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Commercial > Retail
Sold
03/25/2022
Sold Price
$3,350,000$368/ft²

1431 Lake St
Chicago, IL 60607

  • -
    Bed
  • -
    Bath
  • 9,100
    ft²
    Living Area
  • 9,037
    ft²
    Lot Size
  • -
    Pool
  • -
    Car
  • 1943
    Year Built
  • -
    DOM
  • 5
    Permits
1431 Lake St, Chicago, IL 60607 is a 9,100 ft² commercial retail property property built in 1943 on a 0.207 acre lot with 5 construction permits. This commercial retail property is currently off market, and it was last sold in 2022 for $3,350,000.

    Permits

    1431 Lake St has 5 permit records of total value of $37,067.

    Permit History
    5
    Permits
    $37,067
    Total Permit Value
    December 13, 2022
    Description: Mine music hall - 131-46861-02 - low voltage permit for low voltage non-required fire alarm installationJob Value: $19,067Status: issuedType: Electric wiringBusiness Name: Johnson Controls SecurityFees: $75Effective Date: 2022-12-13Permit Number: 100999175
    December 17, 2008
    Description: Install 9- 3/8 thermostatic mixing valves on lavatory faucets, 4 in mens bathroom 5 in womens bathroom. plumbing only subject to field inspectionStatus: issuedType: Easy permit processBusiness Name: Michael Mucerino Plumbing INCApplicant: Barry PaddorFees: $100Effective Date: 2008-12-17Permit Number: 100271621
    February 25, 2008
    Description: Amendment to permit 100199678: addition two (2) drinking fountains as shown on plans. Work to include plumbing. Conditional permit subject to field inspectionsJob Value: $3,000Status: issuedType: Renovation/alterationBusiness Name: Lake Brothers Construction IN; Pl13919 Michael Mucerino Plumbing; Thompson James PatrickApplicant: Barry PaddorFees: $230Effective Date: 2008-02-25Permit Number: 100223650
    October 23, 2007
    Description: Alterations to permits 99-911590 and 2000-921878: ramp modification in entry 100/102 platform in tavern 105 dj booth in tavern 109 revised barrier-free toilet stall 112a bar extension for dj in tavern m01Job Value: $15,000Status: issuedType: Renovation/alterationBusiness Name: Better Beauty Incorporated; Thompson James PatrickApplicant: Barry PaddorFees: $235Effective Date: 2007-10-23Permit Number: 100199678
    May 12, 2006
    Description: Violations repair.install system 1 em.plan# 20652Status: issuedType: Electric wiringBusiness Name: CB ElectricFees: $110Effective Date: 2006-05-12Permit Number: 100112449

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$79,602.21
      From latest Total Assessed Value20.18%
      Total Assessed Value$394,556
      =
      Land
      Assessed Value      $79,073
      +
      Additions
      Assessed Value      $315,483

      • In 2021, taxes billed for 1431 Lake St were $79,602.21, which is 20.18% from latest Total Assessed Value of $394,556.

    Property History

    1431 Lake St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 1431 Lake 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 1431 Lake St.

      Walkability Index

      19 /20

      Most Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      1431 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

      27 °F

      Low

      20°F

      High

      34°F

      Summer
      Average

      72 °F

      Low

      62°F

      High

      81°F

      In the winter at 1431 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 1431 Lake St

      Public Schools

      W. Brown Elementary School
      Grades: KG-8
      0.41  mi
      D-
      Crane Technical Preparatory High School
      Grades: 12-12
      0.90  mi
      Skinner Elementary School
      Grades: PK-5
      1.79  mi
      A
      Wells Community Academy High School
      Grades: 9-12
      1.00  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 1431 Lake 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 1431 Lake St over selected time period.

    Nearby Properties on Lake St

    USAILCook CountyChicagoLake St