Commercial > Hospitality
Sold
12/04/2012
Sold Price
$1,172,500$55/ft²
312 Chestnut St
Chicago, IL 60610
- -Bed
- -Bath
- 21,200ft²Living Area
- 0.3acLot Size
- -Pool
- -Car
- 1927Year Built
- -DOM
- 14Permits
312 Chestnut St, Chicago, IL 60610 is a 21,200 ft² commercial hospitality property property built in 1927 on a 0.258 acre lot with 14 construction permits. This commercial hospitality property is currently off market, and it was last sold in 2012 for $1,172,500.
Permits
312 Chestnut St has 14 permit records of total value of $6,462,490.
Permit History
14
Permits
$6,462,490
Total Permit Value
November 16, 2022
Description: Replace hoist belts on passenger elevator 2500lbs capacity 3 floors subject to city of chicago dept. Of buildings elevator bureau inspection (ev000928)Status: issuedType: Elevator equipmentBusiness Name: Suburban ElevApplicant: 312 W. ChestnutFees: $255Effective Date: 2022-11-16Permit Number: 100996715
May 31, 2018
Description: Interior building out for new service counter existing occupancy c-2 to remain a1 construction type to remain self certJob Value: $10,000Status: issuedType: Renovation/alterationBusiness Name: CLD Construction INC; Father & Sons Plumbing & Sewer; Kaczmarek Artur; Lazar Logan INCApplicant: Chestnut Marc Venture LLCFees: $575Effective Date: 2018-05-31Permit Number: 100761300
August 3, 2016
Description: Low voltage electricalJob Value: $2,800Status: issuedType: Electric wiringBusiness Name: QIS INCFees: $150Effective Date: 2016-08-03Permit Number: 100663174
July 27, 2016
Description: Self cert; interior buildout to expand an existing 46-room hotel by 6-rooms for a total of 52- room hotelJob Value: $250,000Status: issuedType: Renovation/alterationBusiness Name: Cyril Reagan Heating INC; Kaczmarek Artur; Kroma Construction INC; LG Construction Group LLCApplicant: Marc RealtyFees: $6,950Effective Date: 2016-07-27Permit Number: 100585952
February 17, 2016
Description: Installation of one(1) 2500lb.cap, 150fpm, 3-stop, eg 2:1 3-30mm belts passenger traction elevator. Pursuant to plans submittedJob Value: $68,006Status: issuedType: Elevator equipmentBusiness Name: Schindler Elev Corp ItascaApplicant: Chestnut Marc Venture, LLCFees: $510Effective Date: 2016-02-17Permit Number: 100635451
September 3, 2015
Description: Revision to permit #100586857 to change the HVAC & refrigeration contractor to regan heating and plumber to lopez plumbingJob Value: $1Status: issuedType: Easy permit processBusiness Name: LG Construction Group LLC; Lopez Plumbing Systems INC; Regan HeatingApplicant: Marc RealtyFees: $150Effective Date: 2015-09-03Permit Number: 100612639
August 12, 2015
Description: Revision to permit # 100558459 to change the b contractor to kroma construction inc and the c contractor to counterpoint consturctionJob Value: $1Status: issuedType: Easy permit processBusiness Name: Counterpoint Construction; Expediting Service; Kroma Construction INC; Summit Design & Build LLCApplicant: 312 Chestnut LLCFees: $100Effective Date: 2015-08-12Permit Number: 100609154
July 18, 2015
Description: Interior alteration to existing building (2) story w/basement totla 46 hotel rooms lobby at first floor with lounge and prep kitchen excersize room guest cooking area and mechanical room in basement as per plansJob Value: $3,000,000Status: issuedType: Renovation/alterationBusiness Name: Axxess Heat & Air Cond; BDP Construction INC; European Quality Tuckpointing; Kaczmarek ArturApplicant: Marc RealtyFees: $4,375Effective Date: 2015-07-18Permit Number: 100586857
May 4, 2015
Description: Change mason to richard & sons for permit 100558459Job Value: $1Status: issuedType: Easy permit processBusiness Name: Burnham Nationwide INC; Richard & Sons; Summit Design & Build LLCApplicant: Marc RealtyFees: $50Effective Date: 2015-05-04Permit Number: 100593284
March 30, 2015
Description: Revision to permit #100558459 to change the gc to summit design & building LLC mason to european quality tuckpointing HVAC & refrigeration to axxess heating & air conditioning & plumber ot trusty plumbingJob Value: $1Status: issuedType: Easy permit processBusiness Name: Axxess Heat & AIR Cond; European Quality Tuckpointing; Summit Design & Build LLCApplicant: Marc RealtyFees: $250Effective Date: 2015-03-30Permit Number: 100587725
March 24, 2015
Description: There is change of electrical contractorJob Value: $423,000Status: issuedType: Electric wiringBusiness Name: Ristic Electric LLCFees: $100Effective Date: 2015-03-24Permit Number: 100586925
December 23, 2014
Description: Interior and exterior alterations to existing 2 story masonry building ( 22504 sf ) for a new use retail hotel type 3b construction as per plansJob Value: $2,700,480Status: issuedType: Renovation/alterationBusiness Name: Arman Plumbing Electirc & MEC; Axios Architects & Consultants; Daniel R Vincenzo; Kokalias Bill GApplicant: 312 Chestnut LLCFees: $9,977Effective Date: 2014-12-23Permit Number: 100558459
September 29, 2014
Description: Repair roof. Repair 25 of parapet wall. 100sqft of tuckpointing. Install structural bow string supportStatus: issuedType: Easy permit processBusiness Name: Synergy Construction GroupApplicant: Marc RealtyFees: $375Effective Date: 2014-09-29Permit Number: 100563089
August 28, 2007
Description: Repair\replace 58 ul gyp bd. Electrical work. All work same as existingJob Value: $8,200Status: issuedType: Easy permit processBusiness Name: LT Electric INC; MOD Construction IncorporatedApplicant: John OppenheimerFees: $207Effective Date: 2007-08-28Permit Number: 100197123
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$158,513.03From latest Total Assessed Value20.11%Total Assessed Value$788,266=Land+
Assessed Value$774,125Additions
Assessed Value$14,141
In 2021, taxes billed for 312 Chestnut St were $158,513.03, which is 20.11% from latest Total Assessed Value of $788,266.
Property History
312 Chestnut St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 312 Chestnut St
Hazard Risks
Tornado208Wind153Hail143Particulates142Weather104Air Pollution103Carb Mono101Nat'l Avg100Ozone100Lead55Earthquake39Hurricane15
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 312 Chestnut St.
Walkability Index
20 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
312 Chestnut St has a walkability score of 20 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
63°F
High
81°F
In the winter at 312 Chestnut St, temperatures range from 19.85°F to 33.95°F with an average of 26.9°F. In the summer, the temperature ranges from 62.53°F to 80.75°F with and average of 71.64°F.
School Information
Public/private schools serving 312 Chestnut St
Public Schools
Jenner Elementary Academy of the Arts
Grades: PK-8
0.67 mi
Wells Community Academy High School
Grades: 9-12
1.65 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 312 Chestnut St have ratings undefined, and undefined.
Neighborhood
This property is located in Near North Side, Chicago, IL 60610.
Seasonal Housing units 60610
26%of housing is for seasonal rent.
Daytime Population for 60610
+46%of people during work hours.
Boundary map of Near North Side.
Crime Index for 60610
169
169
The crime index in 60610 is 169, which is 1.7 times higher than national average.
Market Trends
Historical market data near 312 Chestnut St over selected time period.
Nearby Properties on Chestnut St
- 21 W Chestnut St #Apt 1607, Chicago, IL 60610 (Rush & Division) is a 0.5 acre property. It was built in 1997 and has an estimate of $234,478.
- 21 W Chestnut St #Apt 504, Chicago, IL 60610 (Rush & Division) is a 0.5 acre property. It was built in 1997 and has an estimate of $347,324.
- 21 W Chestnut St #Apt 601, Chicago, IL 60610 (Rush & Division) is a 0.5 acre property. It was built in 1997 and has an estimate of $396,495.
- 21 W Chestnut St #Apt 605, Chicago, IL 60610 (Rush & Division) is a 0.5 acre property. It was built in 1997 and has an estimate of $370,086.
- 21 W Chestnut St # P128, Chicago, IL 60610 (Rush & Division) is a 0.5 acre property.
- 21 W Chestnut St #Apt 803, Chicago, IL 60610 (Rush & Division) is a 0.48 acre property. It was built in 1997 and has an estimate of $331,581.
- 21 W Chestnut St #Apt 807, Chicago, IL 60610 (Rush & Division) is a 1 bedroom and 0.5 acre property. It was built in 1997 and has an estimate of $214,115.
- 21 W Chestnut St #Apt 901, Chicago, IL 60610 (Rush & Division) is a 0.5 acre property. It was built in 1997 and has an estimate of $206,800.
- 21 W Chestnut St # P30, Chicago, IL 60610 (Rush & Division) is a 1 bedroom, 2.25 bathroom, 0.5 acre property.
- 111 E Chestnut St # 2b-17, Chicago, IL 60611 (111 East Chestnut Condominiums) is a 0.62 acre property. It was built in 1969 and has an estimate of $133,700.
- 111 E Chestnut St # 2a-10, Chicago, IL 60611 (111 East Chestnut Condominiums) is a 1,000 square foot, 1 bedroom, 0.02 acre property. It was built in 1969 and has an estimate of $136,500 with a price per ft² of $137.
- 21 W Chestnut St # P69, Chicago, IL 60610 (Rush & Division) is a 0.5 acre property.
- 260 E Chestnut St #Apt 4001, Chicago, IL 60611 (Plaza On Dewitt) is a 1,635 square foot, 3 bedroom, 2 bathroom, 0.04 acre property. It was built in 1963 and has an estimate of $481,193 with a price per ft² of $294.
- 21 W Chestnut St #Apt 1205, Chicago, IL 60610 (Rush & Division) is a 1,045 square foot, 2 bedroom, 2 bathroom, 0.48 acre property. It was built in 1997 and has an estimate of $429,786 with a price per ft² of $411.
- 21 W Chestnut St #Apt 1208a, Chicago, IL 60610 (Rush & Division) is a 0.48 acre property. It was built in 1997 and has an estimate of $300,000.
- 21 W Chestnut St #Apt 1305, Chicago, IL 60610 (Rush & Division) is a 0.5 acre property. It was built in 1997 and has an estimate of $698,681.
- 21 W Chestnut St #Apt 1409, Chicago, IL 60610 (Rush & Division) is a 0.5 acre property. It was built in 1997 and has an estimate of $580,627.
- 21 W Chestnut St #Apt 1510, Chicago, IL 60610 (Rush & Division) is a 1,384 square foot, 2 bedroom, 2 bathroom, 0.5 acre property. It was built in 1997 and has an estimate of $668,950 with a price per ft² of $483.
- 21 W Chestnut St #Apt 1604, Chicago, IL 60610 (Rush & Division) is a 1 bedroom, 2 bathroom, 0.48 acre property. It was built in 1997 and has an estimate of $364,977.
- 21 W Chestnut St #Apt 1610, Chicago, IL 60610 (Rush & Division) is a 0.5 acre property. It was built in 1997 and has an estimate of $679,570.
- 21 W Chestnut St # 1710, Chicago, IL 60610 (Rush & Division) is a 3,910 square foot, 3 bedroom, 5 bathroom, 0.48 acre property. It was built in 1997 and has an estimate of $1,019,000 with a price per ft² of $261.
- 21 W Chestnut St #Apt 901, Chicago, IL 60610 (Rush & Division) is a 0.48 acre property. It was built in 1997 and has an estimate of $483,964.
- 21 W Chestnut St #Apt 502, Chicago, IL 60610 (Rush & Division) is a 0.5 acre property. It was built in 1997 and has an estimate of $477,682.
- 21 W Chestnut St #Apt 708a, Chicago, IL 60610 (Rush & Division) is a 0.5 acre property. It was built in 1997 and has an estimate of $280,800.
- 21 W Chestnut St #Apt 802, Chicago, IL 60610 (Rush & Division) is a 1,301 square foot, 2 bedroom, 2 bathroom, 0.5 acre property. It was built in 1997 and has an estimate of $436,408 with a price per ft² of $335.
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