Chicago

1234 South Michigan Avenue, Chicago

Retail space

technical data · neighborhood and transit

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Quick answers

Does 1234 South Michigan Avenue have open permits or code violations?
Chicago Department of Buildings lists 13 permits, 6 not closed, and 32 violations, 23 open.
What is the 2026 conforming loan limit in Cook County?
$832,750 for a single-unit home, per FHFA. Larger loans are jumbo loans.
Is radon a problem here?
EPA radon zone 2, moderate potential.
What natural disasters is 1234 South Michigan Avenue at risk for?
FEMA's National Risk Index rates the area relatively high overall, with elevated tornado and inland flooding risk.

Permits and code violations

6 permits not closed out. Unfinished permits pass to the next owner. 23 open violations.

  1. Permit - signs Oct 2019

    Install one set of internally illuminated channel letters sign to be mount on east side of building elevation

  2. Permit - signs Oct 2019

    Install one set of internally illuminated channel letters sign to be mount on east side of building elevation (ming hin and chinese name)

  3. Permit - signs Jul 2019

    Install one set of internally illuminated channel letters sign to be mount on north side of building elevation

  4. Permit - elevator equipment Jun 2019

    Installation of one(1) 2-floor, 2500lb capacity, 100fpm, mrl, hydraulic, passenger elevator, pursuant to the scope of work plans submitted.

  5. Permit – express permit program Jul 2018Complete

    Revise single line electrical diagram on existing permit number (100681921). consolidate five transformers into one larger transformer in basement

  6. Permit - elevator equipment Mar 2018

    Installation of one (1) waupaca 500lb.cap, 60 fpm, 2-floors, 1/4" cable machine in pit dumbwaiter. pursuant to the plans submitted.

  7. Permit - easy permit process Jan 2018

    Revision to permit # 100681921 for alternative code approval request: drainage & vent pipe & fittings (request to use schedule 40 pvc for plumbing system include underground & above ground drain & vent pipe)

  8. Permit - renovation/alteration Dec 2017Complete

    Revision to permit #100681921. revision is to modify a non-egress stair, create a floor opening between floors 1 and 2, reconfigure dining room on ground and second floor, eliminate one type 1 exhaust hood, reconfigure ground floor toilets, associated mep changes.

  9. Permit - renovation/alteration Feb 2017Complete

    Interior alteration to convert existing 2 story + basement building to a 2-story restaurant with associated mechanical, electrical, plumbing. new masonry trash enclosure. replacement of windows. new rooftop mechanical equipment platform.

  10. Permit – express permit program Dec 2014Complete

    Installation of low voltage burglar alarm interior work only # 4011-80770

  11. Permit – express permit program Nov 2012Complete

    Installation of low voltage burglar alarm # 340-16513-01 sm busi

  12. Permit – express permit program Feb 2010Complete

    Install low voltage burglar alarm

Chicago Department of Buildings

Safety and environment

FEMA natural hazard risk

Relatively High

Highest for this area: tornado, inland flooding, heat wave, cold wave. These drive insurance cost here.

FEMA National Risk Index, census tract

Leaking fuel tanks

15 within 1,650 ft

Nearest: 1325 State Street, Llc, 1347 South State Street (950 ft), open. 4 still open. Ask whether groundwater or soil vapor testing was done.

EPA UST Finder, leaking underground storage tank releases

Toxic release facility

4,800 ft

General Packaging Products Inc and 2 more within a mile. Reports chemical releases to air, water or land to EPA each year.

EPA Toxics Release Inventory

Historic listing nearby

50 ft

Curtiss--Wright Aeronautical University Building. Exterior changes can need preservation review; listed buildings can qualify for rehabilitation tax credits.

National Park Service, National Register

Radon potential

Moderate

Average indoor levels of 2 to 4 pCi/L. EPA still suggests testing ground-floor and basement units.

EPA and USGS Geologic Radon Potential Map

Nearest public schools

1,200 ft

South Loop Elem School (1,200 ft), Jones College Prep High School (2,700 ft), Perspectives Chtr - Joslin Campus (3,850 ft). Confirm the assigned school with the district.

U.S. Department of Education, NCES

Major airport

8.6 mi

Chicago Midway (MDW). Aircraft may be audible under approach paths.

FAA large-hub airports

Sinkhole-prone ground

Limestone karst

The bedrock here (dolostone (dolomite), Silurian) can dissolve and open sinkholes. Ask for a geotechnical report and check whether sinkhole coverage is in the insurance policy.

USGS Karst in the United States (OFR 2014-1156)

Conforming loan limit 2026

$832,750

Cook County. Mortgages up to this amount qualify for Fannie Mae and Freddie Mac pricing. Above it, the loan is a jumbo with stricter terms.

FHFA Conforming Loan Limit Values, one-unit

Sunlight

How the sun hits 1234 South Michigan Avenue, Chicago

Building typeRetail space

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The Address Story

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How much it costs to live here

Price, rent, mortgage, and the city's economic context, all in one place.

The money at this address

Renting, buying, and investing, on the same numbers. Enter the listing price to see all calculations.

Estimated monthly rent–
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Loan calculator for this address

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Rough estimate, with a fixed rate. The bank's offer may include fees and insurance.

Who lives and works in Chicago

Trading floors, logistics and the deepest architecture stock in America

Chicago carries a full corporate economy at a price the coasts do not match. Neighborhoods are distinct and walkable, two and three flats are everywhere, and the Loop still sets the commute for finance, law and consulting.

$71,673
median household income
18.9%
residents aged 25 to 34
45%
households that own their home

What pays the bills

  • Finance and trading
  • Logistics and rail
  • Law and consulting
  • Healthcare
  • Manufacturing

Who anchors the economy

CME Group · Boeing suppliers · University of Chicago · Northwestern Medicine · United Airlines

The market is shaped around

  • Young professionals
  • Families buying space
  • Two and three flat owners
Read the Chicago city report →

More on South Michigan Avenue

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Viewing recommendations

What's worth checking in person before deciding.

  • The building has commercial space on the ground floor. Ask about their hours, check where the ventilation or refrigeration units are, and what time deliveries happen in the morning.
  • Test water pressure and temperature at the tap, in the bathroom and kitchen, for at least a minute.
  • Knock on a neighboring door and ask two things: what bothers them most often, and what work is planned for the building.
  • Ask specifically where you'd park: is there paid city parking, who currently holds it, what the permit costs, and how long the waitlist is.
  • Ask for the latest maintenance bill from a winter month, not a summer one: that's where the real cost of living there shows up.
  • Schedule a viewing on a weekday too, between 6:00 and 7:30 PM, the window when the building is busiest: neighbors, parking, elevator.
  • Look at the stairwell (cleanliness, smell) and the association's notice board: unpaid dues, conflicts, recent decisions.

Neighborhood recommendations are derived from public OpenStreetMap data and may be incomplete. Checking in person is still what matters most.