7950 S Exchange Ave, #52, Chicago, IL 60617 Property Records

Cook County property record for 7950 S Exchange Ave, #52, Chicago, IL 60617

Property Summary

Property Type	Commercial
Details	9 bd · 6,618 sqft · built 1927
Lot Size	0.137 acres (5,952 sqft)
Owner	Company Name on File
Last Sale	$260,000 (May 2025)
Tax Bill	$13,338 (2024)
Deeds & Mortgages	Jul 2026 Mortgage May 2025 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`21-31-202-039`

Property Details

APN / Parcel Number

Primary APN	`21-31-202-039`
Alternative APN	`21-31-202-039-0000`

Interior

Bedrooms	9 Beds
Units	7 Units
Stories	2 Stories
Building Area	6,618 sqft Gross Area

Exterior

Year Built	Built 1927
Effective Year Built	Effective 1927
Lot Area	5,952 sqft (0.137 acres)

Location & Zoning

Street Address	7950 S EXCHANGE AVE
City	CHICAGO
State	IL
Zip	60617-1418
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	C1-2
Legal Description	WALTER S (HAINES) SUB OF BLK2&14 IN CIRCUIT COUT PART ITION OF NW NE & NE NW & SH SW NE & SH SE NW SEC 31-38-15
Legal Range	15E
Legal Township	38N
Legal Section	31
Legal Subdivision	HAINES SUB
Legal Block	2,14
Legal Lot Number	21,22
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	1
Census Block	1023
Census Tract	460100

Owner

7950 S Exchange Ave, #52, a commercial property, is owned by a company that bought it in May 2025.

Source: Cook County records, as of August 25, 2026

Owner of Record	Company Name on File
Mailing Address	850 W BLACKHAWK ST, 903, CHICAGO, IL 60642-2501
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 14, 2026	Deed of Trust, Mortgage · Conventional Mortgage VELOCITY COMMERCIAL CAPITAL LLC
May 14, 2025	Warranty Deed, Transfer HILLA INC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 14, 2025 · Amount on File
Deed Sale	May 14, 2025 · Amount on File
Prior Sale	Nov 2, 2011 · Amount on File
Deed Document Number	202520354
Prior Transfer Date	Dec 8, 2005
Prior Transfer Doc	0000045119
Record Updated	Oct 29, 2026

July 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Recording Date	Jul 14, 2026
Property Address	7950 S EXCHANGE AVE, CHICAGO, IL 60617-1418
Document Number	0000002208
Instrument Date	Jul 9, 2026
Instrument	20262208
Transaction Type	Mortgage
Record Updated	Jul 21, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266
Address	860 W BLACKHAWK ST, 903, CHICAGO, IL 60642-2534

Mortgage

Document Number	0000002208,
Date	Jul 14, 2026
Instrument	20262208

Lender

Name	VELOCITY COMMERCIAL CAPITAL LLC

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Aug 1, 2056

Interest

Rate Type	Fixed Rate
Rate	10.2%
Initial Type	Fixed Rate
Max Rate	-1%

May 2025: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	May 14, 2025
Property Address	7950 S EXCHANGE AVE, CHICAGO, IL 60617-1418
Document Number	0013420354
Instrument Date	Apr 30, 2025
Instrument	2513420354
Transaction Type	Transfer
Record Updated	May 8, 2026
Title Company	STEWART TITLE

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$260.00
Amount Accuracy	Rounded by County
Additional	Lis Pendens Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	850 W BLACKHAWK ST # 903, 903, CHICAGO, IL 60642-2501

Mortgage

Document Number	0013420355
Date	May 14, 2025
Instrument	2513420355

Lender

Name	HILLA INC
Type	Non-Lending Institution

Agreement

Amount	Amount on Record
Term	138 Months
Due	Nov 1, 2036

Interest

Rate	1.25%

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
Municipality	Chicago City
Unified School District	Chicago Public School District 299 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$66,393 Land $5,952 Building $60,441	$663,930 Land $59,520 Building $604,410
2024	$13,338.00 (+27.87%)
2023	$10,431.00 (+2.59%)
2022	$10,168.00	$49,439 Land $5,356 Building $44,083	$494,390 Land $53,560 Building $440,830

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

FEMA maps place 7950 S Exchange Ave, #52 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 7950 S Exchange Ave, #52 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	CHICAGO serves 2,721,308 people · EPA ID IL0316000
Water Source	Surface water
Last State Inspection	Mar 2026
Lead	6 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	8 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 1,032 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Astound Broadband Cable	1,500 / 50
Verizon Fixed Wireless	300 / 20

May also be available: AT&T, T-Mobile.

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