Commercial > Office
Sold
08/14/2001
Sold Price
$12,550,000$202/ft²
717 Michigan Ave
Chicago, IL 60611
- -Bed
- -Bath
- 62,200ft²Living Area
- 0.4acLot Size
- -Pool
- -Car
- 1970Year Built
- -DOM
- 19Permits
717 Michigan Ave, Chicago, IL 60611 is a 62,200 ft² commercial office property property built in 1970 on a 0.375 acre lot with 19 construction permits. This commercial office property is currently off market, and it was last sold in 2001 for $12,550,000.
Permits
717 Michigan Ave has 19 permit records of total value of $9,592,667.
Permit History
19
Permits
$9,592,667
Total Permit Value
April 19, 2023
Description: Self-cert 2019 cbrc: alterations to common areas in 4 story mercentile building. Re-demising of ground floor tenant space and the facade (only one portion of the facade). New rooftop unit being installed that requires a new shaft (occupancy group m; type iia construction)Job Value: $408,000Status: issuedType: Renovation/alterationBusiness Name: I&D Plumbing INC; Mark Restoration; Milrose Consultants LLC; Mohawk Electric Construction CApplicant: 717 N Michigan Ave Owner LLCFees: $2,578Effective Date: 2023-04-19Permit Number: 101007549
March 29, 2022
Description: Installation of burglar alarm job#500953288Job Value: $1,275Status: issuedType: Electric wiringBusiness Name: ADT Commercial LLCFees: $75Effective Date: 2022-03-29Permit Number: 100952955
March 24, 2022
Description: We propose to install a 51 sf sign on michigan aveJob Value: $2,000Status: issuedType: SignsBusiness Name: Modern Signs INCApplicant: Elliot AdamczykFees: $300Effective Date: 2022-03-24Permit Number: 100960527
January 20, 2022
Description: Sc-interior build-out for a new retail store located in an existing commercial space. Existing electrical and plumbing systems shall be modified to allow for new layout. No change to existing mechanical systemsJob Value: $125,000Status: issuedType: Renovation/alterationBusiness Name: DW Mechanical Group INC; Krause Construction INC; Rivetna CyrusApplicant: Dino MartinFees: $1,999Effective Date: 2022-01-20Permit Number: 100954045
September 3, 2021
Description: Electrical demolition and make safe of disney branded chandeliers and electrical equipmentJob Value: $2,500Status: issuedType: Electric wiringBusiness Name: MT Kelley Electric LLCFees: $75Effective Date: 2021-09-03Permit Number: 100938453
August 26, 2021
Description: Remove decorative column and remove/replace concrete at storfront entrance of an existing retail spaceJob Value: $55,000Status: issuedType: Easy permit processBusiness Name: Crane Construction Company L; Natola ConcreteApplicant: Elliot AdamczykFees: $550Effective Date: 2021-08-26Permit Number: 100937294
May 12, 2016
Description: Pull low voltage wire for building automation systemJob Value: $1,000Status: issuedType: Electric wiringBusiness Name: Abco Electrical Construction &Fees: $300Effective Date: 2016-05-12Permit Number: 100649678
February 17, 2016
Description: Installation of one (1) 2500lb.cap 150fpm, 3-floors 3-30mm belts eg 2:1 traction passenger elevator. Pursunat to plans submittedJob Value: $83,975Status: issuedType: Elevator equipmentBusiness Name: Schindler Elevator; Specialty ConstructionApplicant: Alecta Real Estate InvestmentFees: $825Effective Date: 2016-02-17Permit Number: 100635486
January 12, 2016
Description: **mechanical only** install 2 air handling units 3 roof mounted condensing units and 21 fan coil unitsJob Value: $900,000Status: issuedType: Renovation/alterationBusiness Name: Burnham Nationwide INC; Clune Construction Company L; Rise Electric LLC; State Mechanical ServicesApplicant: Mid America Asset ManagementFees: $2,475Effective Date: 2016-01-12Permit Number: 100630467
September 25, 2015
Description: Interior building out of existing 3-story retail building basement through 3rd floor and penthouse. Stair relocation and in-fill and mechanical systems upgrade. Existing use: retail proposed use: retail. **certified plan corrections project - conditional permit: subject to field inspections **Job Value: $6,200,000Status: issuedType: Renovation/alterationBusiness Name: Burnham Nationwide INC; Clune Construction Company L; Concept Plumbing; Rise Electric LLCApplicant: Alecta Real Estate Usa LLCFees: $18,487Effective Date: 2015-09-25Permit Number: 100599230
July 17, 2015
Description: Interior demolition of non load bearing partitions for basement and floors 1-3 in an existing 3-story retail building per plan. Existing use: retail proposed use: retail.(demo work only)Job Value: $880,000Status: issuedType: Renovation/alterationBusiness Name: Burnham Nationwide INC; Competitive Piping Systems; Hardt Electric INC; Milburn LLC; Stein JonathanApplicant: Mid America Asset Management, IncFees: $6,212Effective Date: 2015-07-17Permit Number: 100591799
July 24, 2014
Description: Repair and cleaning of existing exterior storefront. A project related to interior renovation permit #100541894Job Value: $50,000Status: issuedType: Renovation/alterationBusiness Name: Crane Construction Company L; Janowiak Jack MApplicant: Disney StoreFees: $375Effective Date: 2014-07-24Permit Number: 100545910
July 14, 2014
Description: Interior renovation of 7, 031 sq. Ft. Of existing retail store. No mechanical or plumbing work. Per plansJob Value: $316,395Status: issuedType: Renovation/alterationBusiness Name: Crane Construction/riteway HUG; GEO Services INC; Janowiak Jack MApplicant: Disney StoreFees: $2,395Effective Date: 2014-07-14Permit Number: 100541894
April 29, 2013
Description: Erect 1 spider modular scaffold from 4/30/2013 to 4/30/2014Job Value: $1Status: issuedType: ScaffoldingApplicant: Alteca Real Estate, LLCFees: $100Effective Date: 2013-04-29Permit Number: 100488219
January 31, 2012
Description: Installation of 14 wireless access pointsJob Value: $4,200Status: issuedType: Electric wiringBusiness Name: Communication Zone INCFees: $200Effective Date: 2012-01-31Permit Number: 100426287
July 7, 2010
Description: Removal of an existing koisk that is currently in a planter on the south east corner of the sidewalkJob Value: $1Status: issuedType: Easy permit processBusiness Name: Burnham Nationwide INC; Skender Interiors Group LLCApplicant: Banco Popular 10109Fees: $200Effective Date: 2010-07-07Permit Number: 100352348
November 13, 2007
Description: Partial non-structural remodeling of an existing 3rd floor vendor shop; no changes to egress or building structure. (no plumbing no refrigeration). -conditional permit subject to field verificationJob Value: $200,000Status: issuedType: Renovation/alterationBusiness Name: Columbia Sheet Metal; Healy Construction Services I; NAE LLC; Tessarolo Daniel LApplicant: John HaysFees: $3,352Effective Date: 2007-11-13Permit Number: 100200446
October 24, 2006
Description: Repair 2nd floor window sills. Patch caulk and paintJob Value: $13,320Status: issuedType: Easy permit processBusiness Name: Eugene Matthews INCApplicant: Mid America Assets MngmtFees: $255Effective Date: 2006-10-24Permit Number: 100144742
August 14, 2006
Description: Interior alterations to existing third floor retail sales space per plans - conditional permit subject to field inspectionJob Value: $350,000Status: issuedType: Renovation/alterationBusiness Name: Dejager Construction INC; Fost Richard G; Howe Electric CO INC; Ideal MechanicalFees: $4,472Effective Date: 2006-08-14Permit Number: 100126416
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$1,145,070.62From latest Total Assessed Value20.22%Total Assessed Value$5,663,850=Land+
Assessed Value$2,452,500Additions
Assessed Value$3,211,350
In 2021, taxes billed for 717 Michigan Ave were $1,145,070.62, which is 20.22% from latest Total Assessed Value of $5,663,850.
Property History
717 Michigan Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 717 Michigan Ave
Hazard Risks
Tornado201Wind157Hail142Particulates133Weather104Carb Mono103Nat'l Avg100Air Pollution100Ozone99Lead53Earthquake47Hurricane12
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 717 Michigan Ave.
Walkability Index
14 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
717 Michigan Ave has a walkability score of 14 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 717 Michigan Ave, temperatures range from 20.11°F to 34.01°F with an average of 27.06°F. In the summer, the temperature ranges from 62.78°F to 80.75°F with and average of 71.77°F.
School Information
Public/private schools serving 717 Michigan Ave
Public Schools
Ogden Elementary School
Grades: KG-8
0.43 mi
D+
Wells Community Academy High School
Grades: 9-12
2.31 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 717 Michigan Ave have ratings undefined, and undefined.
Neighborhood
This property is located in Near North Side, Chicago, IL 60611.
Seasonal Housing units 60611
45%of housing is for seasonal rent.
Daytime Population for 60611
+155%of people during work hours.
Boundary map of Near North Side.
Crime Index for 60611
176
176
The crime index in 60611 is 176, which is 1.8 times higher than national average.
Market Trends
Historical market data near 717 Michigan Ave over selected time period.
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