1241 South Wabash Avenue, Chicago
technical data · neighborhood and transit
Quick answers
- Does 1241 South Wabash Avenue have open permits or code violations?
- Chicago Department of Buildings lists 34 permits, 27 not closed, and 60 violations, 35 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 1241 South Wabash 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
27 permits not closed out. Unfinished permits pass to the next owner. 35 open violations.
- Permit – express permit program Nov 2024Complete
Repair/replacement affecting 1 systems : 1 central furnace(carrier 58tp0b070v1716 closet) . electrical work under this permit = no . locations: 1 residential unit(s), 0 non-residential unit(s), unit 303.
- Permit – express permit program Aug 2024Suspended
Scope: roof replacement. area: 8500 sq. ft. roof covering: mineral - surfaced roll roofing. location: rooftop. il roofing contractor license: 104013742.
- Permit – express permit program May 2024Complete
In-kind replacement of exterior windows and doors in existing openings. replacement windows: 1; replacement skylights: 0; replacement doors: 0. affects: 0 residential unit(s), 1 non-residential unit(s), location: first floor, front facade window romove/replace.
- Permit - renovation/alteration Oct 2022Phased permitting
Interior demolition and removal of non-load bearing partitions of all areas on an existing 3 story building, renovations will be submitted on a separate permit
- Permit - easy permit process Jun 2021
Masonary repairs: remove/replace terr cotta units, install flashing, repair bricks.tuckpointing(4000 sqft)no structual work.,
- Permit - scaffolding Jun 2021
Erect one(1)scaffold from 06/09/2021 to 06/09/2022.
- Permit - easy permit process Jun 2019
Tuckpointing - no structural work - 2000 sqft; replace bricks
- Permit - elevator equipment Feb 2019
Perform 2017 fire service phase ii mandate upghrade on one(1) roped/hydraulic, 2500lb capacity, 7 floor, passenger elevator pursuant to the scope of work submitted.(ev017413)
- Permit - easy permit process Sep 2018
Remove & replace 800 bricks at top of building only.
- Permit - scaffolding Jul 2018
Erect (1) scaffold from 7-9-18 to 7-9-19
- Permit - easy permit process Jul 2018
Units 605 and 405, repair/replace lintels and flashing and brick. only
- Permit - easy permit process May 2017
Tuckpointing - no structural work - 300 sqft
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 (700 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
4,600 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
250 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
950 ft
South Loop Elem School (950 ft), Jones College Prep High School (2,650 ft), Perspectives Chtr - Joslin Campus (3,750 ft). Confirm the assigned school with the district.
U.S. Department of Education, NCES
Major airport
8.5 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
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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
More on South Wabash Avenue
All addressesViewing 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.
- Look at the stairwell (cleanliness, smell) and the association's notice board: unpaid dues, conflicts, recent decisions.
- 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.
- 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.
Neighborhood recommendations are derived from public OpenStreetMap data and may be incomplete. Checking in person is still what matters most.