Commercial > Office
Sold
05/24/2022
Sold Price
$29,354,000$760/ft²
50 Ontario St
Chicago, IL 60654
- -Bed
- -Bath
- 38,600ft²Living Area
- 0.3acLot Size
- -Pool
- -Car
- 1957Year Built
- -DOM
- 17Permits
50 Ontario St, Chicago, IL 60654 is a 38,600 ft² commercial office property property built in 1957 on a 0.300 acre lot with 17 construction permits. This commercial office property is currently off market, and it was last sold in 2022 for $29,354,000.
Permits
50 Ontario St has 17 permit records of total value of $2,256,962.
Permit History
17
Permits
$2,256,962
Total Permit Value
August 15, 2007
Description: Install one wall mounted projection sign at the corner of east wabash and east ontario STJob Value: $2,500Status: issuedType: SignsBusiness Name: Bright Light Sign; MC Guire Electric CorpFees: $162Effective Date: 2007-08-15Permit Number: 100165320
January 4, 2007
Description: Installation of interior mounted sign ck#38611Status: issuedType: Electric wiringBusiness Name: Doyle Sigins INCFees: $40Effective Date: 2007-01-04Permit Number: 100156398
January 4, 2007
Description: Installation of interior mounted sign ck#38610Status: issuedType: Electric wiringBusiness Name: Doyle Sigins INCFees: $40Effective Date: 2007-01-04Permit Number: 100156400
November 9, 2006
Description: Sign to be mounted on the front of building facing east ontario st. 389019Job Value: $1Status: issuedType: SignsBusiness Name: Bright Light Sign; MC Guire Electric CorpFees: $117Effective Date: 2006-11-09Permit Number: 100143232
November 9, 2006
Description: Sign to be mounted on front elevation facing east wabash ave. 389018Job Value: $1Status: issuedType: SignsBusiness Name: Bright Light Sign; MC Guire Electric CorpFees: $117Effective Date: 2006-11-09Permit Number: 100143356
October 25, 2006
Description: Installation of (1) sign on south elevationStatus: issuedType: SignsBusiness Name: Doyle Sigins INCFees: $61Effective Date: 2006-10-25Permit Number: 100130162
October 25, 2006
Description: Installation of sign on the west elevationStatus: issuedType: SignsBusiness Name: Doyle Sigins INCFees: $61Effective Date: 2006-10-25Permit Number: 100130168
September 28, 2006
Description: Install two (2) hydraulic passenger elevators as per plansJob Value: $142,460Status: issuedType: Elevator equipmentApplicant: Trader Joe'sFees: $540Effective Date: 2006-09-28Permit Number: 100139698
August 23, 2006
Description: 1-set of channel letters mounted west elevation of building facing wabash ave...388244Status: issuedType: SignsBusiness Name: Linear Electrical INC; VAN Bruggen Signs INCFees: $76Effective Date: 2006-08-23Permit Number: 100130466
August 23, 2006
Description: (1) set of channel letters mounted on south elevation of building facing ontario...388242Status: issuedType: SignsBusiness Name: Linear Electrical INC; VAN Bruggen Signs INCFees: $76Effective Date: 2006-08-23Permit Number: 100130382
July 28, 2006
Description: Revise exiting at northend of tenant a. Revise store entrances & store front aluminum windows include 3 hour wall at transformer as per planJob Value: $72,000Status: issuedType: Renovation/alterationBusiness Name: Case Jeffrey; Leopardo Companies INC; Sharlen Electric CompanyApplicant: Centre LLC Ontario CityFees: $1,205Effective Date: 2006-07-28Permit Number: 100116984
July 7, 2006
Description: Interior alterations to existing space on the first floor as per plans. Conditional permit subject to field inspectionJob Value: $150,000Status: issuedType: Renovation/alterationBusiness Name: Comprehensive Construction; GTS Electric INC; Ideal Mech; Pl058110412 Norman Mechanical; Soos RobertApplicant: Joe GeiselFees: $3,478Effective Date: 2006-07-07Permit Number: 100120812
July 3, 2006
Description: Electrical service to new retail spaceJob Value: $150,000Status: issuedType: Electric wiringBusiness Name: Sharlen Electric CompanyFees: $40Effective Date: 2006-07-03Permit Number: 100116720
July 3, 2006
Description: Interior alterations to existing space on the lower level as per plans underground piping only. (subject to field inspection)Job Value: $18,000Status: issuedType: Renovation/alterationBusiness Name: Leopardo Companies INC; Pl16738 Bates Plumbing Company; Raffin Construction Company; Soos RobertApplicant: Joe GeiselFees: $383Effective Date: 2006-07-03Permit Number: 100118670
May 24, 2006
Description: Interior alterations to existing retail space on the 1st floor with associated work on the 2nd floor per plans. -conditional permit subject to field verificationJob Value: $750,000Status: issuedType: Renovation/alterationBusiness Name: Belcore Electric Construction; Brickcraft INC; Hill Mechanical; Leopardo Companies INCFees: $10,556Effective Date: 2006-05-24Permit Number: 100112841
April 4, 2006
Description: Interior (1st time) build-out for new branch bank 4, 000 sf per plans. -conditional permit subject to field verificationJob Value: $600,000Status: issuedType: Renovation/alterationBusiness Name: Admiral Heat & Cool; Interior Construction Group I; Pl12316 Pientka Plumbing; Young LauraApplicant: Joe GeiselFees: $8,109Effective Date: 2006-04-04Permit Number: 100102488
February 8, 2006
Description: Subdivide existing mercantile space into space into 4 core and shell tenant spaces with demizing walls. Addition new storefront as per plansJob Value: $372,000Status: issuedType: Renovation/alterationBusiness Name: Case Jeffrey; Hill Mechanical; Leopardo Companies INC; Pl16738 Bates Plumbing CompanyApplicant: Ontario City Center LLCFees: $5,730Effective Date: 2006-02-08Permit Number: 100082250
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$137,819.97From latest Total Assessed Value20.11%Total Assessed Value$685,362=Land+
Assessed Value$261,600Additions
Assessed Value$423,762
In 2021, taxes billed for 50 Ontario St were $137,819.97, which is 20.11% from latest Total Assessed Value of $685,362.
Property History
50 Ontario St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 50 Ontario St
Hazard Risks
Tornado206Wind153Hail142Particulates141Weather107Ozone106Air Pollution102Nat'l Avg100Carb Mono100Lead59Earthquake43Hurricane12
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 50 Ontario St.
Walkability Index
19 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
50 Ontario St has a walkability score of 19 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 50 Ontario St, temperatures range from 19.86°F to 33.94°F with an average of 26.9°F. In the summer, the temperature ranges from 62.53°F to 80.77°F with and average of 71.65°F.
School Information
Public/private schools serving 50 Ontario St
Public Schools
Ogden Elementary School
Grades: KG-8
0.47 mi
D+
Wells Community Academy High School
Grades: 9-12
2.01 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 50 Ontario St have ratings undefined, and undefined.
Neighborhood
This property is located in Near North Side, Chicago, IL 60654.
Seasonal Housing units 60654
27%of housing is for seasonal rent.
Daytime Population for 60654
+298%of people during work hours.
Boundary map of Near North Side.
Crime Index for 60654
167
167
The crime index in 60654 is 167, which is 1.7 times higher than national average.
Market Trends
Historical market data near 50 Ontario St over selected time period.
Nearby Properties on Ontario St
- 33 W Ontario St #Apt 30d, Chicago, IL 60654 (River North) is a 0.85 acre property. It was built in 2001 and has an estimate of $260,215.
- 420 W Ontario St # P-607, Chicago, IL 60654 (River North) is a 1.15 acre property.
- 10 E Ontario St #Apt 2311, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property. It was built in 1981 and has an estimate of $327,325.
- 10 E Ontario St #Apt 2209, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property. It was built in 1981 and has an estimate of $304,654.
- 10 E Ontario St #Apt 1609, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property. It was built in 1981 and has an estimate of $295,772.
- 10 E Ontario St #Apt 802, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property. It was built in 1981 and has an estimate of $396,800.
- 10 E Ontario St # P-M905, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property.
- 10 E Ontario St # P-S928, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property.
- 10 E Ontario St # P-S926, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property.
- 10 E Ontario St # P-S908, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property.
- 10 E Ontario St # P-N918, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property.
- 10 E Ontario St # P-N917, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property.
- 10 E Ontario St #Apt 1002, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property. It was built in 1981 and has an estimate of $335,193.
- 10 E Ontario St # P-S927, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property.
- 10 E Ontario St #Apt 2409, Chicago, IL 60611 (Ontario Place) is a 1 bedroom, 1 bathroom, 1.09 acre property. It was built in 1981 and has an estimate of $293,911.
- 411 W Ontario St #Apt 504, Chicago, IL 60654 (River North) is a 1.31 acre property. It was built in 1935 and has an estimate of $1,003,732.
- 230 E Ontario St # P-21, Chicago, IL 60611 (Streeterville) is a 0.25 acre property.
- 10 E Ontario St #Apt 2905, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property. It was built in 1981 and has an estimate of $312,792.
- 401 E Ontario St #Apt 2805, Chicago, IL 60611 (Streeterville) is a 700 square foot, 1 bedroom, 1 bathroom, 0.02 acre property. It was built in 1962 and has an estimate of $299,900 with a price per ft² of $428.
- 10 E Ontario St #Apt 4801, Chicago, IL 60611 (Ontario Place) is a 1.09 acre property. It was built in 1981 and has an estimate of $975,690.
- 33 W Ontario St #Apt 31g, Chicago, IL 60654 (River North) is a 1,289 square foot and 0.03 acre property. It was built in 2001 and has an estimate of $461,007 with a price per ft² of $358.
- 33 W Ontario St #Apt 50d, Chicago, IL 60654 (River North) is a 0.85 acre property. It was built in 2001 and has an estimate of $572,130.
- 411 W Ontario St #Apt 601, Chicago, IL 60654 (River North) is a 1,760 square foot, 2 bedroom, 2 bathroom, 0.04 acre property. It was built in 1935 and has an estimate of $661,039 with a price per ft² of $376.
- 33 W Ontario St # P9w28, Chicago, IL 60654 (River North) is a 0.85 acre property.
- 411 W Ontario St #Apt 215, Chicago, IL 60654 (River North) is a 1.31 acre property. It was built in 1935 and has an estimate of $446,999.
- View more properties on Ontario St