Commercial > Hospitality
Sold
08/20/2013
Sold Price
$9,500,000$131/ft²
68 Wacker Pl
Chicago, IL 60601
- -Bed
- -Bath
- 72,500ft²Living Area
- 4,800ft²Lot Size
- -Pool
- -Car
- 1928Year Built
- -DOM
- 19Permits
68 Wacker Pl, Chicago, IL 60601 is a 72,500 ft² commercial hospitality property property built in 1928 on a 0.110 acre lot with 19 construction permits. This commercial hospitality property is currently off market, and it was last sold in 2013 for $9,500,000.
Permits
68 Wacker Pl has 19 permit records of total value of $24,792,684.
Permit History
19
Permits
$24,792,684
Total Permit Value
May 20, 2021
Description: Replace hoist ropes on passenger elevators 1, 2 & 3 subject to city of chicago dept. Of buildings elevator bureau inspection (ev006346)Job Value: $47,000Status: issuedType: Elevator equipmentBusiness Name: Kone Elevator CompanyApplicant: Hampton InnFees: $450Effective Date: 2021-05-20Permit Number: 100923114
January 31, 2020
Description: Three sided canopy signs facing east south and west with a total of 21 square feet of text. The canopy permit number is #100575342Job Value: $4,000Status: issuedType: SignsBusiness Name: Depaul Electric Services INC; South Water SignsFees: $500Effective Date: 2020-01-31Permit Number: 100598090
January 7, 2019
Description: Erect scaffold from 01/08/2019 to 01/08/2020Job Value: $1Status: issuedType: ScaffoldingFees: $150Effective Date: 2019-01-07Permit Number: 100799777
September 16, 2015
Description: Replace controller on (1) 2500# cap gearless passenger elevator due to water damage (like for like) (#1 car). Ev006346Job Value: $132,130Status: issuedType: Elevator equipmentBusiness Name: Kone Elevator CompanyApplicant: Mei Hotels IncFees: $325Effective Date: 2015-09-16Permit Number: 100613392
July 27, 2015
Description: Reface led illuminated cabinet wall sign recessed into the south wall with 9 square feet of text most westerlyJob Value: $2,000Status: issuedType: SignsBusiness Name: Depaul Electric Services INC; South Water SignsFees: $250Effective Date: 2015-07-27Permit Number: 100596195
July 27, 2015
Description: Led illuminated wall sign recessed into the south wall with 9 square feet of text most easterlyJob Value: $2,000Status: issuedType: SignsBusiness Name: Depaul Electric Services INC; South Water SignsFees: $250Effective Date: 2015-07-27Permit Number: 100596194
April 24, 2015
Description: Addition of a new entry canopy and new exterior lights on an existing high-rise building. 250sf gop permit #1114794. Refer to 100558903 for original main building permitJob Value: $50,000Status: issuedType: New constructionBusiness Name: Alessandro Paul; Burnham Nationwide INC; Gibson Electric CO INC; Walsh Construction CompanyApplicant: Integrated Motor Club LLCFees: $825Effective Date: 2015-04-24Permit Number: 100575342
April 13, 2015
Description: Revision to permit 100558903 for minor interior layout changes to the basement and lower ground level only of existing hotel. Work to include changes to architectural mechanical electrical & plumbing. No change to existing use: hotelJob Value: $175,000Status: issuedType: Renovation/alterationBusiness Name: Adamson Plumbing Contractor; Alessandro Paul; Burnham Nationwide INC; Gibson Electric CO INCApplicant: Integrated Motor Club LLCFees: $2,768Effective Date: 2015-04-13Permit Number: 100588053
March 31, 2015
Description: Installation of high rise fa system in a new hotel per chapter #13-76. Sb, b, lower gnd upper gnd 1-mezz, 2-15+2ph fls. An elevator re-call is part of the scope. Ck#57874;$500.00Status: issuedType: Electric wiringBusiness Name: Gibson Electric CO INCFees: $50Effective Date: 2015-03-31Permit Number: 100532708
September 17, 2014
Description: Modernization of (2) 16-stop & (1) 17-stop 2500# cap gearless passenger elevators pursuant to scope of work submitted. All work to be made in compliance with 2010 city of chicago elevator code. (ev006346)Job Value: $965,000Status: issuedType: Elevator equipmentBusiness Name: Kone Elevator CompanyApplicant: Integrated Motor Club, LLCFees: $1,725Effective Date: 2014-09-17Permit Number: 100559731
September 11, 2014
Description: Convert existing 15-story historic office building into a 143-key hotel with partial 1, 315 sf green roof. All work as per plansJob Value: $21,037,084Status: issuedType: Renovation/alterationBusiness Name: Alessandro PaulApplicant: Integrated Motor Club LLCFees: $24,925Effective Date: 2014-09-11Permit Number: 100558903
January 29, 2014
Description: Installation of temporary us-8000 rack and pinion single construction hoist on north (alley) elevationJob Value: $95,000Status: issuedType: New constructionBusiness Name: Tinder Joseph B; Walsh Construction Company IIApplicant: Tim ShieldsFees: $375Effective Date: 2014-01-29Permit Number: 100518011
January 29, 2014
Description: Installation of (1) 8000# cap 17-stop temporary personnel hoist pursuant to plans submittedJob Value: $92,000Status: issuedType: Elevator equipmentBusiness Name: USA Hoist CorporationApplicant: Integrated Motor Club LLCFees: $500Effective Date: 2014-01-29Permit Number: 100525611
January 16, 2014
Description: Interior demolition to non-load bearing partitions in an existing office building on all floors as per plans. No work to be done on any historical elements of the building. No change in useJob Value: $2,000,000Status: issuedType: Renovation/alterationBusiness Name: Alessandro Paul; Burnham Nationwide INC; Gibson Electric CO INC; Heatmasters INCApplicant: Integrated Motor Club LLCFees: $11,131Effective Date: 2014-01-16Permit Number: 100515731
October 1, 2013
Description: Erect 2 swing stage scaffolds from 10-1-13 to 10-1-14Job Value: $1Status: issuedType: ScaffoldingBusiness Name: MBB Enterprises OF Chicago INApplicant: Integrated Motor Club LLCFees: $200Effective Date: 2013-10-01Permit Number: 100511428
September 20, 2013
Description: Permit to protect a mural by covering/securing the building exterior. Remove abondonded debris and board up buildingJob Value: $125,000Status: issuedType: Easy permit processBusiness Name: Burnham Nationwide INC; Walsh Construction CompanyApplicant: Integrated Motor Club LLCFees: $200Effective Date: 2013-09-20Permit Number: 100508014
April 4, 2012
Description: Masonry repairs per critical examination report including tuckpointing reset/replace certain displaced masonry limestone dutchman repairs and crack repairsJob Value: $66,466Status: issuedType: Easy permit processBusiness Name: Best Quality Construction INC; MBB Enterprises OF Chicago INApplicant: Chicago Motor Club BuildingFees: $325Effective Date: 2012-04-04Permit Number: 100434319
April 18, 2011
Description: Erect 1 hi lo modualr scaffold from 4/18/2011 to 4/18/2012Job Value: $1Status: issuedType: ScaffoldingApplicant: Markwell PropertiesFees: $100Effective Date: 2011-04-18Permit Number: 100390233
April 28, 2009
Description: Erect 1 swig stage scaffold from 04/29/2009 to 04/29/2010Job Value: $1Status: issuedType: ScaffoldingBusiness Name: MBB Enterprises OF Chicago INApplicant: Dave SacksFees: $100Effective Date: 2009-04-28Permit Number: 100288858
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$270,867.94From latest Total Assessed Value20.11%Total Assessed Value$1,346,993=Land+
Assessed Value$600,000Additions
Assessed Value$746,993
In 2021, taxes billed for 68 Wacker Pl were $270,867.94, which is 20.11% from latest Total Assessed Value of $1,346,993.
Property History
68 Wacker Pl has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 68 Wacker Pl
Hazard Risks
Tornado205Wind158Hail147Particulates134Carb Mono105Air Pollution105Weather103Ozone102Nat'l Avg100Lead57Earthquake43Hurricane16
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 68 Wacker Pl.
Walkability Index
19 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
68 Wacker Pl 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 68 Wacker Pl, temperatures range from 20.23°F to 34.07°F with an average of 27.15°F. In the summer, the temperature ranges from 62.82°F to 80.75°F with and average of 71.79°F.
School Information
Public/private schools serving 68 Wacker Pl
Public Schools
Ogden Elementary School
Grades: KG-8
0.93 mi
D+
Phillips Academy High School
Grades: 9-12
4.33 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 68 Wacker Pl have ratings undefined, and undefined.
Neighborhood
This property is located in Loop, Chicago, IL 60601.
Seasonal Housing units 60601
63%of housing is for seasonal rent.
Daytime Population for 60601
+412%of people during work hours.
Boundary map of Loop.
Crime Index for 60601
171
171
The crime index in 60601 is 171, which is 1.7 times higher than national average.
Market Trends
Historical market data near 68 Wacker Pl over selected time period.
Nearby Properties on Wacker Pl
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- 65 E Wacker Pl #Ste 300, Chicago, IL 60601 (Loop) is a 0.08 acre property.
- 68 E Wacker Pl, Chicago, IL 60601 (Loop) is a 0.11 acre property.
- 66 E Wacker Pl, Chicago, IL 60601 (Loop) is a 2,300 square foot and 0.11 acre property.
- 65 E Wacker Pl, Chicago, IL 60601 (Loop) is a 0.08 acre property.