7447 W 55th Pl, Summit, IL 60501 Property Records

Cook County property record for 7447 W 55th Pl, Summit, IL 60501

Property Summary

Property TypeApartments (5+ Units)
Details6 bd · 3 ba · 2,968 sqft · built 1992
Lot Size0.093 acres (4,067 sqft)
OwnerIndividual Name on Record
Last Sale$394,000 (Oct 2007)
Tax Bill$5,075 (2023)
Deeds & MortgagesDec 2016 Mortgage
Flood ZoneZone X (minimal risk)
APN18-13-202-009

Property Details

APN / Parcel Number

Primary APN18-13-202-009
Alternative APN
  • 18-13-202-009-0000

Interior

Bedrooms6 Beds
Full Baths3 Baths
Half Baths2 Half Baths
Total Rooms12 Rooms
Units2 Units
Stories2 Stories
Building Area2,968 sqft Living Area

Exterior

Year BuiltBuilt 1992
Effective Year BuiltEffective 1992
Architectural StyleMulti-Family
Exterior MaterialBrick/Stone
Construction TypeMasonry / Concrete Block
Roof MaterialAsphalt
Lot Area4,067 sqft (0.093 acres)
Garage TypeDetached
Parking Spaces2 Parking Spaces

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemHVAC

Location & Zoning

Street Address7447 W 55TH PL
CitySUMMIT ARGO
StateIL
Zip60501-2213
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
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 Number42
JurisdictionCOOK IL
Township / Civil DivisionLYONS
Census Block Group2
Census Block2021
Census Tract820300

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 RecordIndividual Name on Record
Mailing Address7447 W 55TH PL, SUMMIT ARGO, IL 60501-2213
OccupancyOwner Occupied
Owner TypeIndividual
VestingJoint Tenants

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleOct 2, 2007 · Amount on Record
Deed SaleOct 2, 2007 · Amount on Record
Prior SaleNov 17, 2004 · Amount on Record
Deed Document Number20078091
Record UpdatedSep 20, 2026

December 2016: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address7447 W 55TH PL, SUMMIT, IL 60501-2213
Document Number1700419115
Instrument DateDec 23, 2016
Transaction TypeMortgage
Record UpdatedAug 15, 2018
Title CompanyOTHER

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address7447 W 55TH PL SUMMIT IL 605011207, SUMMIT, IL 60501-1207

Mortgage

Document Number1700419115
DateJan 4, 2017
Instrument419115
Lender
NameBANK OF AMERICA
TypeBank
AddressCHARLOTTE, NC 28255
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term180 Months
DueJan 3, 2032
Interest
Rate3.25%

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$28,861 (+36.78%) Land $2,949 Building $25,912$288,610 (+36.78%) Land $29,490 Building $259,120
2023$5,075.00 (-33.47%)
2022$7,628.00 Homeowner's exemption$21,101 Land $2,541 Building $18,560$211,010 Land $25,410 Building $185,600

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

Nearby Properties on W 55th Pl

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