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Commercial > Mixed Use
Sold
09/28/2015
Sold Price
$44,500$56/ft²

5504 Michigan Ave
Chicago, IL 60637

  • -
    Bed
  • -
    Bath
  • 800
    ft²
    Living Area
  • 8,050
    ft²
    Lot Size
  • -
    Pool
  • -
    Car
  • 1908
    Year Built
  • -
    DOM
  • 9
    Permits
5504 Michigan Ave, Chicago, IL 60637 is a 800 ft² commercial mixed use property property built in 1908 on a 0.185 acre lot with 9 construction permits. This commercial mixed use property is currently off market, and it was last sold in 2015 for $44,500.

    Permits

    5504 Michigan Ave has 9 permit records of total value of $362,676.

    Permit History
    9
    Permits
    $362,676
    Total Permit Value
    March 22, 2021
    Description: Revision to permit no. 100840673 to change vent contractor to hood chicagoJob Value: $22,600Status: issuedType: Easy permit processBusiness Name: Hoods ChicagoApplicant: Maryann MarshFees: $75Effective Date: 2021-03-22Permit Number: 100913885
    January 23, 2020
    Description: Revision to permit # 100840673 to change plumbing contractor to j plumbing coJob Value: $1Status: issuedType: Easy permit processBusiness Name: J Plumbing COApplicant: Maryann MarshFees: $75Effective Date: 2020-01-23Permit Number: 100859653
    November 26, 2019
    Description: Self-cert: event center and restaurant building out on ground floor per plansJob Value: $200,000Status: issuedType: New constructionBusiness Name: Alba Oscar; AMR Development LLC; Loyal Howard; R Edwards Electric LLCApplicant: Maryann MarshFees: $2,349Effective Date: 2019-11-26Permit Number: 100840673
    May 13, 2019
    Description: Install structured cabling w/entry systemJob Value: $25,000Status: issuedType: Electric wiringBusiness Name: Advanced Wiring SolutionsFees: $75Effective Date: 2019-05-13Permit Number: 100819317
    January 30, 2019
    Description: Installation of two(2) traction 2100lb capacity 4 stop 150fpm passenger elevators pursuant to the scope of work plans submittedJob Value: $115,073Status: issuedType: Elevator equipmentBusiness Name: Schindler Elev Corp ElmhurstApplicant: Kleo Art Residence & Currency Exchange CafeFees: $1,020Effective Date: 2019-01-30Permit Number: 100802766
    May 10, 2018
    Description: Change mason vent and refrig. ContractorsJob Value: $1Status: issuedType: Easy permit processBusiness Name: A&H Mechanical INC; Garth Enterprises INCApplicant: Brin Life Center LLCFees: $225Effective Date: 2018-05-10Permit Number: 100761495
    February 16, 2018
    Description: Change the mason contractor on permit 100724116 to eagle concreteStatus: issuedType: Easy permit processBusiness Name: Eagle Concrete INCApplicant: Brin Life, LLCFees: $75Effective Date: 2018-02-16Permit Number: 100747747
    January 8, 2018
    Description: 20 x 40 tent from 1/8/2018 to 1/9/2018Job Value: $1Status: issuedType: Easy permit processApplicant: Kleo Art Residence & Currency Exchange CafeFees: $250Effective Date: 2018-01-08Permit Number: 100742627
    November 15, 2017
    Description: **direct developer services project** erect new 4 story type 1c construction mixed use building with 58 dwelling units and 33 parking spaces per plans at 5504 s. Michigan ave 65 e. GarfieldStatus: issuedType: New constructionBusiness Name: Alright Concrete CO; Building Permits INC; Jolen Electric INC; Joseph J Duffy Company; L&S MasonryApplicant: Brin Life Center, LLCFees: $38,556Effective Date: 2017-11-15Permit Number: 100724116

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$10,264.65
      From latest Total Assessed Value20.17%
      Total Assessed Value$50,893
      =
      Land
      Assessed Value      $4,427
      +
      Additions
      Assessed Value      $46,466

      • In 2021, taxes billed for 5504 Michigan Ave were $10,264.65, which is 20.17% from latest Total Assessed Value of $50,893.

    Property History

    5504 Michigan Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 5504 Michigan Ave

    • Hazard Risks

      Tornado
      220
      Wind
      142
      Particulates
      135
      Hail
      130
      Weather
      110
      Air Pollution
      102
      Nat'l Avg
      100
      Carb Mono
      100
      Ozone
      100
      Lead
      58
      Earthquake
      46
      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 5504 Michigan Ave.

      Walkability Index

      14 /20

      Somewhat Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      5504 Michigan 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

      27 °F

      Low

      20°F

      High

      34°F

      Summer
      Average

      72 °F

      Low

      63°F

      High

      81°F

      In the winter at 5504 Michigan Ave, temperatures range from 20.19°F to 34.21°F with an average of 27.2°F. In the summer, the temperature ranges from 62.66°F to 80.98°F with and average of 71.82°F.

    School Information

    Public/private schools serving 5504 Michigan Ave

      Public Schools

      Carter Elementary School
      Grades: PK-8
      0.28  mi
      D-
      Phillips Academy High School
      Grades: 9-12
      2.12  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 5504 Michigan Ave have ratings undefined, and undefined.

    Neighborhood

    This property is located in Washington Park, Chicago, IL 60637.

    • Region

      • Boundary map of Washington Park.

      Crime Index for 60637

      170

      High Crime Index
      170

      The crime index in 60637 is 170, which is 1.7 times higher than national average.

    • Seasonal Housing units 60637

      2%

      of housing is for seasonal rent.

      Daytime Population for 60637

      -13%

      of people during work hours.

    Market Trends

    Historical market data near 5504 Michigan Ave over selected time period.

    Nearby Properties on Michigan Ave

    USAILCook CountyChicagoMichigan Ave