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Commercial > Multi-family / Apartments
Sold
03/10/2020
Sold Price
$25,820,000$--/ft²

1050 Monroe St
Chicago, IL 60607

  • -
    Bed
  • -
    Bath
  • -
    Living Area
  • 3,450
    ft²
    Lot Size
  • -
    Pool
  • -
    Car
  • -
    Year Built
  • -
    DOM
  • 6
    Permits
1050 Monroe St, Chicago, IL 60607 is a multi-family/apartments property on a 0.079 acre lot with 6 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2020 for $25,820,000.

    Permits

    1050 Monroe St has 6 permit records of total value of $269,301.

    Permit History
    6
    Permits
    $269,301
    Total Permit Value
    September 5, 2017
    Description: Install conduit wire and devices for non-required fire alarm systemJob Value: $5,000Status: issuedType: Electric wiringBusiness Name: Chicago Power & CommunicationsFees: $300Effective Date: 2017-09-05Permit Number: 100724435
    July 25, 2017
    Description: Amended permit for 1 hour rated drop ceiling condition at hallways and utility areas - per plansJob Value: $50,000Status: issuedType: Renovation/alterationBusiness Name: Keller JAY M; Vivify Construction LLCApplicant: Tom MeadorFees: $675Effective Date: 2017-07-25Permit Number: 100716424
    April 26, 2017
    Description: Installation of two (2) passenger elevators 150 fpm 2:1 roping 5-stops(1-front/4-rear), elevator #1 2100lb.cap 3-30mm belts. Elevator #2 3500lb.cap 4-30mm belts. Pursuant to the plans submittedJob Value: $211,800Status: issuedType: Elevator equipmentBusiness Name: Schindler Elev Corp ElmhurstFees: $1,020Effective Date: 2017-04-26Permit Number: 100702225
    September 15, 2016
    Description: Install new 100amp temp serviceJob Value: $2,500Status: issuedType: Electric wiringBusiness Name: Highlights Chicago INCFees: $150Effective Date: 2016-09-15Permit Number: 100669901
    July 14, 2016
    Description: Revision to permit #100648635 to change owner to 1050-1060 w monroe land LLCJob Value: $1Status: issuedType: Easy permit processBusiness Name: Vivify Construction LLCApplicant: 1050 1060 W Monore Land LLCFees: $225Effective Date: 2016-07-14Permit Number: 100659923
    May 12, 2016
    Description: New 4-story residential building of type III-b construction w type i-c construction at first floor. Ground floor residential with 70 units combined w 70 parking spaces at the ground level parking garage per plans. Building is fully sprinkledStatus: issuedType: New constructionBusiness Name: American Comfort Specialists; DAR Masonry INC; Highlights Chicago INC; Keller JAY MApplicant: Tom MeadorFees: $106,149Effective Date: 2016-05-12Permit Number: 100648635

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$43,999.37
      From latest Total Assessed Value20.18%
      Total Assessed Value$218,087
      =
      Land
      Assessed Value      $12,075
      +
      Additions
      Assessed Value      $206,012

      • In 2021, taxes billed for 1050 Monroe St were $43,999.37, which is 20.18% from latest Total Assessed Value of $218,087.

    Property History

    1050 Monroe St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 1050 Monroe St

    • Hazard Risks

      Tornado
      222
      Hail
      156
      Wind
      153
      Particulates
      146
      Air Pollution
      110
      Ozone
      108
      Weather
      108
      Nat'l Avg
      100
      Carb Mono
      98
      Lead
      58
      Earthquake
      46
      Hurricane
      10

      • 12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 1050 Monroe St.

      Walkability Index

      19 /20

      Most Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      1050 Monroe St has a walkability score of 19 out of 20, which means that it is in a most walkable area.

      Temperature

      Seasonal temperature sampled over multiple years

      Winter
      Average

      27 °F

      Low

      20°F

      High

      34°F

      Summer
      Average

      72 °F

      Low

      62°F

      High

      81°F

      In the winter at 1050 Monroe St, temperatures range from 19.85°F to 34.04°F with an average of 26.95°F. In the summer, the temperature ranges from 62.42°F to 80.91°F with and average of 71.67°F.

    School Information

    Public/private schools serving 1050 Monroe St

      Public Schools

      W. Brown Elementary School
      Grades: KG-8
      0.91  mi
      D-
      Crane Technical Preparatory High School
      Grades: 12-12
      0.85  mi
      Skinner Elementary School
      Grades: PK-5
      1.88  mi
      A
      Wells Community Academy High School
      Grades: 9-12
      1.48  mi
      F
      * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

      Nearby public schools serving 1050 Monroe St have ratings undefined, undefined, undefined, and undefined.

    Neighborhood

    This property is located in West Side, Chicago, IL 60607.

    • Region

      • Boundary map of West Side.

      Crime Index for 60607

      148

      Above national average
      148

      The crime index in 60607 is 148, which is 1.5 times higher than national average.

    • Seasonal Housing units 60607

      12%

      of housing is for seasonal rent.

      Daytime Population for 60607

      +107%

      of people during work hours.

    Market Trends

    Historical market data near 1050 Monroe St over selected time period.

    Nearby Properties on Monroe St

    USAILCook CountyChicagoMonroe St