7326 40th St, Unit 1B, Lyons, IL 60534 Property Records

Cook County property record for 7326 40th St, Unit 1B, Lyons, IL 60534

Property Summary

Property Type	Condominium
Details	2 bd · 2 ba · 1,000 sqft · built 2007
Lot Size	1.43 acres (62,562 sqft)
Owner	Individual Name on Record
Tax Bill	$4,779 (2023)
Deeds & Mortgages	Feb 2019 Sale & Mortgage Oct 2017 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`18-01-203-047-1037`

Property Details

APN / Parcel Number

Primary APN	`18-01-203-047-1037`

Interior

Bedrooms	2 Beds
Full Baths	2 Baths
Units	14 Units
Building Area	1,000 sqft Living Area

Exterior

Year Built	Built 2007
Effective Year Built	Effective 2007
Architectural Style	Condo/Apartment
Lot Area	62,562 sqft

Location & Zoning

Street Address	7326 40TH ST, 1B
City	LYONS
State	IL
Zip	60534-2138
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Legal Subdivision	FOREST CONDO
Legal Lot Number	28-30
Jurisdiction	COOK IL
Township / Civil Division	LYONS
Census Block Group	1
Census Block	1005
Census Tract	819100

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 Record	Individual Name on Record
Mailing Address	7326 40TH ST, 1B, LYONS, IL 60534-2138
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Feb 25, 2019	Warranty Deed, Transfer · Conventional with PMI WINTRUST MTG
Oct 30, 2017	Grant Deed, Construction Loan · Line of Credit HEARTLAND BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 13, 2013
Deed Sale	Sep 13, 2013
Prior Sale	Aug 16, 2004 · Amount on Record
Deed Document Number	201319082
Record Updated	Sep 20, 2026

February 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Feb 25, 2019
Property Address	7326 40TH ST UNIT 1B, 1B, LYONS, IL 60534-2138
Document Number	1905618135
Instrument Date	Feb 22, 2019
Instrument	5618135
Transaction Type	Transfer
Record Updated	Mar 5, 2019
Title Company	NEAR NORTH NATIONAL TITLE, NEAR NORTH NAT'L TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$120.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7326 40TH ST #1B LYONS IL 605342138, 1B, LYONS, IL 60534-2138

Mortgage

Document Number	1905618136
Date	Feb 25, 2019
Instrument	5618136

Lender

Name	WINTRUST MTG
Type	Mortgage Company
Address	ROSEMONT, IL 60018

Agreement

Type	Conventional with PMI
Amount	Amount Recorded
Term	360 Months
Due	Feb 24, 2049

Interest

Rate Type	Fixed Rate
Rate	5.87%

October 2017: Grant Deed, Construction Loan

Document Type	Grant Deed
Jurisdiction	COOK IL
Recording Date	Oct 30, 2017
Property Address	7326 40TH ST UNIT 1B, 1B, LYONS, IL 60534-2138
Document Number	1730304066
Instrument Date	Oct 10, 2017
Instrument	30304066
Transaction Type	Construction Loan
Record Updated	Aug 27, 2018
Title Company	CHICAGO TITLE COMPANY

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7326 40TH ST #1B LYONS IL 605342138, 1B, LYONS, IL 60534-2138

Mortgage

Document Number	1730304066
Date	Oct 30, 2017
Instrument	30304066

Lender

Name	HEARTLAND BK
Type	Bank
Address	4456 WOLF RD, WESTERN SPRINGS, IL 60558-1517

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	12 Months
Due	Oct 29, 2018

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
County Subdivision	Lyons Township
Municipality	Lyons Village
Elementary School District	Lyons School District 103 (PK - 08)
Secondary School District	J. Sterling Morton High School District 201 (09 - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$15,801 (+73.07%) Land $514 Building $15,287	$158,010 (+73.07%) Land $5,140 Building $152,870
2023	$4,779.00 (+44.12%)
2022	$3,316.00	$9,130 Land $447 Building $8,683	$91,300 Land $4,470 Building $86,830

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective February 11, 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it

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

Wildfire

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

Wildfire Risk	Not 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 System	LYONS serves 10,304 people · EPA ID IL0311710
Water Source	Purchased surface water from MC COOK
Last State Inspection	Dec 2024
Lead	6 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 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 455 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · Fixed Wireless, DSL in parts of the area	5,000 / 5,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20

May also be available: T-Mobile.

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