Commercial > Retail
Sold
08/29/2022
Sold Price
$5,091,000$--/ft²
316 Cermak Rd
Chicago, IL 60616
- -Bed
- -Bath
- -Living Area
- 0.9acLot Size
- -Pool
- -Car
- 1996Year Built
- -DOM
- 9Permits
316 Cermak Rd, Chicago, IL 60616 is a commercial retail property property built in 1996 on a 0.884 acre lot with 9 construction permits. This commercial retail property is currently off market, and it was last sold in 2022 for $5,091,000.
Permits
316 Cermak Rd has 9 permit records of total value of $176,702.
Permit History
9
Permits
$176,702
Total Permit Value
October 27, 2020
Description: Remove and replace (6) HVAC rooftop units with (6) york rooftop unit four 10 ton one 5 ton one 4 ton self contained air cooled r410aStatus: issuedType: Easy permit processBusiness Name: SUN RAY Heating INCApplicant: WalgreensFees: $1,800Effective Date: 2020-10-27Permit Number: 100897284
October 26, 2020
Description: Replace 6 york roof top units for walgreensStatus: issuedType: Easy permit processBusiness Name: SUN RAY Heating INCApplicant: WalgreensFees: $525Effective Date: 2020-10-26Permit Number: 100897067
September 3, 2019
Description: Addition 100 amp panel 2 50 amp 2 20 amp circuits for 2 car charging stationsJob Value: $50,000Status: issuedType: Electric wiringBusiness Name: Dongarra Electric Company INCFees: $150Effective Date: 2019-09-03Permit Number: 100838900
July 7, 2015
Description: Change of electrical contractor for original permit # 100586099Job Value: $1Status: issuedType: Electric wiringBusiness Name: Homestead Electrical ContractiFees: $50Effective Date: 2015-07-07Permit Number: 100599158
June 24, 2015
Description: Revision to permit #100586908 to change gc to tricon construction LLCJob Value: $1Status: issuedType: Easy permit processBusiness Name: Tricon Construction LLCApplicant: Thomas WilsonFees: $50Effective Date: 2015-06-24Permit Number: 100601640
April 17, 2015
Description: Minor interior renovation to provide a single room within an existing pharmacy space in a one story i-b commercial building as per architect's plans no changes to use or occupancyJob Value: $11,700Status: issuedType: Renovation/alterationBusiness Name: Blue Line Design & Constructio; Castillo Hector H; Lightech INCApplicant: Thomas WilsonFees: $375Effective Date: 2015-04-17Permit Number: 100586908
June 2, 2014
Description: Total roof tear offJob Value: $98,000Status: issuedType: Easy permit processBusiness Name: Burnham Nationwide INCApplicant: Parliament Enterprise LtdFees: $375Effective Date: 2014-06-02Permit Number: 100543629
October 7, 2009
Description: Emu on existing monument sign replace manual readerboardJob Value: $16,000Status: issuedType: SignsBusiness Name: Midwest Sign & Lighting INC; Midwest SignsFees: $300Effective Date: 2009-10-07Permit Number: 100305635
June 5, 2008
Description: For a red box receptacle a walgreen store.120v single pole 30a circuitJob Value: $1,000Status: issuedType: Electric wiringBusiness Name: Metro Electricians INCFees: $40Effective Date: 2008-06-05Permit Number: 100239053
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$124,283.17From latest Total Assessed Value20.35%Total Assessed Value$610,659=Land+
Assessed Value$481,175Additions
Assessed Value$129,484
In 2021, taxes billed for 316 Cermak Rd were $124,283.17, which is 20.35% from latest Total Assessed Value of $610,659.
Property History
316 Cermak Rd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 316 Cermak Rd
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 316 Cermak Rd.
Walkability Index
18 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
316 Cermak Rd has a walkability score of 18 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 316 Cermak Rd, 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 316 Cermak Rd
Public Schools
Haines Elementary School
Grades: PK-8
0.26 mi
A
Phillips Academy High School
Grades: 9-12
2.15 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 316 Cermak Rd have ratings undefined, and undefined.
Neighborhood
This property is located in Chinatown, 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 Chinatown.
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 316 Cermak Rd over selected time period.
Nearby Properties on Cermak Rd
- 1819 W Cermak Rd # 23, Chicago, IL 60608 (Lower West Side / Pilsen) is a 5,256 square foot, 6 bedroom, 6 bathroom, 0.06 acre property.
- 4320 W Cermak Rd # 2, Chicago, IL 60623 (K-Town) is a 2,438 square foot, 6 bedroom, 2 bathroom, 0.09 acre property.
- 4336 W Cermak Rd, Chicago, IL 60623 (K-Town) is a 2,438 square foot, 4 bedroom, 2 bathroom, 0.09 acre property.
- 4351 W Cermak Rd, Chicago, IL 60623 (North Lawndale) is a 1,600 square foot and 0.25 acre property.
- 1848 W Cermak Rd #Apt 2, Chicago, IL 60608 (Lower West Side / Pilsen) is a 1,200 square foot, 3 bedroom, 0.07 acre property. It was built in 1881 and has an estimate of $220,050 with a price per ft² of $183.
- 4400 W Cermak Rd, Chicago, IL 60623 (North Lawndale) is a 4,200 square foot and 0.34 acre property.
- 4542 W Cermak Rd, Chicago, IL 60623 (North Lawndale) is a 16,100 square foot and 0.28 acre property.
- 350 E Cermak Rd, Chicago, IL 60616 (Prairie District) is a 0.15 acre property.
- 3930 W Cermak Rd, Chicago, IL 60623 (North Lawndale) is a 0.07 acre property.
- 3930 W Cermak Rd, Chicago, IL 60623 (North Lawndale) is a 0.1 acre property.
- 3930 W Cermak Rd, Chicago, IL 60623 (North Lawndale) is a 0.07 acre property.
- 3930 W Cermak Rd, Chicago, IL 60623 (North Lawndale) is a 0.07 acre property.
- 3930 W Cermak Rd, Chicago, IL 60623 (North Lawndale) is a 8,700 square foot and 0.07 acre property.
- 3930 W Cermak Rd, Chicago, IL 60623 (North Lawndale) is a 8,700 square foot and 0.07 acre property.
- 3930 W Cermak Rd, Chicago, IL 60623 (North Lawndale) is a 8,700 square foot and 0.07 acre property.
- 3930 W Cermak Rd, Chicago, IL 60623 (North Lawndale) is a 2,800 square foot and 0.07 acre property.
- 4019 W Cermak Rd, Chicago, IL 60623 (North Lawndale) is a 704 square foot, 2 bedroom, 1 bathroom, 0.04 acre property. It was built in 1903 and has an estimate of $198,250 with a price per ft² of $282.
- 2149 W Cermak Rd, Chicago, IL 60608 (Lower West Side / Pilsen) is a 1,500 square foot and 0.07 acre property.
- 1658 W Cermak Rd, Chicago, IL 60608 (Lower West Side / Pilsen) is a 1,400 square foot and 0.07 acre property.
- 2917 W Cermak Rd, Chicago, IL 60623 (Little Village) is a 7,871 square foot, 8 bedroom, 6 bathroom, 0.07 acre property.
- 465 W Cermak Rd, Chicago, IL 60616 (Chinatown) is a 1.37 acre property.
- 2226 W Cermak Rd, Chicago, IL 60608 (Lower West Side / Pilsen) is a 1,332 square foot, 5 bedroom, 1 bathroom, 0.07 acre property.
- 80 E Cermak Rd, Chicago, IL 60616 (Mccormick Square) is a 0.02 acre property.
- 2240 W Cermak Rd, Chicago, IL 60608 (Lower West Side / Pilsen) is a 760 square foot, 2 bedroom, 1 bathroom, 0.07 acre property. It was built in 1885 and has an estimate of $293,130 with a price per ft² of $386.
- 259 E Cermak Rd, Chicago, IL 60616 is a 3,168 square foot, 7 bedroom, 4 bathroom, 0.07 acre property.
- View more properties on Cermak Rd