Commercial > Hospitality
Sold
03/06/2019
Sold Price
$2,750,000$344/ft²
4700 Racine Ave
Chicago, IL 60640
- -Bed
- -Bath
- 8,000ft²Living Area
- 10,805ft²Lot Size
- -Pool
- -Car
- 1911Year Built
- -DOM
- 8Permits
4700 Racine Ave, Chicago, IL 60640 is a 8,000 ft² commercial hospitality property property built in 1911 on a 0.248 acre lot with 8 construction permits. This commercial hospitality property is currently off market, and it was last sold in 2019 for $2,750,000.
Permits
4700 Racine Ave has 8 permit records of total value of $1,047,141.
Permit History
8
Permits
$1,047,141
Total Permit Value
June 19, 2020
Description: Self-cert: existing mixed use multifamily residential with garden level commercial mercantile business use. New commercial laundromat tenant build-out in existing commercial vanilla box. New building house laundry alteration to existing residential common area basement. Existing doors and windows to remain all per plansJob Value: $225,000Status: issuedType: Renovation/alterationBusiness Name: ABK Heating & CoolingApplicant: Adam FreemanFees: $860Effective Date: 2020-06-19Permit Number: 100869613
November 18, 2019
Description: Revision to permit#100813299 change plumbing contractor to affordable plumbing and sewer ltdJob Value: $1Status: issuedType: Easy permit processBusiness Name: Affordable Plumbing & Sewer; EP Construction LLCApplicant: Adam FreemanFees: $75Effective Date: 2019-11-18Permit Number: 100851328
August 2, 2019
Description: De-conversion from existing 64 unit class a-2 residential multiple dwellings - single room occupancy to a 48 unit class a-2 residential multiple dwellings - apartment building. Interior alterations new electrical service & distribution new plumbing service & distribution new air conditioning unitsJob Value: $800,000Status: issuedType: Renovation/alterationBusiness Name: A&C Heating & Cooling; EP Construction LLC; Gary Warren; Highlights Chicago INCApplicant: Adam FreemanFees: $15,474Effective Date: 2019-08-02Permit Number: 100813299
January 27, 2011
Description: Work to room 314 only: replace drywall (10 sheets) ( no electrical work)- all work same as existingJob Value: $1,500Status: issuedType: Easy permit processBusiness Name: GTR Construction Corporation; Stern Group CorporationApplicant: Darlington HotelFees: $200Effective Date: 2011-01-27Permit Number: 100380044
August 10, 2010
Description: Correct drainage code violations. Repair misc. Fixtures and leaksJob Value: $4,140Status: issuedType: Easy permit processBusiness Name: BMW Plumbing INC; Stern Group CorporationApplicant: Loma ManagementFees: $100Effective Date: 2010-08-10Permit Number: 100357275
April 9, 2010
Description: Install new metal window lintels (85) & spot tuckpoint (no grinding) per plansJob Value: $7,000Status: issuedType: Easy permit processBusiness Name: Codex; Stern Group CorporationApplicant: Max DolinsFees: $325Effective Date: 2010-04-09Permit Number: 100333789
December 8, 2009
Description: Correct code violation. Repair outside lighting and repair exit circuitsJob Value: $1,500Status: issuedType: Electric wiringBusiness Name: Tpec Electric ConstructionFees: $100Effective Date: 2009-12-08Permit Number: 100322997
December 4, 2008
Description: Rebuild porch as per plansJob Value: $8,000Status: issuedType: Renovation/alterationBusiness Name: Frackiel Builders Incorporate; Mate Edward R; S&C ConstructionApplicant: Darlington Hotel Limited PartnershipFees: $200Effective Date: 2008-12-04Permit Number: 100269250
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$74,783.41From latest Total Assessed Value20.85%Total Assessed Value$358,609=Land+
Assessed Value$135,062Additions
Assessed Value$223,547
In 2021, taxes billed for 4700 Racine Ave were $74,783.41, which is 20.85% from latest Total Assessed Value of $358,609.
Property History
4700 Racine Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 4700 Racine Ave
Hazard Risks
Wind157Hail147Particulates140Ozone111Air Pollution109Nat'l Avg100Carb Mono96Tornado83Lead54Weather54Earthquake41Hurricane12
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 4700 Racine Ave.
Walkability Index
14 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
4700 Racine Ave has a walkability score of 14 out of 20, which means that it is in a somewhat walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
19°F
High
34°F
Summer
Average
Low
62°F
High
81°F
In the winter at 4700 Racine Ave, temperatures range from 19.16°F to 33.72°F with an average of 26.44°F. In the summer, the temperature ranges from 61.94°F to 80.54°F with and average of 71.24°F.
School Information
Public/private schools serving 4700 Racine Ave
Public Schools
Courtenay Elementary School
Grades: PK-8
0.41 mi
C+
Senn High School
Grades: 9-12
1.54 mi
C-
* 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 4700 Racine Ave have ratings undefined, and undefined.
Neighborhood
This property is located in Uptown, Chicago, IL 60640.
Seasonal Housing units 60640
9%of housing is for seasonal rent.
Daytime Population for 60640
-12%of people during work hours.
Boundary map of Uptown.
Crime Index for 60640
160
160
The crime index in 60640 is 160, which is 1.6 times higher than national average.
Market Trends
Historical market data near 4700 Racine Ave over selected time period.
Nearby Properties on Racine Ave
- 3311 N Racine Ave #Apt A, Chicago, IL 60657 (Hawthorne Court Townhomes) is a 3 bedroom, 2 bathroom, 2.23 acre property. It was built in 1988 and has an estimate of $533,868.
- 9033 S Racine Ave, Chicago, IL 60620 (Washington Heights) is a 1,017 square foot, 3 bedroom, 2.25 bathroom, 0.07 acre property. It was built in 1925 and has an estimate of $84,269 with a price per ft² of $83.
- 9027 S Racine Ave, Chicago, IL 60620 (Washington Heights) is a 1,104 square foot, 3 bedroom, 1 bathroom, 0.07 acre property. It was built in 1939 and has an estimate of $80,942 with a price per ft² of $73.
- 9023 S Racine Ave, Chicago, IL 60620 (Washington Heights) is a 1,418 square foot, 4 bedroom, 3.25 bathroom, 0.11 acre property. It was built in 1931 and has an estimate of $225,463 with a price per ft² of $159.
- 9019 S Racine Ave, Chicago, IL 60620 (Washington Heights) is a 1,418 square foot, 4 bedroom, 3.25 bathroom, 0.11 acre property. It was built in 1931 and has an estimate of $231,396 with a price per ft² of $163.
- 9009 S Racine Ave, Chicago, IL 60620 (Washington Heights) is a 1,122 square foot, 3 bedroom, 1 bathroom, 0.08 acre property. It was built in 1927 and has an estimate of $179,595 with a price per ft² of $160.
- 6900 S Racine Ave, Chicago, IL 60636 (Englewood) is a 1,400 square foot and 0.18 acre property.
- 2100 N Racine Ave #Apt 1c, Chicago, IL 60614 (Lincoln Park) is a 1,551 square foot, 2 bedroom, 2 bathroom, 0.04 acre property. It was built in 1925 and has an estimate of $520,000 with a price per ft² of $335.
- 6918 S Racine Ave, Chicago, IL 60636 (Englewood) is a 5,316 square foot, 3 bathroom, 0.14 acre property.
- 5839 S Racine Ave, Chicago, IL 60636 (Englewood) is a 1,200 square foot, 4 bedroom, 2.25 bathroom, 0.07 acre property. It was built in 1895 and has an estimate of $89,709 with a price per ft² of $75.
- 8558 S Racine Ave, Chicago, IL 60620 (Auburn Gresham) is a 2,020 square foot, 2 bedroom, 2 bathroom, 0.07 acre property.
- 8556 S Racine Ave, Chicago, IL 60620 (Auburn Gresham) is a 2,020 square foot, 2 bedroom, 2 bathroom, 0.07 acre property.
- 8943 S Racine Ave, Chicago, IL 60620 (Washington Heights) is a 843 square foot, 4 bedroom, 2.25 bathroom, 0.09 acre property. It was built in 1926 and has an estimate of $219,024 with a price per ft² of $260.
- 8941 S Racine Ave, Chicago, IL 60620 (Washington Heights) is a 843 square foot, 2 bedroom, 1 bathroom, 0.09 acre property. It was built in 1921 and has an estimate of $200,051 with a price per ft² of $237.
- 8939 S Racine Ave, Chicago, IL 60620 (Washington Heights) is a 843 square foot, 2 bedroom, 1 bathroom, 0.09 acre property. It was built in 1926 and has an estimate of $202,098 with a price per ft² of $240.
- 107 S Racine Ave, Chicago, IL 60607 (Chelsea Townhomes) is a 2,320 square foot, 3 bedroom, 4.25 bathroom, 0.02 acre property. It was built in 2008 and has an estimate of $924,914 with a price per ft² of $399.
- 4715 N Racine Ave #Apt 305, Chicago, IL 60640 (Sheridan Park) is a 0.73 acre property. It was built in 1913 and has an estimate of $238,244.
- 527 N Racine Ave #Apt 3, Chicago, IL 60642 (Noble Square) is a 0.07 acre property. It was built in 2001 and has an estimate of $460,000.
- 400 N Racine Ave #Apt 215, Chicago, IL 60642 (Fulton Market) is a 1.12 acre property. It was built in 1990 and has an estimate of $451,133.
- 3354 N Racine Ave # B, Chicago, IL 60657 (Southport Corridor) is a 2 bedroom, 2 bathroom, 0.07 acre property. It was built in 1991 and has an estimate of $452,300.
- 9356 S Racine Ave, Chicago, IL 60620 (Washington Heights) is a 1,436 square foot, 3 bedroom, 1 bathroom, 0.11 acre property. It was built in 1951 and has an estimate of $344,117 with a price per ft² of $240.
- 105 S Racine Ave, Chicago, IL 60607 (Chelsea Townhomes) is a 2,320 square foot, 3 bedroom, 3.25 bathroom, 0.02 acre property. It was built in 2007 and has an estimate of $976,770 with a price per ft² of $421.
- 2100 N Racine Ave # P4, Chicago, IL 60614 (Lincoln Park) is a 0.71 acre property.
- 3501 N Racine Ave #Apt 2, Chicago, IL 60657 (1150 - 1156 West Cornelia Condominiums) is a 0.14 acre property. It was built in 1927 and has an estimate of $270,821.
- 3204 S Racine Ave, Chicago, IL 60608 (Bridgeport) is a 882 square foot, 2 bedroom, 1 bathroom, 0.07 acre property. It was built in 1890 and has an estimate of $316,712 with a price per ft² of $359.
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