55 E Ontario St, Chicago, IL 60611 Property Records

Cook County property record for 55 E Ontario St, Chicago, IL 60611

Property Summary

Property Type	Motel
Details	186,016 sqft · built 1929
Lot Size	0.376 acres (16,371 sqft)
Owner	Company Name on Record
Last Sale	$83,141,500 (Jun 2018)
Tax Bill	$1,329,005 (2024)
Deeds & Mortgages	Sep 2026 Mortgage Sep 2025 Sale + 3 more
Flood Zone	Zone X (minimal risk)
APN	`17-10-116-003`

Property Details

APN / Parcel Number

Primary APN	`17-10-116-003`
Alternative APN	`17-10-116-003-0000`

Interior

Units	627 Units
Stories	16 Stories
Building Area	186,016 sqft Gross Area

Exterior

Year Built	Built 1929
Effective Year Built	Effective 1929
Architectural Style	High Rise
Lot Area	16,371 sqft (0.376 acres)

Location & Zoning

Street Address	55 E ONTARIO ST
City	CHICAGO
State	IL
Zip	60611-2727
Property Category	Commercial
Property Type	Commercial > Retail > Motel
Local Zoning Code	DX-12
Legal Range	14E
Legal Township	39N
Legal Section	10
Legal Subdivision	RYERSONS SUB/BL 28
Legal Block	28
Legal Lot Number	1
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	2
Census Block	2009
Census Tract	81500

Owner

Source: Cook County records, as of September 16, 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	5949 SHERRY LN, 1255, DALLAS, TX 75225-8067
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Sep 9, 2026	Deed of Trust, Mortgage · Conventional Mortgage MORTGAGE MORTGAGE
Sep 29, 2025	Special Warranty Deed, Transfer FIDELITY NATIONAL TITLE
Feb 26, 2020	Loan Modification, Mortgage · Line of Credit ACORE CAP MTG LP
Nov 22, 2019	Loan Modification, Mortgage · Line of Credit AC IV CA MORTGAGE LLC
Jun 12, 2018	Grant Deed, Transfer · Line of Credit AC IV CA MORTGAGE LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 12, 2018 · Amount on Record
Deed Sale	Jun 12, 2018 · Amount on Record
Prior Sale	Jan 18, 2008
Deed Document Number	201819028
Last Transfer Date	Jul 14, 2025
Transfer Doc	0000007000
Record Updated	Oct 29, 2026

September 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Recording Date	Sep 9, 2026
Property Address	55 E ONTARIO ST, CHICAGO, IL 60611-2727
Document Number	0000010010
Instrument Date	Sep 3, 2026
Instrument	202610010
Transaction Type	Mortgage
Record Updated	Sep 16, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266

Mortgage

Document Number	0000010010,
Date	Sep 9, 2026
Instrument	202610010

Lender

Name	MORTGAGE MORTGAGE

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Interest

Max Rate	-1%

September 2025: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	COOK IL
Recording Date	Sep 29, 2025
Property Address	55 E ONTARIO ST, CHICAGO, IL 60611-2727
Document Number	0027207000
Instrument Date	Jul 14, 2025
Instrument	2527207000
Transaction Type	Transfer
Record Updated	May 8, 2026
Title Company	FIDELITY NATIONAL TITLE

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	124 E 14TH ST, NEW YORK, NY 10003-4170

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5949 LLANO AVE # SHE, SHE, DALLAS, TX 75206-6319

February 2020: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	COOK IL
Property Address	55 E ONTARIO ST, CHICAGO, IL 60611-2727
Document Number	2006547060
Instrument Date	Feb 26, 2020
Transaction Type	Mortgage
Record Updated	Mar 19, 2020
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	320 PARK AVE #14TH NEW YORK NY 100226815, 14TH, NEW YORK, NY 10022-6815

Mortgage

Document Number	2006547060
Date	Mar 5, 2020
Instrument	6547060

Lender

Name	ACORE CAP MTG LP
Address	80 E SIR FRANCIS DRAKE BLVD # 2, LARKSPUR, CA 94939-1709

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

November 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	COOK IL
Recording Date	Nov 22, 2019
Property Address	55 E ONTARIO ST, CHICAGO, IL 60611-2727
Document Number	1932634101
Instrument Date	Nov 20, 2019
Instrument	32634101
Transaction Type	Mortgage
Record Updated	Dec 11, 2019
Title Company	FIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	320 PARK AVE #14TH NEW YORK NY 100226815, 14TH, NEW YORK, NY 10022-6815

Mortgage

Document Number	1932634101
Date	Nov 22, 2019
Instrument	32634101

Lender

Name	AC IV CA MORTGAGE LLC
Address	80 E SIR FRANCIS DRAKE BLVD # 2, LARKSPUR, CA 94939-1709

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

June 2018: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	COOK IL
Recording Date	Jun 12, 2018
Property Address	55 E ONTARIO ST, CHICAGO, IL 60611-2727
Document Number	1816319028
Instrument Date	Jun 5, 2018
Instrument	16319028
Transaction Type	Transfer
Record Updated	Mar 19, 2020
Title Company	FIDELITY NATIONAL TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$83,142.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	320 PARK AVE #14TH NEW YORK NY 100226815, 14TH, NEW YORK, NY 10022-6815

Mortgage

Document Number	1816319029
Date	Jun 12, 2018
Instrument	16319029

Lender

Name	AC IV CA MORTGAGE LLC
Address	80 E SIR FRANCIS DRAKE BLVD # 2, LARKSPUR, CA 94939-1709

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
Municipality	Chicago City
Unified School District	Chicago Public School District 299 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$13,030,875 (+102.1%) Land $1,227,825 Building $11,803,050	$52,123,500 (+102.1%) Land $4,911,300 Building $47,212,200
2024	$1,329,005.00 (-2.31%)
2023	$1,360,441.00 (-2.05%)	$6,447,887 (-4.51%) Land $1,125,506 Building $5,322,381	$25,791,548 (-4.51%) Land $4,502,024 Building $21,289,524
2022	$1,388,898.00	$6,752,638 Land $1,125,506 Building $5,627,132	$27,010,552 Land $4,502,024 Building $22,508,528

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 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	CHICAGO serves 2,721,308 people · EPA ID IL0316000
Water Source	Surface water
Last State Inspection	Mar 2026
Lead	6 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	8 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 398 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable · Fiber in parts of the area	2,000 / 250
Astound Broadband Cable · Fiber in parts of the area	1,500 / 50
AT&T Fixed Wireless · Fiber, DSL in parts of the area	100 / 20

May also be available: Google Fiber, T-Mobile, Verizon, Zentro.

Nearby Properties on E Ontario St

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures