1160 Michigan AveChicago, IL 60605

Property Details for 1160 Michigan Ave

Year built

2005

Lot size

0.38 AC

Property type

Retail properties

Property subtype

Parking lots & garages

APN

17-15-309-041-1087

APU

17153090411087

• CAP approach

  CAP return

  Valuation

  6%

  $7,735,814

  6.5%

  $7,140,751

  7%

  $6,630,698

• Comparable approach

  Method

  Valuation

  Method 1

  $5,374,766

  Method 2

  $5,374,766

• Alternative Use

  Use

  Valuation

  Residential

  $6,023,490

  Hospitality

  $5,517,485

  Educational

  $4,590,483

  Medical

  $4,748,356

  Retail

  $7,140,751

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.8677

Longitude

-87.6246

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $3,849
• Assessed land value
  $77
• Assessed value
  $3,926
• Tax year
  2022
• Tax bill
  $807

FAQs

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