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Commercial > Retail
Sold
07/01/2016
Sold Price
$18,500,000$2,984/ft²

727 Milwaukee Ave
Chicago, IL 60642

  • -
    Bed
  • -
    Bath
  • 6,200
    ft²
    Living Area
  • 2,735
    ft²
    Lot Size
  • -
    Pool
  • -
    Car
  • 1953
    Year Built
  • -
    DOM
  • 6
    Permits
727 Milwaukee Ave, Chicago, IL 60642 is a 6,200 ft² commercial retail property property built in 1953 on a 0.063 acre lot with 6 construction permits. This commercial retail property is currently off market, and it was last sold in 2016 for $18,500,000.

    Permits

    727 Milwaukee Ave has 6 permit records of total value of $2,572,238.

    Permit History
    6
    Permits
    $2,572,238
    Total Permit Value
    March 14, 2018
    Description: Structural changes and site revisions to full building permit 100672682 for a new construction 12, 757 sf 2-story retail/mercantile with roof deck shell and core only. The restrooms in new 2-story building to be built under separate tenant buildout permitJob Value: $2,000,000Status: issuedType: New constructionBusiness Name: DE Rouin Michael E; Great Lakes Plumbing & Heating; MAP Strategies; Midwest Masonry INCApplicant: Robert BondFees: $7,713Effective Date: 2018-03-14Permit Number: 100728661
    November 15, 2017
    Description: Install one (1) 3500lb.cap 3-floor 3500lb.cap hydraulic passenger elevator. Purusant to the plans submittedJob Value: $68,237Status: issuedType: Elevator equipmentBusiness Name: Thyssenkrupp Elevator; TK ElevatorApplicant: Robert BondFees: $405Effective Date: 2017-11-15Permit Number: 100735982
    March 9, 2017
    Description: Full building permit new construction for 2 story (1a) retail building w roof deck and trash enclosure(conditional permit subject to field inspection)Job Value: $500,000Status: issuedType: New constructionBusiness Name: DE Rouin Michael E; Great Lakes Plumbing & Heating; MAP Strategies; Midwest Masonry INCApplicant: Robert BondFees: $7,713Effective Date: 2017-03-09Permit Number: 100672682
    July 12, 2016
    Description: Wreck and remove a 1 story masonry and partially steel clad buildingJob Value: $1Status: issuedType: Wrecking/demolitionBusiness Name: National Wrecking COApplicant: Mb 1001 LLCFees: $500Effective Date: 2016-07-12Permit Number: 100656504
    September 5, 2013
    Description: Illuminated cabinet-style sign on southeast elevation with 36 square feet of textJob Value: $2,000Status: issuedType: SignsBusiness Name: Excel Electrical Technologies; Impact Signs & GraphicsFees: $250Effective Date: 2013-09-05Permit Number: 100476465
    September 5, 2013
    Description: Illuminated cabinet-style sign on southwest elevation with 36 square feet of textJob Value: $2,000Status: issuedType: SignsBusiness Name: Excel Electrical Technologies; Impact Signs & GraphicsFees: $250Effective Date: 2013-09-05Permit Number: 100476464

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$30,573.20
      From latest Total Assessed Value20.93%
      Total Assessed Value$146,061
      =
      Land
      Assessed Value      $20,512
      +
      Additions
      Assessed Value      $125,549

      • In 2021, taxes billed for 727 Milwaukee Ave were $30,573.2, which is 20.93% from latest Total Assessed Value of $146,061.

    Property History

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

    Property Events

    Environment

    Environmental factors around 727 Milwaukee Ave

    • Hazard Risks

      Tornado
      206
      Wind
      174
      Hail
      156
      Particulates
      147
      Ozone
      114
      Air Pollution
      111
      Weather
      108
      Carb Mono
      101
      Nat'l Avg
      100
      Lead
      55
      Earthquake
      43
      Hurricane
      11

      • 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 727 Milwaukee Ave.

      Walkability Index

      19 /20

      Most Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      727 Milwaukee Ave 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

      27 °F

      Low

      20°F

      High

      34°F

      Summer
      Average

      72 °F

      Low

      62°F

      High

      81°F

      In the winter at 727 Milwaukee Ave, temperatures range from 19.59°F to 33.95°F with an average of 26.77°F. In the summer, the temperature ranges from 62.29°F to 80.88°F with and average of 71.59°F.

    School Information

    Public/private schools serving 727 Milwaukee Ave

      Public Schools

      Ogden Elementary School
      Grades: KG-8
      1.28  mi
      D+
      Wells Community Academy High School
      Grades: 9-12
      0.85  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 727 Milwaukee Ave have ratings undefined, and undefined.

    Neighborhood

    This property is located in River West, Chicago, IL 60642.

    • Region

      • Boundary map of River West.

      Crime Index for 60642

      152

      High Crime Index
      152

      The crime index in 60642 is 152, which is 1.5 times higher than national average.

    • Seasonal Housing units 60642

      2%

      of housing is for seasonal rent.

      Daytime Population for 60642

      +36%

      of people during work hours.

    Market Trends

    Historical market data near 727 Milwaukee Ave over selected time period.

    Nearby Properties on Milwaukee Ave

    USAILCook CountyChicagoMilwaukee Ave