Commercial > Mixed Use
Sold
03/10/2017
Sold Price
$18,000,000$180,000/ft²
1048 Madison St
Chicago, IL 60607
- -Bed
- -Bath
- 100ft²Living Area
- 10,000ft²Lot Size
- -Pool
- -Car
- 1962Year Built
- -DOM
- 5Permits
1048 Madison St, Chicago, IL 60607 is a 100 ft² commercial mixed use property property built in 1962 on a 0.230 acre lot with 5 construction permits. This commercial mixed use property is currently off market, and it was last sold in 2017 for $18,000,000.
Permits
1048 Madison St has 5 permit records of total value of $52,975.
Permit History
5
Permits
$52,975
Total Permit Value
August 27, 2018
Description: Installation of low voltage burglar alarm interior work only # 4026-98466Job Value: $474Status: issuedType: Electric wiringBusiness Name: ADT LLCFees: $75Effective Date: 2018-08-27Permit Number: 100779854
August 3, 2018
Description: Canopy with 3 faces attached to the south wall facing west south and eastJob Value: $2,000Status: issuedType: SignsBusiness Name: Conserve Electric INC; Triangle Sign & Awning INCFees: $300Effective Date: 2018-08-03Permit Number: 100742522
April 11, 2018
Description: Install a new 120v 20amp with ground wire circuit for canopy/awning above the front windowJob Value: $500Status: issuedType: Electric wiringBusiness Name: Benjamin RichmondFees: $75Effective Date: 2018-04-11Permit Number: 100756542
November 22, 2017
Description: Revision to permit # 100727520 to change lopez plumbing systems incJob Value: $1Status: issuedType: Easy permit processBusiness Name: Lopez Plumbing Systems INC; True Painting & Remodeling INApplicant: Helene MarchFees: $75Effective Date: 2017-11-22Permit Number: 100736984
October 24, 2017
Description: Self-cert interior alterations to existing 1st floor business tenant space for new medical service/spa business in existing 4-story mixed-use buildingJob Value: $50,000Status: issuedType: Renovation/alterationBusiness Name: Chavez Heating & Cooling; Marchione Electric; Milos Orlic; Splitt Jonathan DApplicant: Helene MarchFees: $887Effective Date: 2017-10-24Permit Number: 100727520
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$140,964.75From latest Total Assessed Value20.18%Total Assessed Value$698,705=Land+
Assessed Value$35,000Additions
Assessed Value$663,705
In 2021, taxes billed for 1048 Madison St were $140,964.75, which is 20.18% from latest Total Assessed Value of $698,705.
Property History
1048 Madison St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1048 Madison St
Hazard Risks
Tornado222Hail156Wind153Particulates146Air Pollution110Ozone108Weather108Nat'l Avg100Carb Mono98Lead58Earthquake46Hurricane10
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 1048 Madison St.
Walkability Index
19 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1048 Madison St has a walkability score of 19 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
62°F
High
81°F
In the winter at 1048 Madison St, temperatures range from 19.85°F to 34.04°F with an average of 26.95°F. In the summer, the temperature ranges from 62.42°F to 80.91°F with and average of 71.67°F.
School Information
Public/private schools serving 1048 Madison St
Public Schools
W. Brown Elementary School
Grades: KG-8
0.88 mi
D-
Crane Technical Preparatory High School
Grades: 12-12
0.90 mi
Skinner Elementary School
Grades: PK-5
1.79 mi
A
Wells Community Academy High School
Grades: 9-12
1.40 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 1048 Madison St have ratings undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in Fulton Market, Chicago, IL 60607.
Seasonal Housing units 60607
12%of housing is for seasonal rent.
Daytime Population for 60607
+107%of people during work hours.
Boundary map of Fulton Market.
Crime Index for 60607
148
148
The crime index in 60607 is 148, which is 1.5 times higher than national average.
Market Trends
Historical market data near 1048 Madison St over selected time period.
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