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500 N MICHIGAN AVE vs 1331 S WELLS ST: PermitPulse comparison

1331 S WELLS ST's valuation of $94,000,000 is 1.3x 500 N MICHIGAN AVE's $71,650,000 (98th percentile). 500 N MICHIGAN AVE is dated 2026-10-16; 1331 S WELLS ST 2026-10-20.

Data as of · Compiled by Zalwin from City of Austin, City of Chicago, City of Los Angeles, Montgomery County MD and City of Cincinnati open-data building permits

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How does 500 N MICHIGAN AVE compare to 1331 S WELLS ST?

Field500 N MICHIGAN AVE1331 S WELLS ST
MetroChicago, ILChicago, IL
Address500 N MICHIGAN AVE1331 S WELLS ST
Permit number101082340101084000
Permit typePERMIT - RENOVATION/ALTERATIONPERMIT - NEW CONSTRUCTION
TradeNew Build / ShellNew Build / Shell
Valuation$71,650,000$94,000,000
Issued2026-10-162026-10-20
Applied2026-06-022026-06-05
StatusPHASED PERMITTINGACTIVE
General contractorSHAMROCK ELECTRIC CO.INCPEPPER CONSTRUCTION COMPANY
DescriptionDDS 2019 CBRC: INTERIOR BUILDOUT TO EXISTING 24-STORY MIXED-USE, OFFICE BUILDING TO CONVERT INTO MULTI-FAMILY RESIDENTIAL BUILDING WITH 320 RESIDENTIAL UNITS. BUILDOUT TO INCLUDE NEW ROOFTOP AMENITY SPACE. DEMO PERMIT #101073249. MIXED-USE RETAIL AT GRADE IS NOT IN BUILDOUT SCOPE (EXISTING USE: MIXED-USE, RETAIL AND OFFICE. PROPOSED USE: R2, A2, A3, M, S2. 1A CONSTRUCTION). CONSULTANT REVIEWER: V3 COMPANIES OF ILDDS 2019 CBC: ENCLOSURE ONLY PERMIT FOR A 4-STORY STADIUM WITH NO BASEMENT ON PILES. NO MEP WORK. PILES ONLY PERMIT UNDER 101075594, SHALLOW FOUNDATIONS PERMIT UNDER 101079463. SUPERSTRUCTURE UNDER 101080382. (OCC GROUPS A-2, A-3, A-5, B, S-1, S-2, F-1, M; CONSTRUCTION TYPE IB) CONSULTANT REVIEWER: GLOBETROTTERS ENGINEERING
valuation percentile97th98th
Subcontractor Bid Window & Material Demand Score84/10084/100
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Official records: 500 N MICHIGAN AVE · 1331 S WELLS ST

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