Cook County property record for 7241 S Phillips Ave, Chicago, IL 60649 · Last verified June 2026
| Property Type | Apartments (5+ Units) |
|---|---|
| Details | 56 bd · 20,451 sqft · built 1922 |
| Lot Size | 0.282 acres (12,298 sqft) |
| Owner | Company Name on File |
| Last Sale | $2,072,000 (Dec 2022) |
| Tax Bill | $26,202 (2023) |
| Deeds & Mortgages | Jan 2023 Mortgage Dec 2022 Sale |
| Flood Zone | Zone X (minimal risk) |
| APN | 21-30-105-004 |
| Primary APN | 21-30-105-004 |
|---|---|
| Alternative APN |
|
| Bedrooms | 56 Beds |
|---|---|
| Units | 57 Units |
| Stories | 3 Stories |
| Building Area | 20,451 sqft Living Area |
| Year Built | Built 1922 |
|---|---|
| Effective Year Built | Effective 1922 |
| Architectural Style | Multi-Family |
| Lot Area | 12,298 sqft (0.282 acres) |
| Street Address | 7241 S PHILLIPS AVE |
|---|---|
| City | CHICAGO |
| State | IL |
| Zip | 60649-2596 |
| Property Category | Residential |
| Property Type | Residential > Multi-Unit > Apartments (5+ Units) |
| Legal Description | (BLOOMFIELDS) SUB OF LTS 11 12 & 14 IN DIV 4 OF SO SH ORES SUB OF NH FRACL OF FRACL TOGETHER WITH RESUB OF LTS 1 2 4 64 66 12 |
| Legal Range | 15E |
| Legal Township | 38N |
| Legal Section | 30 |
| Legal Subdivision | BLOOMFIELDS SUB |
| Legal Lot Number | 11 |
| Jurisdiction | COOK IL |
| Township / Civil Division | CHICAGO |
| Census Block Group | 2 |
| Census Block | 2008 |
| Census Tract | 430700 |
Source: Cook County records · APN 21-30-105-004
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 Record | Company Name on File |
|---|---|
| Mailing Address | 777 CHESTNUT RIDGE RD, 301, SPRING VALLEY, NY 10977-6221 |
| Owner Type | Company |
| Vesting | Limited Liability Partnership |
| Date | Document |
|---|---|
| Jan 12, 2023 | Deed of Trust, Mortgage · Commercial Mortgage ARBOR COMMERCIAL FUNDING LLC |
| Dec 22, 2022 | Special Warranty Deed, Transfer ACCOMODATION, ACCOMMODATION |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Dec 22, 2022 · Amount on Record |
| Deed Sale | Dec 22, 2022 · Amount on Record |
| Prior Sale | Mar 17, 2008 · Amount on Record |
| Deed Document Number | 20228160 |
| Record Updated | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | COOK IL |
| Property Address | 7241 S PHILLIPS AVE, CHICAGO, IL 60649-2596 |
| Transaction Type | Mortgage |
| Record Updated | Apr 02, 2026 |
| Name | Verified Name |
|---|---|
| Investor | Possibly a Property Investor |
| Document Number | 0001234041 |
|---|---|
| Date | Jan 12, 2023 |
| Instrument | 2301234041 |
| Name | ARBOR COMMERCIAL FUNDING LLC |
|---|---|
| Type | Lending Institution |
| Address | DEPEW, NY 14043 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 120 Months |
| Due | Jan 01, 2033 |
| Document Type | Special Warranty Deed |
|---|---|
| Jurisdiction | COOK IL |
| Recording Date | Dec 22, 2022 |
| Property Address | 7241 S PHILLIPS AVE, CHICAGO, IL 60649-2596 |
| Document Number | 0035608160 |
| Instrument Date | Dec 08, 2022 |
| Instrument | 2235608160 |
| Transaction Type | Transfer |
| Record Updated | Jan 03, 2023 |
| Title Company | ACCOMODATION, ACCOMMODATION |
| Amount | Amount Recorded |
|---|---|
| Tax | $2,072.00 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 549 W RANDOLPH ST, CHICAGO, IL 60661-2208 |
| Name | Verified Name |
|---|---|
| Address | 777 CHESTNUT RIDGE RD STE 301, 301, CHESTNUT RIDGE, NY 10977-6221 |
| Investor | Possibly a Property Investor |
Source: Cook County records · Assessment roll updated May 27, 2026 · Last verified June 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Cook County |
| Municipality | Chicago City |
| Unified School District | Chicago Public School District 299 (PK - 12) |
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 | $157,123 (+26.97%) Land $15,373 Building $141,750 | $1,571,230 (+26.97%) Land $153,730 Building $1,417,500 | |
| 2023 | $26,202.00 (+2.95%) | ||
| 2022 | $25,452.00 | $123,745 Land $11,068 Building $112,677 | $1,237,450 Land $110,680 Building $1,126,770 |
Source: FEMA National Flood Hazard Layer, Cook County (17031C), updated February 11, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026
| FEMA Flood Zone | Zone X |
|---|---|
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Special Flood Hazard Area | No |
| Wildfire Risk | Not rated no burnable land in reach |
|---|---|
| Wildfire Likelihood | Negligible |
| Exposure | None beyond ember reach |
Values are read at the parcel center point; lenders make the official flood determination.
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