7240 W Devon Ave, Chicago, IL 60631 Property Records

Cook County property record for 7240 W Devon Ave, Chicago, IL 60631

Property Summary

Property TypeCommercial
Details20 bd · 16,965 sqft · built 2008
Lot Size0.374 acres (16,310 sqft)
OwnerCompany Name on File
Last Sale$3,841,500 (Jul 2025)
Tax Bill$44,041 (2023)
Deeds & MortgagesOct 2021 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN09-36-425-049

Property Details

APN / Parcel Number

Primary APN09-36-425-049
Alternative APN
  • 09-36-425-049-0000

Interior

Bedrooms20 Beds
Units20 Units
Stories1 Story
Building Area16,965 sqft Gross Area

Exterior

Year BuiltBuilt 2008
Effective Year BuiltEffective 2008
Lot Area16,310 sqft (0.374 acres)

Location & Zoning

Street Address7240 W DEVON AVE
CityCHICAGO
StateIL
Zip60631-1634
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeB3-1.5
Legal DescriptionDR FRANK S (ABYS) SUB OF LT 8 EX NWLY300FT, IN SUB OF THAT PT EH SE SEC LYING NORTH OF RAILROAD SEC 36-41-12
Legal Range12E
Legal Township41N
Legal Section36
Legal SubdivisionABYS SUB
Legal Lot Number8
JurisdictionCOOK IL
Township / Civil DivisionCHICAGO
Census Block Group3
Census Block3025
Census Tract90200

Owner

Source: Cook County assessment roll, 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 File
Mailing Address7208 W PRATT AVE, CHICAGO, IL 60631-1159
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJul 15, 2025 · Amount on Record
Deed SaleJul 15, 2025 · Amount on Record
Prior SaleOct 1, 2021 · Amount on Record
Deed Document Number20252166
Prior Transfer DateJul 6, 2021
Prior Transfer Doc0000033085
Record UpdatedSep 20, 2026

October 2021: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCOOK IL
Recording DateOct 1, 2021
Property Address7240 W DEVON AVE, CHICAGO, IL 60631-1634
Document Number0027433085
Instrument DateJul 6, 2021
Instrument2127433085
Transaction TypeTransfer
Record UpdatedOct 13, 2021
Title CompanyGREATER ILLINOIS TITLE COMPANY, GREATER ILLINOIS TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$4,000.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0027433086
DateOct 1, 2021
Instrument2127433086
Lender
NameLAKE FOREST BANK & TRUST CO NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

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$168,300 (-19.37%) Land $48,930 Building $119,370$1,683,000 (-19.37%) Land $489,300 Building $1,193,700
2023$44,041.00 (+2.58%)
2022$42,932.00$208,734 Land $29,358 Building $179,376$2,087,340 Land $293,580 Building $1,793,760

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 Claims2 (2011–2020)
Claims Outside the SFHA2 of 2
Most Recent ClaimMay 2020 · rainfall accumulation

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

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 911 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 / 2,000
Verizon
Fixed Wireless
1,000 / 75
T-Mobile USA
Fixed Wireless
100 / 20

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