Commercial > Multi-family / Apartments
Sold
09/24/2021
Sold Price
$11,600,000$--/ft²
2242 Princeton Ave
Chicago, IL 60616
- -Bed
- -Bath
- -Living Area
- 0.5acLot Size
- -Pool
- -Car
- 1952Year Built
- -DOM
- 6Permits
2242 Princeton Ave, Chicago, IL 60616 is a multi-family/apartments property built in 1952 on a 0.538 acre lot with 6 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2021 for $11,600,000.
Permits
2242 Princeton Ave has 6 permit records of total value of $103,000.
Permit History
6
Permits
$103,000
Total Permit Value
January 12, 2022
Description: Installation of one(1) 7000lb capacity 8-floor rack & pinion construction elevator pursuant to the scope of work plans submittedStatus: issuedType: Elevator equipmentBusiness Name: USA Hoist CorporationApplicant: Jonathon Rose Companies Inc Rahf Iv Archer Courts LLCFees: $750Effective Date: 2022-01-12Permit Number: 100955103
December 15, 2021
Description: *** hoist permit*** single 7000lb rack and pinion elevatorJob Value: $92,000Status: issuedType: New constructionBusiness Name: Structures Construction LLC; Tinder Joseph BApplicant: Peter CondichFees: $525Effective Date: 2021-12-15Permit Number: 100941020
October 13, 2021
Description: Replace hoist ropes on passenger elevator subject to city of chicago dept. Of buildings elevator bureau inspection (ev018463)Job Value: $8,000Status: issuedType: Elevator equipmentBusiness Name: MID American ElevatorApplicant: East Lake ManagementFees: $150Effective Date: 2021-10-13Permit Number: 100944089
January 23, 2020
Description: 2017 fire service upgade mandate on one (1) 2000lb.cap 7-flor geared traction passenger elevator. Pursuant to the scope of work submitted.ev018463Job Value: $3,000Status: issuedType: Elevator equipmentBusiness Name: MID American Elevator CO INCApplicant: Archer CourtsFees: $405Effective Date: 2020-01-23Permit Number: 100859507
July 20, 2012
Description: Replace three roof top unitsStatus: issuedType: Easy permit processBusiness Name: Froggy's Heating & CoolingApplicant: Archer Court Apartments/east Lake ManagementFees: $200Effective Date: 2012-07-20Permit Number: 100450193
July 19, 2012
Description: Replace three existing rooftop units with two carrier 15 ton serving common areas and one carrier 3 ton serving the elevator equipment room air cooled self contained r22 located on the roofStatus: issuedType: Easy permit processBusiness Name: Froggy's Heating & CoolingApplicant: Archer Court Apartments/east Lake ManagementFees: $600Effective Date: 2012-07-19Permit Number: 100450086
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$29,798.03From latest Total Assessed Value20.11%Total Assessed Value$148,182=Land+
Assessed Value$117,265Additions
Assessed Value$30,917
In 2021, taxes billed for 2242 Princeton Ave were $29,798.03, which is 20.11% from latest Total Assessed Value of $148,182.
Property History
2242 Princeton Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 2242 Princeton Ave
Hazard Risks
Tornado210Wind156Hail152Particulates135Weather108Ozone104Carb Mono102Air Pollution101Nat'l Avg100Lead54Earthquake45Hurricane14
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 2242 Princeton Ave.
Walkability Index
18 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
2242 Princeton Ave 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
63°F
High
81°F
In the winter at 2242 Princeton Ave, temperatures range from 20.14°F to 34.14°F with an average of 27.14°F. In the summer, the temperature ranges from 62.66°F to 80.87°F with and average of 71.77°F.
School Information
Public/private schools serving 2242 Princeton Ave
Public Schools
Haines Elementary School
Grades: PK-8
0.15 mi
A
Phillips Academy High School
Grades: 9-12
2.03 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 2242 Princeton Ave have ratings undefined, and undefined.
Neighborhood
This property is located in Chinatown, Chicago, IL 60616.
Seasonal Housing units 60616
8%of housing is for seasonal rent.
Daytime Population for 60616
+12%of people during work hours.
Boundary map of Chinatown.
Crime Index for 60616
143
143
The crime index in 60616 is 143, which is 1.4 times higher than national average.
Market Trends
Historical market data near 2242 Princeton Ave over selected time period.
Nearby Properties on Princeton Ave
- 6012 S Princeton Ave, Chicago, IL 60621 (Englewood) is a 2,150 square foot, 7 bedroom, 3 bathroom, 0.06 acre property.
- 6157 S Princeton Ave, Chicago, IL 60621 (Englewood) is a 0.01 acre property.
- 6159 S Princeton Ave, Chicago, IL 60621 (Englewood) is a 800 square foot and 0.07 acre property.
- 8804 S Princeton Ave, Chicago, IL 60620 (Chatham) is a 2,058 square foot, 3 bedroom, 2 bathroom, 0.07 acre property. It was built in 1890 and has an estimate of $180,425 with a price per ft² of $88.
- 8805 S Princeton Ave, Chicago, IL 60620 (Chatham) is a 969 square foot, 3 bedroom, 2.25 bathroom, 0.11 acre property. It was built in 1972 and has an estimate of $112,933 with a price per ft² of $117.
- 8815 S Princeton Ave, Chicago, IL 60620 (Chatham) is a 969 square foot, 4 bedroom, 2.25 bathroom, 0.07 acre property. It was built in 1969 and has an estimate of $70,487 with a price per ft² of $73.
- 5349 S Princeton Ave # 1, Chicago, IL 60609 (Fuller Park) is a 2,352 square foot, 5 bedroom, 2 bathroom, 0.1 acre property.
- 4449 S Princeton Ave, Chicago, IL 60609 (Fuller Park) is a 0.07 acre property.
- 4436 S Princeton Ave, Chicago, IL 60609 (Fuller Park) is a 0.06 acre property.
- 4432 S Princeton Ave, Chicago, IL 60609 (Fuller Park) is a 0.06 acre property.
- 9624 S Princeton Ave, Chicago, IL 60628 (Blanche B. Gays) is a 1,680 square foot, 3 bedroom, 2 bathroom, 0.08 acre property. It was built in 1956 and has an estimate of $190,262 with a price per ft² of $113.
- 10036 S Princeton Ave, Chicago, IL 60628 (Fernwood) is a 1,064 square foot, 3 bedroom, 2.25 bathroom, 0.07 acre property. It was built in 1967 and has an estimate of $201,428 with a price per ft² of $189.
- 10044 S Princeton Ave, Chicago, IL 60628 (Fernwood) is a 964 square foot, 3 bedroom, 1 bathroom, 0.07 acre property. It was built in 1933 and has an estimate of $180,048 with a price per ft² of $187.
- 10048 S Princeton Ave, Chicago, IL 60628 (Fernwood) is a 964 square foot, 2 bedroom, 1 bathroom, 0.07 acre property. It was built in 1932 and has an estimate of $179,775 with a price per ft² of $186.
- 10050 S Princeton Ave, Chicago, IL 60628 (Fernwood) is a 1,007 square foot, 2 bedroom, 1 bathroom, 0.07 acre property. It was built in 1966 and has an estimate of $192,930 with a price per ft² of $192.
- 10052 S Princeton Ave, Chicago, IL 60628 (Fernwood) is a 1,040 square foot, 3 bedroom, 1 bathroom, 0.07 acre property. It was built in 1969 and has an estimate of $200,897 with a price per ft² of $193.
- 12604 S Princeton Ave, Chicago, IL 60628 (West Pullman) is a 1,133 square foot, 3 bedroom, 1 bathroom, 0.1 acre property. It was built in 1957 and has an estimate of $220,750 with a price per ft² of $195.
- 10244 S Princeton Ave, Chicago, IL 60628 (Fernwood) is a 1,040 square foot, 3 bedroom, 1 bathroom, 0.08 acre property. It was built in 1962 and has an estimate of $114,790 with a price per ft² of $110.
- 10238 S Princeton Ave, Chicago, IL 60628 (Fernwood) is a 1,040 square foot, 2 bedroom, 1 bathroom, 0.07 acre property. It was built in 1959 and has an estimate of $118,475 with a price per ft² of $114.
- 10236 S Princeton Ave, Chicago, IL 60628 (Fernwood) is a 1,040 square foot, 3 bedroom, 1 bathroom, 0.07 acre property. It was built in 1964 and has an estimate of $120,679 with a price per ft² of $116.
- 10245 S Princeton Ave, Chicago, IL 60628 (Fernwood) is a 1,020 square foot, 2 bedroom, 1 bathroom, 0.07 acre property. It was built in 1963 and has an estimate of $117,101 with a price per ft² of $115.
- 12600 S Princeton Ave, Chicago, IL 60628 (West Pullman) is a 1,008 square foot, 2 bedroom, 1 bathroom, 0.11 acre property. It was built in 1952 and has an estimate of $140,913 with a price per ft² of $140.
- 12608 S Princeton Ave, Chicago, IL 60628 (West Pullman) is a 1,104 square foot, 3 bedroom, 1 bathroom, 0.1 acre property. It was built in 1957 and has an estimate of $228,000 with a price per ft² of $207.
- 12612 S Princeton Ave, Chicago, IL 60628 (West Pullman) is a 1,104 square foot, 3 bedroom, 1 bathroom, 0.1 acre property. It was built in 1952 and has an estimate of $228,000 with a price per ft² of $207.
- 12614 S Princeton Ave, Chicago, IL 60628 (West Pullman) is a 1,104 square foot, 3 bedroom, 2.25 bathroom, 0.1 acre property. It was built in 1957 and has an estimate of $202,500 with a price per ft² of $183.
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