5550 N Wayne Ave, Chicago, IL 60640 Property Records

Cook County property record for 5550 N Wayne Ave, Chicago, IL 60640

Property Summary

Property Type	Single Family Home
Details	4 bd · 2.5 ba · 2,222 sqft · built 1909
Lot Size	0.093 acres (4,059 sqft)
Owner	2 Individual Names on Record
Last Sale	$1,400,000 (May 2023)
Tax Bill	$18,079 (2023)
Deeds & Mortgages	Dec 2025 Mortgage May 2023 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`14-08-103-023`

Property Details

APN / Parcel Number

Primary APN	`14-08-103-023`
Alternative APN	`14-08-103-023-0000`

Interior

Bedrooms	4 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Total Rooms	8 Rooms
Stories	2 Stories
Building Area	2,222 sqft Living Area
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1909
Effective Year Built	Effective 1910
Architectural Style	Old Style
Exterior Material	Stucco
Roof Material	Asphalt
Lot Area	4,059 sqft (0.093 acres)
Garage Type	Detached
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC
Water Source	Commercial

Location & Zoning

Street Address	5550 N WAYNE AVE
City	CHICAGO
State	IL
Zip	60640-1319
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	RS-3
Legal Description	(COCHRANS) (3RD) ADD TO (EDGEWATER) IN EH NW SEC 08-40-14
Legal Range	14E
Legal Township	40N
Legal Section	08
Legal Subdivision	COCHRANS 3RD ADD TO EDGEWATER
Legal Block	4,4
Legal Lot Number	4,3
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	1
Census Block	1006
Census Tract	30800

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the Lakewood Balmoral Historic District listed 1999 · 490 contributing resources · NRIS 99000162

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

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	2 Individual Names on Record
Mailing Address	5550 N WAYNE AVE, CHICAGO, IL 60640-1319
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Tenants by the Entirety

Deeds, Mortgages & Sale History

Date	Document
Dec 4, 2025	Deed of Trust, Mortgage · Conventional Mortgage JPMORGAN CHASE BANK NA
May 1, 2023	Warranty Deed, Transfer · Conventional Mortgage DRAPER & KRAMER MORTGAGE CORP
Oct 27, 2020	Quit Claim Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	May 1, 2023 · Amount on Record
Deed Sale	May 1, 2023 · Amount on Record
Prior Sale	Mar 31, 2014 · Amount on Record
Deed Document Number	202313131
Prior Transfer Date	Aug 21, 2020
Prior Transfer Doc	0000062146
Record Updated	Sep 20, 2026

December 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	5550 N WAYNE AVE, CHICAGO, IL 60640-1319
Transaction Type	Mortgage
Record Updated	Dec 22, 2025
Title Company	CITYWIDE TITLE CORPORATION

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5550 N WAYNE AVE, CHICAGO, IL 60640-1319

Mortgage

Document Number	0033811023
Date	Dec 4, 2025
Instrument	2533811023

Lender

Name	JPMORGAN CHASE BANK NA
Type	Bank
Address	COLUMBUS, OH 43240

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	359 Months
Due	Nov 1, 2055

May 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	May 1, 2023
Property Address	5550 N WAYNE AVE, CHICAGO, IL 60640-1319
Document Number	0012113131
Instrument Date	Apr 26, 2023
Instrument	2312113131
Transaction Type	Transfer
Record Updated	May 15, 2023
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,400.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	5550 N WAYNE AVE, CHICAGO, IL 60640-1319

Mortgage

Document Number	0012113132
Date	May 1, 2023
Instrument	2312113132

Lender

Name	DRAPER & KRAMER MORTGAGE CORP
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	May 1, 2053

Interest

Rate Type	Adjustable Rate
Rate	6.12%
Type Change Date	May 1, 2030
Change Frequency	6 Months
Min Rate At Change	2.75%
Max Rate At Change	11.1%
Index	Other
Max Rate	11.1%

October 2020: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	COOK IL
Recording Date	Oct 27, 2020
Property Address	5550 N WAYNE AVE, CHICAGO, IL 60640-1319
Document Number	2029962146
Instrument Date	Aug 21, 2020
Instrument	29962146
Transaction Type	Transfer
Record Updated	Nov 10, 2020
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Quitclaim

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Living Trust
Address	5550 N WAYNE AVE CHICAGO IL 606401319, CHICAGO, IL 60640-1319

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		$123,000 (+38.2%) Land $40,387 Building $82,613	$1,230,000 (+38.2%) Land $403,870 Building $826,130
2023	$18,079.00 (+2.71%)
2022	$17,602.00	$89,000 Land $32,472 Building $56,528	$890,000 Land $324,720 Building $565,280

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 · 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 Policies	2 in force

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

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

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Astound Broadband Cable · Fiber in parts of the area	1,500 / 50
Verizon Fixed Wireless	1,000 / 75
AT&T DSL · Fiber, Fixed Wireless in parts of the area	100 / 20

May also be available: T-Mobile, Zentro.

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