Commercial > Multi-family / Apartments
Sold
09/13/2017
Sold Price
$38,625,000$--/ft²
2701 Indiana Ave
Chicago, IL 60616
- -Bed
- -Bath
- -Living Area
- 0.5acLot Size
- -Pool
- -Car
- 1971Year Built
- -DOM
- 31Permits
2701 Indiana Ave, Chicago, IL 60616 is a multi-family/apartments property built in 1971 on a 0.451 acre lot with 31 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2017 for $38,625,000.
Permits
2701 Indiana Ave has 31 permit records of total value of $2,937,696.
Permit History
31
Permits
$2,937,696
Total Permit Value
February 3, 2022
Description: Replace load centers only (no load change) and use existing circuits for (8) units #401, 604, 605, 1205, 1307, 1602, 1608, 1702Job Value: $7,200Status: issuedType: Electric wiringBusiness Name: Superior ONE Electric INCFees: $75Effective Date: 2022-02-03Permit Number: 100957589
November 29, 2021
Description: Replace load centers only (no load change) and use existing circuits for 2 units #2110 & #204Job Value: $1,500Status: issuedType: Electric wiringBusiness Name: Superior ONE Electric INCFees: $75Effective Date: 2021-11-29Permit Number: 100950189
November 4, 2021
Description: Replace existing glass block windows on north and south facades with new glass windows same opening (all same as existing)Job Value: $93,440Status: issuedType: Easy permit processBusiness Name: Clarion Construction IncorporApplicant: Thc Yt LLC C/o the Habitat CompanyFees: $175Effective Date: 2021-11-04Permit Number: 100947263
November 3, 2021
Description: Replace load centers only (no load change) and use existing circuits for 4 units # 503 601 1212 & 2012Job Value: $3,200Status: issuedType: Electric wiringBusiness Name: Superior ONE Electric INCFees: $75Effective Date: 2021-11-03Permit Number: 100947305
October 15, 2021
Description: Replace load centers only (no load change) and use existing circuits for 3 units 302 1907 412Job Value: $1,500Status: issuedType: Electric wiringBusiness Name: Superior ONE Electric INCFees: $75Effective Date: 2021-10-15Permit Number: 100944498
October 15, 2021
Description: Replace load centers (no load change) and use existing circuits for (3) units t3 117 213Job Value: $1,500Status: issuedType: Electric wiringBusiness Name: Superior ONE Electric INCFees: $75Effective Date: 2021-10-15Permit Number: 100944499
September 13, 2021
Description: Replace load centers only (no load change) and use existing circuits for (3) units 1102 1603 & 1804Job Value: $2,500Status: issuedType: Electric wiringBusiness Name: Superior ONE Electric INCFees: $75Effective Date: 2021-09-13Permit Number: 100939468
August 23, 2021
Description: Replace load centers (no load change) and use existing circuits for (2) units 104 and 108Job Value: $2,000Status: issuedType: Electric wiringBusiness Name: Superior ONE Electric INCFees: $75Effective Date: 2021-08-23Permit Number: 100936610
August 2, 2021
Description: Replace load centers (no load change) and use existing circuits for (3) units 102 103 and 112Job Value: $2,400Status: issuedType: Electric wiringBusiness Name: Superior ONE Electric INCFees: $75Effective Date: 2021-08-02Permit Number: 100933443
August 2, 2021
Description: Replace load centers (no load change) use existing circuits for (8) units; #203, 607, 706, 801, 807, 903 1012 & 1512Job Value: $6,400Status: issuedType: Electric wiringBusiness Name: Superior ONE Electric INCFees: $225Effective Date: 2021-08-02Permit Number: 100933448
June 18, 2021
Description: Replace horizontal hot cold & return domestic water lines; replace risers p3 & p12 on floors 2 to 21 along with hot water express riser. Replace branch piping in units 03, 04, 11, 12 & connect to new risers p3 & p12 also replace shower valves lav.& kitchen sink faucets on these risers from floors 2 to 5; patch and repair drywall for associated areas (no other work)Status: issuedType: Easy permit processBusiness Name: James Mchugh Construction CO; Titan Mechanical CorpApplicant: Norbert GlodFees: $3,650Effective Date: 2021-06-18Permit Number: 100927480
December 16, 2020
Description: Remove and replace existing vertical damaged raceway with new to matchJob Value: $20,000Status: issuedType: Electric wiringBusiness Name: Sievert Electric Sales & ServiFees: $75Effective Date: 2020-12-16Permit Number: 100903076
October 15, 2019
Description: plumbing bathroom and kitchen faucet and kitchen sink replacement in 40 units of buildingsStatus: issuedType: Easy permit processApplicant: Crg ResidentialFees: $4,750Effective Date: 2019-10-15Permit Number: 100846154
January 2, 2019
Description: Replacement of bathroom vanity light fixture and kitchen under counter light fixtureJob Value: $13,930Status: issuedType: Electric wiringBusiness Name: JMS Electric INCFees: $75Effective Date: 2019-01-02Permit Number: 100799298
July 16, 2018
Description: 21-story 240 D.U. Replace rotted suspended kitchen waste piping at ground floor and mezzanine level and provide a new grease interceptor and associated underground waste pipingJob Value: $269,000Status: issuedType: Renovation/alterationBusiness Name: Bone Jeffrey C; Cecchin Plumbing; Construction Service Associate; Scandinavian Builders LTDApplicant: David BryanFees: $2,638Effective Date: 2018-07-16Permit Number: 100764454
April 19, 2018
Description: Replace roof (no mep) (no structural work)- all work same as existing; subject to field inspectionsJob Value: $910,950Status: issuedType: Easy permit processApplicant: the Habitat CompanyFees: $525Effective Date: 2018-04-19Permit Number: 100757783
April 18, 2018
Description: All elevations repair/replace concrete 1500 sq. Ft repair/replace seal cracks 5000 linear FT only; subject to field inspectionsJob Value: $892,189Status: issuedType: Easy permit processBusiness Name: Construction Service Associate; LS Contracting GroupApplicant: Norbert GlodFees: $550Effective Date: 2018-04-18Permit Number: 100757628
April 18, 2018
Description: Erect three scaffolds from 04/30/2018 to 04/30/2019Job Value: $1Status: issuedType: ScaffoldingFees: $450Effective Date: 2018-04-18Permit Number: 100757483
March 20, 2018
Description: Replace gfi, sJob Value: $2,000Status: issuedType: Electric wiringBusiness Name: Michael SloanFees: $75Effective Date: 2018-03-20Permit Number: 100752568
June 28, 2016
Description: Erect 3 scaffolds 7-18-16 to 7-18-17Job Value: $1Status: issuedType: ScaffoldingApplicant: York Terrace Apartments, LLCFees: $450Effective Date: 2016-06-28Permit Number: 100657363
June 28, 2016
Description: 100 sqft concrete patching before caulking and paintJob Value: $35,000Status: issuedType: Easy permit processBusiness Name: William Hach & Associates INCApplicant: Pinnacle Property ManagementFees: $525Effective Date: 2016-06-28Permit Number: 100657345
September 15, 2015
Description: Alteration of existing 1st and 2nd floor spaces in an existing high-rise apartment building - work includes renovation to storage area and maintenance room on the 2nd floor new exercise room on the 1st floor and alteration to the entrance vestibule - area of work 3081 sqfJob Value: $376,860Status: issuedType: Renovation/alterationBusiness Name: Angelini Bradford L; Chicago Building Consulting SE; Clarion Construction IncorporApplicant: Cmif York Terrace LLCFees: $1,818Effective Date: 2015-09-15Permit Number: 100581362
July 10, 2015
Description: Erect 1 skyclimber scaffold from 7/20/2015 to 7/20/2016Job Value: $1Status: issuedType: ScaffoldingApplicant: York Terrace ApartmentsFees: $100Effective Date: 2015-07-10Permit Number: 100604272
April 23, 2015
Description: Install additional emergency lights as required by city inspectorJob Value: $3,000Status: issuedType: Electric wiringBusiness Name: Lumen Electric INCFees: $50Effective Date: 2015-04-23Permit Number: 100591308
April 22, 2015
Description: Installation of one-way & two-way voice communication system per sect.#13-196-204. 1-21+ph fls. No elevator re-call is part of the scope. Ck#15303;$500.00Status: issuedType: Electric wiringBusiness Name: Lumen Electric INCFees: $50Effective Date: 2015-04-22Permit Number: 100553329
March 18, 2014
Description: Installation of low voltage burglar alarm # 4000-58804-01 resi apartment 102Job Value: $149Status: issuedType: Electric wiringBusiness Name: ADT LLCFees: $50Effective Date: 2014-03-18Permit Number: 100520146
June 3, 2013
Description: Erect 1 altrex scaffold from 6/3/2013 to 6/3/2014Job Value: $1Status: issuedType: ScaffoldingApplicant: York Terrace ApartmentsFees: $100Effective Date: 2013-06-03Permit Number: 100493581
December 18, 2012
Description: Installation of low voltage burglar alarm # 339-04684-01 resiJob Value: $374Status: issuedType: Electric wiringBusiness Name: ADT INCFees: $50Effective Date: 2012-12-18Permit Number: 100471064
August 1, 2012
Description: Low voltage elevator recall with smoke detectorsJob Value: $14,600Status: issuedType: Electric wiringBusiness Name: Chicago Metropolitan Fire PrevFees: $1,050Effective Date: 2012-08-01Permit Number: 100451971
April 4, 2012
Description: Modernize two(2) 2500lb.cap.350fpm, 21-stop traction passenger elevators. Including new;controllers, motors, gal door equiptment, traveling cables wiring. Pursuant to scope of work submittedJob Value: $278,000Status: issuedType: Elevator equipmentBusiness Name: Suburban Elevatordba SchindlerApplicant: York Terrace Apartments, LLCFees: $880Effective Date: 2012-04-04Permit Number: 100434307
November 20, 2008
Description: Erect one scaffolding: hang each prop with swingstage for architect and shift location as inspection progresses, 11/20/08 to 11/20/09. Subject to field inspectionStatus: issuedType: ScaffoldingBusiness Name: Trimac Restoration INCApplicant: the Habitat Co LLCFees: $100Effective Date: 2008-11-20Permit Number: 100268390
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$231,397.69From latest Total Assessed Value20.17%Total Assessed Value$1,147,286=Land+
Assessed Value$39,292Additions
Assessed Value$1,107,994
In 2021, taxes billed for 2701 Indiana Ave were $231,397.69, which is 20.17% from latest Total Assessed Value of $1,147,286.
Property History
2701 Indiana Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 2701 Indiana 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 2701 Indiana Ave.
Walkability Index
11 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
2701 Indiana Ave has a walkability score of 11 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 2701 Indiana 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 2701 Indiana Ave
Public Schools
Drake Elementary School
Grades: PK-8
0.40 mi
C
Phillips Academy High School
Grades: 9-12
1.35 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 2701 Indiana Ave have ratings undefined, and undefined.
Neighborhood
This property is located in South Side, 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 South Side.
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 2701 Indiana Ave over selected time period.
Nearby Properties on Indiana Ave
- 7638 S Indiana Ave, Chicago, IL 60619 (Grand Crossing) is a 924 square foot, 2 bedroom, 1 bathroom, 0.12 acre property. It was built in 1953 and has an estimate of $135,375 with a price per ft² of $147.
- 7626 S Indiana Ave, Chicago, IL 60619 (Grand Crossing) is a 1,492 square foot, 3 bedroom, 2.25 bathroom, 0.18 acre property. It was built in 1925 and has an estimate of $169,658 with a price per ft² of $114.
- 7646 S Indiana Ave, Chicago, IL 60619 (Grand Crossing) is a 1,104 square foot, 3 bedroom, 1 bathroom, 0.11 acre property. It was built in 1926 and has an estimate of $139,659 with a price per ft² of $127.
- 1638 S Indiana Ave #Unit 3, Chicago, IL 60616 (Kensington Park Condominiums) is a 2,591 square foot, 3 bedroom, 3.25 bathroom, 0.02 acre property. It was built in 2007 and has an estimate of $926,645 with a price per ft² of $358.
- 5628 S Indiana Ave, Chicago, IL 60637 (Washington Park) is a 2,044 square foot, 4 bedroom, 2 bathroom, 0.09 acre property.
- 5632 S Indiana Ave, Chicago, IL 60637 (Washington Park) is a 4,856 square foot, 10 bedroom, 4 bathroom, 0.09 acre property.
- 5640 S Indiana Ave, Chicago, IL 60637 (Washington Park) is a 0.16 acre property.
- 5618 S Indiana Ave, Chicago, IL 60637 (Washington Park) is a 2,044 square foot, 4 bedroom, 2.25 bathroom, 0.08 acre property. It was built in 1895 and has an estimate of $315,515 with a price per ft² of $154.
- 5612 S Indiana Ave, Chicago, IL 60637 (Washington Park) is a 1,836 square foot, 3 bedroom, 2 bathroom, 0.09 acre property. It was built in 1895 and has an estimate of $331,883 with a price per ft² of $181.
- 1722 S Indiana Ave, Chicago, IL 60616 (Kensington Park Condominiums) is a 2,754 square foot, 3 bedroom, 3.25 bathroom, 0.02 acre property. It was built in 2002 and has an estimate of $818,017 with a price per ft² of $297.
- 1726 S Indiana Ave, Chicago, IL 60616 (Kensington Park Condominiums) is a 2,598 square foot, 3 bedroom, 5.25 bathroom, 0.03 acre property. It was built in 2009 and has an estimate of $930,245 with a price per ft² of $358.
- 1728 S Indiana Ave, Chicago, IL 60616 (Kensington Park Condominiums) is a 2,598 square foot, 3 bedroom, 3.25 bathroom, 0.03 acre property. It was built in 2009 and has an estimate of $929,696 with a price per ft² of $358.
- 1732s S Indiana Ave, Chicago, IL 60616 (Kensington Park Condominiums) is a 2,866 square foot, 3 bedroom, 3.25 bathroom, 0.04 acre property. It was built in 2002 and has an estimate of $916,200 with a price per ft² of $320.
- 4451 S Indiana Ave #Apt 3s, Chicago, IL 60653 (Grand Boulevard) is a 0.15 acre property. It was built in 1899 and has an estimate of $408,794.
- 7112 S Indiana Ave, Chicago, IL 60619 (Grand Crossing) is a 1,520 square foot, 4 bedroom, 1 bathroom, 0.09 acre property. It was built in 1890 and has an estimate of $188,876 with a price per ft² of $124.
- 4709 S Indiana Ave, Chicago, IL 60615 (Grand Boulevard) is a 0.19 acre property. It was built in 2003 and has an estimate of $184,000.
- 1250 S Indiana Ave #Apt 411, Chicago, IL 60605 (Lakeside Park Condominiums) is a 0.86 acre property. It was built in 2003 and has an estimate of $324,646.
- 2035 S Indiana Ave #Apt 505, Chicago, IL 60616 (Prairie District) is a 0.9 acre property. It was built in 2005 and has an estimate of $307,500.
- 1250 S Indiana Ave # P-126, Chicago, IL 60605 (Lakeside Park Condominiums) is a 0.86 acre property.
- 1250 S Indiana Ave #Apt 1107, Chicago, IL 60605 (Lakeside Park Condominiums) is a 0.86 acre property. It was built in 2003 and has an estimate of $301,068.
- 1501 S Indiana Ave #Unit K, Chicago, IL 60605 (Harbor Square) is a 2.49 acre property. It was built in 1996 and has an estimate of $514,382.
- 1724 S Indiana Ave, Chicago, IL 60616 (Kensington Park Condominiums) is a 2,754 square foot, 3 bedroom, 3.25 bathroom, 0.02 acre property. It was built in 2009 and has an estimate of $939,705 with a price per ft² of $341.
- 1910 S Indiana Ave #Apt 414, Chicago, IL 60616 (Prairie District) is a 1,170 square foot, 2 bedroom, 2 bathroom, 0.03 acre property. It was built in 2005 and has an estimate of $329,900 with a price per ft² of $282.
- 2605 S Indiana Ave #Unit 709, Chicago, IL 60616 (Cambridge Manor) is a 800 square foot, 1 bedroom, 0.02 acre property. It was built in 1969 and has an estimate of $137,761 with a price per ft² of $172.
- 3112 S Indiana Ave, Chicago, IL 60616 (Douglas) is a 0.55 acre property.
- View more properties on Indiana Ave