5500 W Potomac Ave, Chicago, IL 60651 Property Records

Cook County property record for 5500 W Potomac Ave, Chicago, IL 60651

Property Summary

Property Type	Apartments (5+ Units)
Details	12 bd · 6 ba · 5,278 sqft · built 1928
Lot Size	0.1 acres (4,375 sqft)
Owner	Individual Name on Record
Last Sale	$220,000 (Dec 2014)
Tax Bill	$6,119 (2023)
Deeds & Mortgages	Dec 2023 Transfer Dec 2023 Transfer + 1 more
Flood Zone	Zone X (minimal risk)
APN	`16-04-123-025`

Property Details

APN / Parcel Number

Primary APN	`16-04-123-025`
Alternative APN	`16-04-123-025-0000`

Interior

Bedrooms	12 Beds
Full Baths	6 Baths
Total Rooms	24 Rooms
Units	6 Units
Stories	3 Stories
Building Area	5,278 sqft Living Area

Exterior

Year Built	Built 1928
Effective Year Built	Effective 1930
Architectural Style	Multi-Family
Exterior Material	Brick/Stone
Construction Type	Masonry / Concrete Block
Roof Material	Tar & Gravel
Lot Area	4,375 sqft (0.1 acres)
Garage Type	Detached
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Hot Water

Location & Zoning

Street Address	5500 W POTOMAC AVE
City	CHICAGO
State	IL
Zip	60651
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	RS-3
Legal Description	CHANNING M (COLEMANS) ADD TO (AUSTIN) SUB OF W 26.82 ACS OF SH NW SEC 04-39-13
Legal Range	13E
Legal Township	39N
Legal Section	04
Legal Subdivision	COLEMANS ADD TO AUSTIN
Legal Block	3
Legal Lot Number	18
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	4
Census Block	4015
Census Tract	250700

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 Record	Individual Name on Record
Mailing Address	1114 CIRCLE AVE, 1, FOREST PARK, IL 60130-2892
Owner Type	Individual
Vesting	Married Man, Separate Property

Deeds, Mortgages & Sale History

Date	Document
Dec 21, 2023	Quit Claim Deed, Transfer Quitclaim
Dec 21, 2023	Intrafamily Transfer, Transfer
Mar 10, 2020	Loan Modification, Mortgage · Conventional Mortgage FOREST PARK NAT'L BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 19, 2014 · Amount on Record
Deed Sale	Dec 19, 2014 · Amount on Record
Prior Sale	Dec 19, 1995 · Amount on Record
Deed Document Number	201433013
Last Transfer Date	Aug 8, 2023
Transfer Doc	0000057006
Record Updated	Sep 20, 2026

December 2023: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	COOK IL
Recording Date	Dec 21, 2023
Property Address	5500 W POTOMAC AVE, CHICAGO, IL 60651
Document Number	0035557006
Instrument Date	Aug 8, 2023
Instrument	2335557006
Transaction Type	Transfer
Record Updated	Apr 9, 2024

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	6340 AMERICANA DR #210210, 210210, FOREST PARK, IL 60130

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1114 CIRCLE AVE APT 1, 1, FOREST PARK, IL 60130-2892

December 2023: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	COOK IL
Recording Date	Dec 21, 2023
Property Address	5500 W POTOMAC AVE, CHICAGO, IL 60651
Document Number	0035557005
Instrument Date	May 1, 2023
Instrument	2335557005
Transaction Type	Transfer
Record Updated	Apr 9, 2024

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	6340 AMERICANA DR APT 210, 210, WILLOWBROOK, IL 60527-2244

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1114 CIRCLE AVE APT 1, 1, FOREST PARK, IL 60130-2892

March 2020: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	COOK IL
Property Address	5500 W POTOMAC AVE, CHICAGO, IL 60651
Document Number	2021016075
Instrument Date	Mar 10, 2020
Transaction Type	Mortgage
Record Updated	Aug 12, 2020
Title Company	OTHER

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5500 W POTOMAC AVE CHICAGO IL 60651, CHICAGO, IL 60651

Mortgage

Document Number	2021016075
Date	Jul 28, 2020
Instrument	21016075

Lender

Name	FOREST PARK NAT'L BK
Type	Bank
Address	FOREST PARK, IL 60130

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

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		$42,522 (+46.63%) Land $5,469 Building $37,053	$425,220 (+46.63%) Land $54,690 Building $370,530
2023	$6,119.00 (+2.6%)
2022	$5,964.00 (+2.28%)	$29,000 (-) Land $4,375 Building $24,625	$290,000 (-) Land $43,750 Building $246,250
2021	$5,831.00	$29,000 Land $4,375 Building $24,625	$290,000 Land $43,750 Building $246,250

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	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 1,195 locations within half a mile, as of December 31, 2025

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

May also be available: T-Mobile, Verizon.

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