Commercial > Hospitality
Sold
01/20/2022
Sold Price
$22,136,000$139/ft²
225 Wabash Ave
Chicago, IL 60601
- -Bed
- -Bath
- 159,400ft²Living Area
- 9,426ft²Lot Size
- -Pool
- -Car
- 1961Year Built
- -DOM
- 41Permits
225 Wabash Ave, Chicago, IL 60601 is a 159,400 ft² commercial hospitality property property built in 1961 on a 0.216 acre lot with 41 construction permits. This commercial hospitality property is currently off market, and it was last sold in 2022 for $22,136,000.
Permits
225 Wabash Ave has 41 permit records of total value of $5,976,740.
Permit History
41
Permits
$5,976,740
Total Permit Value
May 9, 2023
Description: Masonry restoration tuckpointing replace damaged brick caulking flashing and weeps installationJob Value: $93,500Status: issuedType: Easy permit processBusiness Name: Mark C Construction CorpApplicant: Hotel Monoco/mr Nicholas DzierzanowskiFees: $525Effective Date: 2023-05-09Permit Number: 101015966
September 9, 2022
Description: Masonry restoration of the south wall including sealant replacement and restoration tuckpointing replace damamged brick flashing and weeps installationJob Value: $258,800Status: issuedType: Easy permit processBusiness Name: Mark C Construction CorpApplicant: Hotel Monaco Nick DzierzanowskiFees: $525Effective Date: 2022-09-09Permit Number: 100987877
September 2, 2022
Description: Replace the existing carrier rooftop unit like for like with a new carrier 27 ton rooftop unit self contained air cooled r410aStatus: issuedType: Easy permit processBusiness Name: AMS Mechanical Systems INCApplicant: Kimpton Hotel MonacoFees: $300Effective Date: 2022-09-02Permit Number: 100987204
June 28, 2021
Description: Masonry and sealant restoration tuckpointing sealent replacement flashing and weeps installation - south elevationJob Value: $138,601Status: issuedType: Easy permit processBusiness Name: Mark C Construction CorpApplicant: Hotel Monaco Nicolas DzierzanowskiFees: $525Effective Date: 2021-06-28Permit Number: 100928828
April 22, 2019
Description: Interior renovation of existing and new millwork at existing hotel lobby. No change to occupancy classificationJob Value: $10,000Status: issuedType: Renovation/alterationBusiness Name: Artman Timothy J; MAP Strategies; Norcon INCApplicant: Xenia Hotels & Resorts, IncFees: $575Effective Date: 2019-04-22Permit Number: 100811679
April 4, 2019
Description: Masonry restoration tuckpointing, flashing instalation, lintel restorationJob Value: $230,000Status: issuedType: Easy permit processBusiness Name: Permex Remodeling INCApplicant: Hotel Monoco/mr Nicholas DzierzanowskiFees: $525Effective Date: 2019-04-04Permit Number: 100812680
March 6, 2019
Description: Remove light fixtures and replace with new at existing locations.rework receptacles for mill-work installationJob Value: $5,000Status: issuedType: Electric wiringBusiness Name: Kelso Burnett COFees: $75Effective Date: 2019-03-06Permit Number: 100807768
September 14, 2018
Description: Self-cert: renovation of 170 guest rooms suites and guest room corridors from the 2nd floor through the 14th floor. Work to include installation of new interior finishes equipment and replacement of select plumbing and electrical workJob Value: $2,750,000Status: issuedType: Renovation/alterationBusiness Name: Burnham Nationwide INC; Kasprak David V; Kelso Burnett CO; Norcon INC; Titan Mechanical CorpApplicant: Ia Lodging Chicago Wabash, LLCFees: $13,886Effective Date: 2018-09-14Permit Number: 100781856
April 19, 2018
Description: West elevation: 1'-6 x 2'-4 illuminated menuboard displayJob Value: $1,200Status: issuedType: SignsBusiness Name: Olympic Signs INCFees: $250Effective Date: 2018-04-19Permit Number: 100739260
April 19, 2018
Description: West elevation: 5'-10 x 5'-6 led illuminated flat wall fisk & coJob Value: $3,200Status: issuedType: SignsBusiness Name: Olympik Signs INCFees: $250Effective Date: 2018-04-19Permit Number: 100739259
April 19, 2018
Description: West elevation: 7'-10 x 1'-2 led illuminated flat wall sign fisk & coJob Value: $3,200Status: issuedType: SignsBusiness Name: Olympic Signs INCFees: $250Effective Date: 2018-04-19Permit Number: 100739256
April 17, 2018
Description: Masonry restoration tuckpointing, rebuild parapet wall replace roof flashing, replace lintelsJob Value: $227,123Status: issuedType: Easy permit processBusiness Name: Arthur Kurzydlo; Permex Remodeling INCApplicant: Hotel MonocoFees: $525Effective Date: 2018-04-17Permit Number: 100757198
April 11, 2018
Description: Removal of one (1) 750lb.cap pb operation 2-stop vertical wheelchair lift to accomidate installation of one new vertical wheelchair lift under permit # 100749508. Pursuant to the scope of work submitted. Ev006986Status: issuedType: Elevator equipmentBusiness Name: Access Elevator INC; Aero ElevatorApplicant: Xenia Hotels and Resorts,incFees: $200Effective Date: 2018-04-11Permit Number: 100756487
March 22, 2018
Description: Low voltage cabling in reference to general permit #100728292Job Value: $5,600Status: issuedType: Electric wiringBusiness Name: STS Solutions INCFees: $75Effective Date: 2018-03-22Permit Number: 100753019
March 2, 2018
Description: North elevation: window signage (1 of 3 on wacker) decal lettering breakfast brunch lunch dinner happy hourJob Value: $400Status: issuedType: SignsBusiness Name: Olympic Signs INCFees: $250Effective Date: 2018-03-02Permit Number: 100739262
March 2, 2018
Description: North elevation: window signage (2 of 3 on wacker) - decal lettering shucking mussels drinking beerJob Value: $400Status: issuedType: SignsBusiness Name: Olympic Signs INCFees: $250Effective Date: 2018-03-02Permit Number: 100739264
March 2, 2018
Description: West elevation: window signage (3 of 3 on wabash) - decal lettering breakfast brunch lunch dinner happy hourJob Value: $400Status: issuedType: SignsBusiness Name: Olympic Signs INCFees: $250Effective Date: 2018-03-02Permit Number: 100739271
March 2, 2018
Description: West elevation: window signage (2 of 3 on wabash) - decal lettering shucking mussels drinking beerJob Value: $400Status: issuedType: SignsBusiness Name: Olympic Signs INCFees: $250Effective Date: 2018-03-02Permit Number: 100739270
March 2, 2018
Description: West elevation: window signage (1 of 3 on wabash) - decal lettering breakfast brunch lunch dinner happy hourJob Value: $400Status: issuedType: SignsBusiness Name: Olympic Signs INCFees: $250Effective Date: 2018-03-02Permit Number: 100739269
March 2, 2018
Description: North elevation: window signage (3 of 3 on wacker) - decal lettering breakfast brunch lunch dinner happy hourJob Value: $400Status: issuedType: SignsBusiness Name: Olympic Signs INCFees: $250Effective Date: 2018-03-02Permit Number: 100739266
March 1, 2018
Description: Installtion of one (1) 750lb.cap 20 fpm 2-#50 roller chains savaria commercial model v-1504 chain hydraulic vertical wheelchair lift eith the enclosure being supplied by others in the hotel monaco in an unnamed location. Pursuant to the plans submittedJob Value: $25,684Status: issuedType: Elevator equipmentBusiness Name: Access Elevator INC; Aero ElevatorApplicant: Hotel MonacoFees: $200Effective Date: 2018-03-01Permit Number: 100749508
November 22, 2017
Description: Self-cert: interior alterations to existing c-2 small assembly restaurant as per plans. Structural peer reviewJob Value: $225,000Status: issuedType: Renovation/alterationBusiness Name: Burnham Nationwide INC; DNR Electrical Contractors; Fettes Love & Sieben; Kasprak David VApplicant: Ia Lodging Chicago Wabash, LLCFees: $2,532Effective Date: 2017-11-22Permit Number: 100728292
November 21, 2016
Description: Self cert; interior non-structural renovation of 20 existing hotel suite bathrooms per plansJob Value: $80,000Status: issuedType: Renovation/alterationBusiness Name: AMS Mechanical Systems INC; Continental Contractors INC; Ewert William F; Shafer JosephApplicant: Jack ElkingsFees: $5,075Effective Date: 2016-11-21Permit Number: 100676303
March 25, 2016
Description: Masonry restoration: tuckpoint. Rebuild parapet wall replace roof flashingJob Value: $126,000Status: issuedType: Easy permit processBusiness Name: Permex Remodeling INCApplicant: Hotel MonacoFees: $550Effective Date: 2016-03-25Permit Number: 100641568
December 10, 2015
Description: Self-cert: interior alterations to existing ground floor restaurant as per plans. No change to existing useJob Value: $933,000Status: issuedType: Renovation/alterationBusiness Name: Burnham Nationwide INC; Carlyn Electrical Construction; Columbia Sheet Metal Works; Kasprak David VApplicant: Ia Lodging Chicago Wabash, LLCFees: $1,622Effective Date: 2015-12-10Permit Number: 100614586
July 13, 2015
Description: Masonry restoration. Tuckpointing 100sqft. Rebuild parapet wall. Remove and replace roof flashingStatus: issuedType: Easy permit processBusiness Name: Permex Remodeling INCApplicant: Hotel MonacoFees: $350Effective Date: 2015-07-13Permit Number: 100604446
May 16, 2014
Description: Repair/rebuild parapet wall and tuck point the mechanical penthouseJob Value: $81,000Status: issuedType: Easy permit processBusiness Name: Permex Remodeling INCApplicant: Hotel MonacoFees: $325Effective Date: 2014-05-16Permit Number: 100541112
January 27, 2014
Description: Installation of (1) halo lit set of letters to be installed on the top of a new glass canopy to be mounted at siteJob Value: $3,600Status: issuedType: SignsBusiness Name: Doyle Sigins INCFees: $300Effective Date: 2014-01-27Permit Number: 100503470
October 16, 2013
Description: Repair and rebuild northwest corner parapet wall of the mechanical penthouseJob Value: $35,000Status: issuedType: Easy permit processBusiness Name: Arthur Kurzydlo; Permex Remodeling INCApplicant: Hotel MonacoFees: $325Effective Date: 2013-10-16Permit Number: 100513543
January 30, 2013
Description: Replace existing light fixtures in the lobby; 2nd floor bathroom and 3rd floor meeting rooms with new. No new circuitry requiredJob Value: $32,000Status: issuedType: Electric wiringBusiness Name: JMS Electric INCFees: $50Effective Date: 2013-01-30Permit Number: 100475851
January 25, 2013
Description: Interior alterations to existing hotel meeting space to include replacement of two existing moveable partition walls. No mep no change of use as per plansJob Value: $131,535Status: issuedType: Renovation/alterationBusiness Name: Burnham Nationwide INC; Graycor Construction Company; Toolis Michael AApplicant: Chief Hotel Ii, LLCFees: $937Effective Date: 2013-01-25Permit Number: 100471635
December 18, 2012
Description: Lighting retrofit on main floor and river roomJob Value: $30,000Status: issuedType: Electric wiringBusiness Name: Grand Kahn LLCApplicant: Nicholas DzierzanowskiFees: $50Effective Date: 2012-12-18Permit Number: 100470294
August 15, 2011
Description: Interior renovation to an existing fitness room at hotel monaco per the planJob Value: $40,000Status: issuedType: Renovation/alterationBusiness Name: Besch Steven P; Heatmasters INC; James Mchugh Construction CO; JMS Electric INCApplicant: Nick WelkerFees: $375Effective Date: 2011-08-15Permit Number: 100404942
July 6, 2011
Description: Expansion of hotel's fitness centerJob Value: $12,000Status: issuedType: Electric wiringBusiness Name: JMS Electric INCFees: $100Effective Date: 2011-07-06Permit Number: 100401290
April 18, 2011
Description: Install software and hardware change to upgrade firemans service to 2001 chicago elevator code without elevator lobby control panel for three (3) 15 stop traction elevators. Pursuant to scope of work submittedJob Value: $14,919Status: issuedType: Elevator equipmentBusiness Name: Thyssenkrupp Elevator; TK ElevatorApplicant: Hotel MonacoFees: $300Effective Date: 2011-04-18Permit Number: 100390343
September 14, 2010
Description: Replacement the entry and bathroom fixture in (190) of the guestrooms with new utilizing the existing circuitry and junction box locationsJob Value: $86,000Status: issuedType: Electric wiringBusiness Name: JMS Electric INCFees: $50Effective Date: 2010-09-14Permit Number: 100363098
May 28, 2010
Description: Roof repairs only. All work non structural. Subject to field inspectionJob Value: $279,000Status: issuedType: Easy permit processApplicant: Hotel Monroe ChicagoFees: $175Effective Date: 2010-05-28Permit Number: 100346523
July 30, 2007
Description: Tuckpointing & brick replacement as required. 100-200 sq. Ft. No other work to be performed under this permitJob Value: $97,377Status: issuedType: Easy permit processBusiness Name: LS Contracting GroupApplicant: Prisa Hotel, LLCFees: $1,325Effective Date: 2007-07-30Permit Number: 100191853
July 20, 2007
Description: Erect two scaffold mkd swingstage from 7/20/07 to 7/19/08Job Value: $1Status: issuedType: ScaffoldingBusiness Name: LS Contracting GroupApplicant: Prisa Hotel, LLCFees: $50Effective Date: 2007-07-20Permit Number: 100190314
November 6, 2006
Description: Power lights for outdoor canopyJob Value: $6,000Status: issuedType: Electric wiringBusiness Name: Hyre Electric CompanyFees: $40Effective Date: 2006-11-06Permit Number: 100147183
May 19, 2006
Description: Erct 4 spider modular swingstage scaffoldsJob Value: $10,000Status: issuedType: ScaffoldingBusiness Name: Mark 1 RestorationApplicant: Hotel Monoco LLCFees: $50Effective Date: 2006-05-19Permit Number: 100113818
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$575,967.94From latest Total Assessed Value20.11%Total Assessed Value$2,864,218=Land+
Assessed Value$1,001,512Additions
Assessed Value$1,862,706
In 2021, taxes billed for 225 Wabash Ave were $575,967.94, which is 20.11% from latest Total Assessed Value of $2,864,218.
Property History
225 Wabash Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 225 Wabash Ave
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 225 Wabash Ave.
Walkability Index
19 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
225 Wabash 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
Low
20°F
High
34°F
Summer
Average
Low
63°F
High
81°F
In the winter at 225 Wabash Ave, 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 225 Wabash Ave
Public Schools
Phillips Academy High School
Grades: 9-12
4.30 mi
F
South Loop Elementary School
Grades: PK-8
1.38 mi
B
* 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 225 Wabash Ave 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 225 Wabash Ave over selected time period.
Nearby Properties on Wabash Ave
- 401 N Wabash Ave # P141, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P142, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P143, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P144, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P145, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave, Chicago, IL 60611 (River North) is a 2.25 acre property. It has an estimate of $85,770.
- 401 N Wabash Ave # P147, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P148, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave #Unit 40j, Chicago, IL 60611 (River North) is a 2.25 acre property. It has an estimate of $88,480.
- 401 N Wabash Ave #Unit 49a, Chicago, IL 60611 (River North) is a 2.25 acre property. It has an estimate of $87,910.
- 401 N Wabash Ave # P151, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P152, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P153, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P155, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P156, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P157, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P115, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P116, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P117, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P118, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P119, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P120, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P121, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P122, Chicago, IL 60611 (River North) is a 2.25 acre property.
- 401 N Wabash Ave # P123, Chicago, IL 60611 (River North) is a 2.25 acre property.
- View more properties on Wabash Ave