5505 W Potomac Ave, Chicago, IL 60651 Property Records

Cook County property record for 5505 W Potomac Ave, Chicago, IL 60651

Property Summary

Property Type	Apartments (5+ Units)
Details	4 bd · 2 ba · 2,254 sqft · built 1918
Lot Size	0.098 acres (4,250 sqft)
Owner	2 Individual Names on File
Last Sale	$505,000 (Sep 2025)
Tax Bill	$5,064 (2023)
Deeds & Mortgages	Dec 2023 Mortgage Sep 2025 Sale & Mortgage + 4 more
Flood Zone	Zone X (minimal risk)
APN	`16-04-125-015`

Property Details

APN / Parcel Number

Primary APN	`16-04-125-015`
Alternative APN	`16-04-125-015-0000`

Interior

Bedrooms	4 Beds
Full Baths	2 Baths
Total Rooms	10 Rooms
Units	2 Units
Stories	2 Stories
Building Area	2,254 sqft Living Area

Exterior

Year Built	Built 1918
Effective Year Built	Effective 1920
Architectural Style	Multi-Family
Exterior Material	Brick/Stone
Construction Type	Masonry / Concrete Block
Roof Material	Asphalt
Lot Area	4,250 sqft (0.098 acres)
Garage Type	Detached
Parking Spaces	1 Parking Space

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	5505 W POTOMAC AVE
City	CHICAGO
State	IL
Zip	60651-1258
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	6
Legal Lot Number	2
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	3
Census Block	3003
Census Tract	250700

Owner

Source: Cook County assessment roll, 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	2 Individual Names on File
Mailing Address	5505 W POTOMAC AVE, CHICAGO, IL 60651-1258
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Joint Tenants

Deeds, Mortgages & Sale History

Date	Document
Dec 28, 2023	Deed of Trust, Mortgage · FHA Mortgage M & T BANK
Sep 4, 2025	Warranty Deed, Transfer · FHA Mortgage GUARANTEED RATE INC
Feb 3, 2022	Warranty Deed, Transfer · FHA Mortgage PARAMOUNT RESIDENTIAL MORTGAGE GROU
May 11, 2021	Warranty Deed, Transfer FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INS CO
May 6, 2021	Administrator's Deed, Transfer OLD REPUBLIC TITLE
Nov 30, 2020	Grant Deed, Transfer NOT AVAILABLE

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Sep 4, 2025 · Amount on Record
Deed Sale	Sep 4, 2025 · Amount on Record
Prior Sale	Feb 3, 2022 · Amount on Record
Deed Document Number	20252164
Record Updated	Sep 20, 2026

December 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	5505 W POTOMAC AVE, CHICAGO, IL 60651-1258
Transaction Type	Mortgage
Record Updated	Sep 25, 2025
Title Company	SERVICELINK

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5505 W POTOMAC AVE, CHICAGO, IL 60651-1258

Mortgage

Document Number	0036206290
Date	Dec 28, 2023
Instrument	2336206290

Lender

Name	M & T BANK
Type	Bank
Address	GETZVILLE, NY 14068

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	339 Months
Due	Mar 1, 2052

September 2025: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Sep 4, 2025
Property Address	5505 W POTOMAC AVE, CHICAGO, IL 60651-1258
Document Number	0024702164
Instrument Date	Jul 21, 2025
Instrument	2524702164
Transaction Type	Transfer
Record Updated	Sep 25, 2025
Title Company	CARRINGTON TITLE PARTNERS LLC, CARRINGTON TTL PARTNERS LLC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$505.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	5505 W POTOMAC AVE, CHICAGO, IL 60651-1258

Mortgage

Document Number	0024702165
Date	Sep 4, 2025
Instrument	2524702165

Lender

Name	GUARANTEED RATE INC
Type	Mortgage Company

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	359 Months
Due	Aug 1, 2055

Interest

Rate Type	Fixed Rate
Rate	6.62%

February 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Feb 3, 2022
Property Address	5505 W POTOMAC AVE, CHICAGO, IL 60651-1258
Document Number	0003421312
Instrument Date	Feb 1, 2022
Instrument	2203421312
Transaction Type	Transfer
Record Updated	Mar 18, 2022
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$440.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5505 W POTOMAC AVE, CHICAGO, IL 60651-1258

Mortgage

Document Number	0003421313
Date	Feb 3, 2022
Instrument	2203421313

Lender

Name	PARAMOUNT RESIDENTIAL MORTGAGE GROU
Type	Mortgage Company

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Mar 1, 2052

Interest

Rate Type	Fixed Rate
Rate	3.99%

May 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	May 11, 2021
Property Address	5505 W POTOMAC AVE, CHICAGO, IL 60651-1258
Document Number	0013118363
Instrument Date	Mar 24, 2021
Instrument	2113118363
Transaction Type	Transfer
Record Updated	Sep 29, 2023
Title Company	FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INS CO

Transaction

Amount	Amount Recorded
Tax	$170.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2299 N CLYBOURN AVE, CHICAGO, IL 60614-3052
Investor	Possibly a Property Investor

May 2021: Administrator's Deed, Transfer

Document Type	Administrator's Deed
Jurisdiction	COOK IL
Recording Date	May 6, 2021
Property Address	5505 W POTOMAC AVE, CHICAGO, IL 60651-1258
Document Number	0012641054
Instrument Date	Mar 15, 2021
Instrument	2112641054
Transaction Type	Transfer
Record Updated	Sep 29, 2023
Title Company	OLD REPUBLIC TITLE

Transaction

Amount	Amount Recorded
Tax	$86.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	923 DILLON DR, WOOD DALE, IL 60191-1274

November 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	COOK IL
Recording Date	Nov 30, 2020
Property Address	5505 W POTOMAC AVE, CHICAGO, IL 60651-1258
Document Number	2033538547
Instrument Date	Nov 1, 2020
Instrument	33538547
Transaction Type	Transfer
Record Updated	Dec 14, 2020
Title Company	NOT AVAILABLE

Transaction

Amount	Amount Recorded
Tax	$76.00
Amount Accuracy	Confirmed

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	5505 W POTOMAC AVE CHICAGO IL 606511258, CHICAGO, IL 60651-1258

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		$40,001 (+66.67%) Land $5,313 Building $34,688	$400,010 (+66.67%) Land $53,130 Building $346,880
2023	$5,064.00 (+2.59%)	$24,000 (-) Land $4,250 Building $19,750	$240,000 (-) Land $42,500 Building $197,500
2022	$4,936.00 (+2.28%)	$24,000 (-) Land $4,250 Building $19,750	$240,000 (-) Land $42,500 Building $197,500
2021	$4,826.00	$24,000 Land $4,250 Building $19,750	$240,000 Land $42,500 Building $197,500

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

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 USA, Verizon.

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