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Commercial > Multi-family / Apartments
Sold
02/04/2022
Sold Price
$645,000$145/ft²

5018 Michigan Ave
Chicago, IL 60615

  • 9
    Beds
  • 3
    Baths
  • 4,437
    ft²
    Living Area
  • 3,200
    ft²
    Lot Size
  • -
    Pool
  • 2
    Car
  • 1895
    Year Built
  • -
    DOM
  • 4
    Permits
5018 Michigan Ave, Chicago, IL 60615 is a 9 bed, 3 bath, 4,437 ft² multi-family/apartments property built in 1895 on a 0.073 acre lot with 4 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2022 for $645,000.

    Permits

    5018 Michigan Ave has 4 permit records of total value of $71,500.

    Permit History
    4
    Permits
    $71,500
    Total Permit Value
    January 27, 2022
    Description: Replace two furnaces (no ductwork); replace 7 plumbing fixtures and associated piping includes installation of kitchen island with sink install wet bar at basement repair decking at existing metal and wood deckJob Value: $55,000Status: issuedType: Easy permit processBusiness Name: Antolec INC; Deco Hvac; Patyk Plumbing INCApplicant: Teresa AntolecFees: $1,325Effective Date: 2022-01-27Permit Number: 100949329
    November 16, 2021
    Description: GarageJob Value: $10,000Status: issuedType: Easy permit processBusiness Name: Antolec INC; Ericsson Group CorpApplicant: Tas Construction of ChicagoFees: $1,175Effective Date: 2021-11-16Permit Number: 100942417
    May 28, 2021
    Description: Install bathroom tiles. Sand & finish hardwood floors. Trim. Replace doors & repair/replace 15 sheets of drywall- all work same as existingJob Value: $5,500Status: issuedType: Easy permit processBusiness Name: Antolec INCApplicant: Teresa AntolecFees: $175Effective Date: 2021-05-28Permit Number: 100924591
    May 11, 2021
    Description: Replacing light fixtures switches and receptaclesJob Value: $1,000Status: issuedType: Electric wiringBusiness Name: Ericsson Group CorpFees: $75Effective Date: 2021-05-11Permit Number: 100922077

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$5,177.33
      From latest Total Assessed Value17.85%
      Total Assessed Value$29,000
      =
      Land
      Assessed Value      $11,200
      +
      Additions
      Assessed Value      $17,800

      • In 2021, taxes billed for 5018 Michigan Ave were $5,177.33, which is 17.85% from latest Total Assessed Value of $29,000.

    Property History

    5018 Michigan Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 5018 Michigan Ave

    • Hazard Risks

      Tornado
      214
      Wind
      149
      Hail
      138
      Particulates
      134
      Carb Mono
      106
      Weather
      105
      Nat'l Avg
      100
      Ozone
      100
      Air Pollution
      100
      Lead
      59
      Earthquake
      42
      Hurricane
      13

      • 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 5018 Michigan Ave.

      Walkability Index

      16 /20

      Very Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      5018 Michigan Ave has a walkability score of 16 out of 20, which means that it is in a very 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 5018 Michigan Ave, temperatures range from 20.39°F to 34.22°F with an average of 27.31°F. In the summer, the temperature ranges from 62.88°F to 80.88°F with and average of 71.88°F.

    School Information

    Public/private schools serving 5018 Michigan Ave

      Public Schools

      Burke Elementary School
      Grades: PK-8
      0.54  mi
      D
      Phillips Academy High School
      Grades: 9-12
      1.47  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 5018 Michigan Ave have ratings undefined, and undefined.

    Neighborhood

    This property is located in Grand Boulevard, Chicago, IL 60615.

    • Region

      • Boundary map of Grand Boulevard.

      Crime Index for 60615

      169

      High Crime Index
      169

      The crime index in 60615 is 169, which is 1.7 times higher than national average.

    • Seasonal Housing units 60615

      5%

      of housing is for seasonal rent.

      Daytime Population for 60615

      -14%

      of people during work hours.

    Market Trends

    Historical market data near 5018 Michigan Ave over selected time period.

    Nearby Properties on Michigan Ave

    USAILCook CountyChicagoMichigan Ave