7232 Park Ave, Summit, IL 60501 Property Records

Cook County property record for 7232 Park Ave, Summit, IL 60501 · Last verified June 2026

Property Highlights

Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Bedrooms7 Beds
Bathrooms4 Baths
Architecture StyleMultifamily
Year BuiltBuilt 1965
Square Footage2,976 sqft Living Area
Lot Size4,706 sqft (0.108 acres)
Last Sale$253,000 (2020)
Tax Bill$10,653.00 (2023)

Property Details

APN / Parcel Number

Primary APN18-12-404-033
Alternative APN
  • 18-12-404-033-0000

Interior

Bedrooms7 Beds
Full Baths4 Baths
Total Rooms15 Rooms
Units8 Units
Building Area2,976 sqft Living Area
Stories2 Stories

Exterior

Year BuiltBuilt 1965
Effective Year BuiltEffective 1965
Architectural StyleMultifamily Style
Exterior MaterialBrick/Stone (Brick and/or Stone) Exterior
Construction TypeMasonry/Concrete Masonry Units (CMUs) Construction
Foundation TypeNo Foundation Foundation
Roof MaterialRoll Tar & Gravel Roof
Lot Area4,706 sqft (0.108 acres)

Utilities and HVAC

Cooling SystemHVAC Cooling
Heating SystemHot Water Heating
SewageMunicipal Sewage
Water SourceCommercial Water Source

Location & Zoning

Street Address7232 PARK AVE
CitySUMMIT ARGO
StateIL
Zip60501-1146
Property UsageResidential Property Usage
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 Number15
JurisdictionCOOK IL
Minor Civil DivisionLYONS
Census Blockgroup1
Census Block1019
Census Tract820300

Owner

Source: Cook County records · APN 18-12-404-033

Assessment roll updated May 27, 2026 · Last verified June 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual Name on File
Mailing Address12563 ARCHER AVE, LEMONT, IL 60439-6730
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Apr 30, 2021Deed of Trust, Mortgage · Conventional Mortgage
A & N MORTGAGE SERVICES INC
Oct 29, 2020Grant Deed, Transfer
A&N MTG SVCS

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleOct 29, 2020 · Amount on Record
Deed SaleOct 29, 2020 · Amount on Record
Prior SaleMay 16, 2011 · Amount on Record
Deed Doc Number20207267
Prior Transfer DateOct 18, 2007
Prior Transfer Doc0000005179
Record RefreshedSep 20, 2026

April 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address7232 PARK AVE, SUMMIT, IL 60501-1146
Transaction TypeMortgage
Record UpdatedJun 09, 2026
Title CompanyLAKESHORE TITLE AGENCY

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0012010123
DateApr 30, 2021
Instrument2112010123
Lender
NameA & N MORTGAGE SERVICES INC
TypeMortgage Company
AddressCHICAGO, IL 60642
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueMay 01, 2051
Interest
Rate TypeFixed Rate
Rate3.12%

October 2020: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionCOOK IL
Recording DateOct 29, 2020
Property Address7232 PARK AVE, SUMMIT, IL 60501-1146
Document Number2030307267
Instrument DateAug 17, 2020
Instrument30307267
Transaction TypeTransfer
Record UpdatedNov 11, 2020
Title CompanyFIDELITY NATIONAL TITLE

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$127.00

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address12563 ARCHER AVE LEMONT IL 604396730, LEMONT, IL 60439-6730

Mortgage

Document Number2030307269
DateOct 29, 2020
Instrument30307269
Lender
NameA&N MTG SVCS
TypeMortgage Company
AddressCHICAGO, IL 60642
Agreement
AmountAmount Recorded
Term360 Months
DueOct 28, 2050
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

Source: Cook County records · Assessment roll updated May 27, 2026 · Last verified June 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

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.

YearTax BillAssessed ValueAssessed Market Value
2025$30,405 (+50.5%) Land $3,412 Building $26,993$304,050 (+50.5%) Land $34,120 Building $269,930
2023$10,653.00 (+22.22%)
2022$8,716.00$20,202 Land $2,941 Building $17,261$202,020 Land $29,410 Building $172,610

Flood & Wildfire

7232 Park Ave is in FEMA Zone X, outside the Special Flood Hazard Area, with no wildfire exposure.

Flood

Source: FEMA National Flood Hazard Layer · Cook County (17031C), updated February 11, 2026

FEMA Flood ZoneZone X
minimal flood hazard · outside the 0.2% annual chance floodplain
Special Flood Hazard AreaNo

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to HomesNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach of burnable land

Values are read at the parcel center point; lenders make the official flood determination.

Nearby Properties on Park Ave

Nearby Streets

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