Chicago

49 East Ontario Street, Chicago

Commercial building

technical data · neighborhood and transit

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49 East Ontario Street, ChicagoOpen map

Quick answers

Does 49 East Ontario Street have open permits or code violations?
Chicago Department of Buildings lists 27 permits, 11 not closed, and 8 violations.
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 49 East Ontario Street 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

11 permits not closed out. Unfinished permits pass to the next owner. No open violations.

  1. Permit - signs Sep 2026

    Non-iilluminated, wall, vinyl, business id sign 2

  2. Permit – express permit program Jun 2026Active

    Repair/replacement affecting 1 systems : 2 rooftop packaged unit(daikin m# carrier m# 48vg-k240603-gp) . electrical work under this permit = no . locations: 0 residential unit(s), 0 non-residential unit(s), exterior work, roof top.

  3. Permit – express permit program May 2026Active

    Fire alarm: repair existing system. affects: 0 dwelling units; 323 non-residential units. high-rise building: yes. voice communication: no. special locking: no. monitoring type: supervising station . specific location: floor 3 - floor 17 rooms.

  4. Permit – express permit program Feb 2026Active

    Scope: nonstructural interior alteration at level 1 luggage and gift shop for installation of new door and partition. at level 2 meeting room, remove and replace partition. no floor plan alterations. locations: 0 residential unit(s), 1 non-residential unit(s), 0 interior common areas, level 1 front desk, level 2 meeting room.

  5. Permit – express permit program Jun 2022Complete

    Replace canopy and entry lighting. exterior up lighting. new front desk location. various lighting changes in the lobby.

  6. Permit – express permit program Apr 2020Complete

    Low voltage wiring for restaurant

  7. Permit - renovation/alteration Feb 2020Complete

    Revision to permit #100825116 to replace select banquette seating with a sushi bar and wine storage in existing restaurant space on the 1st floor of existing hotel as per plans. (no change in use)

  8. Permit - signs Feb 2020

    Installation of (1) set of internally illuminated channel letters. sign to read 21c and to be mounted to the north building elevation.

  9. Permit – express permit program Dec 2019Complete

    Fire alarm - tenant build out on 1st fl (p). ck#146160;$600.00.

  10. Permit - renovation/alteration Oct 2019Complete

    Interior renovation of existing restaurant space in existing hotel on the 1st floor as per plans. (no change in use) **certified plans corrections: conditional permit subject to field inspections **

  11. Permit – express permit program Oct 2019Complete

    Fabrication & installation of audio visual equipment - low voltage interior work only, working on 1st & 2nd floor

  12. Permit – express permit program Oct 2019Complete

    Fire alarm - tenant build out on 1st fl (p). ck#145625;$600.00.

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

22 within 1,650 ft

Nearest: Poetry Foundation, 61 West Superior Street (1,500 ft), open. 2 still open. Ask whether groundwater or soil vapor testing was done.

EPA UST Finder, leaking underground storage tank releases

Brownfield site

1,700 ft

Chicago Hometown Award Boathouse Project and 1 more within half a mile. Former industrial land in EPA's cleanup and reuse program.

EPA ACRES Brownfields

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

2,700 ft

Ogden Elem School (2,700 ft), Salazar Elem Bilingual Center (3,750 ft), YCCS-Innovations of Arts Integr (3,800 ft). Confirm the assigned school with the district.

U.S. Department of Education, NCES

Major airport

9.8 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 49 East Ontario Street, Chicago

Building typeCommercial building

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

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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
Read the Chicago city report →

More on East Ontario Street

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Viewing 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.
  • 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.
  • Look at the stairwell (cleanliness, smell) and the association's notice board: unpaid dues, conflicts, recent decisions.
  • 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 for the latest maintenance bill from a winter month, not a summer one: that's where the real cost of living there shows up.

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