rooms10 Rooms
Units2 Units
Building Area2,224 sqft Living Area
Stories2 Stories

Exterior

Year BuiltBuilt 1925
Effective Year BuiltEffective 1927
Architectural StyleMultifamily Style
Exterior MaterialBrick/Stone (Brick and/or Stone) Exterior
Construction TypeFrame Construction
Roof MaterialAsphalt Roof
Lot Area3,750 sqft (0.086 acres)
Parking Spaces2 Parking Spaces
Garage TypeDetached Garage

Utilities and HVAC

Cooling SystemHVAC Cooling
Heating SystemHot Water Heating

Location & Zoning

Street Address5242 W SCHOOL ST
CityCHICAGO
StateIL
Zip60641-4230
Property UsageResidential Property Usage
TypeResidential > 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 Range13E
Legal Township40N
Legal Section21
Legal SubdivisionACTIVE REALTY COS BELMONT
Legal Lot Number26
JurisdictionCOOK IL
Minor Civil DivisionCHICAGO
Census Blockgroup2
Census Block2006
Census Tract151100

Owner

Source: Cook County records · APN 13-21-322-026

Assessment roll updated May 27, 2026 · Last verified June 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual Name on File
Mailing Address5242 W SCHOOL ST, CHICAGO, IL 60641-4230
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleNov 14, 2001 · Amount on Record
Deed SaleNov 14, 2001 · Amount on Record
Prior SaleNov 07, 1997 · Amount on Record
Deed Doc Number200168356
Record RefreshedSep 20, 2026

June 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address5242 W SCHOOL ST, CHICAGO, IL 60641-4230
Document Number2021707356
Instrument DateJun 09, 2020
Transaction TypeMortgage
Record UpdatedAug 19, 2020
Title CompanyOTHER

Transferred To (Grantee/Buyer)

NameVerified Name
Address5242 W SCHOOL ST CHICAGO IL 606414230, CHICAGO, IL 60641-4230

Mortgage

Document Number2021707356
DateAug 04, 2020
Instrument21707356
Lender
NameSOLUTIONS FIN'L MTG
TypeMortgage Company
AddressGLENVIEW, IL 60026-8021
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueAug 03, 2050
Interest
Rate TypeFixed Rate
Rate3.75%

Tax Assessment & Valuation

Source: Cook County records · Assessment roll updated May 27, 2026 · Last verified June 2026

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
MunicipalityChicago City
Unified School DistrictChicago Public School District 299 (PK - 12)

Tax Bill & Assessment History

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.

YearTax BillAssessed ValueAssessed Market Value
2025$41,000 (+20.59%) Land $11,625 Building $29,375$410,000 (+20.59%) Land $116,250 Building $293,750
2023$6,478.00 (+2.94%)
2022$6,293.00 Homeowner's exemption$34,000 Land $9,375 Building $24,625$340,000 Land $93,750 Building $246,250

Flood & Wildfire

5242 W School St is in FEMA Zone X, outside the Special Flood Hazard Area, with no wildfire exposure.

Flood

Source: FEMA National Flood Hazard Layer · Cook County (17031C), updated February 11, 2026

FEMA Flood ZoneZone X
minimal flood hazard · outside the 0.2% annual chance floodplain
Special Flood Hazard AreaNo

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to HomesNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach of burnable land

Values are read at the parcel center point; lenders make the official flood determination.

Nearby Properties on W School St

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