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Commercial > Multi-family / Apartments
Sold
09/01/2023
Sold Price
$1,550,000$--/ft²

7001 Michigan Ave
Chicago, IL 60637

  • -
    Bed
  • -
    Bath
  • -
    Living Area
  • 0.4
    ac
    Lot Size
  • -
    Pool
  • -
    Car
  • 1927
    Year Built
  • -
    DOM
  • 3
    Permits
7001 Michigan Ave, Chicago, IL 60637 is a multi-family/apartments property built in 1927 on a 0.365 acre lot with 3 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2023 for $1,550,000.

    Permits

    7001 Michigan Ave has 3 permit records of total value of $116,900.

    Permit History
    3
    Permits
    $116,900
    Total Permit Value
    July 24, 2017
    Description: Renovation of existing 15 units to include replace kitchen cabinets new electrical and new plumbing supply/waste lines and fixtures for 15 units only in an existing 3 story with basement 31 unit building. All work as per plans.**certified corrections- - subject to field inspections & audit **Job Value: $110,000Status: issuedType: Renovation/alterationBusiness Name: Building Permits INC; Clear Construction LLC; Colalillo David; NEW Frontier Electrical ConstrApplicant: Ee Michigan Clyde LLCFees: $3,108Effective Date: 2017-07-24Permit Number: 100709441
    April 25, 2017
    Description: Spot tuckpoint on south elevationJob Value: $3,900Status: issuedType: Easy permit processBusiness Name: Ronald L Walters General ANDApplicant: Ee Clyde Managment, LLCFees: $550Effective Date: 2017-04-25Permit Number: 100701946
    September 22, 2008
    Description: Addition emergancy lighting in all interior and exterior stairwellsJob Value: $3,000Status: issuedType: Electric wiringBusiness Name: Boruch SperoFees: $100Effective Date: 2008-09-22Permit Number: 100258299

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$36,509.43
      From latest Total Assessed Value20.11%
      Total Assessed Value$181,557
      =
      Land
      Assessed Value      $8,745
      +
      Additions
      Assessed Value      $172,812

      • In 2021, taxes billed for 7001 Michigan Ave were $36,509.43, which is 20.11% from latest Total Assessed Value of $181,557.

    Property History

    7001 Michigan Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 7001 Michigan Ave

    • Hazard Risks

      Tornado
      220
      Wind
      142
      Particulates
      135
      Hail
      130
      Weather
      110
      Air Pollution
      102
      Nat'l Avg
      100
      Carb Mono
      100
      Ozone
      100
      Lead
      58
      Earthquake
      46
      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 7001 Michigan Ave.

      Walkability Index

      12 /20

      Somewhat Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      7001 Michigan Ave has a walkability score of 12 out of 20, which means that it is in a somewhat 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 7001 Michigan Ave, temperatures range from 20.19°F to 34.21°F with an average of 27.2°F. In the summer, the temperature ranges from 62.66°F to 80.98°F with and average of 71.82°F.

    School Information

    Public/private schools serving 7001 Michigan Ave

      Public Schools

      Deneen Elementary School
      Grades: PK-8
      0.36  mi
      D+
      Robeson High School
      Grades: 9-12
      0.76  mi
      * 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 7001 Michigan Ave have ratings undefined, and undefined.

    Neighborhood

    This property is located in South Side, Chicago, IL 60637.

    • Region

      • Boundary map of South Side.

      Crime Index for 60637

      170

      High Crime Index
      170

      The crime index in 60637 is 170, which is 1.7 times higher than national average.

    • Seasonal Housing units 60637

      2%

      of housing is for seasonal rent.

      Daytime Population for 60637

      -13%

      of people during work hours.

    Market Trends

    Historical market data near 7001 Michigan Ave over selected time period.

    Nearby Properties on Michigan Ave

    USAILCook CountyChicagoMichigan Ave