Commercial > Multi-family / Apartments
Sold
09/13/2017
Sold Price
$38,625,000$--/ft²
2740 Prairie Ave
Chicago, IL 60616
- -Bed
- -Bath
- -Living Area
- 4.6acLot Size
- -Pool
- -Car
- 1971Year Built
- -DOM
- 18Permits
2740 Prairie Ave, Chicago, IL 60616 is a multi-family/apartments property built in 1971 on a 4.640 acre lot with 18 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2017 for $38,625,000.
Permits
2740 Prairie Ave has 18 permit records of total value of $2,581,099.
Permit History
18
Permits
$2,581,099
Total Permit Value
July 26, 2022
Description: Replace load centers (no load change) and use existing circuits for units 105 & 111Job Value: $2,000Status: issuedType: Electric wiringBusiness Name: Superior ONE Electric INCFees: $75Effective Date: 2022-07-26Permit Number: 100981824
April 6, 2022
Description: Replaceload centers (no load change) and use existing circuits for 5 units 107 114 201 208 & 210Job Value: $4,500Status: issuedType: Electric wiringBusiness Name: Superior ONE Electric INCFees: $75Effective Date: 2022-04-06Permit Number: 100965936
February 3, 2022
Description: Replace load centers (no load change) and use existing circuits for (5) units #107 114 120 201 210Job Value: $5,000Status: issuedType: Electric wiringBusiness Name: Superior ONE Electric INCFees: $75Effective Date: 2022-02-03Permit Number: 100957597
November 29, 2021
Description: Replace load centers (no load change) and use existing circuits for (2) units 116 & 205Job Value: $1,500Status: issuedType: Electric wiringBusiness Name: Superior ONE Electric INCFees: $75Effective Date: 2021-11-29Permit Number: 100950208
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
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
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
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
April 25, 2018
Description: Erect one scaffold from 04/30/2018 to 04/30/2019Job Value: $1Status: issuedType: ScaffoldingFees: $150Effective Date: 2018-04-25Permit Number: 100758659
April 25, 2018
Description: Tuckpointing - concrete repairs brick replacement lintels and sealantJob Value: $1,025,135Status: issuedType: Easy permit processBusiness Name: LS Contracting GroupApplicant: Norbert GlodFees: $550Effective Date: 2018-04-25Permit Number: 100758620
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
March 20, 2018
Description: Replace gfi, sJob Value: $900Status: issuedType: Electric wiringBusiness Name: Michael SloanFees: $75Effective Date: 2018-03-20Permit Number: 100752572
September 15, 2015
Description: alteration to an existing low-rise apartment building - work includes renovation to common space used by apartment residents for a new kitchenette and a computer lab. Also included will be enclosure of an existing open pass-way to create a laundry room to be used by the apartment residents. Area of work: 2788 sqf. Permit was issued with the incorrect address of 2740 s. Indiana. Address was corrected on 3/11/16Job Value: $434,850Status: issuedType: Renovation/alterationBusiness Name: Angelini Bradford L; Chicago Building Consulting SE; Clarion Construction IncorporApplicant: Cmif York Terrace LLCFees: $2,740Effective Date: 2015-09-15Permit Number: 100581370
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
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 evevator recall with smoke detectorsJob Value: $7,400Status: issuedType: Electric wiringBusiness Name: Chicago Metropolitan Fire PrevFees: $150Effective Date: 2012-08-01Permit Number: 100451963
April 4, 2012
Description: Modernize one (1) 2500lb.cap.100fpm, 3-stop hydraulic passenger elevator. Including new controller tanks unit gal door equipment fixtures, traveling cables and wiring. Pursuant to scope of work submittedJob Value: $89,000Status: issuedType: Elevator equipmentBusiness Name: Suburban Elevatordba SchindlerFees: $200Effective Date: 2012-04-04Permit Number: 100434310
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$262,889.12From latest Total Assessed Value20.17%Total Assessed Value$1,303,423=Land+
Assessed Value$404,660Additions
Assessed Value$898,763
In 2021, taxes billed for 2740 Prairie Ave were $262,889.12, which is 20.17% from latest Total Assessed Value of $1,303,423.
Property History
2740 Prairie Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 2740 Prairie 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 2740 Prairie Ave.
Walkability Index
11 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
2740 Prairie 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 2740 Prairie 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 2740 Prairie Ave
Public Schools
Drake Elementary School
Grades: PK-8
0.38 mi
C
Phillips Academy High School
Grades: 9-12
1.31 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 2740 Prairie 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 2740 Prairie Ave over selected time period.
Nearby Properties on Prairie Ave
- 4848 S Prairie Ave # 2n, Chicago, IL 60615 (Grand Boulevard) is a 2 bedroom, 2 bathroom, 0.19 acre property. It was built in 1896 and has an estimate of $190,500.
- 12018 S Prairie Ave, Chicago, IL 60628 (West Pullman) is a 600 square foot, 2 bedroom, 1 bathroom, 0.08 acre property. It was built in 1910 and has an estimate of $102,982 with a price per ft² of $172.
- 10112 S Prairie Ave, Chicago, IL 60628 (Greater Chicago) is a 1,191 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1946 and has an estimate of $184,660 with a price per ft² of $155.
- 1717 S Prairie Ave # P-98, Chicago, IL 60616 (Prairie District Homes / 1717 South Prairie Avenue) is a 1 acre property.
- 1512 S Prairie Ave #Unit K, Chicago, IL 60605 (Harbor Square) is a 2.49 acre property. It was built in 1996 and has an estimate of $497,749.
- 1461 S Prairie Ave, Chicago, IL 60605 (Prairie Place) is a 3.74 acre property. It was built in 2000 and has an estimate of $814,300.
- 1515 S Prairie Ave #Unit 1114, Chicago, IL 60605 (Prairie House) is a 1,920 square foot, 3 bedroom, 0.04 acre property. It was built in 2003 and has an estimate of $665,740 with a price per ft² of $347.
- 1515 S Prairie Ave #Unit 1408, Chicago, IL 60605 (Prairie House) is a 1,288 square foot, 2 bedroom, 0.03 acre property. It was built in 2003 and has an estimate of $404,854 with a price per ft² of $314.
- 1437 S Prairie Ave #Unit I, Chicago, IL 60605 (Prairie Place) is a 3.74 acre property. It was built in 2000 and has an estimate of $1,078,330.
- 1478 S Prairie Ave #Unit H, Chicago, IL 60605 (Park Row) is a 2,158 square foot, 3 bedroom, 3.25 bathroom, 0.02 acre property. It was built in 1995 and has an estimate of $818,819 with a price per ft² of $379.
- 1466 S Prairie Ave, Chicago, IL 60605 (Park Row) is a 2,158 square foot, 3 bedroom, 3.25 bathroom, 0.02 acre property. It was built in 1995 and has an estimate of $824,519 with a price per ft² of $382.
- 6201 S Prairie Ave, Chicago, IL 60637 (Washington Park) is a 0.57 acre property.
- 1942 S Prairie Ave, Chicago, IL 60616 (Prairie District) is a 1,800 square foot, 2 bedroom, 0.23 acre property. It was built in 2000 and has an estimate of $623,000 with a price per ft² of $346.
- 6754 S Prairie Ave, Chicago, IL 60637 (Grand Crossing) is a 1,175 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1910 and has an estimate of $154,717 with a price per ft² of $132.
- 6728 S Prairie Ave, Chicago, IL 60637 (Grand Crossing) is a 1,175 square foot, 3 bedroom, 1 bathroom, 0.15 acre property. It was built in 1915 and has an estimate of $169,310 with a price per ft² of $144.
- 1522 S Prairie Ave #Unit G, Chicago, IL 60605 (Harbor Square) is a 1,646 square foot, 2 bedroom, 3 bathroom, 0.04 acre property. It was built in 1996 and has an estimate of $575,000 with a price per ft² of $349.
- 11833 S Prairie Ave, Chicago, IL 60628 (West Pullman) is a 966 square foot, 2 bedroom, 1 bathroom, 0.07 acre property. It was built in 1964 and has an estimate of $178,750 with a price per ft² of $185.
- 11825 S Prairie Ave, Chicago, IL 60628 (West Pullman) is a 1,124 square foot, 3 bedroom, 1 bathroom, 0.1 acre property. It was built in 1956 and has an estimate of $144,084 with a price per ft² of $128.
- 11837 S Prairie Ave, Chicago, IL 60628 (West Pullman) is a 1,020 square foot, 3 bedroom, 1 bathroom, 0.07 acre property. It was built in 1957 and has an estimate of $100,113 with a price per ft² of $98.
- 11821 S Prairie Ave, Chicago, IL 60628 (West Pullman) is a 1,124 square foot, 3 bedroom, 1 bathroom, 0.1 acre property. It was built in 1951 and has an estimate of $144,130 with a price per ft² of $128.
- 11841 S Prairie Ave, Chicago, IL 60628 (West Pullman) is a 1,020 square foot, 3 bedroom, 1 bathroom, 0.07 acre property. It was built in 1965 and has an estimate of $136,187 with a price per ft² of $134.
- 11817 S Prairie Ave, Chicago, IL 60628 (West Pullman) is a 840 square foot, 2 bedroom, 1 bathroom, 0.07 acre property. It was built in 1903 and has an estimate of $113,990 with a price per ft² of $136.
- 11845 S Prairie Ave, Chicago, IL 60628 (West Pullman) is a 1,020 square foot, 3 bedroom, 1 bathroom, 0.07 acre property. It was built in 1956 and has an estimate of $135,070 with a price per ft² of $132.
- 11343 S Prairie Ave, Chicago, IL 60628 (Roseland) is a 2,736 square foot, 6 bedroom, 2 bathroom, 0.11 acre property.
- 4201 S Prairie Ave, Chicago, IL 60653 (Grand Boulevard) is a 5,220 square foot, 10 bedroom, 4 bathroom, 0.07 acre property. It was built in 1889 and has an estimate of $494,400 with a price per ft² of $95.
- View more properties on Prairie Ave