7222 Park Ave, Summit, IL 60501 Property Records

Cook County property record for 7222 Park Ave, Summit, IL 60501

Property Summary

Property TypeApartments (5+ Units)
Details7 bd · 4 ba · 2,976 sqft · built 1963
Lot Size0.088 acres (3,840 sqft)
OwnerCompany Name on Record
Last Sale$420,000 (Jul 2025)
Tax Bill$10,862 (2023)
Deeds & MortgagesJul 2025 Mortgage
Dec 2019 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN18-12-404-029

Property Details

APN / Parcel Number

Primary APN18-12-404-029
Alternative APN
  • 18-12-404-029-0000

Interior

Bedrooms7 Beds
Full Baths4 Baths
Total Rooms15 Rooms
Units9 Units
Stories2 Stories
Building Area2,976 sqft Living Area

Exterior

Year BuiltBuilt 1963
Effective Year BuiltEffective 1963
Architectural StyleMulti-Family
Exterior MaterialBrick/Stone
Construction TypeMasonry / Concrete Block
Roof MaterialTar & Gravel
Lot Area3,840 sqft (0.088 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHot Water

Location & Zoning

Street Address7222 PARK AVE
CitySUMMIT ARGO
StateIL
Zip60501-1150
Property CategoryResidential
Property TypeResidential > 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 Range12E
Legal Township38N
Legal Section12
Legal SubdivisionPARK ACRES
Legal Block8-10
Legal Lot Number6
JurisdictionCOOK IL
Township / Civil DivisionLYONS
Census Block Group1
Census Block1019
Census Tract820300

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 RecordCompany Name on Record
Mailing Address1837 SCOVILLE AVE, BERWYN, IL 60402-1909
Owner TypeCompany
VestingTrust

Deeds, Mortgages & Sale History

DateDocument
Jul 29, 2025Deed of Trust, Mortgage · Conventional Mortgage
OCMBC INC
Dec 18, 2019Warranty Deed, Transfer · FHA Mortgage
UNITED WHOLESALE MTG

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 29, 2025 · Amount on Record
Deed SaleJul 29, 2025 · Amount on Record
Prior SaleDec 18, 2019 · Amount on Record
Deed Document Number202520262
Prior Transfer DateDec 20, 1996
Prior Transfer Doc0000000452
Record UpdatedOct 29, 2026

July 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address7222 PARK AVE, SUMMIT, IL 60501-1150
Transaction TypeMortgage
Record UpdatedApr 2, 2026
Title CompanyCARRINGTON TITLE PARTNERS LLC, CARRINGTON TTL PARTNERS LLC

Transferred To (Grantee/Buyer)

NameVerified Name
Address1837 SCOVILLE AVE, BERWYN, IL 60402-1909

Mortgage

Document Number0021020263
DateJul 29, 2025
Instrument2521020263
Lender
NameOCMBC INC
TypeMortgage Company
AddressIRVINE, CA 92612
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueJul 1, 2055
Interest
Rate TypeFixed Rate
Rate7.49%

December 2019: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCOOK IL
Recording DateDec 18, 2019
Property Address7222 PARK AVE, SUMMIT, IL 60501-1150
Document Number1935213016
Instrument DateDec 18, 2019
Instrument35213016
Transaction TypeTransfer
Record UpdatedJan 6, 2020
Title CompanyOLD REPUBLIC TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$275.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipSole Owner
Address2625 W 37TH PL CHICAGO IL 606321620, CHICAGO, IL 60632-1620

Mortgage

Document Number1935213017
DateDec 18, 2019
Instrument35213017
Lender
NameUNITED WHOLESALE MTG
TypeMortgage Company
AddressPONTIAC, MI 48341
Agreement
TypeFHA Mortgage
AmountAmount Recorded
Term360 Months
DueDec 17, 2049
Interest
Rate3.5%

Tax Assessment & Valuation

Source: Cook County assessment roll, as of May 27, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionLyons Township
MunicipalitySummit Village
Secondary School DistrictArgo Community High School District 217 (09 - 12)
Elementary School DistrictSummit School District 104 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$31,000 (+54.74%) Land $2,784 Building $28,216$310,000 (+54.74%) Land $27,840 Building $282,160
2023$10,862.00 (+25.67%)
2022$8,643.00 (+2.76%)$20,033 (-) Land $2,400 Building $17,633$200,330 (-) Land $24,000 Building $176,330
2021$8,411.00$20,033 Land $2,400 Building $17,633$200,330 Land $24,000 Building $176,330

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 · 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 (1982)
Most Recent ClaimDec 1982 · tidal / storm surge

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 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 SystemSUMMIT
serves 11,161 people · EPA ID IL0310060
Water SourcePurchased surface water from CHICAGO
Last State InspectionMar 2026
Lead7 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting4
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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 463 locations within half a mile, as of December 31, 2025

ProviderMax 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
Fixed Wireless
100 / 20

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