Commercial > Multi-family / Apartments
Sold
06/23/2023
Sold Price
$72,600,000$--/ft²
165 Desplaines St
Chicago, IL 60661
- -Bed
- -Bath
- -Living Area
- -Lot Size
- -Pool
- -Car
- -Year Built
- -DOM
- 12Permits
165 Desplaines St, Chicago, IL 60661 is a multi-family/apartments property with 12 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2023 for $72,600,000.
Permits
165 Desplaines St has 12 permit records of total value of $6,262,379.
Permit History
12
Permits
$6,262,379
Total Permit Value
January 24, 2023
Description: Install elite position indicators on two (2) 3500lb.cap 350 fpm 14-floors elevators #1 & #2. Pursuant to the scope of work submitted. 100696711Job Value: $13,000Status: issuedType: Elevator equipmentBusiness Name: Otis Elevator ChicagoApplicant: 165 N DesplainesFees: $600Effective Date: 2023-01-24Permit Number: 101002911
October 23, 2019
Description: Fire alarm - tenant building out on 1st fl (p). Ck#77050;$600.00Status: issuedType: Electric wiringFees: $75Effective Date: 2019-10-23Permit Number: 100844281
July 26, 2019
Description: Self-cert: existing class. Is m-2; new to be c-2 (small: assembly)new fitness studio in an existing retail space as per plans. Minor demolition of lighting and existing door; new concrete slab toilet rooms interior partitions lighting and HVAC heat pump units and distribution; owner to install versa climbers for their business operationsJob Value: $490,000Status: issuedType: Renovation/alterationBusiness Name: Carbone Plumbing INC; Colombo Michael; Denning; Osman Construction CorporationApplicant: Patrick WildeFees: $3,083Effective Date: 2019-07-26Permit Number: 100821855
September 29, 2017
Description: Revision to permit 100646305 interior alterations to the 1st 2nd 13th and 14th floors of an existing residential buildingJob Value: $250,000Status: issuedType: Renovation/alterationBusiness Name: Adjustable Forms INC; Bonus Electric; Copper Donald G; Ehms; Ewing Doherty Mechanical INCApplicant: Gerding Edlen Green Cities III, L..PFees: $851Effective Date: 2017-09-29Permit Number: 100709138
July 10, 2017
Description: Revision to permit 100646305 ****structural only** structural peer review*** for the installation of a steel bridge with rated glass floor panels at the 2nd level. No mep work as per plans."(conditional permit subject to field inspections)Job Value: $250,000Status: issuedType: Renovation/alterationBusiness Name: Copper Donald G; John Lyle & Associates; Power Construction Company LLApplicant: 165 N Des Plaines LLCFees: $1,575Effective Date: 2017-07-10Permit Number: 100687302
March 29, 2017
Description: Installation of (3) 4000# cap gearless passenger elevators serving 14 floors & pursuant to plans submitted. Installations to be made in compliance with 2010 city of chicago elevator code (asme a17.1-2007)Job Value: $1,078,879Status: issuedType: Elevator equipmentBusiness Name: Otis Elevator LombardApplicant: Gerding Edlen Green Cities III, L.PFees: $2,400Effective Date: 2017-03-29Permit Number: 100696711
November 18, 2016
Description: Installation of two (2) 14-floor 300 fpm 8000lb.cap personnel hoists champion dual car us8002 temporary construction. Pursuant to plans submitted for elevator permitJob Value: $60,000Status: issuedType: Elevator equipmentBusiness Name: Safway Atlantic LLCApplicant: Gerding Edlen, Patrick WildeFees: $2,025Effective Date: 2016-11-18Permit Number: 100679872
November 14, 2016
Description: Installation and operation of a champion dual car us8002 temporary construction hoist with 8, 000 lbs. Capacity per car as per plansJob Value: $60,000Status: issuedType: New constructionBusiness Name: Adjustable Forms INC; Kohout Christopher; Power Construction Company LLApplicant: Patrick WildeFees: $525Effective Date: 2016-11-14Permit Number: 100664963
October 7, 2016
Description: Dir dev services-new construction of a 14 story residential building with (155-dwelling units & 44-efficiency units) to include 1st floor retail parking (98-parking spaces) with an existing 3-story office building to remain on site and associated site work as per plans. (structural peer review)Status: issuedType: Renovation/alterationBusiness Name: Adjustable Forms INC; Bonus Electric; Ehms; Ewing Doherty Mechanical INC; John Lyle & AssociatesApplicant: 165 N Des Plaines LLCFees: $183,568Effective Date: 2016-10-07Permit Number: 100646305
July 31, 2016
Description: Temporary electrical service for constructionJob Value: $500Status: issuedType: Electric wiringBusiness Name: Bonus ElectricFees: $2,400Effective Date: 2016-07-31Permit Number: 100660627
June 28, 2016
Description: Foundation design for the installation and operation of a peiner sk415 temporary tower crane as per plansJob Value: $60,000Status: issuedType: New constructionBusiness Name: Adjustable Forms INC; Kohout Christopher; Power Construction Company LLApplicant: Patrick WildeFees: $525Effective Date: 2016-06-28Permit Number: 100650025
June 13, 2016
Description: Foundation only for a 14 story residential building (155 dwelling units & 44-efficiency units) to include 1st floor retail parking (99 parking spaces) with an existing 3-story office building to remain on site and associated site work as per plans. (developer services pilot program & structural peer review)Job Value: $4,000,000Status: issuedType: New constructionBusiness Name: Adjustable Forms INC; Bonus Electric; Copper Donald G; Ehms Mechanical ServicesApplicant: 165 N Des Plaines LLCFees: $2,932Effective Date: 2016-06-13Permit Number: 100629993
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$194,741.75From latest Total Assessed Value20.18%Total Assessed Value$965,256=Land+
Assessed Value$47,952Additions
Assessed Value$917,304
In 2021, taxes billed for 165 Desplaines St were $194,741.75, which is 20.18% from latest Total Assessed Value of $965,256.
Property History
165 Desplaines St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 165 Desplaines St
Hazard Risks
Tornado212Wind158Hail151Particulates139Air Pollution106Ozone103Carb Mono102Weather101Nat'l Avg100Lead53Earthquake47Hurricane14
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 165 Desplaines St.
Walkability Index
18 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
165 Desplaines St 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
Low
20°F
High
34°F
Summer
Average
Low
62°F
High
81°F
In the winter at 165 Desplaines St, temperatures range from 19.87°F to 34.03°F with an average of 26.95°F. In the summer, the temperature ranges from 62.48°F to 80.83°F with and average of 71.66°F.
School Information
Public/private schools serving 165 Desplaines St
Public Schools
W. Brown Elementary School
Grades: KG-8
1.41 mi
D-
Crane Technical Preparatory High School
Grades: 12-12
1.43 mi
Skinner Elementary School
Grades: PK-5
1.53 mi
A
Wells Community Academy High School
Grades: 9-12
1.60 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 165 Desplaines St have ratings undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in Fulton River District, Chicago, IL 60661.
Seasonal Housing units 60661
5%of housing is for seasonal rent.
Daytime Population for 60661
+649%of people during work hours.
Boundary map of Fulton River District.
Crime Index for 60661
163
163
The crime index in 60661 is 163, which is 1.6 times higher than national average.
Market Trends
Historical market data near 165 Desplaines St over selected time period.
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