Commercial > Office
Sold
08/21/2019
Sold Price
$32,350,000$344/ft²
641 Lake St
Chicago, IL 60661
- -Bed
- -Bath
- 94,100ft²Living Area
- 9,320ft²Lot Size
- -Pool
- -Car
- 1899Year Built
- -DOM
- 43Permits
641 Lake St, Chicago, IL 60661 is a 94,100 ft² commercial office property property built in 1899 on a 0.214 acre lot with 43 construction permits. This commercial office property is currently off market, and it was last sold in 2019 for $32,350,000.
Permits
641 Lake St has 43 permit records of total value of $3,793,144.
Permit History
43
Permits
$3,793,144
Total Permit Value
April 11, 2023
Description: 2019 cbc self cert interior non-structural demolition existing office on 2nd floor 19774 sf area of work as per plans. No change of useJob Value: $45,000Status: issuedType: Renovation/alterationBusiness Name: Cynthia Inch INC; DCL Electric; Hadley Nicholas; R2 Design Build LLCApplicant: Marc GarrsisonFees: $3,728Effective Date: 2023-04-11Permit Number: 101003550
January 12, 2022
Description: Removal of one(1) 750lb capacity vertical wheelchair lift located in rear pursuant to the scope of work submitted.(ev003487)Job Value: $2,830Status: issuedType: Elevator equipmentBusiness Name: ALL Types Elevators INCApplicant: R2 CompaniesFees: $200Effective Date: 2022-01-12Permit Number: 100955065
July 20, 2021
Description: New accessibility ramp to an existing three story masonry office building per plansJob Value: $50,000Status: issuedType: Renovation/alterationBusiness Name: Perry Christopher J; Schaefges Brothers INCApplicant: Marc GarrisonFees: $825Effective Date: 2021-07-20Permit Number: 100924054
November 13, 2020
Description: Tuckpointing - no structural work - 350 sqftJob Value: $28,000Status: issuedType: Easy permit processBusiness Name: Juan Franco Masonary INCApplicant: Melissa NievesFees: $525Effective Date: 2020-11-13Permit Number: 100899653
July 8, 2020
Description: Change of electrical contractor on permit 100863266 100863270Job Value: $100Status: issuedType: Electric wiringBusiness Name: KB Electric Service INCFees: $150Effective Date: 2020-07-08Permit Number: 100881320
June 16, 2020
Description: Revision to permit#100863270 to addition HVAC contractor to sse mechanical incJob Value: $1,000Status: issuedType: Easy permit processBusiness Name: SSE MechanicalApplicant: Rocket MilesFees: $75Effective Date: 2020-06-16Permit Number: 100878212
June 16, 2020
Description: Revision to permit no. 100863266 to change HVAC contractor to sse mechanical incJob Value: $1,000Status: issuedType: Easy permit processBusiness Name: SSE MechanicalApplicant: Rocket MilesFees: $75Effective Date: 2020-06-16Permit Number: 100878213
March 26, 2020
Description: Interior renovation to existing partial fourth floor commercial space for rocketmiles office expansion as per plansJob Value: $40,000Status: issuedType: Renovation/alterationBusiness Name: Dasse Christopher M; EZR Construction INC; Synergy Construction Group; Synergy Construction Group LLApplicant: Chris StoneFees: $1,029Effective Date: 2020-03-26Permit Number: 100863266
March 19, 2020
Description: Interior renovation to existing partial basement commercial space for rocketmiles office expansion as per plansJob Value: $40,000Status: issuedType: Renovation/alterationBusiness Name: Dasse Christopher M; EZR Construction INC; Synergy Construction Group; Synergy Construction Group LLApplicant: Chris StoneFees: $1,734Effective Date: 2020-03-19Permit Number: 100863270
May 6, 2019
Description: Self cert interior alterations existing office suite 200area of work: 100 sfJob Value: $15,000Status: issuedType: Renovation/alterationBusiness Name: Cynthia Inch INC; DCL Electric; Hadley Nicholas; R2 Design Build LLCApplicant: Marc GarrisonFees: $825Effective Date: 2019-05-06Permit Number: 100814557
February 14, 2019
Description: Addition devices to existing fire alarm system. Existing fire alarm system is non-required and building is not considered a high-riseJob Value: $5,000Status: issuedType: Electric wiringBusiness Name: Shafer JosephFees: $75Effective Date: 2019-02-14Permit Number: 100804867
February 5, 2019
Description: 134 x 18 18 aluminum above entrance door to display address only (no electrical)Job Value: $35,000Status: issuedType: Easy permit processBusiness Name: R2 Design Build LLCApplicant: W R2 Lake Owner Viii, LLCFees: $250Effective Date: 2019-02-05Permit Number: 100803509
November 27, 2018
Description: Change of electrical contractor for office building out adding new receptacles and led lightingJob Value: $75,000Status: issuedType: Electric wiringBusiness Name: Shafer JosephFees: $75Effective Date: 2018-11-27Permit Number: 100794841
October 31, 2018
Description: Furnish (2) cat 6 cables for voice and data to (31) locationsfurnish (1) cat 6 cable to (1) wap locations and (1) copierterminate test and labelJob Value: $8,370Status: issuedType: Electric wiringBusiness Name: IMG Technologies INCFees: $150Effective Date: 2018-10-31Permit Number: 100791063
September 24, 2018
Description: Interior renovations of existing tenant space with minor tenant building out and improvementsJob Value: $300,000Status: issuedType: Renovation/alterationBusiness Name: 41 North Contractors LLC; Admiral Heating Vent; Chadha Sanjiv; Edge Electrical Systems LLCApplicant: Marc GarrisonFees: $2,738Effective Date: 2018-09-24Permit Number: 100782492
August 29, 2018
Description: Installation of mag.lock per sect.#13-160-269 on 5th fl (p). Ck#25042;$750.00Status: issuedType: Electric wiringBusiness Name: Kastle Chicago Limited PartnerFees: $75Effective Date: 2018-08-29Permit Number: 100772058
March 25, 2018
Description: Cancel permit 100737347 gc found another el companyJob Value: $1Status: issuedType: Electric wiringBusiness Name: Dandy Electric LLCFees: $75Effective Date: 2018-03-25Permit Number: 100753503
March 19, 2018
Description: Revision to permit # 100747602 to change plumbing contractor to js home service incJob Value: $1Status: issuedType: Easy permit processBusiness Name: Cynthia Inch INC; JS Home Service INCApplicant: Marc GarrisonFees: $75Effective Date: 2018-03-19Permit Number: 100752245
March 8, 2018
Description: Interior build-out of existing white-box office space. New interior partitions and interior finishes. Existing mechanical and electrical to be modified to accommodate new ductwork and lighting. plumbing is existing to remain. Existing and proposed building use is class e -businessJob Value: $250,000Status: issuedType: Renovation/alterationBusiness Name: Broderick & Sons Plumbing Corp; Hanic Heating & AIR; R2 Design Build LLC; Rivetna CyrusApplicant: W R2 Jefferson Owner Viii, LLCFees: $2,758Effective Date: 2018-03-08Permit Number: 100747602
January 18, 2018
Description: Loading dock infill and repair per plans in a commercial business masonry three story building. (structural peer review)Job Value: $46,000Status: issuedType: Renovation/alterationBusiness Name: Degraf Concrete Const INC; Perry Christopher J; Schaefges Brothers INCApplicant: Marc GarrisonFees: $825Effective Date: 2018-01-18Permit Number: 100735551
December 4, 2017
Description: Work in (1) 1st floor existing commercial space: repair/replace 4 handsink 6 water closets & 2 urinals. Tile- electrical permit # 100737347- (no structural work)- all work same as existing; subject to field inspectionsJob Value: $15,950Status: issuedType: Easy permit processBusiness Name: Cynthia Inch INC; Kotur Mechanical Group LLC; R2 Design Build LLCApplicant: Mark GarrisonFees: $325Effective Date: 2017-12-04Permit Number: 100738307
November 28, 2017
Description: Replace light fixture in corridor on same location 1st , 3rd and 4th floorJob Value: $2,000Status: issuedType: Electric wiringBusiness Name: Dandy Electric LLCFees: $75Effective Date: 2017-11-28Permit Number: 100737347
October 20, 2017
Description: Work to be done in unit #500 only: repair\replace 2 hand sinks. 3 water closets. 1 urinal. 260 sq. Ft. Tile in restrooms. 1 sink in break room. 15o sq. Ft. Tile. All work same as existing. All work subject to field inspectionsJob Value: $15,650Status: issuedType: Easy permit processBusiness Name: Cynthia Inch INC; Kotur Mechanical Group LLC; R2 Design Build LLCApplicant: Marc GarrsonFees: $325Effective Date: 2017-10-20Permit Number: 100731889
October 17, 2017
Description: Suite 500 replacing 55 light fixturesJob Value: $3,000Status: issuedType: Electric wiringBusiness Name: Dandy Electric LLCFees: $75Effective Date: 2017-10-17Permit Number: 100731480
August 2, 2017
Description: Change HVAC contractor to tdk air specialist inc. For permit #100700073Job Value: $1Status: issuedType: Easy permit processBusiness Name: Burnham Nationwide INC; Synergy Construction Group LL; TDK AIR SpecialistsApplicant: Rocket Travel IncFees: $325Effective Date: 2017-08-02Permit Number: 100718721
July 19, 2017
Description: Self cert repair of existing 1200 sq ft mezzanine office to suite 402 4th floor no change in use.sq. Ft of work: 1200Job Value: $83,000Status: issuedType: Renovation/alterationBusiness Name: Cynthia Inch INC; Hadley Nicholas; R2 Design Build LLCApplicant: Marc GarrisonFees: $825Effective Date: 2017-07-19Permit Number: 100699186
May 26, 2017
Description: Change general contractor of record to toms construction on permit no: 100687990Job Value: $125,000Status: issuedType: Easy permit processBusiness Name: Tom's ConstructionApplicant: Label InsightFees: $250Effective Date: 2017-05-26Permit Number: 100707862
April 19, 2017
Description: Self cert; interior renovation on existing partial basement commercial space as per plansJob Value: $700,000Status: issuedType: Renovation/alterationBusiness Name: Daniel R Vincenzo; Dasse Christopher M; PCG Consulting INC; Synergy Construction Group LLApplicant: Rocket Travel IncFees: $1,278Effective Date: 2017-04-19Permit Number: 100700073
April 8, 2017
Description: Self-cert: tenant improvement on the 4th floor and mezzanine level in existing 5 story brick commercial office building (with no basement) suite 402 and 404 will be combined as one suite. Occupancy will be increased from 39 persons to 117 persons. **no plumbing work**Job Value: $100,000Status: issuedType: Renovation/alterationBusiness Name: Discovery Heating & Cooling; Onayemi Adekunle B; Open Concepts INC; Reliant Control INCApplicant: Kirk WoollerFees: $3,861Effective Date: 2017-04-08Permit Number: 100687990
January 5, 2017
Description: Repair\replacement only of plumbing fixtures 4 hand sinks 6 water closets 2 urinals 240 sq. Ft. Of tile on 3rd. & 4th. Floor bathrooms. Replace 380 sq. Ft. Of wall finish in lobby. Electrical permit #100684232.subject to field inspectionJob Value: $20,400Status: issuedType: Easy permit processBusiness Name: BDP Construction INC; Cynthia Inch INC; R2 Design Build LLCApplicant: W R2 Lake Owner Viii LLCFees: $550Effective Date: 2017-01-05Permit Number: 100685357
January 3, 2017
Description: Demolition in unit 5 including interior partitions ductwork lighting and interior finishes of (1) existing office space in an office building to create (1) vanilla box no proposed construction only demolition. Existing plumbing mechanical and electrical to be capped. Existing and proposed building use is class e - businessJob Value: $20,000Status: issuedType: Renovation/alterationBusiness Name: BDP Construction INC; Hanic Heating & AIR; R2 Design Build LLC; Rivetna Cyrus; USA Electric INCApplicant: Marc GarrsionFees: $1,332Effective Date: 2017-01-03Permit Number: 100683604
December 21, 2016
Description: Replacing existing light fixtures with new onesJob Value: $4,000Status: issuedType: Electric wiringBusiness Name: USA Electric INCFees: $75Effective Date: 2016-12-21Permit Number: 100684232
November 20, 2015
Description: Projecting sign north elevation with 13 square feet of text furthest eastJob Value: $500Status: issuedType: SignsBusiness Name: South Water SignsApplicant: Mike BanFees: $300Effective Date: 2015-11-20Permit Number: 100587551
November 20, 2015
Description: Projecting sign north elevation with 13 square feet of text second furthest eastJob Value: $500Status: issuedType: SignsBusiness Name: South Water SignsApplicant: Mike BanFees: $300Effective Date: 2015-11-20Permit Number: 100590390
November 20, 2015
Description: Projecting sign north elevation with 13 square feet of text second furthest westJob Value: $500Status: issuedType: SignsBusiness Name: South Water SignsApplicant: Mike BanFees: $300Effective Date: 2015-11-20Permit Number: 100590391
November 20, 2015
Description: Projecting sign north elevation with 13 square feet of text furthest westJob Value: $500Status: issuedType: SignsBusiness Name: South Water SignsApplicant: Mike BanFees: $300Effective Date: 2015-11-20Permit Number: 100590392
June 22, 2015
Description: Banner on west elevation with 240 square feet of textJob Value: $1,000Status: issuedType: SignsBusiness Name: South Water SignsFees: $700Effective Date: 2015-06-22Permit Number: 100590387
March 18, 2015
Description: Self-cert: interior alterations to office space on lower level 1st floor and 2nd floor as per plans. 33, 101 sf. Single tenant occupiedJob Value: $1,300,000Status: issuedType: Renovation/alterationBusiness Name: J&A plumbing& Heating CorpApplicant: Owen DeutschFees: $10,171Effective Date: 2015-03-18Permit Number: 100581412
January 30, 2015
Description: Self-cert: interior demolition only of non-load bearing partitions of interior office space on lower level 1st floor and 2nd floor as per plans. 32, 967 SFJob Value: $296,700Status: issuedType: Renovation/alterationBusiness Name: Becker Scott R; Burnham Nationwide INC; DWP Electric; J&A plumbing& Heating CorpApplicant: 641 W. Lake St., LLCFees: $4,278Effective Date: 2015-01-30Permit Number: 100577933
December 3, 2014
Description: Modernization of (1) 2000# cap 6-stop geared passenger elevator (ne-front) pursuant to scope of work submitted. All work to be made in compliance with 2010 city of chicago elevator code. (ev003487)Job Value: $123,000Status: issuedType: Elevator equipmentBusiness Name: Anderson Elevator; Southeast Elevator INCApplicant: Loft Development IncFees: $410Effective Date: 2014-12-03Permit Number: 100572725
November 19, 2013
Description: Security system work (solstice mobile) (03-5293)Job Value: $12,541Status: issuedType: Electric wiringBusiness Name: Advent Systems INCFees: $50Effective Date: 2013-11-19Permit Number: 100518240
October 14, 2010
Description: Area of work appx 200 sq ft: masonry repair: tuckpoint & replace bricks. (no structural work)- all work same as existing; subject to field inspectionJob Value: $3,600Status: issuedType: Easy permit processBusiness Name: Best Quality Construction INC; European Quality TuckpointingApplicant: Loft Development IncFees: $375Effective Date: 2010-10-14Permit Number: 100367994
August 29, 2007
Description: Repair parapet as per plansJob Value: $23,000Status: issuedType: Renovation/alterationBusiness Name: Accurate Masonry & Restoration; Construction Services Assoc; Thomas Richard HFees: $375Effective Date: 2007-08-29Permit Number: 100194669
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$469,485.41From latest Total Assessed Value20.18%Total Assessed Value$2,327,049=Land+
Assessed Value$139,800Additions
Assessed Value$2,187,249
In 2021, taxes billed for 641 Lake St were $469,485.41, which is 20.18% from latest Total Assessed Value of $2,327,049.
Property History
641 Lake St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 641 Lake St
Hazard Risks
Tornado212Wind158Hail151Particulates139Air Pollution106Ozone103Carb Mono102Weather101Nat'l Avg100Lead53Earthquake47Hurricane14
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 641 Lake St.
Walkability Index
18 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
641 Lake 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
62°F
High
81°F
In the winter at 641 Lake St, temperatures range from 19.87°F to 34.03°F with an average of 26.95°F. In the summer, the temperature ranges from 62.48°F to 80.83°F with and average of 71.66°F.
School Information
Public/private schools serving 641 Lake St
Public Schools
W. Brown Elementary School
Grades: KG-8
1.37 mi
D-
Crane Technical Preparatory High School
Grades: 12-12
1.42 mi
Skinner Elementary School
Grades: PK-5
1.50 mi
A
Wells Community Academy High School
Grades: 9-12
1.55 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 641 Lake St have ratings undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in Fulton River District, Chicago, IL 60661.
Seasonal Housing units 60661
5%of housing is for seasonal rent.
Daytime Population for 60661
+649%of people during work hours.
Boundary map of Fulton River District.
Crime Index for 60661
163
163
The crime index in 60661 is 163, which is 1.6 times higher than national average.
Market Trends
Historical market data near 641 Lake St over selected time period.
Nearby Properties on Lake St
- 4774 W Lake St # 4703, Chicago, IL 60644 (Streeterville) is a 1.18 acre property. It was built in 1988 and has an estimate of $169,100.
- 1930 W Lake St, Chicago, IL 60612 (United Center) is a 0.05 acre property.
- 1926 W Lake St, Chicago, IL 60612 (United Center) is a 0.09 acre property.
- 5748 W Lake St, Chicago, IL 60644 (Austin) is a 2,596 square foot, 4 bedroom, 2 bathroom, 0.12 acre property.
- 5744 W Lake St # 1, Chicago, IL 60644 (Austin) is a 2,668 square foot, 4 bedroom, 2 bathroom, 0.13 acre property.
- 5740 W Lake St, Chicago, IL 60644 (Austin) is a 2,428 square foot, 4 bedroom, 2 bathroom, 0.15 acre property. It was built in 1910 and has an estimate of $300,000 with a price per ft² of $124.
- 5736 W Lake St #Apt 1, Chicago, IL 60644 (Austin) is a 2,542 square foot, 4 bedroom, 2 bathroom, 0.16 acre property.
- 1839 W Lake St, Chicago, IL 60612 (United Center) is a 0.06 acre property.
- 1841 W Lake St, Chicago, IL 60612 (United Center) is a 0.07 acre property.
- 1847 W Lake St, Chicago, IL 60612 (United Center) is a 0.47 acre property.
- 1356 W Lake St # 1, Chicago, IL 60607 (Fulton Market) is a 0.42 acre property.
- 5062 W Lake St, Chicago, IL 60644 (Austin) is a 0.15 acre property.
- 5052 W Lake St, Chicago, IL 60644 (Austin) is a 16,300 square foot and 0.48 acre property.
- 5153 W Lake St, Chicago, IL 60644 (Austin) is a 3,200 square foot and 0.21 acre property.
- 5145 W Lake St, Chicago, IL 60644 (Austin) is a 0.21 acre property.
- 4118 W Lake St # 38, Chicago, IL 60624 (Garfield Park) is a 6,500 square foot and 0.17 acre property.
- 4114 W Lake St, Chicago, IL 60624 (Garfield Park) is a 6,600 square foot and 0.09 acre property.
- 4112 W Lake St, Chicago, IL 60624 (Garfield Park) is a 6,600 square foot and 0.09 acre property.
- 4056 W Lake St, Chicago, IL 60624 (Garfield Park) is a 0.1 acre property.
- 4052 W Lake St, Chicago, IL 60624 (Garfield Park) is a 0.1 acre property.
- 4050 W Lake St, Chicago, IL 60624 (Garfield Park) is a 0.1 acre property.
- 4048 W Lake St, Chicago, IL 60624 (Garfield Park) is a 0.1 acre property.
- 4046 W Lake St, Chicago, IL 60624 (Garfield Park) is a 600 square foot, 1 bathroom, 0.1 acre property.
- 2357 W Lake St, Chicago, IL 60612 (United Center) is a 0.1 acre property.
- 2355 W Lake St, Chicago, IL 60612 (United Center) is a 0.06 acre property.
- View more properties on Lake St