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Commercial > Industrial
Sold
06/03/2008
Sold Price
$7,500,000$--/ft²

4650 Racine Ave
Chicago, IL 60609

  • -
    Bed
  • -
    Bath
  • -
    Living Area
  • 3.1
    ac
    Lot Size
  • -
    Pool
  • -
    Car
  • 1997
    Year Built
  • -
    DOM
  • 9
    Permits
4650 Racine Ave, Chicago, IL 60609 is a commercial industrial property property built in 1997 on a 3.130 acre lot with 9 construction permits. This commercial industrial property is currently off market, and it was last sold in 2008 for $7,500,000.

    Permits

    4650 Racine Ave has 9 permit records of total value of $3,278,652.

    Permit History
    9
    Permits
    $3,278,652
    Total Permit Value
    December 18, 2019
    Description: Decommission of one(1) 8000lb capacity 2-floor freight elevator. (ev005518)Job Value: $4,370Status: issuedType: Elevator equipmentBusiness Name: Otis Elevator LombardApplicant: Vantage Oleo ChemicalsFees: $280Effective Date: 2019-12-18Permit Number: 100855415
    April 23, 2014
    Description: Receptacles onlyJob Value: $50Status: issuedType: Electric wiringBusiness Name: Linear Electrical INCFees: $50Effective Date: 2014-04-23Permit Number: 100537421
    August 1, 2013
    Description: New 2 story metal building 1 story cmu building and containment slab per plans for manufacturing processing plantJob Value: $2,000,000Status: issuedType: New constructionBusiness Name: Carroll Joseph P; Dynamic Electric INC; K&N Construction CO INC; KBZ INC; Krol Plumbing INCApplicant: Noel BeavisFees: $1,665Effective Date: 2013-08-01Permit Number: 100481660
    January 9, 2013
    Description: Replacing hydraulic cylinder.piston & pit equipment on (1) 2 stop passenger elevator pursuant to cope of work submitted. All work to be made in compliance with city of chicago elevator code & subject to field inspection by city of chicago elevator bureau. (ev005518)Job Value: $26,535Status: issuedType: Elevator equipmentBusiness Name: Otis Elevator LombardApplicant: Vantage Oleo ChemicalsFees: $100Effective Date: 2013-01-09Permit Number: 100473413
    August 15, 2012
    Description: Two one story additions to existing metal building as per plans to serve an existing limited manufacturing processing plantJob Value: $1,000,000Status: issuedType: Renovation/alterationBusiness Name: Carroll Joseph P; Dynamic Electric INC; K&N Construction CO INC; KBZ INC; Trojaniak's HeatingApplicant: Noel BeavisFees: $1,075Effective Date: 2012-08-15Permit Number: 100440913
    January 20, 2012
    Description: Installation of 100 kw natural gas generator for computer roomJob Value: $75,000Status: issuedType: Electric wiringBusiness Name: Therm FLO INCFees: $600Effective Date: 2012-01-20Permit Number: 100425343
    November 16, 2010
    Description: Removed and replaced roofing on flat roofJob Value: $144,000Status: issuedType: Easy permit processApplicant: Joe JabczynskiFees: $325Effective Date: 2010-11-16Permit Number: 100373108
    August 7, 2009
    Description: Replace existing chillers with new. Install two york 300 ton water cooled chillers in wet seperation building.one compressor each, r134a and self contained. To be installed in a city of chicago machine room per codeStatus: issuedType: Easy permit processBusiness Name: Johnson Controls INCApplicant: VantageFees: $400Effective Date: 2009-08-07Permit Number: 100304906
    October 2, 2008
    Description: Installation of low voltage cctv equipmentJob Value: $28,697Status: issuedType: Electric wiringBusiness Name: RED Hawk Security Systems INCFees: $50Effective Date: 2008-10-02Permit Number: 100260472

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$29,731.65
      From latest Total Assessed Value21.65%
      Total Assessed Value$137,351
      =
      Land
      Assessed Value      $121,702
      +
      Additions
      Assessed Value      $15,649

      • In 2021, taxes billed for 4650 Racine Ave were $29,731.65, which is 21.65% from latest Total Assessed Value of $137,351.

    Property History

    4650 Racine Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 4650 Racine Ave

    • Hazard Risks

      Tornado
      226
      Wind
      162
      Hail
      151
      Particulates
      146
      Weather
      112
      Air Pollution
      110
      Ozone
      108
      Carb Mono
      105
      Nat'l Avg
      100
      Lead
      57
      Earthquake
      41
      Hurricane
      16

      • 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 4650 Racine Ave.

      Walkability Index

      12 /20

      Somewhat Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      4650 Racine Ave has a walkability score of 12 out of 20, which means that it is in a somewhat walkable area.

      Temperature

      Seasonal temperature sampled over multiple years

      Winter
      Average

      27 °F

      Low

      20°F

      High

      34°F

      Summer
      Average

      72 °F

      Low

      62°F

      High

      81°F

      In the winter at 4650 Racine Ave, temperatures range from 19.81°F to 34.1°F with an average of 26.96°F. In the summer, the temperature ranges from 62.37°F to 81.16°F with and average of 71.77°F.

    School Information

    Public/private schools serving 4650 Racine Ave

      Public Schools

      Hamline Elementary School
      Grades: KG-8
      0.34  mi
      D-
      Tilden Career Community Academy High School
      Grades: 9-12
      0.84  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 4650 Racine Ave have ratings undefined, and undefined.

    Neighborhood

    This property is located in Southwest Side, Chicago, IL 60609.

    • Region

      • Boundary map of Southwest Side.

      Crime Index for 60609

      128

      Above national average
      128

      The crime index in 60609 is 128, which is 1.3 times higher than national average.

    • Seasonal Housing units 60609

      1%

      of housing is for seasonal rent.

      Daytime Population for 60609

      -17%

      of people during work hours.

    Market Trends

    Historical market data near 4650 Racine Ave over selected time period.

    Nearby Properties on Racine Ave

    USAILCook CountyChicagoRacine Ave