5504 W Potomac Ave, Chicago, IL 60651 Property Records

Cook County property record for 5504 W Potomac Ave, Chicago, IL 60651

Property Summary

Property TypeApartments (5+ Units)
Details6 bd · 3 ba · 3,976 sqft · built 1918
Lot Size0.144 acres (6,250 sqft)
OwnerCompany Name on Record
Last Sale$415,000 (Feb 2022)
Tax Bill$5,275 (2023)
Deeds & MortgagesFeb 2022 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN16-04-123-024

Property Details

APN / Parcel Number

Primary APN16-04-123-024
Alternative APN
  • 16-04-123-024-0000

Interior

Bedrooms6 Beds
Full Baths3 Baths
Total Rooms9 Rooms
Units3 Units
Stories2 Stories
Building Area3,976 sqft Living Area

Exterior

Year BuiltBuilt 1918
Effective Year BuiltEffective 1920
Architectural StyleMulti-Family
Exterior MaterialFrame
Construction TypeFrame
Foundation TypeSlab (Mat/Raft)
Roof MaterialAsphalt
Lot Area6,250 sqft (0.144 acres)
Garage TypeDetached
Parking Spaces2 Parking Spaces

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC

Location & Zoning

Street Address5504 W POTOMAC AVE
CityCHICAGO
StateIL
Zip60651-1257
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Local Zoning CodeRS-3
Legal DescriptionCHANNING M (COLEMANS) ADD TO (AUSTIN) SUB OF W 26.82 ACS OF SH NW SEC 04-39-13
Legal Range13E
Legal Township39N
Legal Section04
Legal SubdivisionCOLEMANS ADD TO AUSTIN
Legal Block3
Legal Lot Number17
JurisdictionCOOK IL
Township / Civil DivisionCHICAGO
Census Block Group4
Census Block4015
Census Tract250700

Owner

Source: Cook County records, as of October 21, 2026

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

Owner of RecordCompany Name on Record
Mailing AddressPO BOX 4746, OAK BROOK, IL 60522-4746
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleFeb 2, 2022 · Amount on Record
Deed SaleFeb 2, 2022 · Amount on Record
Deed Document Number2022306363
Record UpdatedOct 29, 2026

February 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCOOK IL
Recording DateFeb 2, 2022
Property Address5504 W POTOMAC AVE, CHICAGO, IL 60651-1257
Document Number0003306363
Instrument DateNov 3, 2021
Instrument2203306363
Transaction TypeTransfer
Record UpdatedMar 17, 2022
Title CompanyGREATER ILLINOIS TITLE COMPANY, GREATER ILLINOIS TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$415.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1617 S MAIN ST, LOMBARD, IL 60148-4937

Mortgage

Document Number0003306364
DateFeb 2, 2022
Instrument2203306364
Lender
NamePS FUNDING INC
TypeNon-Lending Institution
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term10 Months
DueDec 1, 2022

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$37,001 (+48%) Land $7,813 Building $29,188$370,010 (+48%) Land $78,130 Building $291,880
2023$5,275.00 (+2.59%)
2022$5,142.00$25,000 Land $6,250 Building $18,750$250,000 Land $62,500 Building $187,500

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 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

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

ProviderMax 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.

Nearby Properties on W Potomac Ave

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