7440 S Phillips Ave, Chicago, IL 60649 Property Records

Cook County property record for 7440 S Phillips Ave, Chicago, IL 60649 · Last verified June 2026

Property Highlights

Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Bedrooms41 Beds
Architecture StyleMultifamily
Year BuiltBuilt 1927
Square Footage20,214 sqft Living Area
Lot Size13,090 sqft (0.301 acres)
Last Sale$9,568,000 (2022)
Tax Bill$18,929.00 (2023)

Property Details

APN / Parcel Number

Primary APN21-30-115-029
Alternative APN
  • 21-30-115-029-0000

Interior

Bedrooms41 Beds
Units42 Units
Building Area20,214 sqft Living Area
Stories3 Stories

Exterior

Year BuiltBuilt 1927
Effective Year BuiltEffective 1927
Architectural StyleMultifamily Style
Lot Area13,090 sqft (0.301 acres)

Location & Zoning

Street Address7440 S PHILLIPS AVE
CityCHICAGO
StateIL
Zip60649-3796
Property UsageResidential Property Usage
TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal Description(SOUTH)(SHORE) SUB OF N FRACL HALF OF FRACL OF TOGETH ER WITH A RESUB OF LTS 1 2 4 64 66 126-127 DIV 1 OF WESTFALLS SUB OF 20
Legal Range15E
Legal Township38N
Legal Section30
Legal SubdivisionSOUTH SHORE
Legal Block4
Legal Lot Number1
JurisdictionCOOK IL
Minor Civil DivisionCHICAGO
Census Blockgroup1
Census Block1004
Census Tract431302

Owner

Source: Cook County records · APN 21-30-115-029

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 RecordCompany Name on File
Mailing Address777 CHESTNUT RIDGE RD, 301, SPRING VALLEY, NY 10977-6221
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

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

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleDec 21, 2022 · Amount on Record
Deed SaleDec 21, 2022 · Amount on Record
Prior SaleDec 02, 2011
Deed Doc Number202234040
Record RefreshedSep 20, 2026

January 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address7440 S PHILLIPS AVE, CHICAGO, IL 60649-3796
Transaction TypeMortgage
Record UpdatedJan 25, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0001234042
DateJan 12, 2023
Instrument2301234042
Lender
NameARBOR COMMERCIAL FUNDING LLC
TypeLending Institution
AddressDEPEW, NY 14043
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term120 Months
DueJan 01, 2033

December 2022: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCOOK IL
Recording DateDec 21, 2022
Property Address7440 S PHILLIPS AVE, CHICAGO, IL 60649-3796
Document Number0035534040
Instrument DateDec 08, 2022
Instrument2235534040
Transaction TypeTransfer
Record UpdatedJan 03, 2023
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount Recorded
Tax$9,568.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name
Address549 W RANDOLPH ST, CHICAGO, IL 60661-2208

Transferred To (Grantee/Buyer)

NameVerified Name
Address777 CHESTNUT RIDGE RD STE 301, 301, SPRING VALLEY, NY 10977-6221
InvestorPossibly a Property Investor

February 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address7440 S PHILLIPS AVE, CHICAGO, IL 60649-3796
Transaction TypeMortgage
Record UpdatedApr 22, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0005622032
DateFeb 25, 2021
Instrument2105622032
Lender
NameMERCHANTS CAPITAL CORP
TypeNon-Lending Institution
Address46020
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: Cook County records · Assessment roll updated May 27, 2026 · Last verified June 2026

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
MunicipalityChicago City
Unified School DistrictChicago Public School District 299 (PK - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2025$102,601 (+14.77%) Land $16,363 Building $86,238$1,026,010 (+14.77%) Land $163,630 Building $862,380
2023$18,929.00 (+2.95%)
2022$18,386.00$89,394 Land $11,781 Building $77,613$893,940 Land $117,810 Building $776,130

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