7516 W 62nd Pl, Summit, IL 60501 Property Records

Cook County property record for 7516 W 62nd Pl, Summit, IL 60501

Property Summary

Property Type	Apartments (5+ Units)
Details	6 bd · 3 ba · 3,481 sqft · built 1914
Lot Size	0.172 acres (7,500 sqft)
Owner	Individual Name on Record
Last Sale	$52,000 (Jun 2014)
Tax Bill	$8,648 (2023)
Deeds & Mortgages	Jul 2022 Line of Credit Apr 2022 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`18-13-423-027`

Property Details

APN / Parcel Number

Primary APN	`18-13-423-027`
Alternative APN	`18-13-423-027-0000`

Interior

Bedrooms	6 Beds
Full Baths	3 Baths
Total Rooms	12 Rooms
Units	3 Units
Stories	1 Story
Building Area	3,481 sqft Living Area

Exterior

Year Built	Built 1914
Effective Year Built	Effective 1914
Architectural Style	Multi-Family
Exterior Material	Brick/Stone
Construction Type	Frame
Roof Material	Asphalt
Lot Area	7,500 sqft (0.172 acres)
Garage Type	Detached
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC

Location & Zoning

Street Address	7516 W 62ND PL
City	SUMMIT ARGO
State	IL
Zip	60501-1706
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	(ARGOS)(FOURTH) ADD TO (SUMMIT) SUB OF BLKS 3-4 & 6 SEC 13-38-12
Legal Range	12E
Legal Township	38N
Legal Section	13
Legal Subdivision	ARGOS FOURTH ADD TO SUMMIT
Legal Block	3,4
Legal Lot Number	39,38
Jurisdiction	COOK IL
Township / Civil Division	LYONS
Census Block Group	3
Census Block	3027
Census Tract	820400

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 Record	Individual Name on Record
Mailing Address	7516W W 62ND PL, SUMMIT ARGO, IL 60501-1760
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jul 8, 2022	Deed of Trust, Mortgage · Line of Credit COASTAL COMMUNITY BANK
Apr 12, 2022	Deed of Trust, Mortgage · FHA Mortgage NEIGHBORHOOD LOANS
Jan 8, 2021	Quit Claim Deed, Transfer FEDERAL SVGS BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 3, 2014 · Amount on Record
Deed Sale	Jun 3, 2014 · Amount on Record
Prior Sale	May 9, 2001 · Amount on Record
Deed Document Number	201447061
Last Transfer Date	Oct 13, 2020
Transfer Doc	0000040183
Record Updated	Oct 29, 2026

July 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	7516 W 62ND PL, SUMMIT, IL 60501-1706
Transaction Type	Mortgage
Record Updated	Jul 20, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7516 W 62ND PL, ARGO, IL 60501-1706

Mortgage

Document Number	0018901074
Date	Jul 8, 2022
Instrument	2218901074

Lender

Name	COASTAL COMMUNITY BANK
Type	Bank
Address	BURLINGAME, CA 94010

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

April 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	7516 W 62ND PL, SUMMIT, IL 60501-1706
Transaction Type	Mortgage
Record Updated	Apr 22, 2022
Title Company	E-PLACER TITLE, PLACER TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0010228372
Date	Apr 12, 2022
Instrument	2210228372

Lender

Name	NEIGHBORHOOD LOANS
Type	Mortgage Company
Address	DOWNERS GROVE, IL 60515

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	361 Months
Due	May 1, 2052

Interest

Rate Type	Fixed Rate
Rate	4.25%

January 2021: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	COOK IL
Recording Date	Jan 8, 2021
Property Address	7516 W 62ND PL, SUMMIT, IL 60501-1706
Document Number	2100840183
Instrument Date	Oct 13, 2020
Instrument	840183
Transaction Type	Transfer
Record Updated	Jan 18, 2021
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Quitclaim

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7516 W 62ND PL SUMMIT IL 605011706, SUMMIT, IL 60501-1706

Mortgage

Document Number	2100840184
Date	Jan 8, 2021
Instrument	840184

Lender

Name	FEDERAL SVGS BK
Type	Federal Savings Bank
Address	CHICAGO, IL 60607

Agreement

Amount	Amount Recorded
Term	420 Months
Due	Jan 7, 2056

Interest

Rate Type	Fixed Rate
Rate	3.5%

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
County Subdivision	Lyons Township
Municipality	Summit Village
Secondary School District	Argo Community High School District 217 (09 - 12)
Elementary School District	Summit School District 104 (PK - 08)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$28,001 (+42.08%) Land $5,438 Building $22,563	$280,010 (+42.08%) Land $54,380 Building $225,630
2023	$8,648.00 (+23.07%)
2022	$7,027.00 Homeowner's exemption	$19,708 Land $4,687 Building $15,021	$197,080 Land $46,870 Building $150,210

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 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

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	SUMMIT serves 11,161 people · EPA ID IL0310060
Water Source	Purchased surface water from CHICAGO
Last State Inspection	Mar 2026
Lead	7 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	4 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 856 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: AT&T.

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