Commercial > Hospitality
Sold
06/04/2014
Sold Price
$4,973,500$995/ft²
228 Ontario St
Chicago, IL 60611
- -Bed
- -Bath
- 5,000ft²Living Area
- 2,400ft²Lot Size
- -Pool
- -Car
- 1881Year Built
- -DOM
- 20Permits
228 Ontario St, Chicago, IL 60611 is a 5,000 ft² commercial hospitality property property built in 1881 on a 0.055 acre lot with 20 construction permits. This commercial hospitality property is currently off market, and it was last sold in 2014 for $4,973,500.
Permits
228 Ontario St has 20 permit records of total value of $9,968,128.
Permit History
20
Permits
$9,968,128
Total Permit Value
January 25, 2023
Description: Replacement of hoist cables on two(2) 3500lb capacity 21-floor 500fpm passenger elevators(b & r) and one(1) 4000lb capacity 22-floor 500fpm passenger elevator(g) pursuant to the scope of work submitted.(100654401) 3 elevatorsJob Value: $10,000Status: issuedType: Elevator equipmentBusiness Name: Kone Elevator CompanyApplicant: Marriott Autograph StreetervilleFees: $870Effective Date: 2023-01-25Permit Number: 101003384
October 20, 2021
Description: Erect one (1) scaffold date 10/20/2021 through 10/20/2022Job Value: $111Status: issuedType: ScaffoldingBusiness Name: Central Building & Preservatio; Central Building PreservationApplicant: C/o Cindy Herzog Smashotels Chicago LLCFees: $150Effective Date: 2021-10-20Permit Number: 100945204
August 4, 2021
Description: Replacement of traction machine on one(1) 3000lb capacity 4-floor 150fpm passenger elevator pursuant to the scope of work submitted.(100654401) car #4Job Value: $40,000Status: issuedType: Elevator equipmentBusiness Name: Kone Elevator CompanyApplicant: Marriott Autograph StreetervilleFees: $510Effective Date: 2021-08-04Permit Number: 100934041
January 28, 2020
Description: Exterior installation of steel & glass canopy at the 1st floor of an existing hotel as per plans. (structural peer review)Job Value: $125,000Status: issuedType: Renovation/alterationBusiness Name: John Lyle & Associates; KOO JAH HEE; Landmark Construction SystemsApplicant: Smashotels Chicago LLCFees: $1,050Effective Date: 2020-01-28Permit Number: 100846384
January 7, 2020
Description: Extend existing circuits on 1st floor to exterior canopy for lighting and heatersJob Value: $1Status: issuedType: Electric wiringBusiness Name: Gibson Electric CO INCFees: $225Effective Date: 2020-01-07Permit Number: 100857390
November 5, 2018
Description: Installation of (1) internally illuminated projecting sign to be mounted to the south building elevationJob Value: $4,500Status: issuedType: SignsBusiness Name: Doyle Sigins INCApplicant: Smash Hotels Smash HotelsFees: $600Effective Date: 2018-11-05Permit Number: 100685499
May 10, 2017
Description: (direct developer services) revision to permit# 100630723 to include layout modifications to the office and back of house areas on the lower level and ground floor new employee locker room on the 3rd floor modifications to the 3rd floor terrace and green wall landscaping tree irrigation at the street level revisions to the door & wall ratings at the 3rd floor office suite and modifications to the equipment in the 2nd floor pantry in an existing hotel as per plansJob Value: $63,000Status: issuedType: New constructionBusiness Name: Gibson Electric CO INC; James P O'sullivan; John Lyle & Associates; KOO JAH HEEApplicant: Smashotels Chicago, LLCFees: $2,075Effective Date: 2017-05-10Permit Number: 100685184
April 7, 2017
Description: Install new cab interiors on three (3) traction passnger elevators. Elevators #b & #r 3500lb.cap 21 floors #g 4000lb.cap 22 floors. Pursuant to the scope of work submitted.100654401Job Value: $39,000Status: issuedType: Elevator equipmentBusiness Name: Urban Elevator Service LLCApplicant: Smash HotelsFees: $1,770Effective Date: 2017-04-07Permit Number: 100699161
March 24, 2017
Description: Installation of (1) internally illuminated channel letter set to be mounted to the south building elevation. Sign to be mounted to the face of the canopyJob Value: $3,600Status: issuedType: SignsBusiness Name: Doyle Sigins INCApplicant: Smash Hotels Smash HotelsFees: $250Effective Date: 2017-03-24Permit Number: 100685512
January 25, 2017
Description: Installation of (1) internally illuminated cabinet sign to be mounted to the south building elevationJob Value: $3,600Status: issuedType: SignsBusiness Name: Doyle Sigins INCApplicant: Smash Hotels Smash HotelsFees: $300Effective Date: 2017-01-25Permit Number: 100685502
August 24, 2016
Description: Voice data cabling cameras , install digital signage system background music system and conference room av systems for autograph hotelJob Value: $790,714Status: issuedType: Electric wiringBusiness Name: REX Elect & Technologies LLCFees: $225Effective Date: 2016-08-24Permit Number: 100666414
August 17, 2016
Description: Installation of one (1) 2-stop matot dumbwaiter. Pursuant to the plans submittedJob Value: $58,600Status: issuedType: Elevator equipmentBusiness Name: Chicago Elevator & Lift INCApplicant: Autograph HotelFees: $225Effective Date: 2016-08-17Permit Number: 100665106
June 9, 2016
Description: Installation of (1) 3000# cap gearless passenger elevator (#4 car) serving 4 floors; installtion of (2) 3500# cap gearless passenger elevators (r & b cars) serving 21 floors; installtion of (1) 4000# cap gearless passenger elevator (g car) serving 22 floors. Installations to be made in compliance with 2010 city of chicago elevator codeJob Value: $1,650,000Status: issuedType: Elevator equipmentBusiness Name: Kone Elevator CompanyApplicant: Smash HotelsFees: $2,840Effective Date: 2016-06-09Permit Number: 100654401
June 1, 2016
Description: Installation of one (1) 6000lb.cap. Raxtar 20-floor personnel hoist. Pursuant to plans submitted for elevator permitJob Value: $60,000Status: issuedType: Elevator equipmentBusiness Name: Safway Atlantic LLCApplicant: Jeff Solomom Ecd CompanyFees: $1,380Effective Date: 2016-06-01Permit Number: 100652826
June 1, 2016
Description: Installation and operation of a temporary construction hoist: raxtar single car (6, 000 lbs capacity) hoist tower as per plansJob Value: $60,000Status: issuedType: New constructionBusiness Name: Kohout Christopher; Pepper Construction CompanyApplicant: Jeff Solomon Ecd CompanyFees: $525Effective Date: 2016-06-01Permit Number: 100640412
January 13, 2016
Description: New construction of a 22 story 195 guestroom hotel with one (1) level of basement on caissonsStatus: issuedType: New constructionBusiness Name: James P O'sullivan; John Lyle & Associates; Kelso Burnett CO; KOO JAH HEE; State Mechanical ServicesApplicant: Smashotels Chicago LLCFees: $74,637Effective Date: 2016-01-13Permit Number: 100630723
October 28, 2015
Description: Temporary service for new high rise buildingJob Value: $1Status: issuedType: Electric wiringBusiness Name: Gibson Electric CO INCFees: $100Effective Date: 2015-10-28Permit Number: 100620537
October 5, 2015
Description: Change of electrical contractor to gibson electric CO inc building permit #100613811Job Value: $1Status: issuedType: Electric wiringBusiness Name: Gibson Electric CO INCFees: $50Effective Date: 2015-10-05Permit Number: 100617204
September 14, 2015
Description: Foundation only for a twenty-one 195 room hotel with basement and associated site wrok as per plansJob Value: $7,000,000Status: issuedType: New constructionBusiness Name: James P O'sullivan; John Lyle & Associates; Kelso Burnett CO; KOO JAH HEEApplicant: Smashotels Chicago LLCFees: $4,860Effective Date: 2015-09-14Permit Number: 100613811
August 26, 2015
Description: Phase 1 foundation design for the installation and operation of a manitowoc mr415 temporary tower crane as per plansJob Value: $60,000Status: issuedType: New constructionBusiness Name: Kohout Christopher; Pepper Construction CompanyApplicant: Jeff SolomonFees: $375Effective Date: 2015-08-26Permit Number: 100594179
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$302,673.47From latest Total Assessed Value20.11%Total Assessed Value$1,505,158=Land+
Assessed Value$195,000Additions
Assessed Value$1,310,158
In 2021, taxes billed for 228 Ontario St were $302,673.47, which is 20.11% from latest Total Assessed Value of $1,505,158.
Property History
228 Ontario St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 228 Ontario St
Hazard Risks
Tornado201Wind157Hail142Particulates133Weather104Carb Mono103Nat'l Avg100Air Pollution100Ozone99Lead53Earthquake47Hurricane12
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 228 Ontario St.
Walkability Index
14 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
228 Ontario St has a walkability score of 14 out of 20, which means that it is in a somewhat 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 228 Ontario St, temperatures range from 20.11°F to 34.01°F with an average of 27.06°F. In the summer, the temperature ranges from 62.78°F to 80.75°F with and average of 71.77°F.
School Information
Public/private schools serving 228 Ontario St
Public Schools
Ogden Elementary School
Grades: KG-8
0.60 mi
D+
Wells Community Academy High School
Grades: 9-12
2.44 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 228 Ontario St have ratings undefined, and undefined.
Neighborhood
This property is located in Near North Side, Chicago, IL 60611.
Seasonal Housing units 60611
45%of housing is for seasonal rent.
Daytime Population for 60611
+155%of people during work hours.
Boundary map of Near North Side.
Crime Index for 60611
176
176
The crime index in 60611 is 176, which is 1.8 times higher than national average.
Market Trends
Historical market data near 228 Ontario St over selected time period.
Nearby Properties on Ontario St
- 411 W Ontario St #Apt 711, Chicago, IL 60654 (River North) is a 1.31 acre property. It was built in 1935 and has an estimate of $393,309.
- 411 W Ontario St #Apt 419, Chicago, IL 60654 (River North) is a 2 bedroom and 1.31 acre property. It was built in 1935 and has an estimate of $474,582.
- 411 W Ontario St #Apt 208, Chicago, IL 60654 (River North) is a 1.31 acre property. It was built in 1935 and has an estimate of $518,441.
- 411 W Ontario St #Apt 422, Chicago, IL 60654 (River North) is a 2 bedroom and 1.31 acre property. It was built in 1935 and has an estimate of $470,535.
- 411 W Ontario St #Apt 616, Chicago, IL 60654 (River North) is a 1.31 acre property. It was built in 1935 and has an estimate of $338,448.
- 411 W Ontario St #Apt 520, Chicago, IL 60654 (River North) is a 1.31 acre property. It was built in 1935 and has an estimate of $423,569.
- 411 W Ontario St #Apt 529, Chicago, IL 60654 (River North) is a 1,564 square foot, 2 bedroom, 2 bathroom, 0.04 acre property. It was built in 1935 and has an estimate of $608,794 with a price per ft² of $389.
- 33 W Ontario St # P8n07, Chicago, IL 60654 (River North) is a 0.85 acre property.
- 33 W Ontario St #Apt 52b, Chicago, IL 60654 (River North) is a 0.85 acre property. It was built in 2001 and has an estimate of $842,164.
- 10 E Ontario St #Apt 3212, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property. It was built in 1981 and has an estimate of $291,600.
- 10 E Ontario St #Apt 2308, Chicago, IL 60611 (Ontario Place) is a 800 square foot, 1 bedroom, 1 bathroom, 1.09 acre property. It was built in 1981 and has an estimate of $295,024 with a price per ft² of $369.
- 401 E Ontario St #Apt 1002, Chicago, IL 60611 (Streeterville) is a 2 bedroom, 2 bathroom, 0.84 acre property. It was built in 1962 and has an estimate of $372,671.
- 10 E Ontario St #Apt 1306, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property. It was built in 1981 and has an estimate of $218,053.
- 10 E Ontario St # P-N616, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property.
- 10 E Ontario St # P-N626, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property.
- 10 E Ontario St # P-S211, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property.
- 10 E Ontario St # P-S623, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property.
- 10 E Ontario St # P-S808, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property.
- 10 E Ontario St # P-S505, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property.
- 10 E Ontario St #Apt 910, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property. It was built in 1981 and has an estimate of $237,631.
- 10 E Ontario St #Apt 3101, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property. It was built in 1981 and has an estimate of $247,094.
- 10 E Ontario St #Apt 901, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property. It was built in 1981 and has an estimate of $243,453.
- 10 E Ontario St #Apt 3504, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property. It was built in 1981 and has an estimate of $278,600.
- 33 W Ontario St # P9c16, Chicago, IL 60654 (River North) is a 0.85 acre property.
- 10 E Ontario St #Apt 2108, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property. It was built in 1981 and has an estimate of $278,878.
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