Commercial > Office
Sold
07/07/2016
Sold Price
$7,700,000$--/ft²
1201 Lake St
Chicago, IL 60607
- -Bed
- -Bath
- -Living Area
- 4,400ft²Lot Size
- -Pool
- -Car
- 1979Year Built
- -DOM
- 23Permits
1201 Lake St, Chicago, IL 60607 is a commercial office property property built in 1979 on a 0.101 acre lot with 23 construction permits. This commercial office property is currently off market, and it was last sold in 2016 for $7,700,000.
Permits
1201 Lake St has 23 permit records of total value of $4,253,950.
Permit History
23
Permits
$4,253,950
Total Permit Value
January 18, 2022
Description: **cbc 2019**_**self-cert project** interior renovation of existing office suite on floor 3. Renovation includes new interior partitions, ceilings lighting and finishes as well as the reworking of existing HVAC electrical plumbing sprinklers and fire alarm. Current use: office proposed use: officeJob Value: $606,390Status: issuedType: Renovation/alterationBusiness Name: Electrical Design System Corp; Executive Construction INC; Kamien Kevin; State Mechanical ServicesApplicant: Madison McCaffery 1201 West LLCFees: $7,048Effective Date: 2022-01-18Permit Number: 100952817
January 18, 2022
Description: **cbc 2019**_**self-cert project** interior renovation of existing tenant office suite on floor 6. Renovation includes new interior partitions, ceilings lighting and finishes as well as the reworking of existing HVAC electrical plumbing sprinklers and fire alarm. Current use: office proposed use: officeJob Value: $235,110Status: issuedType: Renovation/alterationBusiness Name: Electrical Design System Corp; Executive Construction INC; Kamien Kevin; State Mechanical ServicesApplicant: Madison McCaffery 1201 West LLCFees: $2,779Effective Date: 2022-01-18Permit Number: 100952932
November 1, 2021
Description: Security equip. Install 2nd fl(executive construction inc.)guso211030aJob Value: $18,775Status: issuedType: Electric wiringBusiness Name: Advent Systems LLCFees: $75Effective Date: 2021-11-01Permit Number: 100946857
January 11, 2021
Description: Data cablingJob Value: $35,000Status: issuedType: Electric wiringBusiness Name: Lombardi Electric INCFees: $75Effective Date: 2021-01-11Permit Number: 100905366
December 18, 2020
Description: **fire alarm permit**** fire alarm permit ** installation of electromagnetic locking devices per cbc sections 10(13-160-269) and 10(13-160-260) on floor 2Job Value: $2,500Status: issuedType: Electric wiringBusiness Name: Burnham Nationwide INC; Phoenix Systems & ServiceFees: $675Effective Date: 2020-12-18Permit Number: 100900997
November 10, 2020
Description: **fire alarm permit**** fire alarm permit ** installation of electromagnetic locking devices per cbc sections 10(13-160-269) and 10(13-160260) on floor 6Job Value: $2,500Status: issuedType: Electric wiringBusiness Name: Burnham Nationwide INC; Phoenix Systems & ServiceFees: $675Effective Date: 2020-11-10Permit Number: 100895464
November 10, 2020
Description: **cbc 2019**_**self-cert project** interior renovation of existing tenant office suite on floor 4. Renovation includes new interior partitions, ceilings lighting and finishes as well as the reworking of existing HVAC electrical plumbing sprinklers and fire alarm. Current use: office proposed use: officeJob Value: $716,310Status: issuedType: Renovation/alterationBusiness Name: Electrical Design System Corp; Executive Construction INC; Johns Plumbing INC; Kamien KevinApplicant: Madison McCaffery 1201 West LLCFees: $8,313Effective Date: 2020-11-10Permit Number: 100894673
September 11, 2020
Description: Fire alarm - tenant building out on 6th fl (p). Ck#30456;$600.00Status: issuedType: Electric wiringFees: $75Effective Date: 2020-09-11Permit Number: 100889539
July 30, 2020
Description: **cbc 2019**_**self-cert project** interior renovation of existing tenant office suite on floor 2. Renovation includes partial demolition of existing space in preparation for new interior partitions, ceilings lighting and finishes as well as the reworking of existing HVAC electrical plumbing sprinklers and fire alarm. Current use: office proposed use: officeJob Value: $354,450Status: issuedType: Renovation/alterationBusiness Name: Electrical Design System Corp; Executive Construction INC; Johns Plumbing INC; Salzmann JON MApplicant: Madison McCaffery 1201 West LLCFees: $4,151Effective Date: 2020-07-30Permit Number: 100881173
May 6, 2020
Description: ***self-cert project*** interior renovation of existing tenant office suite on floor 6. Renovation includes partial demolition of existing space in preparation for new interior partitions, ceilings lighting and finishes as well as the reworking of existing HVAC electrical plumbing sprinklers and fire alarm. Current use: office proposed use: officeJob Value: $201,900Status: issuedType: Renovation/alterationBusiness Name: Electrical Design System Corp; Executive Construction INC; Johns Plumbing INC; Salzmann JON MApplicant: Madison McCaffery 1201 West LLCFees: $2,397Effective Date: 2020-05-06Permit Number: 100867596
June 21, 2019
Description: Change of electrical contractor for original permit #100809534Job Value: $600,000Status: issuedType: Electric wiringBusiness Name: Electrical Design System CorpFees: $75Effective Date: 2019-06-21Permit Number: 100826736
June 10, 2019
Description: Fire alarm - tenant building out on 5th fl (p). Ck317572;$750.00Status: issuedType: Electric wiringBusiness Name: Electrical Design System CorpFees: $75Effective Date: 2019-06-10Permit Number: 100823573
June 10, 2019
Description: Fire alarm - tenant building out on 6th fl (p). Ck#17573;$750.00Status: issuedType: Electric wiringBusiness Name: Super Electric Construction COFees: $75Effective Date: 2019-06-10Permit Number: 100823569
May 28, 2019
Description: Install 270 cat 6 cables furniture and wall locations for new tenant servicenowJob Value: $61,650Status: issuedType: Electric wiringBusiness Name: REX Elect & Technologies LLCFees: $75Effective Date: 2019-05-28Permit Number: 100822034
May 17, 2019
Description: Building automation wiring for HVAC systemJob Value: $15,000Status: issuedType: Electric wiringBusiness Name: RLG Power & ControlFees: $75Effective Date: 2019-05-17Permit Number: 100820599
April 18, 2019
Description: Interior renovation of tenant office suite on floor 5. Renovation includes new interior partitions ceilings lighting and finishes as well as the reworking of existing HVAC electrical plumbing sprinklers and fire alarm. Current use: office/proposed use: officeJob Value: $835,695Status: issuedType: Renovation/alterationBusiness Name: CT Mechanical LLC; Executive Construction INC; Fettes Love & Sieben; Kamien Kevin; Rise Electric LLCApplicant: Servicenow IncFees: $8,313Effective Date: 2019-04-18Permit Number: 100809534
February 8, 2019
Description: Installation of access control with mag locks cctvJob Value: $200,000Status: issuedType: Electric wiringBusiness Name: Pace Systems INCFees: $225Effective Date: 2019-02-08Permit Number: 100804067
September 26, 2018
Description: **self cert project** interior renovation of existing tenant office suite on floor 2. renovation includes demolition of existing space in preparation for new interior partitions ceilings, lighting and finishes as well as the reworking of existing HVAC electrical plumbing sprinklers and fire alarm. current use: office/proposed use: officeJob Value: $297,270Status: issuedType: Renovation/alterationBusiness Name: Concept Plumbing; Connelly Electric CO; Salzmann JON M; State Mechanical ServicesApplicant: McCaffery Interests, IncFees: $3,494Effective Date: 2018-09-26Permit Number: 100779906
January 16, 2018
Description: Tower crane permit - phase 1 foundation design for the installation and operation of a peiner sk-415 tower crane as per plansJob Value: $60,000Status: issuedType: New constructionBusiness Name: Kohout Christopher; W. E. O'neil Construction Co.Applicant: McCaffery Lake Street, LLC Dean WelchFees: $525Effective Date: 2018-01-16Permit Number: 100736574
January 31, 2012
Description: plumbing only: replace 3 compartment sink hand basin & utility sink & water heater in same location. ( unit 2 )Job Value: $2,700Status: issuedType: Easy permit processBusiness Name: Tony EU Construction LLCApplicant: 1201 W. Lake LLCFees: $100Effective Date: 2012-01-31Permit Number: 100426383
September 8, 2011
Description: Tenant repair to 1st office: electrical on separate permit. Remove work stations & temp. Partition (cubicles-under 6 high). Patch walls floors as needed (no structural work)Job Value: $4,000Status: issuedType: Easy permit processBusiness Name: Burnham Nationwide INC; Clune Construction Company LApplicant: StreetwiseFees: $200Effective Date: 2011-09-08Permit Number: 100410054
September 7, 2011
Description: Removal & replace light fixtures/outletsJob Value: $4,200Status: issuedType: Electric wiringBusiness Name: Burnham Nationwide INC; Kelso Burnett COApplicant: Streetwise IncFees: $50Effective Date: 2011-09-07Permit Number: 100409961
January 20, 2010
Description: Replace existing front door to tenant space in industrial building same size and location. Subject to field inspectionJob Value: $500Status: issuedType: Easy permit processBusiness Name: Clune Construction Company LApplicant: Bruce A CraneFees: $200Effective Date: 2010-01-20Permit Number: 100327492
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$234,458.97From latest Total Assessed Value20.18%Total Assessed Value$1,162,118=Land+
Assessed Value$38,500Additions
Assessed Value$1,123,618
In 2021, taxes billed for 1201 Lake St were $234,458.97, which is 20.18% from latest Total Assessed Value of $1,162,118.
Property History
1201 Lake St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1201 Lake St
Hazard Risks
Tornado222Hail156Wind153Particulates146Air Pollution110Ozone108Weather108Nat'l Avg100Carb Mono98Lead58Earthquake46Hurricane10
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 1201 Lake St.
Walkability Index
19 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1201 Lake 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
Low
20°F
High
34°F
Summer
Average
Low
62°F
High
81°F
In the winter at 1201 Lake 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 1201 Lake St
Public Schools
W. Brown Elementary School
Grades: KG-8
0.74 mi
D-
Crane Technical Preparatory High School
Grades: 12-12
0.99 mi
Skinner Elementary School
Grades: PK-5
1.64 mi
A
Wells Community Academy High School
Grades: 9-12
1.14 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 1201 Lake St have ratings undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in Fulton Market, Chicago, IL 60607.
Seasonal Housing units 60607
12%of housing is for seasonal rent.
Daytime Population for 60607
+107%of people during work hours.
Boundary map of Fulton Market.
Crime Index for 60607
148
148
The crime index in 60607 is 148, which is 1.5 times higher than national average.
Market Trends
Historical market data near 1201 Lake St over selected time period.
Nearby Properties on Lake St
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- 942 W Lake St, Chicago, IL 60607 (Fulton Market) is a 0.18 acre property.
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- 1008 W Lake St, Chicago, IL 60607 (Fulton Market) is a 3,700 square foot, 2 bedroom, 4 bathroom, 0.06 acre property.
- 2934 W Lake St, Chicago, IL 60612 (Garfield Park) is a 0.67 acre property.
- 1101 W Lake St #Apt 5d, Chicago, IL 60607 (1101 West Lake Street Condominiums) is a 0.23 acre property. It was built in 1889 and has an estimate of $540,000.
- 1006 W Lake St, Chicago, IL 60607 (Fulton Market) is a 0.06 acre property.
- 1018 W Lake St, Chicago, IL 60607 (Fulton Market) is a 0.06 acre property.
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