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Commercial > Office
Sold
08/14/2001
Sold Price
$12,550,000$202/ft²

717 Michigan Ave
Chicago, IL 60611

  • -
    Bed
  • -
    Bath
  • 62,200
    ft²
    Living Area
  • 0.4
    ac
    Lot Size
  • -
    Pool
  • -
    Car
  • 1970
    Year Built
  • -
    DOM
  • 19
    Permits
717 Michigan Ave, Chicago, IL 60611 is a 62,200 ft² commercial office property property built in 1970 on a 0.375 acre lot with 19 construction permits. This commercial office property is currently off market, and it was last sold in 2001 for $12,550,000.

    Permits

    717 Michigan Ave has 19 permit records.

    Permit History
    19
    Permits

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$1,145,070.62
      From latest Total Assessed Value20.22%
      Total Assessed Value$5,663,850
      =
      Land
      Assessed Value      $2,452,500
      +
      Additions
      Assessed Value      $3,211,350

      • In 2021, taxes billed for 717 Michigan Ave were $1,145,070.62, which is 20.22% from latest Total Assessed Value of $5,663,850.

    Property History

    717 Michigan Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 717 Michigan Ave

    • Hazard Risks

      Tornado
      201
      Wind
      157
      Hail
      142
      Particulates
      133
      Weather
      104
      Carb Mono
      103
      Nat'l Avg
      100
      Air Pollution
      100
      Ozone
      99
      Lead
      53
      Earthquake
      47
      Hurricane
      12

      • 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 717 Michigan Ave.

      Walkability Index

      14 /20

      Somewhat Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      717 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

      27 °F

      Low

      20°F

      High

      34°F

      Summer
      Average

      72 °F

      Low

      63°F

      High

      81°F

      In the winter at 717 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 717 Michigan Ave

      Public Schools

      Ogden Elementary School
      Grades: KG-8
      0.43  mi
      D+
      Wells Community Academy High School
      Grades: 9-12
      2.31  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 717 Michigan Ave have ratings undefined, and undefined.

    Neighborhood

    This property is located in Near North Side, Chicago, IL 60611.

    • Region

      • Boundary map of Near North Side.

      Crime Index for 60611

      176

      About 2 times the national average
      176

      The crime index in 60611 is 176, which is 1.8 times higher than national average.

    • Seasonal Housing units 60611

      45%

      of housing is for seasonal rent.

      Daytime Population for 60611

      +155%

      of people during work hours.

    Market Trends

    Historical market data near 717 Michigan Ave over selected time period.

    Nearby Properties on Michigan Ave

    USAILCook CountyChicagoMichigan Ave