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Property Details

17-10-306-018-0000

150 N MICHIGAN AVE ● CHICAGO, IL ● South Chicago

Tax Details

Property Classification 591
Square Footage (Land) 17,469
Neighborhood 10
Taxcode 76015
Next Scheduled Reassessment 2024

Assessed Valuation

2020 Assessor Certified values include adjustments, where applicable, for COVID-19 effects on property.
2024 Assessor Certified 2023
Board of Review Certified
Total Estimated Market Value $125,478,948 $87,610,860
Total Assessed Value $31,369,737 $21,902,715
Land Assessed Value $655,088 $1,856,081
Building Assessed Value $30,714,649 $20,046,634
* “Property Location” is not a legal/postal mailing address. Its sole purpose is to help our Office locate the property. Therefore, you should not utilize the property location for any purpose, however, you may update the Property Location with your Legal/Postal Mailing Address should you choose to do so. Updating the address will not change the Property Location to a Legal/Postal Mailing Address.
** Information may be available by submitting an FOIA Request

Exemption Status

Year Exemption type and amount

Exemption History

Characteristics

Description Commercial buildings over three stories
Age **
Building Square Footage **
Assessment Phase Assessor Valuation
1 Excluded from building square footage, except apartment
2 Excluded from building square footage
* “Property Location” is not a legal/postal mailing address. Its sole purpose is to help our Office locate the property. Therefore, you should not utilize the property location for any purpose, however, you may update the Property Location with your Legal/Postal Mailing Address should you choose to do so. Updating the address will not change the Property Location to a Legal/Postal Mailing Address.
** Information may be available by submitting an FOIA Request

Appeal History

Year Previous Board Certified Assessor Post-Appeal Valuation Assessor Valuation Appeal Number Attorney/Tax Representative Applicant Status Result
2024 $33,509,262 (2023) $31,369,737 $33,509,262 1508203 THOMAS D. FLANAGAN Appeal Review Complete Assessed Value Adjusted - Income, Market or Cost
2021 $47,488,432 (2020) $34,107,707 $47,488,432 434779 ADAM ROGOZINSKY SPUS8 150 NMA, LP Appeal Review Complete Assessed Value Adjusted - This is the result of an income, market or cost analysis.
2018 $18,141,610 (2017) $26,586,295 $33,738,442 209705 MARK VOLPE SPUS8 150 NMA LP Appeal Review Complete Assessed Value Not Adjusted - This is due to income, market or cost analysis supporting the assessment.
2017 $17,338,535 (2016) $18,141,610 $21,745,617 191159 BRIAN GROSSMAN JOHN HANCOCK LIFE INS Appeal Review Complete Assessed Value Not Adjusted - This is due to income, market or cost analysis supporting the assessment.
2016 $17,895,738 (2015) $18,186,519 $29,717,199 181141 JOHN HANCOCK LIFE INS EUGENE P GRIFFIN Appeal Review Complete Assessed Value Not Adjusted - This is due to income, market or cost analysis supporting the assessment.
2015 $12,539,875 (2014) $17,895,738 $29,688,230 164346 JOHN HANCOCK LIFE INS EUGENE P GRIFFIN Appeal Review Complete Assessed Value Not Adjusted - This is due to income, market or cost analysis supporting the assessment.
2014 $12,255,444 (2013) $12,539,875 $14,016,205 124299 JOHN HANCOCK LIFE INS EUGENE L GRIFFIN Appeal Review Complete Assessed Value Adjusted - This is the result of the partial occupancy of your property along with an income, market or cost analysis.
2013 $12,255,444 (2012) $12,255,444 $14,016,206 136003 EUGENE L GRIFFIN Appeal Review Complete Assessed Value Adjusted - This is the result of the partial occupancy of your property alongwith an income, market or cost analysis.
2012 $11,134,207 (2011) $12,255,444 $21,006,034 130511 EUGENE L GRIFFIN Appeal Review Complete Assessed Value Adjusted - This is the result of the partial occupancy of your property alongwith an income, market or cost analysis.
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