7040 S Morgan St, Chicago, IL 60621 Property Records

Cook County property record for 7040 S Morgan St, Chicago, IL 60621

Property Summary

Property Type	Apartments (5+ Units)
Details	5 bd · 2 ba · 2,220 sqft · built 1908
Lot Size	0.092 acres (4,000 sqft)
Owner	Company Name on Record
Last Sale	$279,000 (Jan 2021)
Tax Bill	$1,160 (2023)
Deeds & Mortgages	Jan 2021 Sale & Mortgage Apr 2019 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`20-20-427-029`

Property Details

APN / Parcel Number

Primary APN	`20-20-427-029`
Alternative APN	`20-20-427-029-0000`

Interior

Bedrooms	5 Beds
Full Baths	2 Baths
Total Rooms	11 Rooms
Units	2 Units
Stories	2 Stories
Building Area	2,220 sqft Living Area

Exterior

Year Built	Built 1908
Effective Year Built	Effective 1910
Architectural Style	Multi-Family
Exterior Material	Brick/Stone
Construction Type	Masonry / Concrete Block
Roof Material	Asphalt
Lot Area	4,000 sqft (0.092 acres)
Garage Type	Detached
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	7040 S MORGAN ST
City	CHICAGO
State	IL
Zip	60621-1120
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	RT-4
Legal Description	SOUTH2 LOT16 & N20 FT LOT17 BLK16 W 2SE4 S20 T38N R14E 3P
Legal Range	14E
Legal Township	38N
Legal Section	20
Legal Subdivision	LEES
Legal Block	16
Legal Lot Number	16
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	3
Census Block	3006
Census Tract	681100

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	Company Name on Record
Mailing Address	4312 S SAINT LAWRENCE AVE, 1, CHICAGO, IL 60653-5076
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Jan 8, 2021	Grant Deed, Transfer GUARANTEED RATE AFFINITY LLC
Apr 11, 2019	Grant Deed, Transfer MISCELLANEOUS GOVT AGCY
Oct 17, 2017	Grant Deed, Transfer OTHER
Jun 19, 2017	Trustee's Deed, Foreclosure ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 8, 2021 · Amount on Record
Deed Sale	Jan 8, 2021 · Amount on Record
Prior Sale	Jun 19, 2017
Deed Document Number	202113315
Prior Transfer Date	Jun 9, 2017
Prior Transfer Doc	0000034058
Record Updated	Oct 29, 2026

January 2021: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	COOK IL
Recording Date	Jan 8, 2021
Property Address	7040 S MORGAN ST, CHICAGO, IL 60621-1120
Document Number	2100813315
Instrument Date	Oct 24, 2020
Instrument	813315
Transaction Type	Transfer
Record Updated	Jan 20, 2021
Title Company	LAKELAND TITLE SERVICES, LAKELAND TITLE SVCS

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$279.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2801 S KING DR CHICAGO IL 606162949, CHICAGO, IL 60616-2949

Mortgage

Document Number	2100813316
Date	Jan 8, 2021
Instrument	813316

Lender

Name	GUARANTEED RATE AFFINITY LLC
Address	CHICAGO, IL 60613

Agreement

Amount	Amount Recorded
Term	360 Months
Due	Jan 7, 2051

Interest

Rate Type	Fixed Rate
Rate	2.75%

April 2019: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	COOK IL
Recording Date	Apr 11, 2019
Property Address	7040 S MORGAN ST, CHICAGO, IL 60621-1120
Document Number	1910106150
Instrument Date	Feb 25, 2019
Instrument	10106150
Transaction Type	Transfer
Record Updated	Apr 18, 2019
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE CO

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	4312 S SAINT LAWRENCE AVE #1 CHICAGO IL 606533402, 1, CHICAGO, IL 60653-3402

Mortgage

Document Number	1910106151
Date	Apr 11, 2019
Instrument	10106151

Lender

Name	MISCELLANEOUS GOVT AGCY
Address	CHICAGO, IL 60602

Agreement

Amount	Amount Recorded
Term	60 Months
Due	Apr 10, 2024

October 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	COOK IL
Recording Date	Oct 17, 2017
Property Address	7040 S MORGAN ST, CHICAGO, IL 60621-1120
Document Number	1729022027
Instrument Date	Oct 2, 2017
Instrument	29022027
Transaction Type	Transfer
Record Updated	Oct 30, 2017
Title Company	OTHER

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	69 W WASHINGTON ST #2938 CHICAGO IL 606023060, 2938, CHICAGO, IL 60602-3060
Investor	Possibly a Property Investor

June 2017: Trustee's Deed, Foreclosure

Document Type	Trustee's Deed
Jurisdiction	COOK IL
Recording Date	Jun 19, 2017
Property Address	7040 S MORGAN ST, CHICAGO, IL 60621-1120
Document Number	1717034058
Instrument Date	Jun 9, 2017
Instrument	17034058
Transaction Type	Foreclosure
Record Updated	Jul 6, 2017
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Notice of Foreclosure Sale

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	7040 S MORGAN ST CHICAGO IL 606211120, CHICAGO, IL 60621-1120
Investor	Possibly a Property Investor

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		$14,000 (+154.55%) Land $1,200 Building $12,800	$140,000 (+154.55%) Land $12,000 Building $128,000
2023	$1,160.00 (+2.56%)
2022	$1,131.00 (+2.26%)	$5,500 (-) Land $2,600 Building $2,900	$55,000 (-) Land $26,000 Building $29,000
2021	$1,106.00	$5,500 Land $2,600 Building $2,900	$55,000 Land $26,000 Building $29,000

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

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 1,014 locations within half a mile, as of December 31, 2025

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

May also be available: Verizon.

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