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Commercial > Hospitality
Sold
10/05/2020
Sold Price
$4,910,000$199/ft²

4944 Archer Ave
Chicago, IL 60632

  • -
    Bed
  • -
    Bath
  • 24,700
    ft²
    Living Area
  • 0.8
    ac
    Lot Size
  • -
    Pool
  • -
    Car
  • 1961
    Year Built
  • -
    DOM
  • 5
    Permits
4944 Archer Ave, Chicago, IL 60632 is a 24,700 ft² commercial hospitality property property built in 1961 on a 0.822 acre lot with 5 construction permits. This commercial hospitality property is currently off market, and it was last sold in 2020 for $4,910,000.

    Permits

    4944 Archer Ave has 5 permit records of total value of $122,670.

    Permit History
    5
    Permits
    $122,670
    Total Permit Value
    January 17, 2020
    Description: Repairs to lobby due to vehicle impactJob Value: $23,000Status: issuedType: Easy permit processBusiness Name: Casey Masonry INC; GW Nitzsche INCApplicant: Gary F. GrayFees: $625Effective Date: 2020-01-17Permit Number: 100858924
    January 6, 2020
    Description: Repair 2 receptaclesJob Value: $200Status: issuedType: Electric wiringBusiness Name: Joesph LabarberaFees: $150Effective Date: 2020-01-06Permit Number: 100857270
    January 3, 2019
    Description: Repair of second floor existing exterior walkwayJob Value: $70,000Status: issuedType: Renovation/alterationBusiness Name: MK Construction & Builders IN; Pagan MichaelApplicant: Gary F GrayFees: $377Effective Date: 2019-01-03Permit Number: 100777147
    November 19, 2015
    Description: New enclosed patio with storefront to an existing hotel as per plansJob Value: $24,800Status: issuedType: Renovation/alterationBusiness Name: Jp's Custom Carpentry INC; Kalish Electric CO; Pagan Michael; Papa CTO ConsultingApplicant: Carlton Midway CorporationFees: $825Effective Date: 2015-11-19Permit Number: 100567031
    August 4, 2014
    Description: Carlton inn midway 130-56113-01 low voltage permit for low voltage camera system installationJob Value: $4,670Status: issuedType: Electric wiringBusiness Name: Tyco Integrated Security LLCFees: $50Effective Date: 2014-08-04Permit Number: 100553646

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$165,231.17
      From latest Total Assessed Value23.27%
      Total Assessed Value$709,941
      =
      Land
      Assessed Value      $127,491
      +
      Additions
      Assessed Value      $582,450

      • In 2021, taxes billed for 4944 Archer Ave were $165,231.17, which is 23.27% from latest Total Assessed Value of $709,941.

    Property History

    4944 Archer Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 4944 Archer Ave

    • Hazard Risks

      Tornado
      250
      Wind
      180
      Hail
      179
      Particulates
      154
      Weather
      123
      Ozone
      111
      Air Pollution
      111
      Carb Mono
      104
      Nat'l Avg
      100
      Lead
      53
      Earthquake
      46
      Hurricane
      11

      • 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 4944 Archer Ave.

      Walkability Index

      18 /20

      Most Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      4944 Archer Ave 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

      27 °F

      Low

      20°F

      High

      34°F

      Summer
      Average

      72 °F

      Low

      62°F

      High

      82°F

      In the winter at 4944 Archer Ave, temperatures range from 19.52°F to 34.08°F with an average of 26.8°F. In the summer, the temperature ranges from 62.32°F to 81.79°F with and average of 72.06°F.

    School Information

    Public/private schools serving 4944 Archer Ave

      Public Schools

      Edwards Elementary School
      Grades: PK-8
      0.22  mi
      D+
      Curie Metropolitan High School
      Grades: 9-12
      0.13  mi
      D
      * 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 4944 Archer Ave have ratings undefined, and undefined.

    Neighborhood

    This property is located in Brighton Park, Chicago, IL 60632.

    • Region

      • Boundary map of Brighton Park.

      Crime Index for 60632

      68

      Below national average
      68

      The crime index in 60632 is 68, which is 0.7 times lower than national average.

    • Seasonal Housing units 60632

      2%

      of housing is for seasonal rent.

      Daytime Population for 60632

      -20%

      of people during work hours.

    Market Trends

    Historical market data near 4944 Archer Ave over selected time period.

    Nearby Properties on Archer Ave

    USAILCook CountyChicagoArcher Ave