Commercial > Retail
Sold
04/11/2012
Sold Price
$7,528,000$5,019/ft²
56 Walton St
Chicago, IL 60611
- -Bed
- -Bath
- 1,500ft²Living Area
- 2,600ft²Lot Size
- -Pool
- -Car
- 1891Year Built
- -DOM
- 16Permits
56 Walton St, Chicago, IL 60611 is a 1,500 ft² commercial retail property property built in 1891 on a 0.060 acre lot with 16 construction permits. This commercial retail property is currently off market, and it was last sold in 2012 for $7,528,000.
Permits
56 Walton St has 16 permit records of total value of $2,828,726.
Permit History
16
Permits
$2,828,726
Total Permit Value
May 15, 2023
Description: Self cert 2019 cbrc: interior alterations to existing 2 story retail space to include new partitions floor finishes lighting & electrical work as per plans. No mechanical or plumbing work (occupancy m type iib construction)Job Value: $190,000Status: issuedType: Renovation/alterationBusiness Name: Balanced Load Electric LLC; Burnham Nationwide INC; Interior Systems Contracting; Scheffers Harold GApplicant: the ReformationFees: $1,766Effective Date: 2023-05-15Permit Number: 101004248
January 27, 2020
Description: Install business identification sign on south elevationnon-illuminated exterior blade signJob Value: $800Status: issuedType: SignsBusiness Name: Depaul Electric Services INC; South Water Signs LLCApplicant: Samantha StapletonFees: $300Effective Date: 2020-01-27Permit Number: 100822968
October 1, 2019
Description: Revision to permit #100713695 to include added ductwork to 1st & 2nd floor and minor modifications to stair design and shape of stair opening as per plans. - no plumbing work allowed under this permit**certified corrections- - subject to field inspections & audit **Job Value: $5,500Status: issuedType: Renovation/alterationBusiness Name: Chicago Heat & AIR INC; Dexter Electric CO INC; Mccormick Compliance Consultin; Weiss StevenApplicant: Acadia 56 East Walton LLCFees: $825Effective Date: 2019-10-01Permit Number: 100811395
September 19, 2019
Description: Low voltage burglar alarm installation. Interior work only. Cust no 403002703 job no 100284252Job Value: $1,823Status: issuedType: Electric wiringBusiness Name: ADT LLCFees: $75Effective Date: 2019-09-19Permit Number: 100841517
July 8, 2019
Description: Install business identification sign on south elevationhalo illuminated channel letter signto read reformation"3"deeppainted satin blackinternally illuminated with white led lightingJob Value: $2,100Status: issuedType: SignsBusiness Name: Depaul Electric Services INC; South Water Signs LLCApplicant: Samantha StapletonFees: $250Effective Date: 2019-07-08Permit Number: 100822956
June 17, 2019
Description: Current use retail----f mercantile --previous clothing retailerproposed use----f mercantile -same use -clothing retailer taking overspace as is- finishes millwork electrical only - same layoutJob Value: $165,000Status: issuedType: Renovation/alterationBusiness Name: Dexter Electric CO INC; Johnson Warren; O'neil Building CorporationApplicant: Acadia Realty TrustFees: $825Effective Date: 2019-06-17Permit Number: 100814745
March 29, 2019
Description: Revision to permit #100713695 to change the electrical contractor to dexter electricJob Value: $1Status: issuedType: Electric wiringBusiness Name: Dexter Electric CO INC; Mccormick Compliance ConsultinFees: $75Effective Date: 2019-03-29Permit Number: 100811648
March 29, 2019
Description: Revision to permit # 100713695 change gc to o'neil building corporation vent to chicago heat & air and plumbing to ww group incJob Value: $1Status: issuedType: Easy permit processBusiness Name: Chicago Heat & AIR INC; O'neil Building Corporation; WW Group INCApplicant: Acadia 56 East Walton LLCFees: $300Effective Date: 2019-03-29Permit Number: 100811610
February 26, 2019
Description: Reinstate permit #100713695Job Value: $1Status: issuedType: Reinstate revoked pmtBusiness Name: Bulley & Andrews LLC; Mccormick Compliance ConsultinApplicant: Acadia 56 East Walton LLCFees: $783Effective Date: 2019-02-26Permit Number: 100806393
November 15, 2017
Description: Modernization of one (1) 2500lb.cap 4-stops inline only hydraulic passenger elevator. Pursuant to the scope of work submitted.ev014515Job Value: $60,000Status: issuedType: Elevator equipmentBusiness Name: ALL Types Elevators INCApplicant: Acadia Realty TrustFees: $615Effective Date: 2017-11-15Permit Number: 100735852
October 4, 2017
Description: Renovation of existing 3 story plus basement retail building to include addition at street elevation new stair new toilet rooms & finishes per plansJob Value: $1,600,000Status: issuedType: Renovation/alterationBusiness Name: Bulley & Andrews Masonry Rest; Bulley & Andrews, LLC; Burnham Nationwide INC; E Stone IncorporatedApplicant: Acadia 56 East Walton LLCFees: $2,932Effective Date: 2017-10-04Permit Number: 100713695
September 7, 2017
Description: Interior and exterior demolition work at existing 3 story retail building as per plansJob Value: $50,000Status: issuedType: Renovation/alterationBusiness Name: Bulley & Andrews LLC; Burnham Nationwide INC; E Stone Incorporated; Sherman Mechanical INCApplicant: Acadia 56 East Walton LLCFees: $911Effective Date: 2017-09-07Permit Number: 100699872
July 28, 2010
Description: Installation of (1) temporary banner to be installed on the construction fence that will direct customers to the entranceJob Value: $500Status: issuedType: SignsBusiness Name: Doyle Sigins INCFees: $250Effective Date: 2010-07-28Permit Number: 100344617
August 31, 2007
Description: Wall letter west of entranceJob Value: $1,500Status: issuedType: SignsBusiness Name: MK Signs INCFees: $120Effective Date: 2007-08-31Permit Number: 100192323
August 31, 2007
Description: Wall letter east of entranceJob Value: $1,500Status: issuedType: SignsBusiness Name: MK Signs INCFees: $120Effective Date: 2007-08-31Permit Number: 100192320
May 15, 2007
Description: Interior alterations to the basement and 1st thru 3rd floors existing retail space as per plansJob Value: $750,000Status: issuedType: Renovation/alterationBusiness Name: Admiral Heating Vent; Admiral Hvac; Dunne Corey; Gibson Electric CO INC; Turner Construction CompanyApplicant: Structure Management Midwest, LLCFees: $10,665Effective Date: 2007-05-15Permit Number: 100172313
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$223,286.22From latest Total Assessed Value20.11%Total Assessed Value$1,110,375=Land+
Assessed Value$178,750Additions
Assessed Value$931,625
In 2021, taxes billed for 56 Walton St were $223,286.22, which is 20.11% from latest Total Assessed Value of $1,110,375.
Property History
56 Walton St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 56 Walton St
Hazard Risks
Tornado201Wind157Hail142Particulates133Weather104Carb Mono103Nat'l Avg100Air Pollution100Ozone99Lead53Earthquake47Hurricane12
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 56 Walton St.
Walkability Index
18 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
56 Walton St 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 56 Walton St, temperatures range from 20.11°F to 34.01°F with an average of 27.06°F. In the summer, the temperature ranges from 62.78°F to 80.75°F with and average of 71.77°F.
School Information
Public/private schools serving 56 Walton St
Public Schools
Ogden Elementary School
Grades: KG-8
0.15 mi
D+
Wells Community Academy High School
Grades: 9-12
2.17 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 56 Walton St have ratings undefined, and undefined.
Neighborhood
This property is located in Magnificent Mile, Chicago, IL 60611.
Seasonal Housing units 60611
45%of housing is for seasonal rent.
Daytime Population for 60611
+155%of people during work hours.
Boundary map of Magnificent Mile.
Crime Index for 60611
176
176
The crime index in 60611 is 176, which is 1.8 times higher than national average.
Market Trends
Historical market data near 56 Walton St over selected time period.
Nearby Properties on Walton St
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- 9 W Walton St, Chicago, IL 60610 (Rush & Division) is a 0.4 acre property.
- 9 W Walton St, Chicago, IL 60610 (Rush & Division) is a 0.4 acre property.
- 9 W Walton St, Chicago, IL 60610 (Rush & Division) is a 0.4 acre property.
- 9 W Walton St, Chicago, IL 60610 (Rush & Division) is a 0.4 acre property.
- 9 W Walton St, Chicago, IL 60610 (Rush & Division) is a 0.4 acre property.
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