720 N Franklin St, Chicago, IL 60654 Property Records

Cook County property record for 720 N Franklin St, Chicago, IL 60654

Property Summary

Property TypeCommercial Building, Warehouse, Showroom
Details46,460 sqft · built 1910
Lot Size0.23 acres (10,025 sqft)
OwnerCompany Name on File
Last Sale$9,250,000 (Aug 2021)
Tax Bill$267,006 (2024)
Deeds & MortgagesAug 2021 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN17-09-208-004

Property Details

APN / Parcel Number

Primary APN17-09-208-004
Alternative APN
  • 17-09-208-004-0000

Interior

Units7 Units
Stories5 Stories
Building Area46,460 sqft Gross Area

Exterior

Year BuiltBuilt 1910
Effective Year BuiltEffective 1925
Lot Area10,025 sqft (0.23 acres)

Location & Zoning

Street Address720 N FRANKLIN ST
CityCHICAGO
StateIL
Zip60654-7214
Property CategoryCommercial
Property TypeCommercial > Retail > Commercial Building, Warehouse, Showroom
Local Zoning CodeDX-5
Legal Description(SUBDIVISION) OF LTS1-4 BLK16 IN BUTLER WRIGHT & WEBS TERS ADD TO CHGO A SUB IN SEC 09-39-14
Legal Range14E
Legal Township39N
Legal Section09
Legal SubdivisionWEBS TERS ADD
Legal Block16
Legal Lot Number1-4
JurisdictionCOOK IL
Township / Civil DivisionCHICAGO
Census Block Group1
Census Block1020
Census Tract81800

Owner

720 N Franklin St, a commercial property, is owned by a company that bought it in August 2021.

Source: Cook County records, as of August 25, 2026

Owner of RecordCompany Name on File
Mailing Address306 W ERIE ST, 700, CHICAGO, IL 60654-4005
Owner TypeCompany

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

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 2, 2021 · Amount on File
Deed SaleAug 2, 2021 · Amount on File
Prior SaleJun 15, 1999 · Amount on File
Deed Document Number202122038
Prior Transfer DateJul 30, 2021
Prior Transfer Doc0000022038
Record UpdatedOct 29, 2026

August 2021: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCOOK IL
Recording DateAug 2, 2021
Property Address720 N FRANKLIN ST, CHICAGO, IL 60654-7214
Document Number0021422038
Instrument DateJul 30, 2021
Instrument2121422038
Transaction TypeTransfer
Record UpdatedMay 8, 2026
Title CompanyE-CHICAGO TITLE, CHICAGO TITLE

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$9,250.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address445 N WELLS ST STE 200, 200, CHICAGO, IL 60654-4582

Mortgage

Document Number0021422040
DateAug 2, 2021
Instrument2121422040
Lender
NameWINTRUST BANK NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Term59 Months
DueJul 30, 2026

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$1,329,001 Land $375,938 Building $953,063$5,316,004 Land $1,503,752 Building $3,812,252
2024$267,006.00 (-45.28%)
2023$487,915.00 (+2.58%)
2022$475,640.00$2,312,500 Land $501,250 Building $1,811,250$9,250,000 Land $2,005,000 Building $7,245,000

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 720 N Franklin St in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2020.

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 Claims1 (2020)
Claims Outside the SFHA1 of 1
Most Recent ClaimMay 2020

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 720 N Franklin 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 394 locations within half a mile, as of December 31, 2025

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

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

Nearby Properties on N Franklin St

Nearby Streets

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