7341 W 55th Pl, Summit, IL 60501 Property Records

Cook County property record for 7341 W 55th Pl, Summit, IL 60501

Property Summary

Property TypeSingle Family Home
Details3 bd · 1.5 ba · 1,204 sqft · built 1976
Lot Size0.085 acres (3,690 sqft)
OwnerIndividual Name on Record
Last Sale$255,000 (Sep 2021)
Tax Bill$8,409 (2023)
Deeds & MortgagesFeb 2021 Mortgage
Sep 2021 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN18-13-204-006

Property Details

APN / Parcel Number

Primary APN18-13-204-006
Alternative APN
  • 18-13-204-006-0000

Interior

Bedrooms3 Beds
Full Baths1.5 Baths
Half Baths1 Half Bath
Total Rooms5 Rooms
Stories2 Stories
Building Area1,204 sqft Living Area

Exterior

Year BuiltBuilt 1976
Effective Year BuiltEffective 1976
Architectural StyleSplit Level
Exterior MaterialBrick/Stone
Construction TypeFrame
Roof MaterialAsphalt
Lot Area3,690 sqft (0.085 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC
Water SourceCommercial

Location & Zoning

Street Address7341 W 55TH PL
CitySUMMIT ARGO
StateIL
Zip60501-1209
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal Description(HARLEM)(HEIGHTS) SUB OF BLK 2 OF CANAL TRUSTEES SUB SEC 13-38-12
Legal Range12E
Legal Township38N
Legal Section13
Legal SubdivisionHARLEM HEIGHTS
Legal Block2
Legal Lot Number15
JurisdictionCOOK IL
Township / Civil DivisionLYONS
Census Block Group2
Census Block2023
Census Tract820300

Owner

Source: Cook County records, as of June 29, 2026

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

Owner of RecordIndividual Name on Record
Mailing Address7341 W 55TH PL, SUMMIT ARGO, IL 60501-1209
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Feb 9, 2021Deed of Trust, Mortgage · FHA Mortgage
BANK OF AMERICA NA
Sep 14, 2021Warranty Deed, Transfer · Conventional Mortgage
PLAINS COMMERCE BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 14, 2021 · Amount on Record
Deed SaleSep 14, 2021 · Amount on Record
Prior SaleOct 31, 2014 · Amount on Record
Deed Document Number202120311
Prior Transfer DateOct 9, 2014
Prior Transfer Doc0000039030
Record UpdatedSep 20, 2026

February 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address7341 W 55TH PL, SUMMIT, IL 60501-1209
Transaction TypeMortgage
Record UpdatedSep 22, 2021

Transferred To (Grantee/Buyer)

NameVerified Name
Address7341 W 55TH PL, SUMMIT, IL 60501-1209

Mortgage

Document Number0004012370
DateFeb 9, 2021
Instrument2104012370
Lender
NameBANK OF AMERICA NA
TypeBank
AddressDENVER, CO 80249
Agreement
TypeFHA Mortgage
AmountAmount Recorded
Term285 Months
DueNov 1, 2044

September 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCOOK IL
Recording DateSep 14, 2021
Property Address7341 W 55TH PL, SUMMIT, IL 60501-1209
Document Number0025720311
Instrument DateAug 13, 2021
Instrument2125720311
Transaction TypeTransfer
Record UpdatedSep 28, 2021
Title CompanyOLD REPUBLIC TITLE, OLD REPUBLIC NATIONAL TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$255.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address7341 W 55TH PL, SUMMIT, IL 60501-1209

Mortgage

Document Number0025720312
DateSep 14, 2021
Instrument2125720312
Lender
NamePLAINS COMMERCE BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueSep 1, 2051
Interest
Rate TypeFixed Rate
Rate2.37%

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$24,000 (+68.21%) Land $2,675 Building $21,325$240,000 (+68.21%) Land $26,750 Building $213,250
2023$8,409.00 (+36.62%)
2022$6,155.00 Homeowner's exemption$14,268 Land $2,306 Building $11,962$142,680 Land $23,060 Building $119,620

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

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot 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 RiskNot 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 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 640 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20
AT&T
DSL · Fixed Wireless in parts of the area
100 / 20

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