Commercial > Multi-family / Apartments
Sold
08/28/2018
Sold Price
$4,275,000$328/ft²
5216 Michigan Ave
Chicago, IL 60615
- -Bed
- 6Baths
- 13,050ft²Living Area
- 7,900ft²Lot Size
- -Pool
- -Car
- 1898Year Built
- -DOM
- 5Permits
5216 Michigan Ave, Chicago, IL 60615 is a 6 bath, 13,050 ft² multi-family/apartments property built in 1898 on a 0.181 acre lot with 5 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2018 for $4,275,000.
Permits
5216 Michigan Ave has 5 permit records of total value of $329,301.
Permit History
5
Permits
$329,301
Total Permit Value
November 13, 2019
Description: South elevation repair to existing masonry wall addition one missing brick course to six sections approx 3 by 5-tie new course with brick ties and rebars; spot tuck point as needed; all to correct violations all work sae (1000 sq ft area) (5216-5218)Job Value: $24,000Status: issuedType: Easy permit processBusiness Name: Northcreek Builders LLC; PericApplicant: Bronzeville South/sd LLCFees: $625Effective Date: 2019-11-13Permit Number: 100850724
December 29, 2015
Description: Seal undersise spalled loose concrete at fron building. Permit to address all code violationsJob Value: $300Status: issuedType: Easy permit processBusiness Name: IVY Investment Enterprises LLC; Susberry Construction COApplicant: White Oak PropertiesFees: $325Effective Date: 2015-12-29Permit Number: 100629201
April 19, 2013
Description: 6 unit 3 story building conversion from 6 to 7 units as per plansJob Value: $45,000Status: issuedType: Renovation/alterationBusiness Name: Power Source Electric INCApplicant: Bj KimFees: $1,451Effective Date: 2013-04-19Permit Number: 100480616
January 4, 2013
Description: Change gc to andy-d enterpirses and plumber to zryw plumbing for permit 100426065Job Value: $1Status: issuedType: Easy permit processBusiness Name: Andy D Enterprises INC; PMH Permits; Zryw Plumbing INCApplicant: Anthony GolobFees: $100Effective Date: 2013-01-04Permit Number: 100472876
June 4, 2012
Description: 1. Interior building out per architectural plan.2. Remove and replace exist. Wood porch per plan.3. New trash enclosure 6 ht. Wood fence & sliding wrought iron gate and parking areasee permit #100480616 issued 04-17-13to: 6 unit 3 story building conversion from 6 to 7 units as per plansJob Value: $260,000Status: issuedType: Renovation/alterationBusiness Name: Batiste Masonry; Casey Kenneth Edwin; CNT INC; Gaylord E Mccoy; GET ComfortableApplicant: Anthony GolobFees: $4,284Effective Date: 2012-06-04Permit Number: 100426065
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$21,224.58From latest Total Assessed Value20.17%Total Assessed Value$105,233=Land+
Assessed Value$11,850Additions
Assessed Value$93,383
In 2021, taxes billed for 5216 Michigan Ave were $21,224.58, which is 20.17% from latest Total Assessed Value of $105,233.
Property History
5216 Michigan Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 5216 Michigan Ave
Hazard Risks
Tornado214Wind149Hail138Particulates134Carb Mono106Weather105Nat'l Avg100Ozone100Air Pollution100Lead59Earthquake42Hurricane13
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 5216 Michigan Ave.
Walkability Index
11 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
5216 Michigan Ave has a walkability score of 11 out of 20, which means that it is in a somewhat 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 5216 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 5216 Michigan Ave
Public Schools
Beethoven Elementary School
Grades: PK-8
0.64 mi
D-
Phillips Academy High School
Grades: 9-12
1.72 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 5216 Michigan Ave have ratings undefined, and undefined.
Neighborhood
This property is located in Washington Park, Chicago, IL 60615.
Seasonal Housing units 60615
5%of housing is for seasonal rent.
Daytime Population for 60615
-14%of people during work hours.
Boundary map of Washington Park.
Crime Index for 60615
169
169
The crime index in 60615 is 169, which is 1.7 times higher than national average.
Market Trends
Historical market data near 5216 Michigan Ave over selected time period.
Nearby Properties on Michigan Ave
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- 950 N Michigan Ave # 28d, Chicago, IL 60611 (1000 Lake Shore Plaza Condominiums) is a 2,430 square foot, 3 bedroom, 3 bathroom, 1.13 acre property. It was built in 1984 and has an estimate of $950,600 with a price per ft² of $391.
- 1801 S Michigan Ave #Unit 303, Chicago, IL 60616 (Prairie District) is a 0.41 acre property. It was built in 1899 and has an estimate of $222,590.
- 777 N Michigan Ave #Apt 3009, Chicago, IL 60611 (777 North Michigan) is a 950 square foot, 1 bedroom, 1 bathroom, 0.39 acre property. It was built in 1927 and has an estimate of $310,709 with a price per ft² of $327.
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- 950 N Michigan Ave # 51e, Chicago, IL 60611 (1000 Lake Shore Plaza Condominiums) is a 1,560 square foot, 1 bedroom, 2 bathroom, 1.13 acre property. It was built in 1984 and has an estimate of $650,100 with a price per ft² of $417.
- 910 S Michigan Ave #Apt 1314, Chicago, IL 60605 (Wabash Corridor) is a 1,057 square foot, 1 bedroom, 1 bathroom, 0.02 acre property. It was built in 1913 and has an estimate of $328,571 with a price per ft² of $311.
- 7429 S Michigan Ave, Chicago, IL 60619 (Grand Crossing) is a 1,224 square foot, 3 bedroom, 1 bathroom, 0.11 acre property. It was built in 1920 and has an estimate of $176,627 with a price per ft² of $144.
- 7435 S Michigan Ave, Chicago, IL 60619 (Grand Crossing) is a 1,922 square foot, 4 bedroom, 3.25 bathroom, 0.14 acre property. It was built in 1912 and has an estimate of $214,250 with a price per ft² of $111.
- 7405 S Michigan Ave, Chicago, IL 60619 (Grand Crossing) is a 1,200 square foot, 3 bedroom, 1 bathroom, 0.18 acre property. It was built in 1962 and has an estimate of $201,544 with a price per ft² of $168.
- 535 N Michigan Ave #Apt 1001, Chicago, IL 60611 (535 Residences) is a 0.46 acre property. It was built in 1959 and has an estimate of $266,756.
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