5531 W School St, Chicago, IL 60641 Property Records

Cook County property record for 5531 W School St, Chicago, IL 60641

Property Summary

Property Type	Apartments (5+ Units)
Details	4 bd · 2.5 ba · 2,214 sqft · built 1925
Lot Size	0.086 acres (3,750 sqft)
Owner	Individual Name on Record
Last Sale	$625,000 (Feb 2025)
Tax Bill	$6,689 (2023)
Deeds & Mortgages	Feb 2025 Sale & Mortgage Nov 2019 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`13-21-323-006`

Property Details

APN / Parcel Number

Primary APN	`13-21-323-006`
Alternative APN	`13-21-323-006-0000`

Interior

Bedrooms	4 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Total Rooms	10 Rooms
Units	2 Units
Stories	2 Stories
Building Area	2,214 sqft Living Area

Exterior

Year Built	Built 1925
Effective Year Built	Effective 1927
Architectural Style	Multi-Family
Exterior Material	Brick/Stone
Construction Type	Masonry / Concrete Block
Roof Material	Asphalt
Lot Area	3,750 sqft (0.086 acres)
Garage Type	Detached
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Hot Water

Location & Zoning

Street Address	5531 W SCHOOL ST
City	CHICAGO
State	IL
Zip	60641-4186
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	RS-3
Legal Description	WM S (FRISBYS) SUB OF LT 1 BLK 1 OF HIELD & MARTINS S UB OF BLKS 5&6 IN SUB OF LTS D-F IN PARTITION OF WH SW SEC 21-40-13
Legal Range	13E
Legal Township	40N
Legal Section	21
Legal Subdivision	FRISBYS SUB
Legal Block	1,5,6
Legal Lot Number	1,D
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	3
Census Block	3009
Census Tract	151100

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	5531 W SCHOOL ST, CHICAGO, IL 60641-4186
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Married

Deeds, Mortgages & Sale History

Date	Document
Feb 14, 2025	Warranty Deed, Transfer · FHA Mortgage LEADERONE FINANCIAL CORP
Nov 27, 2019	Deed of Trust, Mortgage · Conventional Mortgage LOANDEPOT.COM LLC
Apr 7, 2017	Quit Claim Deed, Transfer Quitclaim

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 14, 2025 · Amount on Record
Deed Sale	Feb 14, 2025 · Amount on Record
Prior Sale	Sep 20, 1996 · Amount on Record
Deed Document Number	202518271
Prior Transfer Date	Jul 26, 1996
Prior Transfer Doc	0000000897
Record Updated	Oct 29, 2026

February 2025: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Feb 14, 2025
Property Address	5531 W SCHOOL ST, CHICAGO, IL 60641-4186
Document Number	0004518271
Instrument Date	Feb 5, 2025
Instrument	2504518271
Transaction Type	Transfer
Record Updated	Feb 26, 2025
Title Company	SATURN TITLE LLC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$625.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5531 W SCHOOL ST, CHICAGO, IL 60641-4186

Mortgage

Document Number	0004518272
Date	Feb 14, 2025
Instrument	2504518272

Lender

Name	LEADERONE FINANCIAL CORP
Type	Mortgage Company
Address	OVERLAND PARK, KS 66210

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Mar 1, 2055

Interest

Rate Type	Fixed Rate
Rate	6.75%

November 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	5531 W SCHOOL ST, CHICAGO, IL 60641-4186
Document Number	1934316065
Instrument Date	Nov 27, 2019
Transaction Type	Mortgage
Record Updated	Dec 23, 2019
Title Company	NATIONWIDE TITLE CLEARING INC

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5531 W SCHOOL ST CHICAGO IL 606414125, CHICAGO, IL 60641-4125

Mortgage

Document Number	1934316065
Date	Dec 9, 2019
Instrument	34316065

Lender

Name	LOANDEPOT.COM LLC
Type	Funding / Finance Company
Address	FOOTHILL RANCH, CA 92610

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Dec 8, 2049

Interest

Rate	4.5%

April 2017: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	COOK IL
Recording Date	Apr 7, 2017
Property Address	5531 W SCHOOL ST, CHICAGO, IL 60641-4186
Document Number	1709745069
Instrument Date	Apr 5, 2017
Instrument	9745069
Transaction Type	Transfer
Record Updated	Apr 18, 2017

Transaction

Tax	$0.00
Additional	Quitclaim

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5531 W SCHOOL ST CHICAGO IL 606414125, CHICAGO, IL 60641-4125

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		$39,000 (+11.43%) Land $11,625 Building $27,375	$390,000 (+11.43%) Land $116,250 Building $273,750
2023	$6,689.00 (+2.92%)
2022	$6,499.00 Homeowner's exemption	$35,000 Land $9,375 Building $25,625	$350,000 Land $93,750 Building $256,250

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 1,097 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL in parts of the area	5,000 / 5,000
Xfinity Cable	2,000 / 250
T-Mobile Fixed Wireless	100 / 20

May also be available: Verizon.

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