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562 W Madison St, Chicago, IL 60661 Property Records

Cook County property record for 562 W Madison St, Chicago, IL 60661

Property Summary

Property TypeCommercial
Detailsbuilt 2002
Lot Size0.62 acres (2,720 sqft)
OwnerCompany Name on File
Last Sale$7,000,000 (Jan 2018)
Tax Bill$17,665 (2023)
Deeds & MortgagesJan 2018 Sale
Flood ZoneZone X (minimal risk)
APN17-09-341-012

Property Details

APN / Parcel Number

Primary APN17-09-341-012
Alternative APN
  • 17-09-341-012-0000

Exterior

Year BuiltBuilt 2002
Effective Year BuiltEffective 2002
Lot Area2,720 sqft (0.62 acres)

Location & Zoning

Street Address562 W MADISON ST
CityCHICAGO
StateIL
Zip60661
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodePD 779
Legal Description(ORIGINAL) TOWN OF (CHICAGO) IN SE & SW SEC 09-39-14
Legal Range14E
Legal Township39N
Legal Section09
Legal SubdivisionORIGINAL TOWN OF CHICAGO
Legal Block49
Legal Lot Number10
JurisdictionCOOK IL
Township / Civil DivisionCHICAGO
Census Block Group1
Census Block1021
Census Tract280100

Historic Designation

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

Historic DistrictWithin the West Loop-LaSalle Street Historic District
listed 2013 · 50 contributing resources · NRIS 12001238

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

Owner

562 W Madison St, a commercial property, is owned by a company that bought it in January 2018.

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

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on File
Mailing Address7700 CONGRESS AVE, 3106, BOCA RATON, FL 33487-1356
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJan 19, 2018 · Amount on File
Deed SaleJan 19, 2018 · Amount on File
Deed Document Number201818111
Record UpdatedSep 20, 2026

January 2018: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionCOOK IL
Recording DateJan 19, 2018
Property Address562 W MADISON ST, CHICAGO, IL 60661
Document Number1801918111
Instrument DateJan 12, 2018
Instrument1918111
Transaction TypeTransfer
Record UpdatedJan 30, 2018
Title CompanyATTORNEY ONLY

Transaction

AmountAmount on Record
Tax$7,000.00
Additional
  • Quitclaim
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address540 W MADISON ST CHICAGO IL 606612591, CHICAGO, IL 60661-2591

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$69,838 Land $68,000 Building $1,838$279,352 Land $272,000 Building $7,352
2023$17,665.00 (+2.59%)
2022$17,219.00$83,436 Land $81,600 Building $1,836$333,744 Land $326,400 Building $7,344

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 562 W Madison St in Zone X, an area of minimal flood risk, though there have been 5 flood claims nearby since 1982.

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies4 in force
Nearby Flood Claims5 (1982–2020)
Claims Outside the SFHA2 of 5
Most Recent ClaimMay 2020 · rainfall accumulation

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 562 W Madison 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 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 194 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable		2,000 / 250
Starlink
Satellite		280 / 30
AT&T
Fixed Wireless · Fiber, DSL in parts of the area		100 / 20

May also be available: Astound Broadband, Google Fiber, T-Mobile, Verizon, Zentro.

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