Cook County property record for 7218 Park Ave, Summit, IL 60501
| Property Type | Apartments (5+ Units) |
|---|---|
| Details | 7 bd · 4 ba · 2,976 sqft · built 1963 |
| Lot Size | 0.088 acres (3,840 sqft) |
| Owner | Company Name on File |
| Tax Bill | $10,183 (2023) |
| Deeds & Mortgages | Feb 2022 Transfer Jul 2021 Mortgage + 3 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 18-12-404-027 |
| Primary APN | 18-12-404-027 |
|---|---|
| Alternative APN |
|
| Bedrooms | 7 Beds |
|---|---|
| Full Baths | 4 Baths |
| Total Rooms | 15 Rooms |
| Units | 9 Units |
| Stories | 2 Stories |
| Building Area | 2,976 sqft Living Area |
| Year Built | Built 1963 |
|---|---|
| Effective Year Built | Effective 1963 |
| Architectural Style | Multi-Family |
| Exterior Material | Brick/Stone |
| Construction Type | Masonry / Concrete Block |
| Roof Material | Tar & Gravel |
| Lot Area | 3,840 sqft (0.088 acres) |
| Cooling System | HVAC |
|---|---|
| Heating System | Hot Water |
| Sewer | Municipal |
| Water Source | Commercial |
| Street Address | 7218 PARK AVE |
|---|---|
| City | SUMMIT ARGO |
| State | IL |
| Zip | 60501-1152 |
| Property Category | Residential |
| Property Type | Residential > Multi-Unit > Apartments (5+ Units) |
| Legal Description | (PARK)(ACRES) SUB OF BLKS 8-10 IN CHICAGO TITLE & TRU ST COS THIRD ADDN TO SUMMIT IN SE 1/4 SEC 12-38-12 |
| Legal Range | 12E |
| Legal Township | 38N |
| Legal Section | 12 |
| Legal Subdivision | PARK ACRES |
| Legal Block | 8-10 |
| Legal Lot Number | 8 |
| Jurisdiction | COOK IL |
| Township / Civil Division | LYONS |
| Census Block Group | 1 |
| Census Block | 1019 |
| Census Tract | 820300 |
Source: Cook County records · APN 18-12-404-027
Assessment roll updated May 27, 2026 · Last verified August 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 File |
|---|---|
| Mailing Address | PO BOX 16413, CHICAGO, IL 60616-0413 |
| Owner Type | Company |
| Vesting | Company |
| Date | Document |
|---|---|
| Feb 24, 2022 | Quit Claim Deed, Transfer ACCOMODATION, ACCOMMODATION |
| Jul 01, 2021 | Quit Claim Deed, Transfer · Conventional Mortgage COMPASS MORTGAGE INC |
| Jan 10, 2018 | Trustee's Deed, Construction Loan · Line of Credit HOMETOWN NAT'L BK |
| Jul 27, 2017 | Quit Claim Deed, Transfer ATTORNEY ONLY |
| Feb 27, 2017 | Warranty Deed, Transfer · Line of Credit LINCOLNWAY CMNTY BK |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Feb 24, 2022 |
| Deed Sale | Feb 24, 2022 |
| Prior Sale | Feb 27, 2017 · Amount on Record |
| Deed Document Number | 2022522045 |
| Prior Transfer Date | Feb 18, 2022 |
| Prior Transfer Doc | 0000522045 |
| Record Updated | Sep 20, 2026 |
| Document Type | Quit Claim Deed |
|---|---|
| Jurisdiction | COOK IL |
| Recording Date | Feb 24, 2022 |
| Property Address | 7218 PARK AVE, SUMMIT, IL 60501-1152 |
| Document Number | 0005522045 |
| Instrument Date | Feb 18, 2022 |
| Instrument | 2205522045 |
| Transaction Type | Transfer |
| Record Updated | Mar 23, 2022 |
| Title Company | ACCOMODATION, ACCOMMODATION |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | Transfer Tax Exempt |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | PO BOX 16413, CHICAGO, IL 60616-0413 |
| Name | Verified Name |
|---|---|
| Address | PO BOX 16413, CHICAGO, IL 60616-0413 |
| Document Type | Quit Claim Deed |
|---|---|
| Jurisdiction | COOK IL |
| Recording Date | Jul 01, 2021 |
| Property Address | 7218 PARK AVE, SUMMIT, IL 60501-1152 |
| Document Number | 0018242027 |
| Instrument Date | Jun 14, 2021 |
| Instrument | 2118242027 |
| Transaction Type | Transfer |
| Record Updated | Jul 12, 2021 |
| Title Company | E-CHICAGO TITLE, CHICAGO TITLE |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | Transfer Tax Exempt |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | PO BOX 16413, CHICAGO, IL 60616-0413 |
| Document Number | 0018242028 |
|---|---|
| Date | Jul 01, 2021 |
| Instrument | 2118242028 |
| Name | COMPASS MORTGAGE INC |
|---|---|
| Type | Mortgage Company |
| Address | WARRENVILLE, IL 60555 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 360 Months |
| Due | Jul 01, 2051 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 3.37% |
| Document Type | Trustee's Deed |
|---|---|
| Jurisdiction | COOK IL |
| Recording Date | Jan 10, 2018 |
| Property Address | 7218 PARK AVE, SUMMIT, IL 60501-1152 |
| Document Number | 1801008091 |
| Instrument Date | Dec 28, 2017 |
| Instrument | 1008091 |
| Transaction Type | Construction Loan |
| Record Updated | Jan 19, 2018 |
| Title Company | FIDELITY NATIONAL TITLE |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 7218 PARK AVE SUMMIT IL 605011152, SUMMIT, IL 60501-1152 |
| Document Number | 1801008091 |
|---|---|
| Date | Jan 10, 2018 |
| Instrument | 1008091 |
| Name | HOMETOWN NAT'L BK |
|---|---|
| Type | Bank |
| Address | JOLIET, IL 60435 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 12 Months |
| Due | Jan 09, 2019 |
| Rate Type | Adjustable Rate |
|---|---|
| Rate | 5% |
| Document Type | Quit Claim Deed |
|---|---|
| Jurisdiction | COOK IL |
| Recording Date | Jul 27, 2017 |
| Property Address | 7218 PARK AVE, SUMMIT, IL 60501-1152 |
| Document Number | 1720813065 |
| Instrument Date | Feb 08, 2017 |
| Instrument | 20813065 |
| Transaction Type | Transfer |
| Record Updated | Aug 10, 2017 |
| Title Company | ATTORNEY ONLY |
| Tax | $0.00 |
|---|---|
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 1841 S CALUMET AVE #1309 CHICAGO IL 606164812, 1309, CHICAGO, IL 60616-4812 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | COOK IL |
| Recording Date | Feb 27, 2017 |
| Property Address | 7218 PARK AVE, SUMMIT, IL 60501-1152 |
| Document Number | 1705834024 |
| Instrument Date | Feb 07, 2017 |
| Instrument | 5834024 |
| Transaction Type | Transfer |
| Record Updated | Mar 07, 2017 |
| Title Company | CITYWIDE TITLE CORPORATION, CITYWIDE TITLE CORP |
| Amount | Amount Recorded |
|---|---|
| Tax | $132.00 |
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 1255 S MICHIGAN AVE #1407 CHICAGO IL 606053301, 1407, CHICAGO, IL 60605-3301 |
| Document Number | 1705834025 |
|---|---|
| Date | Feb 27, 2017 |
| Instrument | 5834025 |
| Name | LINCOLNWAY CMNTY BK |
|---|---|
| Type | Bank |
| Address | NEW LENOX, IL 60451 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|---|
| Rate | 3.75% |
Source: Cook County records · Assessment roll updated May 27, 2026 · Last verified August 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Cook County |
| County Subdivision | Lyons Township |
| Municipality | Summit Village |
| Secondary School District | Argo Community High School District 217 (09 - 12) |
| Elementary School District | Summit School District 104 (PK - 08) |
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.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $29,062 (+45.08%) Land $2,784 Building $26,278 | $290,620 (+45.08%) Land $27,840 Building $262,780 | |
| 2023 | $10,183.00 (+17.83%) | ||
| 2022 | $8,642.00 | $20,032 Land $2,400 Building $17,632 | $200,320 Land $24,000 Building $176,320 |
Source: FEMA National Flood Hazard Layer as of February 11, 2026 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Claims | 1 (1982) |
| Most Recent Claim | Dec 1982 · tidal / storm surge |
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
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.
Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026
| Provider | Max Down / Up (Mbps) |
|---|---|
| AT&T Fiber · DSL · Fixed Wireless in parts of the area | 5,000 / 5,000 |
| Xfinity Cable | 2,000 / 250 |
| Verizon Fixed Wireless | 300 / 20 |
| Starlink Satellite | 280 / 30 |
| T-Mobile USA Fixed Wireless | 100 / 20 |
Based on FCC filings for 463 locations within half a mile of this property.
Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026
| Water System | SUMMIT serves 11,161 people |
|---|---|
| Water Source | Purchased surface water from CHICAGO |
| Last State Inspection | Mar 2026 |
| Lead | 7 ppb (2026) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 4 last 3 years |
Results are for the whole water system as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ. The full violation and enforcement history is in the system's EPA record.
Search by:
By searching, you agree to: Terms • Privacy • Disclosures