7935 55 W 59th St, Summit, IL 60501 Property Records

Cook County property record for 7935 55 W 59th St, Summit, IL 60501

Property Summary

Property Type	General Industrial
Details	built 1979
Lot Size	10.5 acres (458,251 sqft)
Owner	Company Name on File
Last Sale	$15,800,000 (Nov 2024)
Tax Bill	$238,120 (2023)
Deeds & Mortgages	Jul 2025 Construction Loan May 2019 Loan Modification + 1 more
Flood Zone	Zone X (minimal risk)
APN	`18-13-302-047`

Property Details

APN / Parcel Number

Primary APN	`18-13-302-047`
Alternative APN	`18-13-302-047-0000`

Exterior

Year Built	Built 1979
Effective Year Built	Effective 1979
Lot Area	458,251 sqft

Location & Zoning

Street Address	7935 W 59TH ST
City	SUMMIT ARGO
State	IL
Zip	60501-2521
Property Category	Industrial
Property Type	Industrial > General Industrial
Legal Range	12E
Legal Township	38N
Legal Section	13
Jurisdiction	COOK IL
Township / Civil Division	LYONS
Census Block Group	1
Census Block	1009
Census Tract	820400

Owner

7935 55 W 59th St, an industrial property, is owned by a company that bought it in November 2024.

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

Owner of Record	Company Name on File
Mailing Address	9525 BRYN MAWR AVE, 700, ROSEMONT, IL 60018-5250
Owner Type	Company
Vesting	Limited Liability Partnership

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
Jul 2, 2025	Deed of Trust, Mortgage · Construction Mortgage FIFTH THIRD BANK NA
May 15, 2019	Loan Modification, Mortgage FOREST PARK NAT'L BK
May 15, 2017	Deed of Trust, Mortgage · Line of Credit FOREST PARK NAT'L BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 26, 2024 · Amount on File
Deed Sale	Nov 26, 2024 · Amount on File
Deed Document Number	20248000
Record Updated	Sep 20, 2026

July 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	7935 W 59TH ST, SUMMIT, IL 60501-2521
Transaction Type	Mortgage
Record Updated	May 8, 2026
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0018327001
Date	Jul 2, 2025
Instrument	2518327001

Lender

Name	FIFTH THIRD BANK NA
Type	Bank
Address	CHICAGO, IL 60606

Agreement

Type	Construction Mortgage
Amount	Amount on Record
Term	36 Months
Due	Jun 30, 2028

Interest

Rate Type	Adjustable Rate
Rate	9.5%

May 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	COOK IL
Property Address	7935 55 W 59TH ST, SUMMIT, IL 60501
Document Number	1918906026
Instrument Date	May 15, 2019
Transaction Type	Mortgage
Record Updated	Jul 17, 2019
Title Company	NOT AVAILABLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	7935 W 59TH ST SUMMIT IL 605011468, SUMMIT, IL 60501-1468

Mortgage

Document Number	1918906026
Date	Jul 8, 2019
Instrument	18906026

Lender

Name	FOREST PARK NAT'L BK
Type	Bank
Address	FOREST PARK, IL 60130

Agreement

Amount	Amount on Record

May 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	7935 55 W 59TH ST, SUMMIT, IL 60501
Document Number	1714445030
Instrument Date	May 15, 2017
Transaction Type	Mortgage
Record Updated	Jun 8, 2017
Title Company	OTHER

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	5818 S ARCHER RD SUMMIT IL 605011450, SUMMIT, IL 60501-1450

Mortgage

Document Number	1714445030
Date	May 24, 2017
Instrument	14445030

Lender

Name	FOREST PARK NAT'L BK
Type	Bank
Address	7348 MADISON ST, FOREST PARK, IL 60130-1545

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	24 Months
Due	May 23, 2019

Interest

Rate Type	Adjustable Rate
Rate	4%

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		$679,618 Land $679,537 Building $81	$2,718,472 Land $2,718,148 Building $324
2023	$238,120.00 (+59.62%)
2022	$149,175.00	$345,753 Land $343,779 Building $1,974	$1,383,012 Land $1,375,116 Building $7,896

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 7935 55 W 59th St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective February 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 7935 55 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 10 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

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