Commercial > Retail
Sold
09/23/2015
Sold Price
$295,000,000$2,458/ft²
673 Michigan Ave
Chicago, IL 60611
- -Bed
- -Bath
- 120,000ft²Living Area
- 7,880ft²Lot Size
- -Pool
- -Car
- 1937Year Built
- -DOM
- 11Permits
673 Michigan Ave, Chicago, IL 60611 is a 120,000 ft² commercial retail property property built in 1937 on a 0.181 acre lot with 11 construction permits. This commercial retail property is currently off market, and it was last sold in 2015 for $295,000,000.
Permits
673 Michigan Ave has 11 permit records of total value of $477,630.
Permit History
11
Permits
$477,630
Total Permit Value
May 23, 2019
Description: Install cctv systemJob Value: $4,500Status: issuedType: Electric wiringBusiness Name: Advanced Wiring SolutionsFees: $75Effective Date: 2019-05-23Permit Number: 100821517
April 1, 2019
Description: Redistribute existing power to new data receptacles. Install 12 new data locations in existing retail space for nike pop-up exhibit retail spaceJob Value: $5,000Status: issuedType: Electric wiringBusiness Name: Burnham Nationwide INC; DAX Electric INCApplicant: Nike IncFees: $75Effective Date: 2019-04-01Permit Number: 100811878
April 1, 2019
Description: Work in existing 1st floor retail space to include replacement and installation of new millwork and store fixtures. Remove & replace drywall and flooring. No change in layout. Electrical permit#100811878Job Value: $192,755Status: issuedType: Easy permit processBusiness Name: Burnham Nationwide INC; Hickory Oaks Construction CompApplicant: Jim Clugston Nike Inc. (retail Devision)Fees: $250Effective Date: 2019-04-01Permit Number: 100811918
March 29, 2019
Description: Installation of one (1) 45 kva transformer to provide temporary power to a conveyor for nike pop up exhibit retail space. Install 600v disconnect from the new transformer. Pipe and wire power to corridor and install 600v 60a disconnect to feed conveyorJob Value: $10,000Status: issuedType: Electric wiringBusiness Name: Burnham Nationwide INC; DAX Electric INCApplicant: Nike IncFees: $225Effective Date: 2019-03-29Permit Number: 100811663
August 21, 2018
Description: Remove and replace drywall and carpet. No load bearing partitions or walls are being altered. No electrical workJob Value: $100,000Status: issuedType: Easy permit processBusiness Name: Green Line Advisers; Hickory Oaks Construction CompApplicant: Jimmy Morton on Behalf of NikeFees: $250Effective Date: 2018-08-21Permit Number: 100778887
March 5, 2018
Description: Nike - 332-68927-01 - low voltage permit for low voltage burglar alarm installationJob Value: $2,875Status: issuedType: Electric wiringBusiness Name: Tyco Integrated Security LLCFees: $75Effective Date: 2018-03-05Permit Number: 100748400
February 22, 2018
Description: Work in 1st floor vacant commercial space only: replace drywall. Carpet.- (no other work to be performed under this permi) (no structural work)- all work same as existing; subject to field inspectionsJob Value: $100,000Status: issuedType: Easy permit processBusiness Name: Hickory Oaks Construction CompApplicant: Jimmy Mouton (nike)Fees: $250Effective Date: 2018-02-22Permit Number: 100748473
February 13, 2009
Description: Installation of new reverse illuminated led channel lettersJob Value: $9,000Status: issuedType: SignsBusiness Name: Depaul Electric Services INC; South Water SignsFees: $250Effective Date: 2009-02-13Permit Number: 100275535
July 7, 2007
Description: Relocate one (1) fire alarm horn to clear case work. No system additions. No new circuits. No other workJob Value: $5,000Status: issuedType: Electric wiringBusiness Name: Wiring INCFees: $60Effective Date: 2007-07-07Permit Number: 100068381
February 15, 2007
Description: S-7359 replace non-required fire alarmJob Value: $45,000Status: issuedType: Electric wiringBusiness Name: Divane Bros Electric COFees: $40Effective Date: 2007-02-15Permit Number: 100162946
November 27, 2006
Description: Fabricate & install non-illuminated awning sign awning 389197Job Value: $3,500Status: issuedType: SignsBusiness Name: SM Deluxe SignFees: $81Effective Date: 2006-11-27Permit Number: 100143671
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$454,772.06From latest Total Assessed Value20.22%Total Assessed Value$2,249,434=Land+
Assessed Value$1,182,000Additions
Assessed Value$1,067,434
In 2021, taxes billed for 673 Michigan Ave were $454,772.06, which is 20.22% from latest Total Assessed Value of $2,249,434.
Property History
673 Michigan Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 673 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 673 Michigan Ave.
Walkability Index
14 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
673 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 673 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 673 Michigan Ave
Public Schools
Ogden Elementary School
Grades: KG-8
0.47 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 673 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 673 Michigan Ave over selected time period.
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