5542 W Grace St, Chicago, IL 60641 Property Records

Cook County property record for 5542 W Grace St, Chicago, IL 60641

Property Summary

Property Type	Single Family Home
Details	3 bd · 1 ba · 952 sqft · built 1924
Lot Size	0.093 acres (4,059 sqft)
Owner	2 Individual Names on File
Last Sale	$340,000 (Sep 2025)
Tax Bill	$4,645 (2023)
Deeds & Mortgages	Sep 2025 Sale & Mortgage Oct 2020 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`13-21-112-023`

Property Details

APN / Parcel Number

Primary APN	`13-21-112-023`
Alternative APN	`13-21-112-023-0000`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Total Rooms	6 Rooms
Stories	1 Story
Building Area	952 sqft Living Area
1st Floor Area	952 sqft

Exterior

Year Built	Built 1924
Effective Year Built	Effective 1926
Exterior Material	Wood
Construction Type	Frame
Roof Material	Asphalt
Lot Area	4,059 sqft (0.093 acres)
Garage Type	Detached
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Hot Water

Location & Zoning

Street Address	5542 W GRACE ST
City	CHICAGO
State	IL
Zip	60641-3214
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	RS-2
Legal Description	FRED (BUCKS) SUB IN N3/4 OF WH WH NW SEC 21-40-13
Legal Range	13E
Legal Township	40N
Legal Section	21
Legal Subdivision	BUCKS SUB
Legal Block	1
Legal Lot Number	14
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	4
Census Block	4017
Census Tract	150700

Owner

5542 W Grace St is owned and occupied by two individuals who bought it in September 2025.

Source: Cook County records, as of May 27, 2026

Owner of Record	2 Individual Names on File
Mailing Address	5542 W GRACE ST, CHICAGO, IL 60641-3214
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Joint Tenants

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

Date	Document
Sep 29, 2025	Administrator's Deed, Transfer · FHA Mortgage FAIRWAY INDEPENDENT MORTGAGE CORP
Oct 24, 2020	Deed of Trust, Mortgage · Conventional Mortgage QUICKEN LNS
Nov 1, 2019	Deed of Trust, Mortgage · Conventional Mortgage QUICKEN LNS
Feb 21, 2017	Grant Deed, Transfer · Conventional with PMI QUICKEN LNS

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Sep 29, 2025 · Amount on File
Deed Sale	Sep 29, 2025 · Amount on File
Prior Sale	Feb 21, 2017 · Amount on File
Deed Document Number	202520333
Prior Transfer Date	Nov 15, 2007
Prior Transfer Doc	0000009067
Record Updated	Oct 29, 2026

September 2025: Administrator's Deed, Transfer

Document Type	Administrator's Deed
Jurisdiction	COOK IL
Recording Date	Sep 29, 2025
Property Address	5542 W GRACE ST, CHICAGO, IL 60641-3214
Document Number	0027220333
Instrument Date	Aug 25, 2025
Instrument	2527220333
Transaction Type	Transfer
Record Updated	Oct 17, 2025
Title Company	OLD REPUBLIC TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$340.00
Amount Accuracy	Rounded by County
Additional	Lis Pendens Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	5542 W GRACE ST, CHICAGO, IL 60641-3214

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	5542 WDEST GRACE STREET, CHICAGO, IL 60634

Mortgage

Document Number	0027220334
Date	Sep 29, 2025
Instrument	2527220334

Lender

Name	FAIRWAY INDEPENDENT MORTGAGE CORP
Type	Mortgage Company

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	361 Months
Due	Oct 1, 2055

Interest

Rate Type	Fixed Rate
Rate	6.75%

October 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	5542 W GRACE ST, CHICAGO, IL 60641-3214
Document Number	2032703150
Instrument Date	Oct 24, 2020
Transaction Type	Mortgage
Record Updated	Dec 16, 2020
Title Company	OTHER

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5542 W GRACE ST CHICAGO IL 606413214, CHICAGO, IL 60641-3214

Mortgage

Document Number	2032703150
Date	Nov 24, 2020
Instrument	32703150

Lender

Name	QUICKEN LNS
Type	Funding / Finance Company
Address	DETROIT, MI 48226-1906

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	324 Months
Due	Nov 23, 2047

November 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	5542 W GRACE ST, CHICAGO, IL 60641-3214
Document Number	1931208264
Instrument Date	Nov 1, 2019
Transaction Type	Mortgage
Record Updated	Nov 22, 2019
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5542 W GRACE ST CHICAGO IL 606413214, CHICAGO, IL 60641-3214

Mortgage

Document Number	1931208264
Date	Nov 8, 2019
Instrument	31208264

Lender

Name	QUICKEN LNS
Type	Funding / Finance Company
Address	DETROIT, MI 48226-1906

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Nov 7, 2049

February 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	COOK IL
Recording Date	Feb 21, 2017
Property Address	5542 W GRACE ST, CHICAGO, IL 60641-3214
Document Number	1705213080
Instrument Date	Feb 15, 2017
Instrument	5213080
Transaction Type	Transfer
Record Updated	Mar 2, 2017
Title Company	ATTORNEY'S TITLE, ATTORNEYS TITLE GUARANTY FUND

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$200.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4655 N LARAMIE AVE CHICAGO IL 606303605, CHICAGO, IL 60630-3605

Mortgage

Document Number	1705213081
Date	Feb 21, 2017
Instrument	5213081

Lender

Name	QUICKEN LNS
Type	Funding / Finance Company
Address	DETROIT, MI 48226-1906

Agreement

Type	Conventional with PMI
Amount	Amount on Record
Term	360 Months
Due	Feb 20, 2047

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		$29,001 Land $14,207 Building $14,794	$290,010 Land $142,070 Building $147,940
2023	$4,645.00 (-11.76%) Homeowner's exemption	$27,968 (-3.56%) Land $11,365 Building $16,603	$279,680 (-3.56%) Land $113,650 Building $166,030
2022	$5,264.00 Homeowner's exemption	$28,999 Land $11,365 Building $17,634	$289,990 Land $113,650 Building $176,340

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 5542 W Grace St in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 1997.

Source: FEMA National Flood Hazard Layer, effective February 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	1 (1997)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Aug 1997 · Severe Storms And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 5542 W Grace St 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 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 1,191 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 / 2,000
T-Mobile Fixed Wireless	100 / 20

May also be available: Verizon.

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