Commercial > Office
Sold
09/23/2015
Sold Price
$295,000,000$2,458/ft²
663 Michigan Ave
Chicago, IL 60611
- -Bed
- -Bath
- 120,000ft²Living Area
- 5,730ft²Lot Size
- -Pool
- -Car
- 1967Year Built
- -DOM
- 20Permits
663 Michigan Ave, Chicago, IL 60611 is a 120,000 ft² commercial office property property built in 1967 on a 0.132 acre lot with 20 construction permits. This commercial office property is currently off market, and it was last sold in 2015 for $295,000,000.
Permits
663 Michigan Ave has 20 permit records of total value of $4,790,863.
Permit History
20
Permits
$4,790,863
Total Permit Value
May 15, 2022
Description: Erect two (2) scaffolds dates 05/14/2022 through 05/14/2023Job Value: $111Status: issuedType: ScaffoldingApplicant: C/o Allyson Kushner Pfb/mb N.MichiganFees: $300Effective Date: 2022-05-15Permit Number: 100971832
November 24, 2020
Description: Roof replacement on main roof levelJob Value: $75,600Status: issuedType: Easy permit processApplicant: Cushman & Wakefield of Us, IncFees: $450Effective Date: 2020-11-24Permit Number: 100900929
October 21, 2020
Description: Erect two(2)scaffold from 10/21/2020 to 10/21/2021Job Value: $1Status: issuedType: ScaffoldingFees: $375Effective Date: 2020-10-21Permit Number: 100896571
October 7, 2019
Description: Erect two scaffolds from 10/07/2019 to 10/072020Job Value: $2Status: issuedType: ScaffoldingFees: $375Effective Date: 2019-10-07Permit Number: 100844718
January 30, 2019
Description: Modernization of one(1) traction 6000lb capacity 200fpm 11 floor freight elevator pursuant to the scope of work submittedJob Value: $350,000Status: issuedType: Elevator equipmentBusiness Name: Smart Elevator CompanyApplicant: C/o Cushman Wakefield Ppf/mb N. Michigan Avenue Venture, LLCFees: $675Effective Date: 2019-01-30Permit Number: 100802814
October 31, 2018
Description: Erect one scaffold from 10/31/2018 to 10/31/2019Job Value: $1Status: issuedType: ScaffoldingFees: $150Effective Date: 2018-10-31Permit Number: 100791038
October 26, 2018
Description: F-mercantile f-mercantilephase 2- interior finishes beverage cafemechancial plumbing & electrical workJob Value: $110,000Status: issuedType: Renovation/alterationBusiness Name: JOS Services INCApplicant: Cushman & Wakefield ,ppf/mb N. Michigan Ave VenturFees: $967Effective Date: 2018-10-26Permit Number: 100779207
August 31, 2018
Description: F-mercantile f-mercantilephase 1- interior finishes plumbing and electrical workJob Value: $60,000Status: issuedType: Renovation/alterationBusiness Name: Benjamin James A; Interstate Electric INC; JOS Services INC; YRL Builders LLCApplicant: Cushman & Wakefield ,ppf/mb N Michigan Ave VentureFees: $2,229Effective Date: 2018-08-31Permit Number: 100774140
April 23, 2018
Description: Michigan ave: sf non-illuminated wall sign. 24"h x 34'-0 x 2"deep pan. Team storeJob Value: $4,000Status: issuedType: SignsBusiness Name: South Water SignsApplicant: Dierdre LarsenFees: $300Effective Date: 2018-04-23Permit Number: 100682032
April 23, 2018
Description: Michigan ave: sf non-illuminated wall sign. 24"h x 24 x 2"deep pan. Cubs logo 01Job Value: $4,000Status: issuedType: SignsBusiness Name: South Water SignsApplicant: Dierdre LarsenFees: $250Effective Date: 2018-04-23Permit Number: 100682033
April 23, 2018
Description: Michigan ave: sf non-illuminated wall sign. 24"h x 24 x 2"deep pan. Cubs logo 02Job Value: $850Status: issuedType: SignsBusiness Name: South Water SignsApplicant: Dierdre LarsenFees: $250Effective Date: 2018-04-23Permit Number: 100682034
April 23, 2018
Description: Erie ave: sf non-illuminated wall sign. 24"h x 24 x 2"deep pan. Cubs logo 03Job Value: $4,000Status: issuedType: SignsBusiness Name: South Water SignsApplicant: Dierdre LarsenFees: $250Effective Date: 2018-04-23Permit Number: 100682035
September 21, 2012
Description: Erect (1) spider modular scaffold from 9-19-12 to 9-19-13Status: issuedType: ScaffoldingBusiness Name: Mark 1 Waterproofing & RestApplicant: 663 N. Michigan LLCFees: $100Effective Date: 2012-09-21Permit Number: 100459161
November 12, 2008
Description: Erect one scaffolding: scaffolding will move around building on monthly bases. From 11/10 to 110/10/09. Subject to feild inspectionStatus: issuedType: ScaffoldingBusiness Name: Golf Construction LLCApplicant: Usw Equities Asst MangementFees: $100Effective Date: 2008-11-12Permit Number: 100266946
July 7, 2007
Description: Installation of pelco spectra III camera on traffic light pole at 19 above ground level we will also be mounting a network box at 11 above ground level. We will be attaching the camera to the network box via low voltage cableing routed inside the traffic light pole. We will be powering the network box from the nearest traffic controller box located at street level. This will be a 120vac circuit tapped off the traffic controller box running through existing manholes at the intersectionJob Value: $27,000Status: issuedType: Electric wiringBusiness Name: Quantum Crossings LLCFees: $40Effective Date: 2007-07-07Permit Number: 100113507
May 31, 2007
Description: Telecommunications cablingJob Value: $49,110Status: issuedType: Electric wiringBusiness Name: Maron Electronic Switching SYSFees: $40Effective Date: 2007-05-31Permit Number: 100142196
November 3, 2006
Description: South elevation west end of building. Switch is part of ul signJob Value: $500Status: issuedType: SignsBusiness Name: White WAY Sign & MaintenanceFees: $222Effective Date: 2006-11-03Permit Number: 100136076
September 22, 2006
Description: S-7291 replace fire alarm system fire prevention bureau #100137766Status: issuedType: Electric wiringBusiness Name: Divane Bros Electric COFees: $40Effective Date: 2006-09-22Permit Number: 100138547
August 8, 2006
Description: Interior alterations (demolition and construction) for retail tenant on 1st 2nd & 3rd floors per plans. -conditional permit subject to field verificationJob Value: $4,100,000Status: issuedType: Renovation/alterationBusiness Name: Admiral Heat &vent INC; Dewalt Mark D; Maron Electric Company; Pl13256 Kavanaugh Plumbing COApplicant: Kevin RaukmanFees: $47,142Effective Date: 2006-08-08Permit Number: 100125395
July 14, 2006
Description: Installation of a low voltage security alarm focas 200-65 niketown 131-02374-29Job Value: $5,688Status: issuedType: Electric wiringBusiness Name: ADT INCFees: $40Effective Date: 2006-07-14Permit Number: 100115185
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$1,520,238.50From latest Total Assessed Value20.22%Total Assessed Value$7,519,538=Land+
Assessed Value$859,500Additions
Assessed Value$6,660,038
In 2021, taxes billed for 663 Michigan Ave were $1,520,238.5, which is 20.22% from latest Total Assessed Value of $7,519,538.
Property History
663 Michigan Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 663 Michigan Ave
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 663 Michigan Ave.
Walkability Index
14 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
663 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
Low
20°F
High
34°F
Summer
Average
Low
63°F
High
81°F
In the winter at 663 Michigan Ave, 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 663 Michigan Ave
Public Schools
Ogden Elementary School
Grades: KG-8
0.49 mi
D+
Wells Community Academy High School
Grades: 9-12
2.32 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 663 Michigan Ave have ratings undefined, and undefined.
Neighborhood
This property is located in Near North Side, 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 Near North Side.
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 663 Michigan Ave over selected time period.
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