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Commercial > Office
Sold
03/20/2015
Sold Price
$12,500,000$46/ft²

174 Michigan Ave
Chicago, IL 60601

  • -
    Bed
  • -
    Bath
  • 270,200
    ft²
    Living Area
  • 3,170
    ft²
    Lot Size
  • -
    Pool
  • -
    Car
  • 1888
    Year Built
  • -
    DOM
  • 22
    Permits
174 Michigan Ave, Chicago, IL 60601 is a 270,200 ft² commercial office property property built in 1888 on a 0.073 acre lot with 22 construction permits. This commercial office property is currently off market, and it was last sold in 2015 for $12,500,000.

    Permits

    174 Michigan Ave has 22 permit records.

    Permit History
    22
    Permits

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$109,530.98
      From latest Total Assessed Value20.11%
      Total Assessed Value$544,684
      =
      Land
      Assessed Value      $336,812
      +
      Additions
      Assessed Value      $207,872

      • In 2021, taxes billed for 174 Michigan Ave were $109,530.98, which is 20.11% from latest Total Assessed Value of $544,684.

    Property History

    174 Michigan Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 174 Michigan Ave

    • Hazard Risks

      Tornado
      205
      Wind
      158
      Hail
      147
      Particulates
      134
      Carb Mono
      105
      Air Pollution
      105
      Weather
      103
      Ozone
      102
      Nat'l Avg
      100
      Lead
      57
      Earthquake
      43
      Hurricane
      16

      • 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 174 Michigan Ave.

      Walkability Index

      19 /20

      Most Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      174 Michigan Ave 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

      63°F

      High

      81°F

      In the winter at 174 Michigan Ave, temperatures range from 20.23°F to 34.07°F with an average of 27.15°F. In the summer, the temperature ranges from 62.82°F to 80.75°F with and average of 71.79°F.

    School Information

    Public/private schools serving 174 Michigan Ave

      Public Schools

      Phillips Academy High School
      Grades: 9-12
      4.21  mi
      F
      South Loop Elementary School
      Grades: PK-8
      1.30  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 174 Michigan Ave have ratings undefined, and undefined.

    Neighborhood

    This property is located in Loop, Chicago, IL 60601.

    • Region

      • Boundary map of Loop.

      Crime Index for 60601

      171

      High Crime Index
      171

      The crime index in 60601 is 171, which is 1.7 times higher than national average.

    • Seasonal Housing units 60601

      63%

      of housing is for seasonal rent.

      Daytime Population for 60601

      +412%

      of people during work hours.

    Market Trends

    Historical market data near 174 Michigan Ave over selected time period.

    Nearby Properties on Michigan Ave

    USAILCook CountyChicagoMichigan Ave