7234 Park Ave, Summit, IL 60501 Property Records

Cook County property record for 7234 Park Ave, Summit, IL 60501

Property Summary

Property TypeApartments (5+ Units)
Details8 bd · 4 ba · 2,976 sqft · built 1963
Lot Size0.115 acres (5,006 sqft)
Owner2 Individual Names on File
Tax Bill$11,212 (2023)
Deeds & MortgagesOct 2023 Sale & Mortgage
Feb 2021 Transfer
Flood ZoneZone X (minimal risk)
APN18-12-404-034

Property Details

APN / Parcel Number

Primary APN18-12-404-034
Alternative APN
  • 18-12-404-034-0000

Interior

Bedrooms8 Beds
Full Baths4 Baths
Total Rooms16 Rooms
Units8 Units
Stories2 Stories
Building Area2,976 sqft Living Area

Exterior

Year BuiltBuilt 1963
Effective Year BuiltEffective 1963
Architectural StyleMulti-Family
Exterior MaterialBrick/Stone
Construction TypeFrame
Roof MaterialAsphalt
Lot Area5,006 sqft (0.115 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHot Water
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address7234 PARK AVE
CitySUMMIT ARGO
StateIL
Zip60501-1145
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 Number16
JurisdictionCOOK IL
Township / Civil DivisionLYONS
Census Block Group1
Census Block1019
Census Tract820300

Owner

7234 Park Ave, a residential property, is owned by two individuals who acquired it in October 2023.

Source: Cook County records, as of May 27, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record2 Individual Names on File
Mailing Address1837 SCOVILLE AVE, BERWYN, IL 60402-1909
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Oct 23, 2023Warranty Deed, Transfer · FHA Mortgage
PANORAMA MORTGAGE GROUP LLC
Feb 17, 2021Quit Claim Deed, Transfer
Quitclaim

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleOct 23, 2023
Deed SaleOct 23, 2023
Prior SaleOct 3, 2014 · Amount on File
Deed Document Number202315015
Prior Transfer DateApr 28, 1994
Prior Transfer Doc0000000997
Record UpdatedOct 29, 2026

October 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCOOK IL
Recording DateOct 23, 2023
Property Address7234 PARK AVE, SUMMIT, IL 60501-1145
Document Number0029615015
Instrument DateOct 16, 2023
Instrument2329615015
Transaction TypeTransfer
Record UpdatedNov 1, 2023
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$370.00
Amount AccuracyRounded by County
Additional
  • Notice of Foreclosure Sale
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants
Address1837 SCOVILLE AVE, BERWYN, IL 60402-1909
InvestorPossibly a Property Investor

Mortgage

Document Number0029615016
DateOct 23, 2023
Instrument2329615016
Lender
NamePANORAMA MORTGAGE GROUP LLC
TypeMortgage Company
Agreement
TypeFHA Mortgage
AmountAmount on Record
Term361 Months
DueNov 1, 2053
Interest
Rate TypeFixed Rate
Rate7.25%

February 2021: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionCOOK IL
Recording DateFeb 17, 2021
Property Address7234 PARK AVE, SUMMIT, IL 60501-1145
Document Number0004804071
Instrument DateSep 30, 2020
Instrument2104804071
Transaction TypeTransfer
Record UpdatedApr 22, 2022

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name
Address1605 OAK PARK AVE, 1605, BERWYN, IL 60402-1740

Transferred To (Grantee/Buyer)

NameVerified Name
Address404 SAINT MARKS CT, OAK BROOK, IL 60523-2555

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$32,000 Land $3,629 Building $28,371$320,000 Land $36,290 Building $283,710
2023$11,212.00 (+29.81%)
2022$8,637.00 (+23.26%)$20,019 (-) Land $3,128 Building $16,891$200,190 (-) Land $31,280 Building $168,910
2021$7,007.00 Homeowner's exemption$20,019 Land $3,128 Building $16,891$200,190 Land $31,280 Building $168,910

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 7234 Park Ave in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 1982.

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

Wildfire risk around 7234 Park Ave is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire RiskLow
lower than 99.1% of the US · lower than 94% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond 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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