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Commercial > Office
Sold
04/19/2018
Sold Price
$30,581,000$20/ft²

166 Van Buren
Chicago, IL 60604

  • -
    Bed
  • -
    Bath
  • 1,506,400
    ft²
    Living Area
  • 0.9
    ac
    Lot Size
  • -
    Pool
  • -
    Car
  • 1911
    Year Built
  • -
    DOM
  • 7
    Permits
166 Van Buren, Chicago, IL 60604 is a 1,506,400 ft² commercial office property property built in 1911 on a 0.887 acre lot with 7 construction permits. This commercial office property is currently off market, and it was last sold in 2018 for $30,581,000.

    Permits

    166 Van Buren has 7 permit records of total value of $257,501.

    Permit History
    7
    Permits
    $257,501
    Total Permit Value
    August 6, 2019
    Description: Reconnect electrical feed to (2) signs once glass panel was replacedJob Value: $500Status: issuedType: Electric wiringBusiness Name: Kalish Electric COFees: $150Effective Date: 2019-08-06Permit Number: 100833059
    April 7, 2017
    Description: Revision to permit #100686799 to change the plumber of record to mvp plumbingJob Value: $1Status: issuedType: Easy permit processBusiness Name: JW PRO Builders INC; MVP Plumbing CorpApplicant: Bruce J HillFees: $75Effective Date: 2017-04-07Permit Number: 100699492
    April 7, 2017
    Description: Change of electrical contractor for original permit #100686799Job Value: $22,000Status: issuedType: Electric wiringBusiness Name: Kalish Electric COFees: $75Effective Date: 2017-04-07Permit Number: 100699525
    March 18, 2017
    Description: Interior renovation of existing restaurant space as per plans**certified corrections- - subject to field inspections & audit **Job Value: $20,000Status: issuedType: Renovation/alterationBusiness Name: Chicago Heat & AIR INCApplicant: Bruce J HillFees: $575Effective Date: 2017-03-18Permit Number: 100686799
    January 28, 2015
    Description: Oia 166 w van buren st activate 5th & 6th floor landings for (6) 2500# cap 14-stop gearless passenger elevators (cars #34 - 39). (ev006924)Job Value: $200,000Status: issuedType: Elevator equipmentBusiness Name: Schindler Elev Corp ElmhurstApplicant: Jackson Management InvestmentsFees: $1,350Effective Date: 2015-01-28Permit Number: 100579083
    January 28, 2015
    Description: Oia 166 w van buren st remove access to the 10th floor for (4) 2500# cap 12-stop passenger elevators (cars #1 - 4). (ev002940)Job Value: $10,000Status: issuedType: Elevator equipmentBusiness Name: Schindler Elev Corp ElmhurstApplicant: Jackson Management & InvestmenstFees: $900Effective Date: 2015-01-28Permit Number: 100579087
    July 17, 2008
    Description: Replacement of commercial kitchen equipment in existing commercial kitchen space.installation of two new interior partitionsJob Value: $5,000Status: issuedType: Renovation/alterationBusiness Name: A General Construction & Elect; Kapche James A; MC Installations; Pl11679 Burton SchneiderApplicant: Abdul EweidaFees: $375Effective Date: 2008-07-17Permit Number: 100239849

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$4,475,418.50
      From latest Total Assessed Value20.11%
      Total Assessed Value$22,255,709
      =
      Land
      Assessed Value      $4,590,162
      +
      Additions
      Assessed Value      $17,665,547

      • In 2021, taxes billed for 166 Van Buren were $4,475,418.5, which is 20.11% from latest Total Assessed Value of $22,255,709.

    Property History

    166 Van Buren has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 166 Van Buren

    • Hazard Risks

      Tornado
      208
      Wind
      162
      Hail
      159
      Particulates
      142
      Ozone
      107
      Air Pollution
      104
      Weather
      103
      Carb Mono
      102
      Nat'l Avg
      100
      Lead
      56
      Earthquake
      46
      Hurricane
      14

      • 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 166 Van Buren.

      Walkability Index

      18 /20

      Most Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      166 Van Buren has a walkability score of 18 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

      63°F

      High

      81°F

      In the winter at 166 Van Buren, temperatures range from 20.14°F to 34.03°F with an average of 27.09°F. In the summer, the temperature ranges from 62.74°F to 80.75°F with and average of 71.75°F.

    School Information

    Public/private schools serving 166 Van Buren

      Public Schools

      Phillips Academy High School
      Grades: 9-12
      3.71  mi
      F
      South Loop Elementary School
      Grades: PK-8
      0.76  mi
      B
      * 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 166 Van Buren have ratings undefined, and undefined.

    Neighborhood

    This property is located in Loop, Chicago, IL 60604.

    • Region

      • Boundary map of Loop.

      Crime Index for 60604

      180

      About 2 times the national average
      180

      The crime index in 60604 is 180, which is 1.8 times higher than national average.

    • Seasonal Housing units 60604

      26%

      of housing is for seasonal rent.

      Daytime Population for 60604

      +152%

      of people during work hours.

    Market Trends

    Historical market data near 166 Van Buren over selected time period.

    Nearby Properties on Van Buren

    USAILCook CountyChicagoVan Buren