2720 South Michigan Avenue, Chicago
technical data · neighborhood and transit
Quick answers
- Does 2720 South Michigan Avenue have open permits or code violations?
- Chicago Department of Buildings lists 16 permits, 10 not closed, and 4 violations, 4 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 2720 South Michigan Avenue at risk for?
- FEMA's National Risk Index rates the area relatively moderate overall, with elevated tornado and heat wave risk.
Permits and code violations
10 permits not closed out. Unfinished permits pass to the next owner. 4 open violations.
- Permit - signs Apr 2023
Napleton downtown chevrolet - wall sign - (s michigan ave elevation) - 1'-10"h x 14'-9"w (24 sqft)
- Permit - signs Apr 2023
Napleton downtown chevrolet - change of face to existing ground sign - 2'-2"h x 10'-6"w (23 sqft); original dob # 100522829 - issued 03/05/2014. new faces to read: 'napleton' and replace 'rogers'
- Permit – express permit program May 2022Complete
**electrical only permit**install new 480 volt service for electrical vehicle charges. original permit #100939059 was only for the vehicle charging stations. new service to be added for additional equipment
- Permit – express permit program Sep 2021Complete
Install of (2) ev charging stations. 1-50kw outside - 1-19.2kw in service area
- Permit - signs May 2018
Installation of (1) set of internally illuminated channel letters to be mounted to the south building elevation
- Permit - signs May 2018
Installation of (1) set of internally illuminated channel letters to be mounted to the east building elevation
- Permit - signs May 2018
Installation of (1) internally illuminated sign cabinet to be mounted to the east building elevation above the door.
- Permit - signs May 2018
Installation of (1) internally illuminated sign cabinet to be mounted to the east building elevation.
- Permit - signs May 2018
Installation of (1) internally illuminated sign cabinet to be mounted to the south building elevation
- Permit – express permit program Aug 2016Complete
Rogers auto group 130-33001-14 low voltage permit for low voltage camera system installation
- Permit - signs Mar 2014
Installation of (1) internally illuminated pylon sign to be mounted per the attached site plan
- Permit - signs Nov 2012
Install one set of certified service letters on building
Chicago Department of Buildings
Safety and environment
FEMA natural hazard risk
Relatively Moderate
Highest for this area: tornado, heat wave, cold wave. These drive insurance cost here.
FEMA National Risk Index, census tract
Leaking fuel tanks
6 within 1,650 ft
Nearest: Cno Development, 2624-2628 South Dearborn (1,200 ft), open. 1 still open. Ask whether groundwater or soil vapor testing was done.
EPA UST Finder, leaking underground storage tank releases
Brownfield site
2,150 ft
24th And Federal. Former industrial land in EPA's cleanup and reuse program.
EPA ACRES Brownfields
Toxic release facility
800 ft
Maurey Manufacturing Corp and 1 more within a mile. Reports chemical releases to air, water or land to EPA each year.
EPA Toxics Release Inventory
Historic listing nearby
350 ft
James E. Plew 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
900 ft
YCCS-McKinley-Lakeside Leadership (900 ft), Drake Elem School (1,250 ft), Graham R Training Center (2,100 ft). Confirm the assigned school with the district.
U.S. Department of Education, NCES
Major airport
7.7 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 Michigan Avenue
All addressesViewing recommendations
What's worth checking in person before deciding.
- Test water pressure and temperature at the tap, in the bathroom and kitchen, for at least a minute.
- 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.
- 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.
Neighborhood recommendations are derived from public OpenStreetMap data and may be incomplete. Checking in person is still what matters most.