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Commercial > Multi-family / Apartments
Sold
03/20/2017
Sold Price
$345,000$64/ft²

5242 Michigan Ave
Chicago, IL 60615

  • 8
    Beds
  • -
    Bath
  • 5,400
    ft²
    Living Area
  • 4,740
    ft²
    Lot Size
  • -
    Pool
  • -
    Car
  • 1888
    Year Built
  • -
    DOM
  • 6
    Permits
5242 Michigan Ave, Chicago, IL 60615 is a 8 bed, 5,400 ft² multi-family/apartments property built in 1888 on a 0.109 acre lot with 6 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2017 for $345,000.

    Permits

    5242 Michigan Ave has 6 permit records of total value of $151,001.

    Permit History
    6
    Permits
    $151,001
    Total Permit Value
    May 3, 2017
    Description: Revision to permit #100638548 to change owner to sharnice brown and general contractor of record to enlightened city LLCJob Value: $1Status: issuedType: Easy permit processBusiness Name: Enlightened City LLCApplicant: Sharnice BrownFees: $150Effective Date: 2017-05-03Permit Number: 100703540
    September 30, 2016
    Description: Interior remodel with new mechanical electrical and plumbing systems for a single family home (conditional permit subject to field inspections)Job Value: $80,000Status: issuedType: Renovation/alterationBusiness Name: Beron Harold; Brown BC Services LLC; Loyal Howard; Power Volts Electric CO INCApplicant: Edric CalahanFees: $2,112Effective Date: 2016-09-30Permit Number: 100638548
    May 4, 2016
    Description: Electrical rehab rewireJob Value: $12,000Status: issuedType: Electric wiringBusiness Name: Power Volts Electric CO INCFees: $75Effective Date: 2016-05-04Permit Number: 100648376
    July 8, 2008
    Description: Int. Alter. For a single family residence. To remove load bearing & non-load bearing partitions of the 4- story building. As per plansJob Value: $40,000Status: issuedType: Renovation/alterationBusiness Name: Alph & Omega Elect & GEN Cont; Garner Ronald; Mohna INC; Thermal Electric INC; Victor CuebasApplicant: Kalli ShaykinFees: $1,797Effective Date: 2008-07-08Permit Number: 100240468
    January 23, 2008
    Description: Replace sixteen plumbing same existing location one new plumbing fixture 1st fl washing and drying replace drywall 5/8 with elect work throughout upgrade elect service to 200amp branch circuits and power and equipment and one meter, one public replace two water heater same size locationJob Value: $15,000Status: issuedType: Easy permit processBusiness Name: Alph & Omega Elect & GEN Cont; Mohna INC; Pl9607 Roger ToussaintApplicant: Kalli ShaykinFees: $739Effective Date: 2008-01-23Permit Number: 100221180
    January 22, 2008
    Description: Proposed rear wood porch to existing S.F.R. -conditional permit subject to field verificationJob Value: $4,000Status: issuedType: Renovation/alterationBusiness Name: Batiste Masonry; Cotto Expediting; Mohna INCApplicant: Kalli ShaykinFees: $175Effective Date: 2008-01-22Permit Number: 100220916

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$10,915.33
      From latest Total Assessed Value20.17%
      Total Assessed Value$54,119
      =
      Land
      Assessed Value      $2,607
      +
      Additions
      Assessed Value      $51,512

      • In 2021, taxes billed for 5242 Michigan Ave were $10,915.33, which is 20.17% from latest Total Assessed Value of $54,119.

    Property History

    5242 Michigan Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 5242 Michigan Ave

    • Hazard Risks

      Tornado
      214
      Wind
      149
      Hail
      138
      Particulates
      134
      Carb Mono
      106
      Weather
      105
      Nat'l Avg
      100
      Ozone
      100
      Air Pollution
      100
      Lead
      59
      Earthquake
      42
      Hurricane
      13

      • 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 5242 Michigan Ave.

      Walkability Index

      11 /20

      Somewhat Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      5242 Michigan Ave has a walkability score of 11 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

      63°F

      High

      81°F

      In the winter at 5242 Michigan Ave, temperatures range from 20.39°F to 34.22°F with an average of 27.31°F. In the summer, the temperature ranges from 62.88°F to 80.88°F with and average of 71.88°F.

    School Information

    Public/private schools serving 5242 Michigan Ave

      Public Schools

      Beethoven Elementary School
      Grades: PK-8
      0.69  mi
      D-
      Phillips Academy High School
      Grades: 9-12
      1.77  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 5242 Michigan Ave have ratings undefined, and undefined.

    Neighborhood

    This property is located in Washington Park, Chicago, IL 60615.

    • Region

      • Boundary map of Washington Park.

      Crime Index for 60615

      169

      High Crime Index
      169

      The crime index in 60615 is 169, which is 1.7 times higher than national average.

    • Seasonal Housing units 60615

      5%

      of housing is for seasonal rent.

      Daytime Population for 60615

      -14%

      of people during work hours.

    Market Trends

    Historical market data near 5242 Michigan Ave over selected time period.

    Nearby Properties on Michigan Ave

    USAILCook CountyChicagoMichigan Ave