?
  • Chat with Us
  • Submit Feedback
  • TopHap Academy
  • What's New?
Sign InSign Up Free

© 2024 TopHap. All rights reserved.

Commercial > Retail
Sold
03/07/2018
Sold Price
$3,856,000$254/ft²

314 Institute Pl
Chicago, IL 60610

  • -
    Bed
  • -
    Bath
  • 15,200
    ft²
    Living Area
  • 2,725
    ft²
    Lot Size
  • -
    Pool
  • -
    Car
  • 1949
    Year Built
  • -
    DOM
  • 9
    Permits
314 Institute Pl, Chicago, IL 60610 is a 15,200 ft² commercial retail property property built in 1949 on a 0.063 acre lot with 9 construction permits. This commercial retail property is currently off market, and it was last sold in 2018 for $3,856,000.

    Permits

    314 Institute Pl has 9 permit records of total value of $739,198.

    Permit History
    9
    Permits
    $739,198
    Total Permit Value
    October 8, 2019
    Description: Grind and point approxmately 200 sf of existing masonary wallJob Value: $3,500Status: issuedType: Easy permit processBusiness Name: American Masonry& Supply INCFees: $350Effective Date: 2019-10-08Permit Number: 100844958
    May 30, 2019
    Description: Installation of non-illuminated tenant panel directory on south elevationto read: 314 west institute placeJob Value: $2,000Status: issuedType: SignsBusiness Name: Comet Neon INCApplicant: Jim SayeghFees: $250Effective Date: 2019-05-30Permit Number: 100816051
    November 21, 2018
    Description: Self-cert: interior alterations to suites lle & llw 1w 2w 3w in existing 3 story office building. No change of useJob Value: $240,000Status: issuedType: Renovation/alterationBusiness Name: A&C Heating & Cooling; Burnham Nationwide INC; EP Construction LLC; Highlights Chicago INCApplicant: Ep 314 Wip, LLCFees: $4,360Effective Date: 2018-11-21Permit Number: 100792304
    November 14, 2018
    Description: Provide and install one(1) 750lb capacity 10fpm vertical platform lift at staircase in lobby with ada emergency phone pursuant to the scope of work plans submitted.(ev002884)Job Value: $16,858Status: issuedType: Elevator equipmentBusiness Name: DME Access LLC Evc046Applicant: James J. Sayegh Ep 314 Wip LLCFees: $200Effective Date: 2018-11-14Permit Number: 100793124
    November 14, 2018
    Description: Installation of one(1) ewgt 3000lb capacity 4stop 7 opening 100fpm passenger elevator pursuant to the sope of work submitted.(ev002884)Job Value: $168,440Status: issuedType: Elevator equipmentBusiness Name: Carlsen's ElevatorApplicant: Ep Construction LLCFees: $510Effective Date: 2018-11-14Permit Number: 100793182
    November 14, 2018
    Description: Removal of one(1)3000lb capacity 4 stop frieght elevator pursuant to scope of work submitted.(ev002884)Job Value: $3,400Status: issuedType: Elevator equipmentBusiness Name: Carlsen's ElevatorApplicant: Ep Construction LLCFees: $255Effective Date: 2018-11-14Permit Number: 100793168
    July 30, 2018
    Description: Interior renovation of an existing 3-story commercial office building. Update the existing mechanical electrical & plumbing systems in 5 of the 8 existing office suites. Demolish and install new hc toilet rooms. Convert existing freight elevator to passenger elevator. Install new at grade hc entrance with lift. Install new roof top units. Per plans **certified plans corrections: conditional permit subject to field inspections **Job Value: $240,000Status: issuedType: Renovation/alterationBusiness Name: A&C Heating & Cooling; EP Construction LLC; Gary Warren; Highlights Chicago INCApplicant: James SayeghFees: $5,384Effective Date: 2018-07-30Permit Number: 100759538
    April 3, 2018
    Description: Electrical service upgradeJob Value: $30,000Status: issuedType: Electric wiringBusiness Name: Texa EngineeringFees: $300Effective Date: 2018-04-03Permit Number: 100754164
    March 12, 2018
    Description: Roof replacement same as existing. All work subject to field inspectionsJob Value: $35,000Status: issuedType: Easy permit processApplicant: James J. Sayegh Ep 314 Wip LLCFees: $525Effective Date: 2018-03-12Permit Number: 100751332

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$111,463.06
      From latest Total Assessed Value20.11%
      Total Assessed Value$554,292
      =
      Land
      Assessed Value      $74,937
      +
      Additions
      Assessed Value      $479,355

      • In 2021, taxes billed for 314 Institute Pl were $111,463.06, which is 20.11% from latest Total Assessed Value of $554,292.

    Property History

    314 Institute Pl has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 314 Institute Pl

    • Hazard Risks

      Tornado
      208
      Wind
      153
      Hail
      143
      Particulates
      142
      Weather
      104
      Air Pollution
      103
      Carb Mono
      101
      Nat'l Avg
      100
      Ozone
      100
      Lead
      55
      Earthquake
      39
      Hurricane
      15

      • 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 314 Institute Pl.

      Walkability Index

      20 /20

      Most Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      314 Institute Pl has a walkability score of 20 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

      63°F

      High

      81°F

      In the winter at 314 Institute Pl, temperatures range from 19.85°F to 33.95°F with an average of 26.9°F. In the summer, the temperature ranges from 62.53°F to 80.75°F with and average of 71.64°F.

    School Information

    Public/private schools serving 314 Institute Pl

      Public Schools

      Jenner Elementary Academy of the Arts
      Grades: PK-8
      0.71  mi
      Wells Community Academy High School
      Grades: 9-12
      1.65  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 314 Institute Pl have ratings undefined, and undefined.

    Neighborhood

    This property is located in Near North Side, Chicago, IL 60610.

    • Region

      • Boundary map of Near North Side.

      Crime Index for 60610

      169

      High Crime Index
      169

      The crime index in 60610 is 169, which is 1.7 times higher than national average.

    • Seasonal Housing units 60610

      26%

      of housing is for seasonal rent.

      Daytime Population for 60610

      +46%

      of people during work hours.

    Market Trends

    Historical market data near 314 Institute Pl over selected time period.

    Nearby Properties on Institute Pl

    USAILCook CountyChicagoInstitute Pl