7420 W 56th St, Summit Argo, IL 60501 Property Records

Cook County property record for 7420 W 56th St, Summit Argo, IL 60501

Property Summary

Property TypeSingle Family Home
Details3 bd · 1.5 ba · 1,468 sqft · built 1908
Lot Size0.072 acres (3,125 sqft)
OwnerIndividual Name on File
Last Sale$165,000 (Mar 2017)
Tax Bill$6,897 (2023)
Deeds & MortgagesMay 2020 Mortgage
Mar 2017 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN18-13-202-044

Property Details

APN / Parcel Number

Primary APN18-13-202-044
Alternative APN
  • 18-13-202-044-0000

Interior

Bedrooms3 Beds
Full Baths1.5 Baths
Half Baths1 Half Bath
Total Rooms6 Rooms
Stories1 Story
Building Area1,468 sqft Living Area

Exterior

Year BuiltBuilt 1908
Effective Year BuiltEffective 1908
Architectural StyleBungalow
Exterior MaterialWood
Construction TypeFrame
Roof MaterialAsphalt
Lot Area3,125 sqft (0.072 acres)
Garage TypeDetached
Parking Spaces1 Parking Space

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemHVAC
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address7420 W 56TH ST
CitySUMMIT ARGO
StateIL
Zip60501-1334
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal Description(FOURTH) ADD TO (SUMMIT) SUB OF PTS OF BLK 3-4&6 SEC 13-38-12
Legal Range12E
Legal Township38N
Legal Section13
Legal SubdivisionFOURTH ADD TO SUMMIT
Legal Block3,4
Legal Lot Number16
JurisdictionCOOK IL
Township / Civil DivisionLYONS
Census Block Group2
Census Block2028
Census Tract820300

Owner

7420 W 56th St is owned by an individual who bought it in March 2017.

Source: Cook County records, as of May 27, 2026

Owner of RecordIndividual Name on File
Mailing Address3746 N SPAULDING AVE, CHICAGO, IL 60618-4412
Owner TypeIndividual
VestingTenants by the Entirety

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

DateDocument
May 7, 2020Deed of Trust, Mortgage
GUARANTEED RATE
Mar 31, 2017Grant Deed, Transfer · FHA Mortgage
COMPASS MTG

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 31, 2017 · Amount on File
Deed SaleMar 31, 2017 · Amount on File
Prior SaleMar 20, 2014 · Amount on File
Deed Document Number201746002
Record UpdatedOct 29, 2026

May 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address7420 W 56TH ST, SUMMIT ARGO, IL 60501-1334
Document Number2016341009
Instrument DateMay 7, 2020
Transaction TypeMortgage
Record UpdatedJun 24, 2020
Title CompanyRAVENSWOOD TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants by the Entirety
Address7420 W 56TH ST SUMMIT IL 605011334, SUMMIT, IL 60501-1334

Mortgage

Document Number2016341009
DateJun 11, 2020
Instrument16341009
Lender
NameGUARANTEED RATE
AddressCHICAGO, IL 60613
Agreement
AmountAmount on Record
Term240 Months
DueJun 10, 2040
Interest
Rate TypeFixed Rate

March 2017: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionCOOK IL
Recording DateMar 31, 2017
Property Address7420 W 56TH ST, SUMMIT ARGO, IL 60501-1334
Document Number1709046002
Instrument DateMar 29, 2017
Instrument9046002
Transaction TypeTransfer
Record UpdatedApr 11, 2017
Title CompanySTEWART TITLE

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$165.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants by the Entirety
Address3746 N SPAULDING AVE CHICAGO IL 606184412, CHICAGO, IL 60618-4412

Mortgage

Document Number1709046003
DateMar 31, 2017
Instrument9046003
Lender
NameCOMPASS MTG
TypeMortgage Company
AddressWARRENVILLE, IL 60555
Agreement
TypeFHA Mortgage
AmountAmount on Record
Term360 Months
DueMar 30, 2047
Interest
Rate TypeFixed Rate
Rate3.87%

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$23,000 Land $2,266 Building $20,734$230,000 Land $22,660 Building $207,340
2023$6,897.00 (+48.26%)
2022$4,652.00 Homeowner's exemption$14,203 Land $1,953 Building $12,250$142,030 Land $19,530 Building $122,500

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

FEMA maps place 7420 W 56th St in Zone X, an area of minimal flood risk.

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

The area around 7420 W 56th St 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 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

Nearby Properties on W 56th St

Nearby Streets

Search Property Records by Address or Parcel Number