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Auto Repair, GarageCommercial
Last sold for $45,000,000 on Feb 5, 2015

321 S FRANKLIN ST

CHICAGO, IL 60606
0
Baths
511,700 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.28 ac
Lot SizeThe size of the land the home sits on, from county records.
1988
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$45,000,000 · Feb 5, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$562,049 (2023)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$3,547,760 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$454,463
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$3,093,297
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$2,663,864
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$14,191,040

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.48
62
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
70
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
70
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
40
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.27 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Auto Repair, Garage
CountyCook
Lot (acres)The size of the land the home sits on, from county records.0.28
HeatingThe type of heating system in the home.None

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
South Loop Elementary SchoolA
Elementary · Grades PK–8 · 0.8 mi
H
Phillips Academy High SchoolF
High · Grades 9–12 · 3.7 mi

District: Chicago Public School District 299

Neighborhood · ZIP 60606These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.156
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.104
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.42

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.38%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.2.1%
PopulationHow many people live in this area.6,494
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.24,333 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$128,830
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$174,002
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

321 S Franklin St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the largest homes in Cook County
  • Has a smaller lot than 98% of homes in Chicago 60606
  • Newer than 81% of homes in Cook County

How it measures up in Chicago 60606

The dot is this home. The mark in the middle is the typical home in Chicago 60606.

Living area511,700 ft²
SmallerTypical 1,500 ft²Bigger

Bigger than almost all homes nearby

Lot size0.28 ac
SmallerTypical 0.6 acBigger

Bigger than 2% of homes nearby

Year built1988
OlderTypical 1988Newer

Newer than 50% of homes nearby

How 321 S Franklin St ranks against every home in each area.
MeasureThis homeLoopChicago 60606Cook County
Living areabigger than511,700 ft²almost all homesalmost all homesalmost all homes
Lot sizebigger than0.28 ac7% of homes2% of homes74% of homes
Year builtnewer than198833% of homes50% of homes81% of homes

About 321 S Franklin St

When did 321 S Franklin St, Chicago, IL last sell?

321 S Franklin St, Chicago, IL last sold on Feb 5, 2015 for $45,000,000, according to the county's recorded deed.

How big is 321 S Franklin St, Chicago, IL?

321 S Franklin St, Chicago, IL has 511,700 square feet of living space and a 0.28-acre lot.

When was 321 S Franklin St, Chicago, IL built?

321 S Franklin St, Chicago, IL was built in 1988, making it 38 years old. The building has 1 story.

What schools serve 321 S Franklin St, Chicago, IL?

321 S Franklin St, Chicago, IL is assigned to South Loop Elementary School (elementary), rated A; Phillips Academy High School (high), rated F. All sit in Chicago Public School District 299. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 321 S Franklin St, Chicago, IL compare to other homes in Chicago 60606?

Among the 1,556 homes in Chicago 60606, it is bigger than almost all of them (511,700 ft² against a typical 1,500 ft²), its lot is bigger than 2% of them (0.28 ac against a typical 0.6 ac) and it is newer than 50% of them (1988 against a typical 1988). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 321 S Franklin St, Chicago, IL?

The 2023 property tax bill for 321 S Franklin St, Chicago, IL was $562,049. The county assessed it at $3,547,760.

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Assigned schools

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