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5501 S Cornell Ave, Chicago, IL 60637 Property Records

Cook County property record for 5501 S Cornell Ave, Chicago, IL 60637

Property Summary

Property TypeCommercial
Details6 bd · 22,680 sqft · built 1929
Lot Size0.196 acres (8,550 sqft)
OwnerCompany Name on File
Last Sale$5,025,000 (Jul 2021)
Tax Bill$63,708 (2024)
Deeds & MortgagesAug 2023 Mortgage
Jul 2021 Transfer
+ 1 more
Flood ZoneZone X (minimal risk)
APN20-13-101-001

Property Details

APN / Parcel Number

Primary APN20-13-101-001
Alternative APN
  • 20-13-101-001-0000

Interior

Bedrooms6 Beds
Units39 Units
Stories3 Stories
Building Area22,680 sqft Gross Area

Exterior

Year BuiltBuilt 1929
Effective Year BuiltEffective 1929
Lot Area8,550 sqft (0.196 acres)

Location & Zoning

Street Address5501 S CORNELL AVE
CityCHICAGO
StateIL
Zip60637-5819
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeB1-5
Legal DescriptionLOT1 & N25 FT LOT2 BLK3 ILLINOIS CE NTRAL SUB PART SW14 09 AC SW4 SEC12 PART NW4 S13 T38N R14E 3P
Legal Range14E
Legal Township38N
Legal Section13
Legal SubdivisionAF SCHUMANS
Legal Block3
Legal Lot Number1
JurisdictionCOOK IL
Township / Civil DivisionCHICAGO
Census Block Group3
Census Block3001
Census Tract411000

Owner

5501 S Cornell Ave, a commercial property, is owned by a company that bought it in July 2021.

Source: Cook County records, as of August 25, 2026

Owner of RecordCompany Name on File
Mailing Address32 N DEAN ST, 2, ENGLEWOOD, NJ 07631-2807
Owner TypeCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Aug 29, 2023Deed of Trust, Mortgage · Commercial Mortgage
JPMORGAN CHASE BANK NA
Jul 15, 2021Quit Claim Deed, Transfer
ATTORNEY ONLY, ATTORNEY
Jul 15, 2021Special Warranty Deed, Transfer · Commercial Mortgage
WINTRUST BANK NA

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 15, 2021 · Amount on File
Deed SaleJul 15, 2021 · Amount on File
Deed Document Number202118169
Prior Transfer DateJun 10, 2021
Prior Transfer Doc0000018168
Record UpdatedOct 29, 2026

August 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address5501 S CORNELL AVE, CHICAGO, IL 60637-5819
Transaction TypeMortgage
Record UpdatedSep 7, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
Address40 N DEAN ST1 2ND FLOOR 2ND, 2, ENGLEWOOD, NJ 07631-2807

Mortgage

Document Number0024113256
DateAug 29, 2023
Instrument2324113256
Lender
NameJPMORGAN CHASE BANK NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount on Record

July 2021: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionCOOK IL
Recording DateJul 15, 2021
Property Address5501 S CORNELL AVE, CHICAGO, IL 60637-5819
Document Number0019618168
Instrument DateJun 10, 2021
Instrument2119618168
Transaction TypeTransfer
Record UpdatedJul 27, 2021
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address5501 S CORNELL AVE, CHICAGO, IL 60637-5819

July 2021: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCOOK IL
Recording DateJul 15, 2021
Property Address5501 S CORNELL AVE, CHICAGO, IL 60637-5819
Document Number0019618169
Instrument DateJun 10, 2021
Instrument2119618169
Transaction TypeTransfer
Record UpdatedJul 27, 2021
Title CompanyE-CHICAGO TITLE, CHICAGO TITLE

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$5,025.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address40 N DEAN ST # 2ND, ENGLEWOOD, NJ 07631-2807
Mail Care OfANTHEUS CAPITAL

Mortgage

Document Number0020418318
DateJul 23, 2021
Instrument2120418318
Lender
NameWINTRUST BANK NA
TypeBank
AddressCHICAGO, IL 60604
Agreement
TypeCommercial Mortgage
AmountAmount on Record

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$287,600 Land $21,375 Building $266,225$2,876,000 Land $213,750 Building $2,662,250
2024$63,708.00 (-38.65%)
2023$103,850.00 (+4.01%)
2022$99,849.00$447,951 Land $22,230 Building $425,721$4,479,510 Land $222,300 Building $4,257,210

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

FEMA maps place 5501 S Cornell Ave in Zone X, an area of minimal flood risk.

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

The area around 5501 S Cornell Ave has no burnable land within ember reach, so its wildfire risk is not rated.

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 147 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable		2,000 / 250
Verizon
Fixed Wireless		1,000 / 75
T-Mobile
Fixed Wireless		100 / 20
AT&T
DSL · Fiber, Fixed Wireless in parts of the area		100 / 20

May also be available: Google Fiber, Zentro.

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