7540 W 59th St, Summit, IL 60501 Property Records

Cook County property record for 7540 W 59th St, Summit, IL 60501

Property Summary

Property Type	Single Family Home
Details	3 bd · 1 ba · 1,640 sqft · built 1925
Lot Size	0.112 acres (4,883 sqft)
Owner	2 Individual Names on File
Last Sale	$355,000 (Feb 2026)
Tax Bill	$7,247 (2023)
Deeds & Mortgages	Feb 2022 Mortgage Feb 2026 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`18-13-227-020`

Property Details

APN / Parcel Number

Primary APN	`18-13-227-020`
Alternative APN	`18-13-227-020-0000`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Total Rooms	7 Rooms
Stories	1 Story
Building Area	1,640 sqft Living Area

Exterior

Year Built	Built 1925
Effective Year Built	Effective 1925
Exterior Material	Stucco
Roof Material	Asphalt
Lot Area	4,883 sqft (0.112 acres)
Garage Type	Detached
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC

Location & Zoning

Street Address	7540 W 59TH ST
City	SUMMIT ARGO
State	IL
Zip	60501-1416
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	SOUTH2 NW4 SEC13
Legal Range	12E
Legal Township	38N
Legal Section	13
Legal Subdivision	FISCHER & MILLERS ARGO
Legal Block	7
Legal Lot Number	24
Jurisdiction	COOK IL
Township / Civil Division	LYONS
Census Block Group	4
Census Block	4026
Census Tract	820300

Owner

7540 W 59th St is owned by two individuals who bought it in February 2026.

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

Owner of Record	2 Individual Names on File
Mailing Address	1419 EAST AVE, BERWYN, IL 60402-1211
Owner Type	Individual
Vesting	Tenants 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

Date	Document
Feb 23, 2022	Deed of Trust, Mortgage · Conventional Mortgage WELLS FARGO BANK NA
Feb 3, 2026	Warranty Deed, Transfer · FHA Mortgage COMPASS MORTGAGE INC
Aug 11, 2020	Deed of Trust, Mortgage · FHA Mortgage HUD-HOUSING/URBAN DEV

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Feb 3, 2026 · Amount on File
Deed Sale	Feb 3, 2026 · Amount on File
Prior Sale	Jun 3, 2015 · Amount on File
Deed Document Number	20269010
Record Updated	Oct 29, 2026

February 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	7540 W 59TH ST, SUMMIT, IL 60501-1416
Transaction Type	Mortgage
Record Updated	Feb 17, 2026
Title Company	WFG LENDER SERVICES

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	0005447290
Date	Feb 23, 2022
Instrument	2205447290

Lender

Name	WELLS FARGO BANK NA
Type	Bank
Address	SIOUX FALLS, SD 57104

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	181 Months
Due	Mar 1, 2037

February 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Feb 3, 2026
Property Address	7540 W 59TH ST, SUMMIT, IL 60501-1416
Document Number	0003409010
Instrument Date	Dec 29, 2025
Instrument	2603409010
Transaction Type	Transfer
Record Updated	Feb 17, 2026
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$355.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	7540 W 59TH ST, SUMMIT, IL 60501-1416

Mortgage

Document Number	0003409011
Date	Feb 3, 2026
Instrument	2603409011

Lender

Name	COMPASS MORTGAGE INC
Type	Mortgage Company

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	360 Months
Due	Feb 1, 2056

Interest

Rate Type	Fixed Rate
Rate	5.75%

August 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	7540 W 59TH ST, SUMMIT, IL 60501-1416
Document Number	2028820268
Instrument Date	Aug 11, 2020
Transaction Type	Mortgage
Record Updated	Oct 30, 2020
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7540 W 59TH ST SUMMIT ARGO IL 605011416, SUMMIT ARGO, IL 60501-1416

Mortgage

Document Number	2028820268
Date	Oct 14, 2020
Instrument	28820268

Lender

Name	HUD-HOUSING/URBAN DEV
Address	451 7TH ST SW, WASHINGTON, DC 20410-0001

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	300 Months
Due	Oct 13, 2045

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		$24,000 Land $3,540 Building $20,460	$240,000 Land $35,400 Building $204,600
2023	$7,247.00 (+42.18%) Homeowner's exemption	$23,999 (+57.53%) Land $3,540 Building $20,459	$239,990 (+57.53%) Land $35,400 Building $204,590
2022	$5,097.00 Homeowner's exemption	$15,235 Land $3,051 Building $12,184	$152,350 Land $30,510 Building $121,840

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 7540 W 59th St 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 7540 W 59th 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 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 183 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
Starlink Satellite	280 / 30
T-Mobile Fixed Wireless	100 / 20

May also be available: AT&T.

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