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Property Details
17-10-301-013-0000
233 N MICHIGAN AVE ● CHICAGO, IL ● South Chicago
Tax Details
Property Classification
591
Square Footage (Land)
57,231
Neighborhood
10
Taxcode
76015
Next Scheduled Reassessment
2027
Assessed Valuation
2020 Assessor Certified values include adjustments, where applicable, for COVID-19 effects on property.
2025 Board of Review Certified
2024
Board of Review Certified
Board of Review Certified
Total Estimated Market Value
$124,000,000
$124,000,004
Total Assessed Value
$31,000,000
$31,000,001
Land Assessed Value
$2,146,163
$2,146,163
Building Assessed Value
$28,853,837
$28,853,838
* “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 |
|---|---|---|---|---|---|---|---|---|
| 2018 | $32,158,508 (2017) | $33,000,003 | $55,620,775 | 209347 | ELIZABETH GRACIE | IC 233 BUILDING CO LLC | Appeal Review Complete | Assessed Value Not Adjusted - This is due to income, market or cost analysis supporting the assessment. |
| 2017 | $31,665,005 (2016) | $33,205,313 | $40,524,316 | 184686 | ELIZABETH GRACIE | IC 233 BUILDING CO LLC | Appeal Review Complete | Assessed Value Adjusted - This is the result of the partial occupancy of your property. |
| 2016 | $28,792,647 (2015) | $31,755,000 | $40,500,000 | 181683 | IC 233 BUILDING CO LLC | ELIZABETH GRACIE | 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. |
| 2015 | $28,687,422 (2014) | $29,276,628 | $40,077,807 | 5165070 | HUB PROPERTIES TRUST | ELIZABETH GRACIE | Appeal Review Complete | - This is a letter/Unique Property on Re-review. |
| 2014 | $33,346,851 (2013) | $28,687,422 | $39,004,728 | 127227 | PARKWAY PROPERTIES | ELIZABETH L GRACIE | 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. |
| 2012 | $41,116,693 (2011) | $40,550,589 | $46,800,000 | 5130710 | ELIZABETH L GRACIE | Appeal Review Complete | - This is due to an initial valuation. |
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