7415 S Phillips Ave, Chicago, IL 60649 Property Records

Cook County property record for 7415 S Phillips Ave, Chicago, IL 60649

Property Summary

Property Type	Apartments (5+ Units)
Details	22 bd · 13,833 sqft · built 1922
Lot Size	0.151 acres (6,560 sqft)
Owner	Company Name on File
Last Sale	$9,568,000 (Dec 2022)
Tax Bill	$18,178 (2024)
Deeds & Mortgages	Feb 2021 Mortgage Jan 2023 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`21-30-116-015`

Property Details

APN / Parcel Number

Primary APN	`21-30-116-015`
Alternative APN	`21-30-116-015-0000`

Interior

Bedrooms	22 Beds
Units	36 Units
Stories	3 Stories
Building Area	13,833 sqft Living Area

Exterior

Year Built	Built 1922
Effective Year Built	Effective 1922
Architectural Style	Multi-Family
Lot Area	6,560 sqft (0.151 acres)

Location & Zoning

Street Address	7415 S PHILLIPS AVE
City	CHICAGO
State	IL
Zip	60649
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	RT-4
Legal Description	(HIGH)(RIDGE) SUB OF LTS 41-52 IN 4TH DIV OF SO SHORE SUB OF NH FRACL OF FRACL TOGETHER WITH RESUB OF LTS 1 2 4 64 66 126-128
Legal Range	15E
Legal Township	38N
Legal Section	30
Legal Subdivision	HIGH RIDGE
Legal Lot Number	1,2,4
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	1
Census Block	1005
Census Tract	431302

Owner

7415 S Phillips Ave, a residential property, is owned by a company that bought it in December 2022.

Source: Cook County records, as of August 25, 2026

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

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

Deeds, Mortgages & Sale History

Date	Document
Feb 25, 2021	Deed of Trust, Mortgage · Commercial Mortgage MERCHANTS CAPITAL CORP
Jan 12, 2023	Deed of Trust, Mortgage · Commercial Mortgage ARBOR COMMERCIAL FUNDING LLC
Dec 21, 2022	Special Warranty Deed, Transfer ATTORNEY ONLY, ATTORNEY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 21, 2022 · Amount on File
Deed Sale	Dec 21, 2022 · Amount on File
Prior Sale	Jan 25, 2010 · Amount on File
Deed Document Number	202234040
Prior Transfer Date	Dec 30, 1993
Prior Transfer Doc	0000000648
Record Updated	Oct 29, 2026

February 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	7415 S PHILLIPS AVE, CHICAGO, IL 60649
Transaction Type	Mortgage
Record Updated	May 8, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	549 W RANDOLPH ST, CHICAGO, IL 60661-2208

Mortgage

Document Number	0005622031
Date	Feb 25, 2021
Instrument	2105622031

Lender

Name	MERCHANTS CAPITAL CORP
Type	Non-Lending Institution
Address	CARMEL, IN 46032

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	421 Months
Due	Mar 1, 2056

January 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	7415 S PHILLIPS AVE, CHICAGO, IL 60649
Transaction Type	Mortgage
Record Updated	May 8, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	0001234042
Date	Jan 12, 2023
Instrument	2301234042

Lender

Name	ARBOR COMMERCIAL FUNDING LLC
Type	Lending Institution
Address	DEPEW, NY 14043

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	120 Months
Due	Jan 1, 2033

December 2022: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	COOK IL
Recording Date	Dec 21, 2022
Property Address	7415 S PHILLIPS AVE, CHICAGO, IL 60649
Document Number	0035534040
Instrument Date	Dec 8, 2022
Instrument	2235534040
Transaction Type	Transfer
Record Updated	May 8, 2026
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount on Record
Tax	$9,568.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	549 W RANDOLPH ST, CHICAGO, IL 60661-2208

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	777 CHESTNUT RIDGE RD STE 301, 301, SPRING VALLEY, NY 10977-6221
Investor	Possibly a Property Investor

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
Municipality	Chicago City
Unified School District	Chicago Public School District 299 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$90,200 Land $8,200 Building $82,000	$902,000 Land $82,000 Building $820,000
2024	$18,178.00 (+30.78%)
2023	$13,900.00 (+2.96%)
2022	$13,501.00	$65,644 Land $5,904 Building $59,740	$656,440 Land $59,040 Building $597,400

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 7415 S Phillips Ave in Zone X, an area of minimal flood risk.

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

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

Wildfire

The area around 7415 S Phillips Ave has no burnable land within ember reach, so its wildfire risk is not rated.

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	CHICAGO serves 2,721,308 people · EPA ID IL0316000
Water Source	Surface water
Last State Inspection	Mar 2026
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	8 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 731 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Starlink Satellite	280 / 30

May also be available: AT&T, T-Mobile, Verizon.

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