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Commercial > Retail
Sold
11/16/2016
Sold Price
$659,000$194/ft²

2411 Michigan Ave 1518
Chicago, IL 60616

  • -
    Bed
  • -
    Bath
  • 3,400
    ft²
    Living Area
  • 5,215
    ft²
    Lot Size
  • -
    Pool
  • -
    Car
  • 1903
    Year Built
  • -
    DOM
  • 4
    Permits
2411 Michigan Ave 1518, Chicago, IL 60616 is a 3,400 ft² commercial retail property property built in 1903 on a 0.120 acre lot with 4 construction permits. This commercial retail property is currently off market, and it was last sold in 2016 for $659,000.

    Permits

    2411 Michigan Ave 1518 has 4 permit records of total value of $68,901.

    Permit History
    4
    Permits
    $68,901
    Total Permit Value
    July 14, 2017
    Description: Per dept of health request, install 3 compartment sink & hand sink, per code and with approved material, subject to field inspectionJob Value: $3,500Status: issuedType: Easy permit processBusiness Name: Priority Plumbing INC; Robert NolterApplicant: Row 24, LLCFees: $225Effective Date: 2017-07-14Permit Number: 100715381
    March 24, 2017
    Description: Revision to permit # 100657078 to change plumbing contractor to broderick & sons plumbing corpJob Value: $1Status: issuedType: Easy permit processBusiness Name: Broderick & Sons Plumbing Corp; GMP Development LLCApplicant: 2411 S. Michigan, LLCFees: $75Effective Date: 2017-03-24Permit Number: 100697219
    December 27, 2016
    Description: Interior & exterior alterations to an existing 1 story masonry building with mezzanine to convert to private event space per plans. Removal of 1 skylight on upper roof & infill with new roof patch & repair historic brick and existing roofs. New storefront per plansJob Value: $65,000Status: issuedType: Renovation/alterationBusiness Name: GMP Development LLC; L&S Masonry Incoporated; Palos Electric Company INC; Robert NolterApplicant: 2411 S. Michigan, LLCFees: $2,204Effective Date: 2016-12-27Permit Number: 100657078
    January 14, 2010
    Description: Low voltage cables for telephones 8 locations friends of todd stroeger 312-842-5434 floor 1 n1655653383 temporary for electionJob Value: $400Status: issuedType: Electric wiringBusiness Name: Illinois Bell / At&tFees: $50Effective Date: 2010-01-14Permit Number: 100326303

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$47,038.08
      From latest Total Assessed Value20.17%
      Total Assessed Value$233,218
      =
      Land
      Assessed Value      $65,187
      +
      Additions
      Assessed Value      $168,031

      • In 2021, taxes billed for 2411 Michigan Ave 1518 were $47,038.08, which is 20.17% from latest Total Assessed Value of $233,218.

    Property History

    2411 Michigan Ave 1518 has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 2411 Michigan Ave 1518

    • Hazard Risks

      Tornado
      210
      Wind
      156
      Hail
      152
      Particulates
      135
      Weather
      108
      Ozone
      104
      Carb Mono
      102
      Air Pollution
      101
      Nat'l Avg
      100
      Lead
      54
      Earthquake
      45
      Hurricane
      14

      • 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 2411 Michigan Ave 1518.

      Walkability Index

      17 /20

      Very Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      2411 Michigan Ave 1518 has a walkability score of 17 out of 20, which means that it is in a very 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 2411 Michigan Ave 1518, 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 2411 Michigan Ave 1518

      Public Schools

      Drake Elementary School
      Grades: PK-8
      0.47  mi
      C
      Phillips Academy High School
      Grades: 9-12
      1.70  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 2411 Michigan Ave 1518 have ratings undefined, and undefined.

    Neighborhood

    This property is located in South Loop Near South Side, Chicago, IL 60616.

    • Region

      • Boundary map of South Loop / Near South Side.

      Crime Index for 60616

      143

      Above national average
      143

      The crime index in 60616 is 143, which is 1.4 times higher than national average.

    • Seasonal Housing units 60616

      8%

      of housing is for seasonal rent.

      Daytime Population for 60616

      +12%

      of people during work hours.

    Market Trends

    Historical market data near 2411 Michigan Ave 1518 over selected time period.

    Nearby Properties on Michigan Ave

    USAILCook CountyChicagoMichigan Ave